Lahore: Interloop Ltd. (ILP) has released its financial results for the third quarter of fiscal year 2025, highlighting a significant drop in profitability. The company reported earnings of PkR1.3 billion, or PkR0.95 per share, marking a 68% decrease …
Islamabad: Careem, the leading ride-hailing service in Pakistan, has secured an Effie Award in the Software category. The accolade was given for the company’s “Take Back Your Marzi with Flexi” campaign, showcasing its commitment to impactful and custo…
Islamabad: Allied Bank has been recognized by UnionPay International (UPI) with an award for the highest co-badged debit card issuance. This accolade highlights the bank’s significant role in advancing digital payment solutions within Pakistan.
The…
Karachi: The Exchange Companies Association of Pakistan announced new currency exchange rates on Tuesday. According to the latest figures, the US Dollar is being bought at 281.31 and sold at 282.87 in the open market.
The Euro is being bought at 319…
Karachi: VIS Credit Rating Company Ltd. (VIS) has maintained the Broker Management Rating of Mohammad Munir Muhammad Ahmed Khanani Securities Limited (MMMAKSL) at ‘BMR2’, while revising the outlook from ‘Stable’ to ‘Negative’. This rating action follo…
Karachi: VIS Credit Rating Company Limited has maintained its entity ratings for Ittehad Chemicals Limited (ICL) at ‘A-/A2’, while revising the outlook from Stable to Positive. The updated ratings reflect the company’s robust credit quality and sound …