Karachi: The Karachi Interbank Offered Rate (KIBOR) remained stable across various tenors, reflecting a steady economic environment despite ongoing uncertainties. The State Bank of Pakistan released the latest rates, which showed minimal fluctuations …
Islamabad: Fauji Fertilizer Company (FFC) is making strides toward Shariah compliance following its merger with FFBL. The June 2025 financials reveal FFC has successfully reduced its non-compliant investments to total assets ratio below the 33% thresh…
Karachi: Engro Holdings Limited, formerly Dawood Hercules Corporation Limited, has announced a notable increase in its financial performance for the half year ending June 30, 2025. The company reported a consolidated Profit-After-Tax (PAT) of PKR 73,3…
Karachi: Pakistan Telecommunication Company Limited (PTCL) has reported a 16% increase in group revenue for the first half of 2025, demonstrating robust growth across several sectors, including fixed broadband and mobile data. This announcement follow…
Islamabad: The Pakistani Rupee continued its downward spiral against major international currencies, with the US dollar nearing the PKR 284 mark in the open market on Saturday. Exchange companies reported the greenback trading between PKR 283.07 and P…
Islamabad: Standard Chartered Bank (Pakistan) Limited declared an interim cash dividend of 35% (PKR 3.50/- per share) for the first half of 2025, despite a decrease in profit before tax to PKR 32.9 billion compared to PKR 49.3 billion in the same peri…