A serious legal controversy has emerged following a press release issued by the Inland Revenue Service Officers Association (IRSOA), which… Read More
Azerbaijan’s SOCAR to Invest in Pakistan’s Oil & Gas Sector in February
Following a high-level business roundtable chaired earlier today by the Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, on… Read More
Epic Angels Invests in Pakistan’s Fintech Startup Neem in Pre-Series A Round
Epic Angels, the largest global all-female investment collective, has announced their investment in Neem, a full-stack payments infrastructure platform modernizing… Read More
Tribunal Upholds Rs. 205 Million Penalty on 7 Banks and PBA
The Competition Appellate Tribunal (CAT) on Wednesday dismissed ten long-pending appeals filed by several banks and the Pakistan Banks Association… Read More
Fitch Assigns Recovery Rating for Pakistan, Keeps Debt Outlook At B-
Fitch Ratings has affirmed Pakistan’s long-term debt ratings at ‘B-‘ and assigned a Recovery Rating of ‘RR4’ following the removal… Read More
Two Investors Submit Offer to Take Over Escorts Investment Bank
Kamran Malik and Sheikh Ali Baakza through their manager to the offer AKD Securities Limited have announced their intention to… Read More
Pakistan Receives Record $4.5 Billion in Foreign Loans in First 6 Months of FY26
Pakistan’s reliance on external borrowing increased further during the first six months of the current fiscal year, as the country… Read More
Adamjee Life Insurance Approves Plan to Expand Into Pension Fund Business
Adamjee Life Assurance Company Limited (PSX: ALIFE) has decided to expand its operations by entering the pension fund management business,… Read More
Faysal Bank Injects Rs. 200 Million in Its Currency Exchange Firm
Faysal Bank Limited (PSX: FABL) has injected Rs. 200 million by way of Rights issue in its Subsidiary FICECL, the… Read More
International Gold, Silver Smash All Records Again on Donald Trump’s Tariff Threats
Gold and silver prices rose to new record levels on Monday after US President Donald Trump threatened new tariffs on… Read More
Ongoing Restructuring Plan Won’t Impact Share Prices: Bank Makramah
Bank Makramah Limited on Monday clarified that the reduction of share capital and book closure under the latest restructuring scheme… Read More
Prices of Gold and Silver Suddenly Drop in Pakistan After Big Rally
Gold prices in Pakistan suddenly halted their rally on Thursday after declining by Rs. 3,700 per tola in the domestic… Read More
