Karachi: The Pakistan Credit Rating Agency (PACRA) has upheld the debt instrument rating of Samba Bank Limited, supported by its parent company, Saudi National Bank, the largest commercial bank in Saudi Arabia. Despite a decline in profit after tax an…
Karachi: JS Investments Limited, in collaboration with Gohar Group of Companies, has announced the launch of Pakistan’s first Shariah-compliant hotel real estate investment trust (REIT) in Hyderabad, Sindh. The JS Hotel REIT (JSHR) is a hybrid model f…
Islamabad: Martyrdom anniversaries of prominent liberation leaders, Mirwaiz Molvi Muhammad Farooq and Khawaja Abdul Ghani Lone, and martyrs of Hawal was observed in Indian illegally occupied Jammu and Kashmir and Azad Jammu and Kashmir today.
Accord…
Karachi: The State Bank of Pakistan has released the latest figures for the weighted average customer exchange rates. The data provides insights into the buying and selling rates for various international currencies as of the latest update.
The exc…
Karachi: The Exchange Companies Association of Pakistan (ECAP) reported minor changes in the open market exchange rates on May 21, 2025. The State Bank of Pakistan released these figures, indicating a modest shift in the buying and selling prices of m…
Karachi: The State Bank of Pakistan has released new data outlining recent institutional transaction limits, indicating a ceiling of 24,400 units for one institution and a floor of 60,000 units for another.
The data released covers transactions dat…
Islamabad: The government has endorsed the establishment of the Pakistan Digital Assets Authority (PDAA) to regulate blockchain-based financial infrastructure. The new regulatory body is set to oversee and manage the licensing, compliance, and innovation within the digital asset ecosystem in the country. According to Radio Pakistan, the PDAA will regulate
Lahore: Pakistan Cricket Board (PCB) has announced a sixteen-member squad for the three T20 matches series against Bangladesh scheduled in Lahore from the 25th of this month. Salman Ali Agha has been appointed as the captain of the Pakistan team.
Acc…