The Pakistani Rupee fell by one paisa against the US Dollar to close at 170.81 today. Yesterday, the local currency… Read More
Exporters Reject Govt’s Proposal to Ban Agricultural Exports
Exporters have rejected the government’s proposal to ban the export of fruits and vegetables, arguing that the move will significantly… Read More
Faysal Bank Clarifies Ownership Following Parent Company’s Acquisition Announcement
Faysal Bank has clarified that its ultimate beneficial ownership will not change even if its parent entity proceeds with a… Read More
Summit Bank Agrees to Sell 51% Shares to UAE Investor
Summit Bank has agreed to sell at least 51 percent of its voting shares to a UAE-based investor at Rs.… Read More
Chinese Companies Are Now Afraid of Investing in CPEC
Chinese companies are reluctant to engage in the second phase of the China-Pakistan Economic Corridor due to the Pakistani government’s… Read More
Sidekick Aims to Assist Pakistani Startups Grow [Exclusive]
Pakistan’s startup sector has had record inflows of more than $300 million this year, with a number of high-profile funding… Read More
FBR to Announce Prizes of upto Rs. 1 Million for Customers of Tier-1 Retailers
The Federal Board of Revenue may announce prizes of up to Rs. 1 million for customers of integrated Tier-1 retailers,… Read More
Rupee Slides Further to a New Record Low Against the US Dollar
The Pakistani Rupee slid to a new low against the US Dollar today. It depreciated by 32 paisas against the… Read More
Trade Deficit Swells by Over 100% YoY in July-September 2021
Amid the ongoing surge in its imports, Pakistan’s trade deficit widened by 100.6 percent year-over-year (YoY) in the first quarter… Read More
Pakistan’s Real Estate Market Remains Significantly Unregulated: Report
Pakistan’s real estate players are still making a considerable number of unofficial transactions despite the government’s efforts to regulate the… Read More
Pandora Papers Expose 700 Pakistani Politicians & Business Tycoons
The International Consortium of Investigative Journalists (ICIJ) published research on Sunday that exposed the politicians and billionaires who used offshore… Read More
Pakistan’s Oil Marketing Company Sales Grew 26% YoY in September
The sales of Pakistan’s oil marketing companies (OMCs) are estimated to have grown by 26 percent year-over-year (YoY) to 1.93… Read More
