MCB Bank Limited (PSX: MCB) has received approval of the Lahore High Court for the Scheme of Compromises, Arrangements and… Read More
Saudi Oil Company Successfully Buys Stake in Shell Pakistan
Wafi Energy Holding Limited has successfully concluded the purchase of an 11.29 percent stake in Shell Pakistan Limited (SPL), manager… Read More
Rupee Down 2nd Day in a Row Against US Dollar
The Pakistani rupee (PKR) posted small losses against the US Dollar (USD) after opening trade at 278 in the interbank… Read More
Pakistan’s Central Govt Debt Crosses Rs. 70 Trillion in August 2024
The total public debt stock of the federal government increased by 10 percent on a year-on-year (YoY) basis in August… Read More
Dawood Lawrencepur Concludes Reon Energy Sale to Dubai-Based Company
Dawood Lawrencepur Limited (PSX: DLL) has transferred its entire shareholding in Reon Energy Limited (REL) to Juniper International FZ LLC,… Read More
SBP Increases SME Financing Limits Up to Rs. 500 Million
The State Bank of Pakistan (SBP) has enhanced the financing limits for Small and Medium Enterprises (SMEs) up to Rs.… Read More
SBP Enhances Regulatory Retail Portfolio Limit to Rs. 300 Million
The State Bank of Pakistan (SBP) has enhanced the regulatory retail portfolio limit to Rs. 300 million. “It has been… Read More
SNGPL Awards Rs. 2.74 Billion Pipeline Contract to Crescent Steel
Sui Northern Gas Company Limited (PSX: SNGP) has awarded a contract to Crescent Steel and Allied Products Limited (PSX: CSAP)… Read More
Pakistan to Discuss $11.7 Billion Refinery Projects With Saudi Investors This Week
Pakistan will push forward two major refinery projects during the Saudi delegation’s visit from October 9-11. Pakistan State Oil (PSO)… Read More
MoneyGram Hit by Cyberattack, Sensitive Customer Data Stolen
MoneyGram has confirmed that hackers breached the money transfer giant’s system and stole sensitive customer data and transaction information during… Read More
China’s Solar Sector Faces Early 2024 Hurdles, Yet Industry Leaders Adapt with Strategic Innovations
The first quarter half of 2024 has proven to be a critical period for China’s solar industry according to financial… Read More
PSO Seeks Freedom From Govt to Compete Against International Oil Companies
Pakistan State Oil (PSO) wants more freedom from the federal government to compete against international oil marketing companies (OMCs) that… Read More
