The Pakistani rupee (PKR) gained big ground against the US Dollar today after opening trade at 278 in the interbank… Read More
PSX Approves Listing of Atlas Islamic Cash Fund
Pakistan Stock Exchange (PSX) has approved the listing of Atlas Islamic Cash Fund with effect from Friday, July 19, 2024.… Read More
Here Is How Govt Will Spend on Development Projects This Fiscal Year
The Finance Division has issued a strategy for the release of funds for the development budget for the financial year… Read More
Masood Textile Mills to Raise Rs. 3 Billion Funds Through Sukuk
Masood Textile Mills Limited (PSX: MSOT) has decided to raise Rs. 3 billion by issuing a Sukuk, the company informed… Read More
Sapphire Fibres Ltd And Its Partner Acquire 2 Power Companies in UAE, Netherlands
Sapphire Fibres Limited (PSX: SFL) has entered agreements to make some major acquisitions in the UAE and Netherlands. The company… Read More
Bitcoin Shoots Above $60,000 After Donald Trump Survives Assassination Attempt
The price of Bitcoin soared past $60,000 per coin in the past few hours following a shooting attempt at former… Read More
PSX Inducts Meezan Bank As First Market Maker for Govt-Issued ljarah Sukuk
Pakistan Stock Exchange (PSX) announced the induction of Meezan Bank as the first market maker for CDS-eligible Government of Pakistan… Read More
Issue of $800 Million Pending Dues From Etisalat to be Resolved by November: Secretary Privatization
Ministry of Privatization Secretary Jawad Paul told the Senate Committee on Privatization on Friday that the issue of pending receivables… Read More
IMF and Pakistan to Continue Discussions on Policy Goals and Actions For New Loan Program
The International Monetary Fund (IMF) will continue to discuss policy goals and actions that could form the basis of a… Read More
IMF Staff Level Agreement Likely This Month: Finance Minister Aurangzeb
Finance Minister Muhammad Aurangzeb on Thursday told the National Assembly Standing Committee on Finance and Revenue that a staff-level agreement… Read More
IMF Wants Pakistan to Impose Up to 45% Tax On Agricultural Income For New Bailout
The International Monetary Fund (IMF) has proposed a new standard individual income tax rate of up to 45 percent on… Read More
MCB Bank, PITB and Mastercard to Collaborate on PayZen For Digital Payments in Pakistan
MCB Bank Limited has entered into a strategic partnership with the Punjab Information Technology Board (PITB) and Mastercard Asia/Pacific Pte.… Read More
