The Central Directorate of National Savings (CDNS) and Central Depository Company of Pakistan Limited (CDC) signed a Memorandum of Understanding… Read More
Meezan Bank Becomes Pakistan’s Most Profitable Bank After Overtaking HBL and UBL
Meezan Bank witnessed a staggering growth in profitability leaving behind big conventional banks by a wide margin, becoming the most… Read More
Rupee Gains Big Against US Dollar As IMF Deal Nears Finish Line, Markets Snub Political Heat
The Pakistani Rupee (PKR) continued to gain more ground against the US Dollar (USD) and posted big gains during intraday… Read More
Earnings of Top Banks to Rise Significantly After Removal of ADR-Based Tax: Report
The removal of advance-to-deposit ratio (ADR) based tax retrospectively will result in an upward revision of the earnings of UBL,… Read More
Commerce Ministry Asks Govt to Restrict Gold Imports Until Rupee Stabilizes
The Ministry of Commerce (MoC) has recommended curtailing imports of gold until the exchange rate stabilizes. A meeting of the… Read More
Dollar Drops Below 220 Against PKR As UAE News and IMF Stimulate Markets [Updated]
The Pakistani Rupee (PKR) continued to strengthen against the US Dollar (USD) and posted massive gains during intraday trade today… Read More
Allied Bank Presents NIC Fintech Hackathon 2022
The National Incubation Center (NIC) Pakistan’s first of its kind and largest Incubation center is hosting yet another exciting Fintech… Read More
Rupee Ends Week With Big Gains Against US Dollar Over Less Imports and Oil Drop
The Pakistani Rupee (PKR) maintained its positive growth against the US Dollar (USD) and posted big gains during intraday trade… Read More
Govt Planning to Allow Pump Owners to Set Their Own Prices by Deregulating Petrol
The government is likely to deregulate the prices of petroleum products in the country from 1 November 2022. An official… Read More
Mari Petroleum Records Highest Ever Profit of Rs. 33.1 Billion in FY22
Mari Petroleum Company Limited (MPCL) has announced excellent financial and operational results for the fiscal year 2021-22 (FY22) with a… Read More
Pakistan’s Eurobond Yields Significantly Down Across All Maturities
The yields on all the Pakistani Eurobonds declined globally for the second consecutive day on 4 August 2022 as clarity… Read More
Apna Microfinance Bank Listed as Defaulter by NCCL
National Clearing Company Limited (NCCPL) has placed Apna Microfinance Bank in the defaulter’s segment, effective from Thursday, 4 August 2022.… Read More
