Nadeem Hussain left three decades of corporate journey behind for a startup at 49 and invested his own $6 million… Read More
IMF Debt Dilemma Looms After Elections Next Month: Ex-Governor SBP
Former Governor State Bank of Pakistan (SBP) Dr. Reza Baqir has warned that the International Monetary Fund (IMF) has to… Read More
Rupee Rises 2nd Day in a Row Against US Dollar
The Pakistani rupee posted gains second day in a row against the US Dollar today after opening trade at 280… Read More
Johnson & Phillips Pakistan Okays Buyback Price to Delist from PSX
Johnson & Phillips (Pakistan) Limited has approved delisting from the Pakistan Stock Exchange with the buyback price set at Rs.… Read More
Electricity Prices to Rise Even Higher After IMF Approval On New Power Tariff Regime
The Power Division has submitted a draft of a new power tariff restructuring regime to the Finance Ministry as the… Read More
Faysal Bank All Set To Establish Currency Exchange Company
Faysal Bank Limited has received approval from the Securities and Exchange Commission of Pakistan (SECP) to set up a Currency… Read More
Pakistan, Dubai Ink $3 Billion Deal For Cooperation in Railways, Economic Zones, Infrastructure
The governments of Pakistan and Dubai have inked more than $3 billion investment pact on cooperation in railways, economic zones,… Read More
PSX Loses Over 1,000 Points During Live Trade After Pakistan Conducts Strikes in Iran [Updated]
Bears ran riot at the Pakistan Stock Exchange (PSX) today, with the benchmark KSE-100 index initially losing over 1,900 points… Read More
Japan Announces $3.62 Million Grant to Support Polio Program in Pakistan
The Government of Japan has announced a new $3.62 million grant to procure essential oral polio vaccines as part of… Read More
Pakistan’s Real Effective Exchange Rate Increases Slightly in December 2023
Pakistan’s Real Effective Exchange Rate (REER) increased by 0.6 percentage points to 98.9 in December 2023. According to the latest… Read More
Rupee Reverses Losses Against US Dollar
The Pakistani rupee reversed Tuesday’s losses and posted gains against the US Dollar today after opening trade at 280 in… Read More
Pakistan Secures Second LNG Cargo from Azerbaijan
Pakistan has successfully procured the second liquefied natural gas (LNG) cargo from the State Oil Company of the Azerbaijan Republic… Read More
