Despite closing the year just shy of the all-time high mark, the price of gold in Pakistan maintained a consistent… Read More
Cherat Packaging Receives Payment for Sale of Papersack Production Line
Cherat Packaging Limited (PSX: CPPL) Tuesday announced the successful completion of the sale of its Papersack Production Line IV. In… Read More
Senate IT Committee to Convene on January 2 to Address Internet and VPN Issues
The Chairman of the Standing Committee on Information Technology Syed Aminul Haque has scheduled a meeting on January 2, 2025,… Read More
Jazz to Begin Transition to Digital ServiceCo Model on January 1, 2025: Aamir Ibrahim
CEO Jazz, Aamir Ibrahim, has said that Jazz is set to officially begin the transition to the Digital ServiceCo model… Read More
UBL Arranges $300 Million Loan for Pakistan
United Bank Limited (UBL) has arranged and financed a USD 300 million short-term loan for the Government of Pakistan through… Read More
Ruby Textile Struggles to Resume Operations Due to Economic Distress, LC Issues
Ruby Textile Mills Limited (PSX: RUBY) on Tuesday informed the main bourse that management is keenly working on the foremost… Read More
Finance Minister, SBP Governor Strategize on Boosting Remittances for Economic Growth
Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb held a meeting today with Jameel Ahmad, Governor of the State… Read More
Weather Department Predicts Week-Long Spell of Rain and Snowfall
Met Office predicted that after a long dry period, a frontal weather system is likely to enter western parts of… Read More
These Were the Top Performing PSX Stocks in 2024
The benchmark KSE 100 Index jumped 85 percent in Rupee terms (87 percent in USD) in 2024, with only one… Read More
President of Pakistan Approves Higher Bank Tax to Help FBR Collect Rs. 70 Billion
The President of Pakistan promulgated the Income Tax (Amendment) Ordinance 2024 to revise the tax rate structure for banks under… Read More
Privatization of 3 Electricity Companies to Be Finalized by End of Fiscal Year
The federal government has tasked a Financial Advisor (FA) with expediting the privatization transaction of three major power distribution companies… Read More
Cabinet Approves Sale of 15% Reko Diq Stake to Saudi Arabia for $540 Million
The federal cabinet has approved the sale of a 15 percent stake in the Reko Diq copper-gold mining project to… Read More
