The Ministry of Finance has directed all federal ministries and divisions to surrender excess development funds allocated under the Public… Read More
World Bank to Pitch in $300 Million for Reko Diq
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
