Stay updated on the power outage in Islamabad’s Blue Area and its impact on Nayatel’s data centers. Find out how… Read More
Bank Alfalah Drops 5% Monthly Fee on High Value Accounts
Bank Alfalah Limited (BAFL) had decided to unilaterally withdraw the 5 percent monthly fee on month-end balances of Rs. 5… Read More
Third Consecutive Holiday Announced for Schools and Colleges in Islamabad and Rawalpindi
Authorities have now announced that all public and private educational institutions in Rawalpindi and Islamabad will remain closed for a… Read More
Finance Minister, IASB Vow to Improve Reporting Standards in Pakistan
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held a meeting with a delegation of the International Accounting Standards… Read More
Pumps in Punjab, Islamabad Likely to Run Out of Fuel [Updated]
Pump stations in Punjab, Islamabad and Rawalpindi are likely to run out of fuel and cause a shortage in the… Read More
Rupee Ends 3-Day Win Streak Against Mighty US Dollar Amid Political Uncertainty
The Pakistani rupee (PKR) closed in red ending its 3-day winning streak against the US Dollar (USD) today after opening… Read More
Ghandhara Tyre to Temporarily Suspend Plant Operations
Ghandhara Tyre & Rubber Company Limited (PSX: GTYR) has decided to temporarily suspend plant operations from Wednesday, 27th November 2024,… Read More
Pakistan At Risk of Losing Billions in Road User Revenue Due to EV Adoption: ADB
Over 80 percent of road user revenues in Pakistan are from fuel-based revenues, involving an amount of $5.680 billion that… Read More
Matco Foods to Raise Capital for Investing in Corn Starch Division
The Board of Directors of Matco Foods Limited (PSX: MFL)), in its meeting held on November 25, has accorded its… Read More
Cybercrime Poses Biggest Threat to Pakistani Banks: Survey
A PwC Pakistan survey has determined that 90 percent of bankers think cybercrime is the biggest challenge facing the banking… Read More
SBP Removes Minimum Profit Rate Requirement From These Deposits
The State Bank of Pakistan (SBP) has exempted certain types of deposits from the Minimum Profit Rate requirement specified in… Read More
Islamic Banks to Pay 75% of Gross Yield as Profit on Savings: SBP
The State Bank of Pakistan (SBP) has decided that Islamic Banking Institutions (IBIs) shall pay profit on their PKR saving… Read More
