Business

Business

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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Oil Prices Surge 5% as Global Markets Fall

Oil prices surge more than 5% Wednesday, July 8, while global stock markets fell after US President Donald Trump said…

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Hedge Fund Returns Rise as Stock Pickers Gain 4pc

LONDON: Hedge fund returns rose in June as stock pickers gained 4% and fundamental equity funds posted an 18.4% quarterly…

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Global Markets Fall as Brent Crude Jumps 5.37pc

LONDON: Global markets fell broadly as the Nikkei 225 lost 2.11% and Brent crude oil rose 5.37% to $78.14, LSEG…

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KSE-100 Stocks: GAL Leads Three-Year PSX Outperformers

KSE-100 stocks led by Ghandhara Automobiles Ltd. beat the benchmark for three straight fiscal years, Pakistan Stock Exchange data showed.…

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Oil Prices Rise 2% After US Strikes in Southern Iran

Oil prices rose more than 2% on Wednesday after US strikes in southern Iran and renewed crude sales sanctions raised…

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Saudi Package Visa Pilot Combines Flights, Hotels, Entry Permit

Saudi Package Visa Pilot Combines Flights, Hotels, Entry Permit Lede paragraphSaudi Arabia has launched the pilot phase of its Saudi…

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Pakistan Islamic Banking Shift Gives Foreign Banks Edge

KARACHI: Pakistan's Islamic banking rules will require domestic lenders to convert fully by January 1, 2028, while foreign banks may…

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