Karachi: The United Business Group (UBG) has expressed strong disapproval of the State Bank of Pakistan’s recent decision to keep the interest rate steady at 11%. According to UBG President Zubair Tufail, the Monetary Policy Committee’s decision has d…
Karachi: The State Bank of Pakistan released the latest Karachi Interbank Offered Rate (KIBOR) rates for July 30, 2025, showing minor adjustments across various tenors.
For a one-week tenor, the bid rate is 10.61, while the offer rate is slightly hi…
Karachi: Mian Zahid Hussain, a prominent figure in Pakistan’s business community, has called on the State Bank of Pakistan to reduce the policy interest rate to six percent. He warned that the current 11 percent rate poses significant challenges to in…
Karachi: Wafi Energy Pakistan Limited, the exclusive licensee of Shell fuel and lubricants in Pakistan, has officially confirmed Zubair Shaikh’s continuation as Chief Executive Officer. With an extensive background spanning over 19 years in the energy…
STOCKHOLM: Spotify has unveiled its second quarter earnings for 2025, showcasing notable growth in both subscribers and monthly active users. The company’s latest financial report reveals a 12% year-over-year increase in subscribers, reaching 276 mill…
Stockholm: Spotify has announced substantial growth in its subscriber base and monthly active users for the second quarter of 2025. The company reported a more than 30% increase in net subscriber additions in the first half of the year compared to the…