Federal Finance and Revenue Minister Muhammad Aurangzeb has reiterated the government’s resolve to carry on with broad-based reforms on taxation,… Read More
Chinese Corporation to Provide $1 Billion to Upgrade Pakistan Refinery Ltd
A Chinese investment company has decided to invest $1 billion in Pakistan Refinery Limited (PRL) to upgrade its production facilities.… Read More
Govt Repays Loan of Rs. 92 Billion to Local Banks
The federal government has paid back over Rs. 92 billion to local banks in the current fiscal year after amassing… Read More
Rupee Down 3rd Day in a Row Against US Dollar, Stays At 277
The Pakistani rupee (PKR) posted losses third day in a row against the US Dollar (USD) after opening trade at… Read More
Abhi Secures $15 Million Financing for Further Expansion in UAE
Pakistani fintech Abhi has secured $15 million in credit financing through a credit facility led by Shorooq Partners and Amplify… Read More
PM Shehbaz Suggests Common Currency Between SCO Countries
Prime Minister Shehbaz Sharif has proposed a common currency for members of the Shanghai Cooperation Organization (SCO). In his address… Read More
Cash in Circulation Rises By Rs. 214.5 Billion in A Week
Cash holdings in Pakistan have recorded a substantial increase of Rs. 214.5 billion in the week that ended on 4… Read More
Consortium Acquires 83.96% Stake in Calcorp Limited
A consortium has acquired an 83.96 percent stake in Calcorp Limited (PSX: CASH), the company informed the main bourse on… Read More
Pakistani Bond Market Set for First Inflow in 5 Years Due to Stable Rupee, High Yields
The local debt market is headed for its first annual inflow in five years due to high yields and a… Read More
Neem Launches Shariah-Compliant Earned Wage Access for Salaried Class
In a country where economic challenges often push the salaried class, particularly the frontline workforce, into cycles of debt, Neem… Read More
Banking Mohtasib Provides Relief of Rs. 1 Billion to Banking Customers in 9 Months
A monetary relief of over Rs. 1.06 billion has been provided to banking customers during the first nine months (January… Read More
NBP Divests Entire Stake in Agritech Limited
National Bank of Pakistan (PSX: NBP) has divested its stake in Agritech Limited (PSX: AGL). “National Bank of Pakistan (NBP)… Read More
