BMW has unveiled the all-new BMW 5 Series Sedan, showcasing its remarkable advancements in digital technology and introducing the model’s first-ever all-electric drive. As the BMW i5, this latest edition of the world’s most successful business sedan spearheads the transition towards sustainable premium mobility in the upper mid-range vehicle segment.
(more…)Author: Faisal Shahnawaz
-

Karachi Interbank Offered Rates KIBOR – May 24, 2023
KARACHI: State Bank of Pakistan (SBP) on Wednesday issued the Karachi Interbank Offered Rates (KIBOR) as on May 24, 2023.
(more…) -

Pakistan stocks experience modest growth amidst profit-taking
KARACHI: Pakistan’s stock market witnessed a slight upward trend on Wednesday as investors engaged in profit-taking during the final trading hour.
(more…) -

SECP issues fraud alert, warns public against fraudulent investment schemes
Islamabad, May 24 – The Securities and Exchange Commission of Pakistan (SECP) issued a fraud alert on Wednesday, cautioning the general public to refrain from investing in fraudulent investment schemes that make false promises of substantial profits and unrealistic incentives.
(more…) -

SBP penalizes five banks with Rs224 million for regulatory violations
Karachi, May 24, 2023 – The State Bank of Pakistan (SBP) has taken strict action against five commercial banks for violating regulatory provisions, including anti-money laundering (AML) laws.
(more…) -

SBP’s weighted average customer exchange rates on May 24, 2023
KARACHI: The State Bank of Pakistan (SBP) on Wednesday issued foreign exchange rates for May 24, 2023. The exchange rate is on the basis of weighted average rates of commercial banks.
(more…) -

Pakistani rupee ends five-day losing streak against dollar on May 24, 2023
Karachi, May 24, 2023 – The Pakistani Rupee managed to break free from its five-day losing streak against the US dollar on Wednesday, as it recorded a slight gain in the interbank foreign exchange market.
(more…) -

Mercedes-Maybach introduces Night Series: Bold, Progressive Design Package
Mercedes-Maybach, the renowned luxury car manufacturer, has launched the Night Series, a groundbreaking design package that pushes the boundaries of automotive aesthetics. With its dark chrome accents, mesmerizing surfaces, and exquisite interiors, the Night Series is poised to captivate both existing and new audiences, defying conventional norms and igniting a sense of rebellious desire.
(more…) -

Volkswagen launches new Touareg with enhanced technology
Volkswagen has recently introduced the highly anticipated all-new Touareg, a premium SUV that offers a range of impressive features and advancements. One of the notable highlights is the optional IQ.LIGHT HD matrix headlights, which provide a glare-free main beam.
(more…) -

Prices of KIA Picanto variants in Pakistan
Following are the current prices of KIA Picanto variants in Pakistan. KIA Picanto is a popular compact car manufactured locally by Lucky Motor Corporation (LMC). The Picanto is designed as a city car, offering a small and efficient vehicle option for urban driving.
(more…)
