Pakistani-American and an alumnus of Lahore University of Management Sciences (LUMS), Dr. Muneeb Ali, announced on Twitter that he has… Read More
SBP Reserves Plummet by $463 Million Due to External Debt Repayments
Foreign reserves held by the State Bank of Pakistan (SBP) witnessed a substantial outflow of $463 million in the fourth… Read More
Saudi Oil Facility of $1.2 billion to be Operationalized Soon
The Saudi oil facility for Pakistan, worth $1.2 billion, will soon be operationalized for the import of petroleum products. Ambassador… Read More
Modi Could Visit Pakistan Soon: Chairman Nishat Group
Business tycoon and Chairman of Nishat Group Mian Muhammad Mansha has claimed that Indian Prime Minister Narendra Modi could visit… Read More
Rupee Gains Big Against the US Dollar After IMF Announcement
The Pakistani Rupee (PKR) is maintaining its impressive run against the US Dollar (USD) and posted gains in the interbank… Read More
IT Ministry Issues New Policy Directives For Renewal of Cellular Mobile Licenses
The Ministry of Information Technology and Telecommunication has issued new policy directives for the renewal of Pakistan Mobile Communications Limited… Read More
PM’s China Visit is Important for Pakistan: Finance Minister
According to the Federal Minister for Finance and Revenue, Shaukat Tarin, the prime minister’s visit to China is very important… Read More
Cement Sales Plummet 16.58% in January
Cement sales decreased by 16.58 percent to 3.95 million tons in January 2022 as opposed to 4.73 million tons in… Read More
Pakistan Eyes an End to IMF Bailouts by Issuing $1 Billion Eurobond
Pakistan intends to discard its ‘begging bowl’ image from the International Monetary Fund (IMF) by issuing an ESG-compliant $1 billion… Read More
IMF Finally Approves 6th Tranche of Loan Program for Pakistan
According to the Federal Minister for Finance and Revenue, Shaukat Tarin, the Executive Board of the International Monetary Fund (IMF)… Read More
Rupee Looks Directionless Despite 5 Straight Days of Gains Against the US Dollar
The Pakistani Rupee (PKR) is maintaining its positive run against the US Dollar (USD) and posted gains in the interbank… Read More
OCAC Demands SBP to Improve Oil Trade Financing Facilities
The Oil Companies Advisory Council (OCAC) has demanded that the State Bank of Pakistan (SBP) improve the trade financing facilities… Read More
