Karachi, December 24, 2025 — The Institute of Cost and Management Accountants of Pakistan (ICMAP) has unveiled a comprehensive and action-driven strategic roadmap aimed at converting the International Monetary Fund’s (IMF) governance diagnostics into practical reforms.
(more…)Author: Faisal Shahnawaz
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SBP Issues Updated Daily KIBOR Rates for December 24, 2025
Karachi, December 24, 2025 – The State Bank of Pakistan (SBP) on Wednesday released the latest Karachi Interbank Offered Rates (KIBOR), providing an important benchmark for banks, businesses, and consumers across the country. KIBOR rates are widely used to price loans, mortgages, and other financial products, making their daily update a key indicator of prevailing money market conditions.
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KSE-100 Index slides 243 points as volatility grips PSX
Karachi, December 24, 2025 – The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) closed lower on Wednesday, shedding 243 points amid heightened volatility and cautious investor sentiment.
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Nissan Juke EV to Share Leaf Platform, Production Set for 2026
Nissan is preparing to electrify one of its most recognisable compact crossovers, with the first-ever Nissan Juke EV confirmed to share its core architecture with the next-generation Nissan Leaf.
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Hyundai Teases Staria EV Ahead of January Reveal
Hyundai has offered the first official hint of what could become its largest electric vehicle to date, teasing a new EV ahead of a likely full reveal at the 2026 Brussels Motor Show in Belgium.
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Hyundai Pakistan Increases Porter Price from January 2026
Hyundai Nishat Motor (Private) Limited has officially confirmed a price increase for the Hyundai Porter H-100, effective January 5, 2026.
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SBP releases today’s interbank currency rates – December 24, 2025
Karachi, December 24, 2025 – The State Bank of Pakistan (SBP) on Wednesday released the daily interbank currency exchange rates to provide banking customers and businesses with updated reference rates for foreign exchange transactions. The rates are aimed at ensuring transparency in currency dealings and assisting commercial banks in setting competitive prices for their clients.
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Real Madrid loans Brazilian striker Endrick to Lyon for second half of season
Real Madrid and French Ligue 1 side Lyon have reached an agreement to send Brazilian striker Endrick on loan for the remainder of the 2025-26 season, both clubs confirmed on Tuesday.
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KCCI congratulates Arif Habib consortium on historic PIA acquisition
Karachi, December 24, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) on Wednesday extended its congratulations to the Arif Habib-led consortium for the successful acquisition of Pakistan International Airlines (PIA), describing it as a historic milestone for Pakistan’s aviation sector and the country’s broader economic reform agenda.
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Cristiano Ronaldo buys luxury villas in Saudi Arabia’s Red Sea project
Cristiano Ronaldo, football’s first billionaire, and his fiancée Georgina Rodriguez have reportedly invested in ultra-luxury real estate in Saudi Arabia’s ambitious Red Sea project, British media has revealed.
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