The Pakistan Stock Exchange (PSX) rallied to a new all-time high on Thursday, surpassing its previous high of 67,873 seen… Read More
Pak Elektron Ltd to Set Up Commercial Subsidiary in UAE
The Board of Directors of Pak Elektron Limited (PSX: PAEL) has decided to set up a wholly-owned subsidiary in the… Read More
LHC Vacates Stay Order Against Deregulation of Prices of Non-Essential Medicines
Lahore High Court has vacated the order against the deregulation of Maximum Retail Prices (MRPs) of non-essential drugs by pharmaceutical… Read More
Pakistan Needs $120 Billion External Financing in Next 5 Years to Avoid Default
Pakistan needs $120 billion in external financing for the next five years and faces a default-like crisis. The Pakistan Institute… Read More
Rupee Ends 10 Day Win Streak Against US Dollar, Other Currencies
The Pakistani rupee ended its 10-day winning streak against the US Dollar after opening trade at 279 in the interbank… Read More
Pakistani Startups Fail to Raise A Single Dollar in First Quarter of 2024
Pakistani startups failed to raise a single dollar in the first three months of calendar year 2024 amid investors’ cautious… Read More
PSX Hits New All-Time High of 67,800 On PIA News, T-Bill Investment
The Pakistan Stock Exchange (PSX) rallied to a new all-time high on Wednesday, surpassing its previous high of 67,246 seen… Read More
PRL, Air Link Withdraw Bid to Buy 77.4% Stake in Shell Pakistan Ltd
Pakistan Refinery Limited (PSX: PRL) and Air Link Communication Limited (PSX: AIRLINK) have withdrawn their intention to acquire 77.42 percent… Read More
Mills Want to Export Expensive Sugar to Alleviate Market Pressure
The Pakistan Sugar Mills Association (PSMA) has asked the Commerce Ministry to allow the export of expensively produced sugar. In… Read More
Govt Wants PIA Bidders to Be Worth At Least Rs. 30 Billion
The federal government has approved the eligibility criteria for potential buyers of Pakistan International Airlines (PIA) who want to acquire… Read More
Saudi Arabia Likely to Invest $1 Billion in Reko Diq
The Kingdom of Saudi Arabia will likely invest up to $1 billion in the Reko Diq gold and copper mine,… Read More
Rupee is Killing It – But Here’s Why It Could Be Misleading
The Pakistani Rupee (PKR) has been slowly recovering but at a price. The real effective exchange rate (REER) measures the… Read More
