Pakistan’s chances of defaulting on its debt have cooled off in the past few sessions, with the cost of ‘insuring’… Read More
President Dr. Arif Alvi Signs Foreign Investment Promotion and Protection Bill of 2022
President Dr. Arif Alvi signed the Foreign Investment (Promotion and Protection) Bill, 2022 on Tuesday. The bill provides investment/tax incentives… Read More
US Dollar Rises 7th Day in a Row Against PKR Despite ADB News
The Pakistani Rupee (PKR) stooped further against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
Govt Finalizes Refinery Upgradation Policy with 10 Percent Protective Tariff
The government has finalized the draft policy for upgrading the local refinery backdrop with which a 10 percent protective tariff… Read More
Attock Refinery Closes Plant Due to Low Furnace Oil Demand
Attock Refinery Limited (PSX: ATRL) is temporarily shutting down its main distillation unit for eight days. According to a stock… Read More
You Can Now Invest in Pakistan’s Real Estate With As Little as Rs. 10
A major shift in Pakistan’s real estate market is expected after the country’s first Development Real Estate Investment Trust (REIT)… Read More
UAE Investor to Acquire 3.98 Billion Shares of Summit Bank
Prominent UAE investor Nasser Abdulla Hussain Lootah, the Chairman of Nasser Abdulla Lootah Group and a major shareholder of Summit… Read More
Rupee Loses 6th Day in a Row as US Dollar Black Market Gets Out of Control
The Pakistani Rupee (PKR) fell further against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
Google Delegation Arrives in Pakistan
A delegation of American tech giant Google has arrived in Pakistan and will meet Federal Minister for IT and Telecommunication… Read More
Annoyed IT Minister Says It Takes ’15 Days A Month’ to Explain Things to FBR and SBP
The Federal Board of Revenue (FBR) and the State Bank of Pakistan (SBP) are making it difficult for Pakistan’s technology… Read More
FIA Seals 4 Currency Markets in Khyber Pakhtunkhwa
The Federal Investigation Agency (FIA) has sealed four currency markets in Khyber Pakhtunkhwa’s biggest currency market in an attempt to… Read More
Study Shows Sectors With Political Exposure Have Managed to Escape Trade Policies
Businesses in Pakistan have taken significant advantage of political influence through entities such as trade associations, parliamentarians, their business interests,… Read More
