Islamabad: The Pakistani Rupee (PKR) extended its losing streak against major international currencies, according to data released by the Exchange Companies Association of Pakistan (ECAP) on August 21, 2025. The PKR depreciated against the US Dollar, …
Islamabad: Karachi Chamber of Commerce and Industry (KCCI) leaders have issued an urgent plea for an emergency declaration in Karachi as torrential monsoon rains cripple the metropolis, causing widespread devastation and loss of life. Chairman Busines…
Islamabad: Lucky Core Industries (LCI) reported a record profit after tax of Rs11.8 billion, a 5% year-on-year increase, in its FY25 corporate briefing held today. The acquisition of Pfizer’s portfolio significantly contributed to this growth, bolster…
Islamabad: Saudia, Saudi Arabia’s national airline, has received the “Best in Class for Service-Guest Experience” award for 2025 from the Airline Passenger Experience Association (APEX). The carrier achieved the highest score in this area among all ai…
Islamabad: Lucky Core Industries Limited (LCI) reported a 4.5% year-over-year rise in standalone earnings for fiscal year 2025, reaching PkR11.6 billion (EPS: PkR25.20), boosted by the acquisition of Pfizer’s portfolio. This increase comes despite cha…
Islamabad: Pakistan’s financial institutions are grappling with a significant liquidity squeeze as the ceiling on interbank transactions reached PKR 180,000 on August 21, 2025, according to data from the State Bank of Pakistan. No floor limit was repo…