Petrol pump owners on Wednesday suspended their nationwide strike after a positive round of negotiations with the federal government. The… Read More
Pakistan to Launch Secure Mobile Network for Govt Officials
The Ministry of Information Technology and Telecommunication (MoITT) has decided to launch the Pak Awaaz Secure Mobile Communication Ecosystem project… Read More
PKR Recovers Sharply Against Popular Currencies
The Pakistani rupee (PKR) closed in green against the US Dollar (USD) for the 203rd consecutive day on Wednesday. The… Read More
Oil Now Above $95 per Barrel
Oil prices climbed above $95 per barrel on Wednesday after renewed tensions between the United States and Iran created panic… Read More
S&P Global Upgrades Pakistan’s Credit Rating After 9 Years
Pakistan has secured a sovereign credit rating upgrade from S&P Global Ratings, which raised the country’s long-term foreign and local… Read More
Mughal Iron Clears Rs. 2.5 Billion Sukuk in Full
Mughal Iron & Steel Industries Limited (PSX: MUGHAL) has fully redeemed its privately placed Sukuk-V worth Rs. 2.5 billion, including… Read More
IPAK to Buy New Packaging Machine for Rs. 1.4 Billion
International Packaging Films Limited (PSX: IPAK) has approved a Rs. 1.4 billion investment to expand its production of premium packaging… Read More
Sakrand Sugar Officially Completes 25% Stake Sale
Sakrand Sugar Mills Limited (PSX: SKRS) has completed the transfer of a 25 percent ownership stake to new investors, achieving… Read More
Gold Nears Rs. 4.4 Lac in Pakistan Again
Gold prices rose 4th day in a row in Pakistan on Wednesday, while international rates also recorded another increase. According… Read More
UBL Profit Rises 33% in 1H As Deposits Hit Record Rs. 6.1 Trillion
United Bank Limited (PSX: UBL) reported a consolidated profit after tax (PAT) of Rs. 85.9 billion (EPS: Rs. 34.3) in… Read More
Govt Invites Samsung to Export Smartphones Made in Pakistan
The federal government has invited Samsung to use Pakistan as a manufacturing and export base for smartphones to ship locally… Read More
Pakistan Telcos Increased Mobile Package Prices by 33%
Pakistan’s leading mobile network operators, including Jazz, Zong, Ufone, and Telenor, have increased the prices of several call and data… Read More
