Karachi, October 2, 2023: Prepare for the highly anticipated IEEEP Fair 2023 taking place from October 3rd to 5th, 2023, at the prestigious Karachi Expo Centre. Being organized by IEEEP Karachi Center and Badar Expo Solutions, this year’s event promises to be a remarkable showcase of sustainable innovation, featuring over 265 National & International Brands…
Lahore 1st Oct, 2023: Rashid Ashraf, the CEO of ACE Money Transfer, has suggested a multifaceted strategy to save the precious foreign exchange reserves of the country. The State Bank of Pakistan last week reported that the nation’s overall foreign reserves amounted to $13,079.1 million. Pakistan’s foreign reserve levels have experienced a downward trend in…
Karachi, September 29, 2023: The Pakistani rupee on Friday claimed the title of being the best-performing currency in the world for the month of September, after reaching a seven-week high against the US dollar, closing at the rate of Rs 287.74. According to the State Bank of Pakistan (SBP) reports, the Pakistani rupee made significant…
KARACHI: In spite of the dismal economic circumstances, external account pressures, highest-ever inflation reading in FY23, and lower demand across major sectors, the profitability of the KSE-100 index showcased an upward trend, posting a healthy growth 20.6% YoY in FY23 and 70.3% YoY in 4QFY23. According to Arif Habib Limited, the growth in profitability (PAT)…
Karachi, Septmeber 27, 2023: Digital transactions continued growth trajectory owing to the increased consumers’ preference for digital channels of mobile and internet banking for meeting their financial needs. Overall, mobile and internet banking transactions witnessed an annual growth of 57 percent by volume and 81 percent by value during the last fiscal year (FY23). The…