Business

The Business category provides comprehensive coverage of global and local business news, trends, and insights. From multinational corporations to small businesses, this category offers valuable information for entrepreneurs, investors, and professionals alike.

Mobilink Bank's WIN Incubator Graduates 13 Women-Led Startups

Mobilink Bank’s WIN Incubator Graduates 13 Women-Led Startups

As an industry-first initiative, Pakistan's leading digital microfinance bank, Mobilink Bank, has successfully graduated 13 women-led enterprises from its 'Women Inspirational Network (WIN) Incubator Program' after equipping them with essential skills, financial literacy, and digital tools to upscale their startup, build business resilience, and foster sustainable growth. A vibrant graduation...

SBP Maintains Monetary Policy Rate at 12%

SBP Maintains Monetary Policy Rate at 12%

On March 10, 2025, the Monetary Policy Committee (MPC) of the State Bank of Pakistan decided to keep the policy rate steady at 12%, reflecting a cautious approach to balancing inflation control and economic growth. The decision comes as headline inflation dropped to a surprising 1.5% in February 2025, driven...

Meezan Asaan Student Account: Free Debit Card for Students

Meezan Asaan Student Account: Free Debit Card for Students

Are you a student in Pakistan looking for a hassle-free banking solution tailored to your needs? The Meezan Asaan Student Account might just be the perfect fit. Designed exclusively for students aged 18-24, this account offers a seamless, Shariah-compliant banking experience with a standout perk: a free debit card upon...

SAR to PKR Exchange Rate Update: March 8, 2025

SAR to PKR Exchange Rate Update: March 8, 2025

The exchange rate of the Saudi Riyal (SAR) against the Pakistani Rupee (PKR) saw a slight fluctuation in the open market today, March 8, 2025. The SAR was trading at Rs75.00, according to market reports. While the exchange rate held at Rs75.00, the selling rate for the Riyal experienced a...

Mobilink Bank, COP28

Mobilink Bank wins prestigious GLOMO Award

Pakistan's leading digital microfinance institution, Mobilink Bank, has solidified its standing as a trailblazer in women's financial inclusion and economic empowerment by winning the 'CMO Marketing Campaign' Award at the GSMA Global Mobile (GLOMO) Awards during Mobile World Congress 2025. The award recognizes Mobilink Bank's groundbreaking campaign - The Invisible...

Gold Prices Soar in Pakistan: Rs306,300 Per Tola

Gold Prices Soar in Pakistan: Rs306,300 Per Tola

Pakistan’s gold market experienced a dramatic surge on Tuesday, aligning with bullish trends in the global economy. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 24-karat gold per tola soared by an impressive Rs4,800, landing at Rs306,300. This sharp climb reflects growing demand and economic...

Meezan Bank and Payoneer Ink Partnership Deal

Meezan Bank and Payoneer Ink Partnership Deal

Karachi, March 5, 2025 – Payoneer, a global fintech leader empowering small and medium-sized businesses (SMBs), has teamed up with Meezan Bank, Pakistan’s premier Islamic bank, to streamline international payments for the country’s entrepreneurs, freelancers, and SMBs. The partnership was sealed during a signing ceremony at Meezan Bank’s Head Office,...

SBP Announces Banking Hours for Ramadan 2025

SBP Announces Banking Hours for Ramadan 2025

The State Bank of Pakistan (SBP) has released the official schedule for office and business hours to be observed during the holy month of Ramadan-ul-Mubarak 1446 A.H. (2025). These timings will be followed by the State Bank of Pakistan, as well as all banks, Development Finance Institutions (DFIs), and Microfinance...

State Bank of Pakistan Announces Bank Holiday on March 3

State Bank of Pakistan Announces Bank Holiday on March 3

The State Bank of Pakistan (SBP) has announced that all banks, development finance institutions (DFIs), and microfinance banks (MFBs) will remain closed to the public on Monday, March 3, 2025. This day will be observed as a “Bank Holiday” to facilitate the deduction of Zakat, following guidelines from the Ministry...

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