Pakistan’s exports are on the rise, reaching a 4 year high last month, said Ministry of Commerce and Textile.… Read More
Fauji Meat Ltd Launches Its First “Zabeeha” Brand Store in Karachi
Fauji Meat Limited (FML) has launched its brand store called “Zabeeha” ذبیحہ in Defence Housing Authority (DHA) Karachi. Zabeeha will… Read More
JS Group to Launch New Oil Marketing Company in Pakistan
Jehangir Siddiqui Company has announced that the Oil and Gas Regulatory Authority (OGRA) has granted a license to JS Fuel… Read More
SECP Wants Shareholders to Provide Correct Account Details for Electronic Payment of Dividends
The Securities and Exchange Commission of Pakistan (SECP) has given 45 days to shareholders of listed companies to provide relevant… Read More
International Islamic Trade Finance Corporation to Lend $3.285 Billion to Pakistan
The International Islamic Trade Finance Corporation has agreed to lend Pakistan $3.285 billion, its chief executive said on Thursday.… Read More
Govt to Set Up a $75 Million Fund for Giving Loans to Entrepreneurs
The government is setting up a $75 million fund for startups. The amount will be reserved for loans only and will not be used to fund the startups.… Read More
Bank Islami and KASB Bank Merger Cost Rs. 3.5 Billion Loss to Pakistan: AGP Report
Auditor General of Pakistan (AGP) office has once again raised concerns about the shady deal between Bank Islami and KASB… Read More
Soneri Bank to Raise Rs. 4 Billion in Additional Tier 1 Capital
Soneri Bank is going to raise Rs. 4 billion Additional Tier 1 Capital, as redeemable capital, for meeting Basel III… Read More
Pakistan Has the Fastest Depleting Dollar Reserves in Asia
Pakistan’s foreign reserves may drop below Cambodia’s in the upcoming months, Bloomberg reports.… Read More
PSX Awaits Regulatory Approvals to Roll Out New Investor-Friendly Products
Chairman of PSX, Muneer Kamal has said that the bourse is awaiting regulatory approvals to enhance its products’ portfolio in… Read More
Crude Oil Prices Reach Their Highest Level Since January
Oil futures climbed on Wednesday to end at their highest level in nearly seven weeks. A surprise weekly decline in… Read More
Senator Claims Pakistan’s New Amnesty Scheme Will Benefit Non-Resident Pakistanis
Non-resident Pakistanis will benefit the most from the upcoming amnesty scheme, Haroon Akhtar says. Public office holders will not be able to avail the scheme.… Read More
SBP Issues a Statement on Recent Devaluation of Rupee
The PKR-US$ exchange rate in the interbank market closed at PKR 115 per US$ yesterday and witnessed an intraday high… Read More
Pakistani Rupee Depreciates to Rs. 118 Against Dollar in Interbank Market
The rupee has faced another devaluation as it now stands at a staggering low value against one US dollar.… Read More
Budget for 2018-19 to Bring Relief to the Stock Market
Several tax cuts are in place for the stock market, Special Advisor to PM on Finance says.… Read More