The United Arab Emirates (UAE) is exploring the possibility of introducing long-term business licenses, including 10-year golden licenses and five-year… Read More
World Bank Issues Debarment to 2 Pakistani Firms and An Individual For Fraud
The World Bank announced the debarment of the Pakistan-based consultancy company Solutions for Development Support (Pvt.) Ltd. and Community Resilience… Read More
PSX Crosses 67,000 Level For the First Time in History
The Pakistan Stock Exchange (PSX) rallied to a new all-time high on Thursday, surpassing its previous high of 66,547 on… Read More
Finance Ministry Finalizes Deal With Banks For Re-Profiling PIA Debt
The Finance Ministry has finalized the term sheet for re-profiling the debt of Pakistan International Airlines (PIA) with commercial banks,… Read More
Pakistan Railways: Get Rid of It After PIA Sale
The future of Pakistan Railways is dead and should be next in line for privatization after Pakistan International Airlines (PIA).… Read More
Govt Wants to Impose Rs. 30 Per Liter Tax on Petroleum Products in Budget 2024-25
A Carbon Tax is on the cards in the upcoming federal budget 2024-25 as the government considers ways to tackle… Read More
Maple Leaf Acquires 6 Million Shares in Agritech Ltd
Maple Leaf Cement Factory Limited (PSX: MLCF) has acquired 6 million voting shares of Agritech Limited (AGL), the cement maker… Read More
Newly Formed PIA Holding Company Approves Restructuring of Rs. 268 Billion Debt
The newly formed holding company responsible for the privatization of Pakistan International Airlines (PIA) has approved the restructuring of the… Read More
Rupee Appreciates 6th Day in a Row With Small Gains Against US Dollar
The Pakistani rupee gained some ground against the US Dollar after opening trade at 278 in the interbank market. It… Read More
PSX Skyrockets to New All-Time High On IMF News, PIA Privatization
The Pakistan Stock Exchange (PSX) rallied to a new all-time high on Wednesday with authorities edging closer to a new… Read More
SBP Allows MCB Bank and Habib Metro to Start Currency Exchange Operations
The State Bank of Pakistan (SBP) has issued licenses to Habib Metropolitan Bank Limited (PSX: HMB) and MCB Bank Limited… Read More
PM Summons High Level Meeting to Address Rising Smuggling Concerns
Prime Minister Shahbaz Sharif has summoned a high-level meeting today to tackle the pressing issue of smuggling, official sources told… Read More
