Pakistan is expected to receive a new loan of nearly $380 million out of the estimated cost of $700 million… Read More
Bank Alfalah Exits Bangladesh in $47.5 Million Deal
Pakistan’s Bank Alfalah Limited (PSX: BAFL) has approved the sale of its Bangladesh operations to Bank Asia Limited in a… Read More
Viral Analyst Says Petrodollar, NATO, US Economy Face Imminent Destruction Soon
A widely shared analysis by a Chinese commentator has warned that the petrodollar, the North Atlantic Treaty Organization (NATO), and… Read More
Govt Approves Rs. 100 Billion Relief Fund to Stabilize Petrol, Diesel Prices
The Economic Coordination Committee (ECC) of the Cabinet on Thursday approved a Rs. 100 billion Technical Supplementary Grant for the… Read More
SBP Reserves Gain $22 Million to Jump Near $17 Billion
Foreign reserves held by the State Bank of Pakistan (SBP) witnessed inflows of $22 million in the week that ended… Read More
Barrick Gold Delays Reko Diq Project in Pakistan
Barrick Mining has announced a delay in the development of the Reko Diq copper-gold project in Balochistan due to escalating… Read More
Jet Fuel Rates Nearly Triple, Sending Flight Costs Skyward Across Pakistan
Jet fuel prices in Pakistan have nearly tripled, from Rs. 176 to Rs. 417 per liter, making air travel more… Read More
Nishat Group Submits New Offer to Acquire Stake in Rafhan Maize
Next Capital Limited on behalf of the Nishat Group has submitted a public announcement of intention (PAI) to acquire 298,759… Read More
Dubai Crude Drops Near $110 per Barrel After Tiny Relief in Iran-US Ceasefire Talks
Dubai benchmark crude oil recorded a sharp decline on Thursday, falling to $113 per barrel after losing $29 in one… Read More
Gold Price Falls Sharply in Pakistan After Brief Rally
Gold in Pakistan suddenly stopped rising and posted huge losses on Thursday. The price of one tola decreased by Rs.… Read More
Pakistan’s Islamic Mutual Funds Cross Rs. 2 Trillion Mark for the First Time
Sharia-compliant mutual funds in Pakistan continue to attract strong investment from individuals, associations of persons, and corporate investors, with total… Read More
Govt Raises Rs. 118 Billion in 32nd Ijarah Sukuk Auction
The federal government raised Rs. 118.05 billion through the 32nd auction of Government of Pakistan Ijarah Sukuk. According to the… Read More
