Author: Faisal Shahnawaz
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Sri Lanka vs Zimbabwe: Harare gears up for first ODI showdown
Harare, August 28, 2025 – Cricket fever is set to grip Harare as Sri Lanka and Zimbabwe face off in the first of a two-match ODI series at Harare Sports Club on Friday, August 29, 2025.
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Faysal Bank reports 28% decline in second quarter profit
Karachi, August 28, 2025 – Faysal Bank Limited has reported a 28% year-on-year (YoY) decline in net profit for the second quarter ending June 30, 2025, reflecting the impact of rising costs and economic pressures on the banking sector.
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UBL issues notice to former Silkbank account holders
Karachi, August 28, 2025 – United Bank Limited (UBL) has issued an important advisory for former Silkbank account holders, outlining key updates regarding their banking services following the merger of Silkbank with UBL.
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UAE name squad for tri-series against Pakistan and Afghanistan
Dubai, August 27, 2025 – The United Arab Emirates (UAE) has officially announced its 15-member squad for the much-anticipated T20I tri-series against Pakistan and Afghanistan, scheduled to begin on August 29, 2025.
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SECP wraps up talks on private fund regulations
Islamabad, August 27, 2025 – The Securities and Exchange Commission of Pakistan (SECP) has successfully concluded a comprehensive round of stakeholder consultations on the proposed amendments to the Private Fund Regulations, 2015.
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SBP Updates KIBOR Rates for August 27, 2025
Karachi, August 27, 2025 – The State Bank of Pakistan (SBP) has issued updated Karachi Interbank Offered Rates (KIBOR) for Wednesday, August 27, 2025. These benchmark rates are essential for interbank lending and are widely referenced by banks, corporate borrowers, and financial institutions in determining short-term lending costs.
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KSE-100 index sheds 941 points amid flood warnings
Karachi, August 27, 2025 – The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) on Wednesday lost 941 points amid cautious warnings of high flood risks.
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PKR vs USD: rupee strengthens by 3 paisas in interbank
Karachi, August 27, 2025 – The Pakistani rupee posted a modest gain against the US dollar on Wednesday, appreciating by three paisas in the interbank foreign exchange market.
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SBP Customer Exchange Rates for August 27, 2025
Karachi, August 27, 2025 – The State Bank of Pakistan (SBP) released the official customer exchange rates for Wednesday, providing the latest indicative currency values across major foreign currencies. According to the SBP, these figures represent weighted average customer exchange rates compiled from commercial banks.
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GWM Cannon Alpha Recalled Over Power Steering Safety Defect
Great Wall Motors (GWM) Australia has announced an urgent recall for its popular Cannon Alpha ute, citing a critical electric power steering issue.
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