The State Bank of Pakistan (SBP) announced on Monday that it has decreased the interest rate by 250 basis points… Read More
MSCI Likely to Add 4 More PSX Companies to its Indices in November
MSCI is scheduled to announce its November 2024 Index review on November 06, 2024, to add four more PSX companies… Read More
Govt Proposes Amendments to SBP Act to Legalize Digital Currencies in Pakistan
The federal government has proposed legalizing digital currencies in the country by making amendments to the State Bank of Pakistan… Read More
Pakistan, Germany Ink €20 Million Agreement for Phase II of Billion Tree Project
The Federal Republic of Germany will provide €20 million for the second phase of the Billion Tree Afforestation Support Project… Read More
CM Maryam Suggests Her Father to Buy and Rebrand PIA as Air Punjab
Chief Minister of Punjab Maryam Nawaz has sought her father Nawaz Sharif’s assistance in saving the national flag carrier from… Read More
Pakistan’s Growth Outlook Positive But Financing Needs, Inflation Pose Big Risks: IMF
Economies in the Middle East and North Africa (MENA) region and Pakistan face a fragile recovery amid global geoeconomic fragmentation,… Read More
SBP Issues Pilot Approval for EMI Operations to UAE Based FX Payment System
The State Bank of Pakistan has approved the pilot operations of Hubpay (Private) Limited as an Electronic Money Institution (EMI)… Read More
Rupee Reverses 4-Day Losing Streak Against US Dollar to End Tough Week
The Pakistani rupee (PKR) posted gains to end its 4-day losing streak against the US Dollar (USD) today after opening… Read More
Agriculture Committee Fixes Crop Production Target for Rabi Season FY25
Federal Committee on Agriculture (FCA) has fixed crop production targets for Rabi 2024-25. FCA’s meeting for Rabi Season (2024-25) has… Read More
UBL Submits Offer to Merge With Silkbank
United Bank Limited (PSX: UBL) has submitted an offer to Silkbank Limited (PSX: SILK) for the amalgamation of Silkbank with… Read More
Telenor Pakistan’s Revenue Increased by 6.7% to Rs. 30.11 Billion in Q3 2024
Telenor Pakistan posted revenue growth of 6.7 percent on a year-on-year basis during the third quarter of 2024, taking the… Read More
Govt Posts Highest Ever Petroleum Levy Collection for First Quarter of Any Fiscal Year
The federal government has managed to collect the highest-ever petroleum development levy (PDL) in the first quarter of any fiscal… Read More
