Pakistan State Oil Company Limited(PSO) has announced that the company has acquired 10.5 million shares from “the Shell Petroleum Company… Read More
Moody’s Stable Outlook for Pakistan is Recognition of Tough Decisions Taken Until Now: SBP
Governor State Bank of Pakistan (SBP), Reza Baqir, has welcomed Moody’s change in outlook on Pakistan from negative to stable.… Read More
SECP Issues Revised Anti-Money Laundering Guidelines for Non-Profits
The Securities and Exchange Commission of Pakistan (SECP) has issued revised and more elaborate Anti Money Laundering and Counter Financial… Read More
Egyptian Company To Build Low Cost Housing Units For Slum Dwellers
An Egyptian company has offered to provide financial and technical assistance to Pakistan for building housing units in the federal… Read More
Malik Riaz Agrees to Hand Over Assets Worth £190 Million
Pakistani biggest business tycoon, Malik Riaz, has agreed to hand over cash and assets worth £190 million to UK investigators.… Read More
HSBC to Move Assets Worth $20 Billion From Paper to Blockchain
HSBC, one of the largest banking and financial services organizations in the world, is aiming to shift $20 billion worth… Read More
Pakistan Manages to Pay Back $1 Billion Bonds Issued by Previous Govt
Pakistan has paid back around $1 billion on maturity of five-year international Sukuk, reported a local english newspaper. This update… Read More
PSX Surges Past 40,000 Points For the First Time in 10 Months
Pakistan Stock market started the week with a bullish momentum as the market surged above 40,000 points after almost 10… Read More
Moody’s Changes Pakistan’s Outlook from Negative to Stable
Moody’s Investors Service has changed the outlook for Pakistan from negative to stable after improvements because of the IMF program… Read More
Pakistan Seeks Qatari Investments to Modernize Airports: Report
A number of Qatari companies have shown a keen interest in making huge investments in different promising sectors of the… Read More
Trade Deficit Declines for the Fifth Straight Month, Lowest Since Feb 2016
Pakistan’s trade deficit has continued to improve in November 2019 as it was recorded at $1.795 billion showing a decline… Read More
Pakistan is Planning Yuan Based Panda Bonds in 2020: Report
Pakistan is planning to launch its first Chinese yuan-denominated bond, also known as Panda bond, in the first quarter of… Read More
