Currency dealers reported a 22 percent or $70 million decline in the sale of US dollars to commercial banks during… Read More
Muhammad Aurangzeb Vows to Get Pakistan Out of Current Economic Crisis
Former President & Chief Executive Officer Habib Bank Limited Muhammad Aurangzeb, who earlier took oath as Federal Minister on Finance… Read More
PSX Announces Timings For Ramadan 2024
The Pakistan Stock Exchange (PSX) on Monday announced the designated schedule for the holy month of Ramadan (1445 A.H). Under… Read More
No Committee Chairmanships For Muhammad Aurangzeb After Becoming Advisor
Banker Muhammad Aurangzeb’s role in government committees will be limited as he is tipped for the position of Advisor to… Read More
TPL Trakker Ltd Nears Sale of Large Stake in Middle East Subsidiary to UAE Buyer
TPL Trakker Limited (PSX: TPLT) has signed a Non-Binding Indicative Term Sheet with a UAE-based conglomerate for a large equity… Read More
Maple Leaf Subsidiary to Build $110 Million Hospital in Islamabad
Novacare Hospitals (Private) Limited, a wholly owned subsidiary of Maple Leaf Cement Factory Limited (PSX: MLCF), will start constructing a… Read More
Mobile Banking Transactions up Over 450% in FY 2022-23
Mobile banking transactions in Pakistan have experienced a significant surge, reaching Rs. 15 billion in the fiscal year 2022-23, marking… Read More
Locally Assembled Cars Get Enormous Price Hike as FBR Imposes Another Huge Tax
Locally assembled or manufactured cars just got way more expensive after the latest tax hike by the regulator. The Federal… Read More
Pakistan’s Real Estate Industry Is Officially Dead – What Happens Next?
Pakistan’s commercial real estate business is officially dead and will not recover until after 2030, thanks to poor government policies… Read More
FBR Orders to Issue Sales Tax Refunds Within A Month
After the issuance of sales tax refunds of Rs. 65 billion to five leading export sectors, the Federal Board of… Read More
IMF Ready to Send Mission to Pakistan For Final Review After New Cabinet is Formed
The International Monetary Fund (IMF) stands ready to hold a mission for the second review of the Stand-by shortly after… Read More
Meezan Bank Inks MoU With Pakistan Microfinance Network to Promote Islamic Finance
Meezan Bank, Pakistan’s leading Islamic Bank, has recently formalized a Memorandum of Understanding (MoU) with the Pakistan Microfinance Network (PMN)… Read More
