The Pakistani rupee (PKR) posted small losses 4th day in a row against the US Dollar (USD) today after opening… Read More
Wafi Energy Becomes Majority Shareholder of Shell Pakistan Limited
Wafi Energy Holding Limited (Wafi Energy) becomes the majority shareholder of Shell Pakistan Limited (SPL) after The Shell Petroleum Company… Read More
Only 22% CSR Funds of Petroleum Companies Used for Social Welfare
The National Assembly Standing Committee on Energy on Thursday was informed that just 22 percent of the corporate social responsibility… Read More
Germany Asks Army Chief General Asim Munir to Help With IPP Settlement
German envoy Alfred Grannas has asked Chief of Army Staff General Asim Munir to help renegotiate contract termination for Siemens,… Read More
Saudi Arabia to Invest Additional $600 Million in Pakistan
The Kingdom of Saudi Arabia on Wednesday announced to add another $600 million to its recently announced $2.2 billion investment… Read More
Ishaq Dar Wants to Bring Dollar at Rs. 235
Deputy Prime Minister and Foreign Minister Ishaq Dar has strongly voiced his feelings against supporters of a free-floating exchange rate… Read More
FBR Strongly Opposes KP Govt’s 2% Development Cess on Export Consignments
The Federal Board of Revenue (FBR) has strongly opposed the imposition of a 2 percent Infrastructure Development Cess (IDC) by… Read More
SBP Adopts AAOIFI Shariah Standards For Islamic Banking
The State Bank of Pakistan (SBP) has adopted Accounting and Auditing Organization for Islamic Financial Institutions’ (AAOIFI) Shariah Standards for… Read More
ADB Approves $500 Million Loan to Support Climate Resilience in Pakistan
The Asian Development Bank (ADB) has approved a $500 million policy-based loan to support climate change and disaster risk reduction… Read More
Pakistan Borrowed 63% Fewer Loans Compared to Last Year
The country borrowed $1.308 billion from multiple financing sources during the first quarter (July-September) of the current fiscal year 2024-25… Read More
Elphinstone Acquires Trikl to Drive WealthTech Innovation in Pakistan
Y Combinator-backed investment platform Elphinstone has announced its acquisition of Trikl, a Pakistan-based WealthTech startup backed by Orbit Startups. The… Read More
Pakistani Developers Earn Lowest Annual Salaries Globally
Full-time employed professional developers in Pakistan earn some of the lowest salaries globally, ranging from $2,000 to $12,000 annually, falling… Read More
