Business

Business

Dollar Rises as Brent Jumps 4.1% on US-Iran Strikes

The dollar rose against most major currencies in Asian trading on Monday as Brent crude jumped 4.1% to USD 79.11…

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Islamabad Airport Outsourcing Gets ADB Advisory Deal

Pakistan’s Privatisation Commission approved an agreement with the Asian Development Bank to advise on the outsourcing of Islamabad airport through…

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World Economic Forum Trustees Clash Over Leadership Reforms

GENEVA: World Economic Forum reforms trustees have stalled as trustees clash over proposals to slim down the organisation's 28-member board…

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Pakistan Livestock Population Reaches 251.3 Million

Pakistan’s livestock population reached 251.3 million in 2024, while the number of cattle rose 89% over 18 years, the Pakistan…

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Meezan Bank Shares Allotted Under Employee Scheme

Meezan Bank Limited allotted 6,541,796 ordinary shares to employees under the Employee Share Options under its Employee Share Option Scheme,…

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Hugo Boss Takeover Offer Rejected as Too Low

Hugo Boss urged shareholders on Thursday to reject Frasers Group’s €2 billion ($2.3 billion) Hugo Boss takeover offer. The company…

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Currency Exchange Rates: US Dollar Selling at Rs279.90

KARACHI: Currency exchange rates in Pakistan’s open market put the US dollar at Rs278.65 buying and Rs279.90 selling on July…

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BankIslami Digital Bank Award Given by Euromoney

KARACHI, Sindh: Euromoney has named BankIslami digital bank Pakistan’s Best Islamic Digital Bank, recognising the lender’s technology-led push into Shariah-compliant…

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Pakistan Remittances Reached a Record USD 41.6bn in FY26

KARACHI: Pakistan remittances reached a record $41.6 billion in FY2025-26, rising 9% from a year earlier. The inflows rose from…

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