The Economic Affairs Secretary, Noor Ahmed, has been appointed as Pakistan’s new Executive Director (ED) at the Asian Development Bank… Read More
Rupee Drops to Its Lowest Against the US Dollar in 4 Months
The rupee fell to its lowest level in four months against the US Dollar as it breached the level of… Read More
Govt to Issue Domestic and International Ijara Sukuk Worth $3.5 Billion
The government has decided to issue domestic and international Ijara Sukuk worth $3.5 billion against ‘Unencumbered’ assets of the government… Read More
Pakistan’s Largest Meat Company to Export Meat to Malaysia
Pakistan’s largest meat plant, Fauji Meat Limited, has been granted approval by the Government of Malaysia for exports, the Adviser… Read More
Pakistani Rupee Becomes the Worst Currency Against US Dollar in Asia
The Pakistani Rupee (PKR) has crossed the Rs. 157 exchange rate against the US Dollar (USD) for the first time… Read More
KeepTruckin Raises $190 Million in New Funding
KeepTruckin’s investments in advanced AI-powered products and world-class talent fuel the company’s 70 percent annualized growth… Read More
Closure of Engro’s LNG Terminal to be Decided in 3 Days
After taking the opinion of the Law Division, the Cabinet Committee on Energy (CCOE) will decide whether to delay the… Read More
Govt Finally Resolves Issue of Turnover Tax Exemption for SEZs
The Federal Government has exempted Special Economic Zones (SEZs) from minimum turnover tax. The Special Economic Zones (SEZ) Act, 2012,… Read More
Saudi Arabia to Resume Oil Aid Facility to Pakistan
The Kingdom of Saudi Arabia (KSA) has agreed to resume the annual oil aid facility worth nearly $1.5 billion to… Read More
Banks Have Given Out Loans Worth Rs. 30 Billion for Housing Finance
The banking sector of Pakistan has approved loans worth Rs. 30 billion against applications of approximately Rs. 90 billion under… Read More
Pakistan Hopes to Solve Tariff Issue With New Proposals to IMF and WB
The Power Division will submit a new Circular Debt Management Plan (CDMP) to the International Monetary Fund (IMF) and the… Read More
Pakistani Rupee Makes Huge Gains Against All Major Currencies
The Pakistani Rupee (PKR) reversed its losing streak against the US Dollar (USD) on Thursday after posting back-to-back losses earlier… Read More
