Business

Meezan Bank has issued a 'Customer Advisory' statement on its social media platforms, categorically denying rumors of a data breach. The bank described these claims as entirely baseless. In the statement, Meezan Bank assured customers that their data is fully secure and that no security issues have occurred. Despite this,...

Several Meezan Bank debit card holders have reported unauthorized transactions being made using their cards, specifically for Facebook ads. Shockingly, many of these individuals claim they have never used their debit cards for online transactions, raising concerns about potential security breaches. One alarming case involves a Meezan Bank customer who...

Ufone 4G, a leading Pakistani telecommunications service provider, has partnered with Jubilee Insurance, a renowned insurance company, to launch JGI Insurance Products for Ufone 4G customers. The signing ceremony took place at PTCL Group Headquarters in Islamabad. Through this collaboration, Jubilee Insurance will offer two tailored insurance plans to Ufone...

The price of gold in the local Sarafa (bullion) market has dropped by Rs. 5,000 per tola, bringing it down to Rs. 277,800. Similarly, the price of 10 grams of gold decreased by Rs. 4,286, now standing at Rs. 238,169. This decline is also reflected in the global market, where...

Meezan Bank, Pakistan’s premier Islamic bank, has officially announced an increase in fund transfer and ATM withdrawal limits for all debit cardholders. These new limits have been communicated via SMS and across social media platforms to ensure all clients are informed. Here’s a summary of the new limits for various...

The country’s leading ICT services provider, Pakistan Telecommunication Company Limited (PTCL) has signed a strategic agreement with Mumtaz City to revolutionize connectivity for its residents and businesses through its premium and flagship internet service, Flash Fiber. This collaboration highlights the shared vision of PTCL and Mumtaz City to deliver a...

LAHORE: PTCL Group, Pakistan’s leading telecommunication services provider, has taken a step forward towards road safety with the signing of a Memorandum of Understanding (MoU) with Atlas Honda Ltd. This collaboration underscores PTCL’s commitment to promoting safe commuting practices for motorcyclists and aligns with the Group’s ongoing Health, Safety, and...

The Pakistani Rupee showed signs of improvement against the US Dollar in the interbank market, appreciating by 0.04% on Thursday, November 14, 2024. According to the State Bank of Pakistan's closing rates, the PKR settled at 277.74 against the USD, compared to Wednesday's closing rate of 277.85. This marginal gain...

As of today, November 14, the exchange rate for the UAE Dirham (AED) remains steady, against Pakistani Rupee (PKR) with a buying rate of Rs. 75.35 and a selling rate of Rs. 76, according to forex.pk. This stable exchange rate allows Pakistani expatriates to convert their earnings without significant losses,...

The Saudi Riyal remained stable in Pakistan’s open market for the third consecutive day on Wednesday, with no fluctuations in exchange rates. The buying rate stood firm at Rs73.65, while the selling rate remained unchanged at Rs74.20. Saudi Arabia is a key contributor to Pakistan’s remittance inflows, as many Pakistani...

The Pakistan Stock Exchange (PSX) saw a strong gain on Thursday, with the KSE-100 Index rising by more than 500 points in intraday trading. By 11 AM, the benchmark index climbed 548.58 points, or 0.59%, reaching 93,904.00 from the previous close of 93,355.42. This positive trend follows a slight recovery...

The Pakistani Rupee showed slight appreciation against the US Dollar today, reflecting a minor improvement in its value. According to the State Bank of Pakistan's interbank closing rate, the exchange rate for 1 USD stands at 277.85 PKR, a small gain from yesterday’s rate of 277.93 PKR. 1 USD =...