The foreign exchange reserves held by the State Bank of Pakistan (SBP) rose by $243 million on a weekly basis… Read More
PM Urges Saudi Arabia’s Al-Jomaih Group to Invest in Pakistan’s Alternative Energy Sector
Caretaker Prime Minister Anwaar-ul-Haq Kakar Thursday urged Saudi Arabia’s Al-Jomaih Group to invest in Pakistan’s alternative energy sector. The prime… Read More
Experts Expect Policy Rate to Remain Unchanged in Upcoming MPC Meeting
The majority of participants of a survey conducted by a brokerage house expect the policy rate to remain unchanged in… Read More
Tariq Glass Vows to Complete Glass Facility Project With LCI Despite Delay
Tariq Glass Industries Limited (PSX: TGL) informed the main bourse on Thursday that it has struggled with the float glass manufacturing… Read More
Experts Urge Govt to Navigate Clear Path for Holistic Shift to Renewable Energy
Experts at a roundtable opined that amid growing inflation and energy demands, the government needs to ensure its course correction… Read More
SIFC Will Help Next Govt Develop the Country: IT Minister
Caretaker Federal Minister for Information Technology and Telecommunications, Dr. Umar Saif has said that the presence of the Special Investment… Read More
Pak Rupee Halts Win Streak Against USD After Below-Par Bond Auction Dulls Market
The Pakistani rupee halted its winning streak against the US Dollar today after opening trade at 280 in the interbank… Read More
FFBL Profit Down By 48% in 2023 Amid High Taxes
Fauji Fertilizer Bin Qasim Limited (PSX: FFBL) has announced its financial results for the calendar year that ended on December… Read More
Govt to Increase Paid-up Capital of State Life Insurance Corporation
The caretaker federal government has decided to increase the paid-up capital of the State Life Insurance Corporation to avoid a… Read More
Gold Price in Pakistan Falls Despite Increase in International Market
After holding its ground a day earlier, the price of gold in Pakistan stumbled on Thursday to settle at Rs.… Read More
Financial Misery Mounts For PSO As Receivables Cross Rs. 850 Billion
The receivables of state-owned Pakistan State Oil (PSO) have crossed Rs. 850 billion worsening its liquidity crunch. Overall receivables stood… Read More
6-Month KIBOR Drops to Lowest Level Since March 2023
The 6-Month Karachi Inter-Bank Offered Rate (KIBOR), a benchmark for lending to consumers and businesses, fell by 20 basis points… Read More
