The Monetary Policy Committee (MPC) decided to keep the policy rate unchanged at 11 percent in its meeting today. The Committee noted that inflation in June 2025 decelerated to 3.2…
Founder President of the Islamabad Women’s Chamber of Commerce and Industry (IWCCI) and United Business Group leader Samina Fazil has called on business organizations to jointly demand a reduction in…
Meezan Bank, Pakistan’s first and largest Islamic bank, becomes the first bank in the country to roll out Visa’s latest digital innovation: – the Visa Global eSIM for its Visa…
President of the Hyderabad Chamber of Small Traders & Small Industry (HCSTSI), Muhammad Saleem Memon, has strongly urged the State Bank of Pakistan (SBP) to immediately bring down the prevailing…
Faisal Moiz Khan, President of the North Karachi Association of Trade and Industry (NKATI), has urged the State Bank of Pakistan to announce a reduction of at least 2 to…
Junaid Naqi, President of the Korangi Association of Trade and Industry (KATI), has called for a substantial reduction in the policy interest rate in the upcoming Monetary Policy Committee (MPC)…
President Karachi Chamber of Commerce & Industry (KCCI), Muhammad Jawed Bilwani, has strongly urged the State Bank of Pakistan (SBP) to announce a substantial cut in the key policy rate,…
President of the United Business Group (UBG) and former President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), Zubair Tufail, has called on the State Bank of…
Engro Fertilizers, a major fertilizer company in Pakistan, and Bank Alfalah Limited, Pakistan’s leading commercial bank, announced a strategic partnership aimed at empowering farmers across the country through enhanced lending…
MG Motors Pakistan, in partnership with Bank Alfalah, announces the launch of the ‘Freedom Package’ - a time-bound Independence Day offer running from July 15 to August 15, 2025. The…
President of Pakistan Business Forum (PBF) Karachi Division, Malik Khuda Bakhsh, has supported the demand made by United Business Group’s Patron-in-Chief, S.M. Tanveer, to reduce the interest rate to 6%…
The State Bank of Pakistan (SBP) has released foreign reserve data today. The total liquid foreign reserves held by the country stood at US$19,917.5 million as of The State Bank…
Pakistan Telecommunication Company Limited (PTCL) and Al Baraka Bank Pakistan Limited have signed an agreement for the provision of primary Data Center colocation services at PTCL’s Tier-III Data Center facility.…
In line with the SBP’s Strategic Plan – Vision 2028 – and to enhance transparency in the monetary policy formulation process, the SBP will publish a Monetary Policy Report (MPR)…
Pak-Qatar Asset Management Company Limited (PQAMC)-rated AM2 with a Stable Outlook by PACRA and part of Pak-Qatar Group, Pakistan’s premier and pioneer Islamic financial services group, has achieved another remarkable…
The country is on track for positive economic development and growth, and any attempt to manipulate the exchange rate by any segment must be strongly resisted, as it would risk…
The total liquid foreign reserves held by the country stood at US$19,957.1 million as of July 11, 2025. The break-up of the foreign reserves position is as under: Foreign reserves…
As digital devices become essential to everyday life, Daraz Pakistan has partnered with Jubilee General Insurance to introduce a Device Insurance solution that protects customers' investments from unexpected risks. This…
AHL Research has published a significant report on mutual fund equity holdings. The report reveals that among the top 10 stocks held by mutual funds, OGDC, PPL, and PSO are…
In a joint effort to promote Riba-free banking in Pakistan, BankIslami and ZLK Islamic Financial Services, Pakistan’s first Shariah-compliant brokerage Firm, hosted a high-impact session on Islamic finance for a…
Pak-Qatar Group has successfully launched its new Customer Relationship Management (CRM) system in partnership with Maison Consulting. This initiative aims to enhance customer experience through improved operational efficiency and personalized…
Faysal Bank Limited (FBL), one of Pakistan’s leading Islamic banks, has partnered with Smart1-Tech (Pvt.) Ltd., a fast-growing Fintech company focused on digital payments and acceptance solutions. This partnership aims…
The federal government aims to assist overseas Pakistanis, particularly youth in Gulf countries, by introducing a technological solution for easier remittance transfers to families through a domestic payment scheme. Rana…
Khushhali Microfinance Bank has signed the Women Entrepreneurs Finance Code (WE Finance Code) initiated by the State Bank of Pakistan and the Asian Development Bank, aligning with a vision of…
The total liquid foreign reserves held by the country stood at US$ 20,028.7 million as of 04-Jul-2025. The break-up of the foreign reserves position is as under: Foreign reserves held…
