Karachi: The State Bank of Pakistan has reported its latest overnight repo and reverse repo transactions, with financial institutions engaging in significant short-term borrowing and lending activities. On February 17, 2025, two institutions accessed …
Karachi: The State Bank of Pakistan has released the latest Karachi Interbank Offered Rate (KIBOR) for tenors ranging from one week to one year. The rates indicate a slight fluctuation across the different tenors, with the one-week bid rate at 11.95 a…
ISLAMABAD: Pakistan is poised to receive up to $40 billion in financing from the World Bank over the next 10 years under a new Country Partnership Framework (CPF). This initiative aims to foster sustainable economic growth and development through long…
Karachi: Engro Fertilizers Ltd. (EFERT) recently reported its financial results for the year CY24, showing a robust earnings growth of 8% year-on-year, with total earnings reaching Rs28 billion. The company also announced a cash dividend of Rs8 per sh…
ISLAMABAD: Pakistan is poised to receive up to $40 billion in financing from the World Bank over the next 10 years under a new Country Partnership Framework (CPF). This initiative aims to foster sustainable economic growth and development through long…
Karachi: Fertilizer sales in Pakistan experienced significant declines in January 2024, primarily due to advance procurement by farmers in the previous month. Urea sales fell 27% year-on-year to 446,000 tons, marking a considerable drop attributed to …