The Pakistani rupee (PKR) revered its 2-day losing streak to close current week with small gains against the US Dollar… Read More
Fatima Fertilizer Decides to Acquire Shares, Financial Instruments of Agritech Limited
Fatima Fertilizer Company Limited (PSX: FATIMA) has decided to attempt to acquire ordinary shares, convertible preference shares, non-convertible preference shares,… Read More
Bolan Castings Limited Halts Production Until Further Notice
Bolan Castings Limited (PSX: BCL) has halted production effective August 26 (Monday), until further notice. “Due to the drastic drop… Read More
BlueEx Considers Buying Business Operations of An E-Commerce Company
BlueEx (PSX: GEMBLUEX) is considering the acquisition of the E-commerce business of an E-com sector company. “Blue-Ex (“the Company”) is… Read More
Finance Minister Emphasizes Pak-Turkey Collaboration in Aviation Sector
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held a meeting with Mehmat T. Nane, Chairperson of Pegasus Airlines,… Read More
President Asif Ali Zardari Confirms FTO’s Landmark Order Against Illegal Tax Recovery By FBR
President Asif Zardari has confirmed a landmark order issued by Federal Tax Ombudsman (FTO) Dr. Asif Jah, who has taken… Read More
PTCL Appoints Azfar Manzoor as Chairman
Pakistan Telecommunication Company Limited (PTCL) has appointed Azfar Manzoor as the new Chairman of the company. “We have to inform… Read More
PTA Warns Severe Telecom Disruption Likely If LDI Licenses Aren’t Renewed
Pakistan Telecommunication Authority (PTA) has warned of a looming crisis in Pakistan’s telecom sector due to the potential non-renewal of… Read More
Govt to Shut down Utility Stores Corporation
The federal government has decided to shut down Utility Stores Corporation (USC) as it tries to get out of non-essential… Read More
Here’s How Much Interest Pakistan Was Charged on the 2023 IMF Loan
Pakistan has so far paid $2.4 billion interest on loans received from the International Monetary Fund (IMF), Finance Division officials… Read More
VALT Finance Secures Grant from Silicon Valley-Based University
VALT Finance, a promising fintech startup focused on democratizing gold and cryptocurrency investing, has recently made headlines by securing an… Read More
Pakistan Seeks $4 Billion Loan From Middle Eastern Banks to Unlock New IMF Bailout
Pakistan is in advanced talks with Middle Eastern banks to secure $4 billion in loans to meet its external financing… Read More
