The Government of Pakistan has shared budget proposals for the fiscal year 2023-24 (FY24) with the International Monetary Fund (IMF),… Read More
50% Ongoing Construction Projects Halted Due to Hike in Steel Prices
The Association of Builders and Developers of Pakistan (ABAD) has claimed that 50 percent of ongoing construction projects have come… Read More
Dar Assures Builders Association of Providing Business-Friendly Budget
Finance Minister Ishaq Dar reiterated on Monday that the government will try to provide a business-friendly budget for the economic… Read More
Rupee Reverses Last Week’s Gains Against US Dollar, Saudi Riyal
The Pakistani rupee reversed last week’s gains against the US Dollar during intraday trade today after opening trade at 285.65.… Read More
MCB Bank to Explore Potential Acquisition of Silkbank
MCB Bank Limited (PSX: MCB) is set to conduct due diligence of Silkbank Limited (PSX: SILK), the bank told the… Read More
National Savings to Launch New Shariah-Compliant Products for Investors Soon: Dar
Federal Minister for Finance and Revenue Ishaq Dar said at the inaugural Islamic Capital Markets (ICM) conference on Monday that… Read More
WorldCall’s Parent Company to Complete NASDAQ Listing by July
Worldcall Services (Private) Limited (WSL), the parent company of WorldCall Telecom Limited (PSX: WTL), is expected to be listed on… Read More
Pakistan’s Economy Will Be Interest-Free by 2027: SBP Governor
Pakistan’s economy will be interest-free by 2027, said Governor State Bank of Pakistan (SBP) Jameel Ahmed at the inaugural Islamic… Read More
Stock Exchange Companies Have Backup Plan to Avoid Govt Raid
Many publicly traded firms have started hinting at distributing dividends and bonus shares in the guise of expanding their “authorized… Read More
Rupee Ends Week With Big Gains Against US Dollar, British Pound
The Pakistani rupee gained further ground against the US Dollar during intraday trade today after opening trade at 286. The… Read More
Pakistan Banks Association Asks FBR to Reduce Tax Rate For Banks in Budget 2023-24
The Pakistan Banks Association (PBA) in its federal budget proposals for the fiscal year 2023-24 (FY24) has requested the Federal… Read More
World Bank Approves $213 Million for Flood Victims of Balochistan
As part of the program agreed with the Government of Pakistan to respond to the devastating floods that hit the… Read More
