The International Finance Corporation (IFC), the World Bank’s private investment arm, will provide $300 million in debt financing for Pakistan’s… Read More
PSX Opens 3,000 Points Up After Trump’s 90-Day Tariff Pause
The KSE-100n index of the Pakistan Stock Exchange (PSX) opened 3,000 points up on Thursday, a positive change of roughly… Read More
Here’s How Much Tax Salaried People Paid Over Past 3 Years
The Federal Board of Revenue (FBR) has disclosed that salaried individuals contributed a total of Rs. 820 billion in taxes… Read More
Brent Crude Drops to Four-Year Low, WTI Crashes to $56 Per Barrel
Brent crude prices have plunged by $4 per barrel since markets opened yesterday, settling at $60.9 per barrel, the lowest… Read More
Rupee Struggles 3rd Day in a Row Against US Dollar As Pressure Mounts
The Pakistani rupee (PKR) closed in red third day in a row against the US Dollar (USD) today after opening… Read More
Trump Tariffs Cause More Mayhem As Pakistan’s Dollar Bonds Fall Below Distress Level
Dollar-denominated bonds issued by smaller and riskier emerging economies came under renewed pressure on Wednesday. Pakistan’s longer-term sovereign bonds saw… Read More
CCP to Approve PTCL-Telenor Merger With New Conditions
The Competition Commission of Pakistan (CCP) is likely to approve the merger of Telenor Pakistan with Pakistan Telecommunication Company Limited… Read More
At-Tahur Limited to Raise Rs. 750 Million Capital Via Privately Placed Islamic Sukuk
At-Tahur Limited (PSX: PREMA) announced today in a stock exchange filing that it is in the process of raising up… Read More
B2B Fintech Haball Raises $52 Million Led by Faisal Aftab’s Zayn VC
Haball, Pakistan’s leading supply chain financing and payments fintech, raises a US$52 million pre-Series A funding round comprising equity investment… Read More
Pakistan’s Dollar Bonds Suffer Sharpest Drop Since 2022 On Trump’s Tariff Bomb
Pakistan’s dollar-denominated bonds plunged more than 13 cents on Monday in their steepest single-day decline since Russia’s full-scale invasion of… Read More
PSX Crashes By Nearly 8,500 Points [Updated]
The Pakistan Stock Exchange (PSX) witnessed a bloodbath on Monday as the benchmark KSE-100 index plummeted by nearly 8,500 points… Read More
Engro Energy Denies Any Breach of Contract With Consortium for Sale of Power Subsidiary
Engro Energy Limited (EEL) has categorically denied allegations of a material breach leveled by Liberty Power Holdings and its consortium… Read More
