The Pakistani rupee (PKR) recovered further against the US Dollar and closed the week with good gains during intraday trade… Read More
Airlines Are Struggling to Send Dollars Out of Pakistan Amid Severe Money Crunch
An aviation crisis is imminent in Pakistan where airlines are having trouble recovering $290 million due to a severe financial… Read More
Brief Respite As PKR Recoups Gains Against US Dollar, Other Currencies
The Pakistani rupee (PKR) reversed losses against the US Dollar and posted gains during intraday trade today. The Pakistani rupee… Read More
New Future Consumer International Wants to Acquire ZIL Ltd.
Alpha Beta Core Solutions (Private) Limited, being a manager to the offer by New Future Consumer International General Trading LLC… Read More
Maqsad Secures $2.8 Million Funding After Surpassing 1 Million Users
Maqsad, Pakistan’s leading edtech, has announced a $2.8 million seed round led by Speedinvest and returning investor Indus Valley Capital.… Read More
Pakistan to Get Another $500 Million From China in Next Few Days
A Chinese bank has assured to provide another refinanced $500 million loan in the coming days, bringing the total of… Read More
Pakistan’s Dollar Bonds Drop 6th Day in a Row Amid Political Turmoil
Pakistan’s 2024 bonds have fallen for the sixth consecutive day, according to investors tracking developing-country dollar-denominated bonds, Bloomberg reported on… Read More
SHC Allows JS Bank to Carry on Process of Proposed Acquisition of Bankislami
The Sindh High Court (SHC) has allowed JS Bank Limited (PSX: JSBL) to carry on the process of the proposed… Read More
Rupee Down 3rd Day in a Row Against US Dollar, British Pound, Euro
The Pakistani rupee (PKR) shed further against the US Dollar and posted losses during intraday trade today. The Pakistani rupee… Read More
Archroma Pakistan Exploring Potential Merger with Huntsman Textile
Archroma Pakistan Limited (PSX: ARPL) is exploring a potential merger with Huntsman Textile Effects Pakistan (Private) Limited. In a stock… Read More
US Ambassador Expects Pak-IMF Deal in ‘A Couple of Days’
The International Monetary Fund (IMF) bailout package with Pakistan may be finalized in the next few days. In conversation with… Read More
China is Concerned Over Pending $1.5 Billion Payments
Beijing has voiced serious concerns about $1.5 billion in overdue payments to CPEC independent power plants (IPPs), as well as… Read More
