The Board of Directors of Octopus Digital Limited (PSX: OCTOPUS) has accorded its approval to the company for the acquisition… Read More
Govt Inks Deal With Ernst & Young For Privatization of PIA
A Financial Services Agreement (FASA) was signed between the Privatization Commission and the Financial Advisor for divestment of Pakistan International… Read More
IMF Starts Work On Potential New Bailout Program For Pakistan
The International Monetary Fund (IMF) is in the early stages of formulating a policy document for a potential new bailout… Read More
Govt to Raise Rs. 150 Billion Sukuk Against Islamabad Sports Complex
Staff State Bank of Pakistan (SBP) is set to issue GoP Ijarah Sukuk (GIS) of Rs. 150 billion against the… Read More
Asia’s Worst Performing Currency: Bloomberg Shares Horrific Prediction for Rupee
The Pakistani Rupee (PKR), poised to end the calendar year as Asia’s worst-performing currency, is likely to extend losses in… Read More
Rupee Halts Losing Streak Against US Dollar After UAE Investment News
The Pakistani rupee ended its 3-day losing streak against the US Dollar today after opening trade at 284 in the… Read More
ADB Approves $180 Million Loan For Improving Water, Waste Management in Two Punjab Cities
The Asian Development Bank (ADB) has approved a $180 million loan to improve water supply and solid waste management services… Read More
Profit Repatriation Hits Highest Level Since July 2020
Foreign companies’ repatriation of profits and dividends rose to $273 million in October 2023, up by 1,970 percent year-on-year (YoY)… Read More
Govt Entities Chewing Up Rs. 800 Billion Annually: Privatization Minister
Caretaker Privatization Minister Fawad Hasan Fawad on Monday said that state-owned enterprises (SOEs) are devouring a staggering Rs. 800 billion… Read More
SECP Issues Updated Whitelist of Approved Digital Loan Apps
The Securities and Exchange Commission of Pakistan (SECP) has issued an updated whitelist of digital lending apps for the general… Read More
SBP’s Upcoming Decision on Deposit Rates Can Drastically Cut Islamic Banks’ Profits
Earnings of listed Islamic banks on the Pakistan Stock Exchange could fall if the State Bank of Pakistan (SBP) imposes… Read More
Rupee Falls 3rd Day in a Row Against US Dollar
The Pakistani rupee lost further ground third day in a row against the US Dollar today after opening trade at… Read More
