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Currency Exchange Rates in Pakistan-December 13, 2025
Foreign exchange rates in Pakistan were updated on December 13, 2025, showing the latest buying and selling prices of major international currencies against the Pakistani rupee in the open market, including the US Dollar, British Pound, Euro, Saudi Riyal and…
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Industries and Farmers Get Electricity Relief Package
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Prime Minister Shehbaz Sharif has announced a new three-year electricity relief package called the Roshan Maeeshat Electricity Package to support Pakistan’s industrial and agricultural sectors.…
Dubizzle Group Delays IPO Amid Volatile UAE Listing Environment
4 min read
Dubai-based classifieds giant Dubizzle Group has postponed its much-anticipated initial public offering (IPO) on the Dubai Financial Market (DFM), announcing that it will “assess optimal…
NEPRA Slashes K-Electric Tariffs and Tightens Loss Targets
3 min read
The National Electric Power Regulatory Authority (NEPRA) has approved a major revision to K-Electric’s (KEL) Multi-Year Tariff (MYT) framework for FY2024–FY2030, introducing significant changes in…
Karachi Consumers Push Energy Ministry for Accountability
3 min read
Consumers and industrial stakeholders in Karachi have jointly issued an open letter to the Ministry of Energy (Power Division), asserting that “Karachi consumers cannot remain…
Lahore Development Authority Earns Record Rs3.47 Billion from Landmark Property Auction
2 min read
In a major financial milestone, the Lahore Development Authority (LDA) has achieved record revenue of Rs3.47 billion through its latest public property auction held at…
Rupee Gains Slightly Against Dollar, Strengthens Globally
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The Pakistani rupee (PKR) posted a slight gain against the US dollar in the inter-bank market on Wednesday, closing at Rs. 281.05 compared to Rs.…
Sindh Approves Rs. 2.89 Billion for Development Projects in Karachi
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The Sindh government has approved Rs. 2.89 billion in funding for multiple infrastructure and public welfare projects in Karachi, marking a major step toward improving…
Govt Plans $13bn ‘Sea-to-Steel’ Corridor to Revive Pakistan Steel Mills
2 min read
The Ministry of Maritime Affairs has announced a $13 billion Sea-to-Steel Green Maritime Industrial Corridor project at Port Qasim to revive the dormant Pakistan Steel…
MCB Bank Shares Strong Financial Results for the Third Quarter
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MCB Bank Limited has released its financial results for the third quarter ending September 30, 2025, showing consistent growth and a strong balance sheet. The…
Gold Prices Plunge Sharply in Pakistan Amid Global Market Decline
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Gold prices in Pakistan have seen a massive drop, marking one of the steepest declines in recent months. According to the latest data, the price…
Dubizzle Group’s Dubai IPO: A Closer Look at the $2 B Valuation, Offer Structure & Exit Details
4 min read
With its debut on the Dubai Financial Market (DFM) imminent, Dubizzle Group is positioning itself as not merely a regional classifieds leader but as a…
UAE Firm Completes Rs4.1 Billion Acquisition of First Women Bank
2 min read
UAE’s International Holding Company (IHC) has completed the Rs4.1 billion acquisition of First Women Bank, marking a major step in Pakistan’s privatization drive. The deal,…
IGI Holdings Eyes Full Acquisition of Akzo Nobel: Process Underway
3 min read
IGI Holdings Limited has announced that its wholly-owned subsidiary, IGI Investments (Private) Limited, has received in-principle board approval to evaluate the acquisition of up to…
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