The Pakistani rupee (PKR) gained further ground and posted gains against the US Dollar today. The Pakistani rupee was initially… Read More
World Chooses to Invest in AI While Political Games and Inflation Hold Pakistan Hostage
The world is embracing OpenAI’s viral Natural Language Processing tool ChatGPT for all the right (maybe wrong) reasons but authorities… Read More
IMF Wants Pakistan to Further Increase Interest Rates to Fight Inflation
The International Monetary Fund (IMF) wants Pakistan to further jack up interest rates to bring down inflation. The lender in… Read More
Rupee Rebounds Against US Dollar But Loses Big Against GBP, Euro
The Pakistani rupee (PKR) reversed losses and posted gains against the US Dollar today. The Pakistani rupee was largely stable… Read More
PSO, Shell and Attock Suffer as Petroleum Sales Take a Massive Dip
Pakistan’s petroleum sales witnessed a significant decline of 46 percent on a year-over-year (YoY) basis and stood at 1.17 million… Read More
Rupee Reverses Gains Against US Dollar, Other Currencies
The Pakistani rupee (PKR) reversed gains and posted losses against the US Dollar today. The Pakistani rupee was largely stable… Read More
Lucky Cement to Buyback 7.59% of its Shares in 2nd Buyback
Lucky Cement Limited (PSX: LUCK) has approved the decision to recommend a second buyback of up to 23.8 million or… Read More
Rupee Ends Week With Marginal Recovery Against US Dollar
The Pakistani rupee (PKR) reversed losses and posted small gains against the US Dollar today. The Pakistani rupee was largely… Read More
UBL Considering Merger with Silkbank
United Bank Limited (UBL) is considering a merger with Silkbank Limited and intends to seek permission from the State Bank… Read More
Attock Cement to Sell its Subsidiary in Iraq for $23.4 Million
Attock Cement Pakistan Limited (PSX: ACPL) has entered into an arrangement for the sale of its investment in a cement… Read More
Profit Repatriation Declines by Over 81% in 9 Months of FY23 Amid Dollar Drought
Foreign company repatriation of dollars fell 81.6 percent during the first nine months of the current fiscal year, mirroring low… Read More
Systems Limited Posts Highest Ever Quarterly Profit of Rs. 3.87 Billion in Q1 2023
Systems Limited (PSX: SYS) announced its financial results for the three months that ended on March 31st, 2023, wherein it… Read More
