FLASHNEWS:

Category: General

PACRA Assigns Stability Rating to Alhamra Islamic Cash Fund

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has assigned an initial stability rating to the Alhamra Islamic Cash Fund, highlighting its low-risk profile and commitment to Shariah-compliant investments. The Fund, launched on September 7, …

KIBOR Rates See Stability Across Short-Term Tenors

Karachi: The Karachi Interbank Offered Rate (KIBOR) showed stability across various short-term tenors, according to the latest figures released. On October 1, 2026, the bid and offer rates for the 1-week and 2-week tenors remained steady at 11.43% and…

Rehan Hanif Welcomes New FBR Order Easing Business Operations

KARACHI: President of the Karachi Chamber of Commerce and Industry (KCCI), Rehan Hanif, expressed approval for the Federal Board of Revenue’s issuance of Sales Tax General Order No. 25 of 2026, which aims to facilitate the business sector by simplifyi…

EB5 Capital Announces I-956F Approval for JF47 – The Aletto at Boca Raton

I-956F approval clears path for investor green card petitions through first trophy office in downtown Boca Raton in 25+ years WASHINGTON, Sept. 25, 2026 (GLOBE NEWSWIRE) — EB5 Capital announced today that the United States Citizenship and Immigration Services (USCIS) approved the I-956F petition for JF47 – The Aletto at Boca Raton. The approval enables […]

Exchange Rates Show Fluctuations in Currency Values

Karachi: Recent data from the currency exchange market has revealed fluctuations in the values of several major currencies against the local currency. The latest figures highlight changes in the buying and selling rates of the USD, EURO, GBP, JPY, AED…