Foreign companies’ repatriation of profits and dividends rose to $163.7 million in September 2023, up by 448 percent from $29.9… Read More
Pakistan Seeks A $1 Billion Oil Facility From Saudi Arabia in 2024
Pakistan has formally asked for a $1 billion oil facility from the Kingdom of Saudi Arabia (KSA) on a deferred… Read More
President Directs DG Customs to Investigate Underhand Auction of Vehicle
The President of Pakistan has directed the Director General of Intelligence and Investigation-Customs, FBR Islamabad to investigate the underhand auction… Read More
IMF Mission to Visit Pakistan Next Week
The International Monetary Fund (IMF) mission will visit Pakistan on November 2, 2023, for the economic review of the $3… Read More
SBP Slaps Penalties of Rs. 83 Million on Four Banks Over Regulatory Violations
The State Bank of Pakistan (SBP) has slapped penalties of Rs. 83.14 million on four commercial banks due to violation… Read More
ADB Approves Technical Assistance of $2 Million for Preparing Sindh Coastal Resilience Project
The Asian Development Bank (ADB) has approved technical assistance of worth $2 million for “Preparing the Sindh Coastal Resilience Sector… Read More
Govt Allows Kinnow Export from November 15
The federal government, on the request of the Fruit and Vegetables Exporter Association, has allowed the export of Kinnow from… Read More
Gold Price in Pakistan Falls But Still Above Rs. 209,000 Per Tola
The price of gold in Pakistan fell slightly on Tuesday but remained above Rs. 209,000 per tola. According to the… Read More
Govt Increases RLNG Prices for Sui Companies for October
The Oil and Gas Regulatory Authority (OGRA) Tuesday notified prices of re-gasified liquefied natural gas (RLNG) for both the Sui… Read More
Engro Corp’s Profit Up 61% to Rs. 22.4 Billion in Q3 2023
Engro Corporation Limited (PSX: ENGRO) reported a consolidated profit of Rs. 22.39 billion, up 61.1 percent year-on-year (YoY) in 3QCY23.… Read More
Pakistan’s Rich Own Offshore Assets Worth $19.2 Billion
Pakistanis own $19.2 billion in offshore wealth, with $10 billion of it invested in Dubai’s property. Compared to 2021, foreign… Read More
More Than 70% of Female Pakistani Engineers Are Not Working: Survey
Analysis of the labor force survey 2020-21 reveals that approximately 70 percent of female engineering graduates residing in the country… Read More
