Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has announced the maintenance of the entity ratings of Engro Elengy Terminal (Private) Limited (EETPL). The terminal, boasting an impressive operational availability of 95% during the period, continues to benefit from technically sound operations and robust maintenance managed by Excelerate Energy (EE),
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the entity ratings of Engro Polymer and Chemicals Limited (EPCL). This decision comes in light of the company’s strategic initiatives and challenges faced by the global PVC industry, which saw prices revert to pre-COVID levels due to subdued demand in
Karachi: The State Bank of Pakistan has released the latest weighted average customer exchange rates for various currencies, providing insights into the buying and selling rates effective as of today. The data aims to inform stakeholders including businesses, investors, and individuals engaged in international transactions. According to State Bank of
Karachi: The State Bank of Pakistan has released the Karachi Interbank Offered Rates (KIBOR) for ul-2025, detailing the bid and offer rates across various tenors. According to State Bank of Pakistan, the KIBOR rates are as follows: for a 1-week tenor, the bid rate is 10.92 and the offer rate
Karachi: The Exchange Companies Association of Pakistan (ECAP) has released the latest open market currency exchange rates as of July 07, 2025. According to State Bank of Pakistan, the US Dollar (USD) is being bought at 285.50 PKR and sold at 286.64 PKR in the open market. Meanwhile, the Euro
Islamabad: The State Bank of Pakistan has released its latest financial figures, highlighting the ceilings and floors for financial institutions as of July 7, 2025. These figures provide crucial insights into the financial landscape and the constraints within which institutions are operating. According to State Bank of Pakistan, the data
Karachi: The State Bank of Pakistan (SBP) announced figures related to its overnight repo and reverse repo facilities, highlighting the activity of financial institutions on July 7, 2025. According to State Bank of Pakistan, only one institution accessed each of the SBP’s overnight repo and reverse repo facilities on the
Karachi: Federal Minister for Interior and Narcotics Control, Syed Mohsin Raza Naqvi, addressed the growing concern over widespread visa rejections by the UAE, announcing plans to meet with the UAE Interior Minister to discuss the issue, which notably affects Pakistani citizens in the business community. He expressed optimism about reaching