The Pakistani Rupee (PKR) has continued its deterioration against the US Dollar (USD) in the currency market for the second… Read More
Pakistan to Set Up Markets Near Iran Border to Improve Trade
Pakistan is setting up three markets in the area bordering Iran to improve bilateral trade, the Adviser to the Prime… Read More
NBP Disburses Collateral Free Loans to Nearly 5,000 Applicants
The National Bank of Pakistan (NBP) has disbursed 5,000 soft loans under the Youth Entrepreneurship Scheme (YES) of the Kamyab… Read More
KE’s Purchase by Chinese Company Delayed Yet Again
The deal between the Chinese Shanghai Electric Power (SEP) and the Abraaj Group (K-Electric) regarding the sale of 66.40 percent… Read More
Rupee Stumbles Against All Major Currencies Following An Increase in REER
The Pakistani Rupee (PKR) lost the upward momentum from Friday and yesterday and once again posted deterioration against the US… Read More
Real Effective Exchange Rate Reached 32-Month High in April 2021
Pakistan’s real effective exchange rate (REER) hit a 32-month high at 103.3 in April 2021. This shows an increase of… Read More
OGRA Grants Gas Marketing License to Shell Energy
Shell Energy Pakistan (Pvt) Limited has been awarded a gas marketing license by the Oil and Gas Regulatory Authority (OGRA),… Read More
Trading App dTrade Raises $6.4 Million in Seed Round
Karachi-based fintech Seed Labs has raised $6.4 million in capital through a seed funding round at a $50 million valuation.… Read More
Govt is Considering a Stimulus Package to Boost Economy
Ministry of Finance is considering a stimulus package to support the economy, Bloomberg reported on Tuesday. Finance Minister, Shaukat Tarin,… Read More
Service Fabrics is Renaming to G3 Technologies Limited
In an extraordinary general meeting on 29 May, the shareholders of Service Fabric Limited approved a change of the name… Read More
Rupee Continues Improvement Against the US Dollar Second Day in a Row
The Pakistani Rupee (PKR) continued with its upward momentum from Friday and posted nominal gains against the US Dollar (USD).… Read More
PM Launches Pakistan’s First Green Eurobond
Prime Minister (PM) Imran Khan formally launched Pakistan’s first Green Eurobond here today (Monday). Also known as ‘Indus Bonds’, have… Read More
