Karachi: Saudi Arabia’s AlFursan Loyalty Program is gaining substantial traction among travelers, particularly those flying from Saudi Arabia. The program recently announced a new payment option called “Cash + Miles,” allowing passengers to pay for a …
Karachi: Pakistan has finalized a significant trade agreement with the United States aimed at enhancing bilateral trade, expanding market access, and attracting foreign investment. The agreement, announced by AKD Securities Limited, is expected to fos…
Islamabad: The Board of Directors of Bank Alfalah Limited approved the bank’s financial results for the half year ending June 30, 2025, announcing a profit after tax of PKR 15.27 billion. This equates to an earnings per share of PKR 9.68, a decrease f…
Karachi: In a significant development for Pakistan’s Islamic finance sector, Pak-Qatar Family Takaful Limited (PQFTL) has achieved a milestone by becoming the first dedicated Family Takaful operator in the country to receive an ‘AA’ Insurer Financial …
Karachi: The State Bank of Pakistan (SBP) has decided to maintain its policy rate at 11.0%, citing a worsening inflation outlook driven by adjustments in energy prices, increased economic activity, and a potential widening of the trade deficit. This d…
KARACHI: The President of the SITE Association of Industry, Ahmed Azeem Alvi, has voiced significant concern regarding the State Bank of Pakistan’s decision to maintain the policy rate at 11%. According to a statement from Mr. Alvi, the central bank’s…