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
PTCL Group Posts 15% YoY Revenue Growth
Pakistan Telecommunication Company Limited (PTCL), the leading telecom and ICT services provider in the country, has announced its financial results… Read More
Kohat Cement Approves Rs. 600 Million Short-Term Financing for Associated Company
The Board of Directors of Kohat Cement Company Limited (PSX: KOHC) has given its approval for the renewal of investment… Read More
FBR Arrests CFOs of Two Textile Companies for Alleged Tax Fraud
In a major development, the Directorate of Intelligence & Investigation-Inland Revenue, Faisalabad has arrested Chief Financial Officers (CFOs) of two… Read More
