Despite international organizations sending in millions of dollars for Pakistan in recent weeks, this level of foreign assistance hasn’t been… Read More
FBR Revises Procedure for Computating Capital Gains and Collecting Tax on Securities
The Federal Board of Revenue (FBR) has revised the procedure for the computation of capital gains and collection of tax… Read More
ADB Approves $3 Million Grant for Pakistan’s Flood Relief Efforts
The Asian Development Bank (ADB) has approved a $3 million grant to support the Government of Pakistan’s emergency relief efforts… Read More
MCB Bank No Longer Wants to Acquire Telenor Microfinance Bank
The management of MCB Bank has decided not to pursue its interest in the acquisition of a major shareholding either… Read More
Govt to Approve Long Term Residency Policy for Foreign Investors
The Federal Cabinet is likely to approve a policy for the grant of long-term residency to foreign investors. Sources said… Read More
PriceOye Raises $7.9 Million With PayPal and Tinder Founders Investing
One of Pakistan’s top online consumer electronics marketplaces, PriceOye, announced on Tuesday that it has raised $7.9 million in seed… Read More
PostEx Acquires Call Courier to Become Pakistan’s Largest eCommerce Service Provider
Pakistan’s e-commerce sector is set to hit $12 billion by 2025 as adoption and growth scale. In propelling this growth,… Read More
Roshan Digital Account Inflows Surge to Nearly $5 Billion in Under 2 Years
Roshan Digital Account inflows have surged to over $4.95 billion through 452,821 accounts of overseas Pakistanis from 175 countries in… Read More
Lucky Cement To Buyback 10 Million Shares
Lucky Cement plans to buy back its 10 million shares from shareholders at the face value of Rs. 10 per… Read More
Saudi Arabia’s TAWAL Telecom To Invest $80 Million Annually in Pakistan
TAWAL Telecom, a leading Saudi infrastructure company, is ready to start operations in Pakistan and aims to make sizeable investments… Read More
Pakistan Signs Final IMF Letter for $1.17 Billion Loan
The Government of Pakistan has signed the Letter of Intent (LoI) that it received from the International Monetary Fund (IMF)… Read More
TecBrix Acquires DevOps Pakistan for Around $1 Million
TecBrix, a UAE-based digital transformation consulting company, has acquired the Karachi-based DevOps Pakistan to mark its entry into the South… Read More
