Karachi: The State Bank of Pakistan has released new data outlining recent institutional transaction limits, indicating a ceiling of 24,400 units for one institution and a floor of 60,000 units for another.
The data released covers transactions dat…
Karachi: The cement sector in Pakistan experienced a substantial increase in earnings during the third quarter of fiscal year 2025, according to a recent analysis of eight key companies. Earnings surged by 2.3 times year-on-year, primarily driven by a…
Karachi: The State Bank of Pakistan (SBP) announced adjustments in its overnight repo and reverse repo facilities on May 21, 2025, according to a recent press release from the central bank. The SBP reported activity involving one institution for each …
Karachi: MG Motors Pakistan recently celebrated a significant milestone with the line-off ceremony of its 1000th locally assembled MG HS Plug-in Hybrid Electric Vehicle (PHEV) at its plant in Lahore. This event underscores MG’s commitment to advancing…
Karachi: Standard Chartered has announced in its latest report that global Islamic finance assets are anticipated to exceed $7.5 trillion by 2028. This projection marks a significant growth of 36% over the next four years, as the sector undergoes expa…
Karachi: The Pakistan Credit Rating Agency (PACRA) has announced the maintenance of the broker fiduciary rating (BFR) for Ismail Iqbal Securities (Pvt.) Limited (IISPL) at BFR 3+ with a stable outlook. This decision reflects the company’s strong posit…