Pakistan’s automobile sector witnessed a sharp decline in car sales for July 2024, with a 36% month-over-month (MoM) drop, largely… Read More
Rupee Holds Its Own At 278 Against Dollar Despite Small Losses
The Pakistani rupee (PKR) opened the new week with losses against the US Dollar today after opening trade at 278… Read More
Rupee Ends Week With Small Recovery Against US Dollar, Other Currencies
The Pakistani rupee (PKR) gained some ground second day in a row against the US Dollar today after opening trade… Read More
Meezan Bank Posts Highest-Ever Quarterly Profit of Rs. 26.7 Billion in 2Q 2024
Meezan Bank Limited (PSX: MEBL) has announced its 2QCY24 result today, where the bank recorded earnings of Rs. 26.7 billion,… Read More
Rupee Suddenly Halts Losing Streak Against US Dollar
The Pakistani rupee (PKR) reversed losses against the US Dollar today after opening trade at 278 in the interbank market.… Read More
6-Month KIBOR Drops to Lowest Level in 17 Months
The 6-Month Karachi Inter-Bank Offered Rate (KIBOR), a benchmark for lending to consumers and businesses, fell by 37 basis points… Read More
Pakistani Rupee Falls Third Day in a Row Against US Dollar
The Pakistani rupee (PKR) fell 3rd day in a row against the US Dollar today after opening trade at 278… Read More
MCB Bank Posts Highest Ever Half-Yearly Profit in H1 2024
The Board of Directors of MCB Bank Limited (MCB) in its meeting under the Chairmanship of Mian Mohammad Mansha, on… Read More
Govt Trying to Unlock $1.3 Billion in Geneva Pledges This Fiscal Year
The current federal government is trying very hard to unlock $1.3 billion in financing which was promised as part of… Read More
OICCI Injected $22 Billion as FDI in Pakistan in Past 10 Years
The Overseas Investors Chamber of Commerce and Industry (OICCI), the representative body for the top 210 foreign investors in Pakistan,… Read More
Lucky Core Industries’ Profit Down by 37% in FY24
Lucky Core Industries Limited announced its 4QFY24 financial result today where the company posted a profit after tax (PAT) of… Read More
Data Protection Bill Will Cost Millions of Jobs, Business Losses and Boycott in Pakistan: AIC
The Asia Internet Coalition (AIC) comprising global digital media giants raised several questions on “Data localization” while saying it can… Read More
