News Update

11

Nov 2024

Nov 11, 2024 • 5 min read

PSX Closes at Record High After Briefly Crossing 94,000 Level

The 100-Index of the Pakistan Stock Exchange (PSX) gained 356.64 more points on Monday to close at 93,648.33 points, a f...

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News Update

11

Nov 2024

Nov 11, 2024 • 5 min read

SIFC Wants to Replace Govt Houses With High-Rise Buildings in Islamabad

The Special Investment Facilitation Council (SIFC) wants to replace Islamabad’s single-storey government houses with hig...

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News Update

11

Nov 2024

Nov 11, 2024 • 5 min read

Pakistan’s Debt-to-GDP Ratio Hits Lowest Level in Over Six Years

Pakistan’s Debt-to-GDP ratio has dropped to 65.7 percent as of September 2024, marking its lowest level since June 2018....

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News Update

11

Nov 2024

Nov 11, 2024 • 5 min read

Aurangzeb Invites Turkish Firms to Enter Joint Ventures With Pakistani Companies

Federal Minister for Finance Senator Muhammad Aurangzeb held a meeting with Irfan Neziroglu, Ambassador of the Republic...

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News Update

11

Nov 2024

Nov 11, 2024 • 5 min read

Bitcoin Crosses $81,000 For the First Time in History

Bitcoin skyrocketed to a new all-time high today after crossing $81,000 as investors continued to bet big on Donald Trum...

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News Update

11

Nov 2024

Nov 11, 2024 • 5 min read

Bank of Khyber Officially Appoints Hassan Raza As CEO

Hassan Raza has joined the Bank of Khyber (PSX: BOK) as Managing Director/Chief Executive Officer, the bank informed the...

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News Update

11

Nov 2024

Nov 11, 2024 • 5 min read

Finance Minister Welcomes Maersk Subsidiary’s Decision to Invest in Pakistan

Federal Minister for Finance and Revenue Muhammad Aurangzeb held a meeting with Keith Svendsen, Chief Executive Officer...

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News Update

11

Nov 2024

Nov 11, 2024 • 5 min read

PSX Halts Trading Activity of 3 Brokers for Missing Key Deadline

The Pakistan Stock Exchange (PSX) has restricted the trading facility of three brokers for failing to submit their annua...

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News Update

11

Nov 2024

Nov 11, 2024 • 5 min read

Govt Likely to Sign New Agreement With 18 IPPs in Two Weeks

The federal government is expected to sign the new agreement with 18 Independent Power Producers (IPPs) within the next...

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News Update

11

Nov 2024

Nov 11, 2024 • 5 min read

Attock Refinery Denies Reports of Getting Sold

The Board of Directors of Attock Refinery Limited (PSX: ATRL) has denied all reports regarding the company’s potential s...

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News Update

11

Nov 2024

Nov 11, 2024 • 5 min read

Govt Plans to End Basic Pay Scale and Shift to Contract-Based Hiring

The federal government is evaluating major reforms in the public sector and is eyeing a phased removal of Basic Pay Scal...

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News Update

11

Nov 2024

Nov 11, 2024 • 5 min read

IHC Prohibits FBR From Recovering Tax From Askari Bank on ADR Formula

Islamabad High Court (IHC) has barred the Federal Board of Revenue (FBR) from recovering income tax from a leading bank...

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News Update

11

Nov 2024

Nov 11, 2024 • 5 min read

Punjab Allocates Rs. 4 Billion for Free Solar Panel Project

The Punjab government has allocated a significant Rs. 4 billion for the Chief Minister’s “Free Solar Panel Project.” Thi...

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News Update

11

Nov 2024

Nov 11, 2024 • 5 min read

Gold Rate in Pakistan Falls Again, Down Over Rs. 10,000 Per Tola from Record High

The price of gold in Pakistan fell by over Rs. 1,000 per tola on the opening day of the week. According to data issue...

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News Update

09

Nov 2024

Nov 09, 2024 • 5 min read

No Lender Willing to Rollover Debt to Help Pakistan: Finance Minister

Finance Minister Muhammad Aurangzeb on Friday revealed that investors are reluctant to help Pakistan by depositing funds...

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News Update

09

Nov 2024

Nov 09, 2024 • 5 min read

Jazz Unveils New State-of-the-Art Headquarters in Islamabad

Jazz, Pakistan’s leading digital operator, has officially inaugurated its new state-of-the-art headquarters, the Jazz Wo...

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News Update

09

Nov 2024

Nov 09, 2024 • 5 min read

Govt Fails to Appoint Chairmans of 11 Science Ministry Entities

The Ministry of Science and Technology is facing a leadership crisis, with only five of its 16 institutions having regul...

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News Update

09

Nov 2024

Nov 09, 2024 • 5 min read

PTA Says It Doesn’t Feel Responsible for Assuring Safety of Electronic Devices

Pakistan Telecommunication Authority (PTA) has absolved itself from the responsibility of securing electronic devices l...

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News Update

09

Nov 2024

Nov 09, 2024 • 5 min read

Cut-Off Yields on 1-Year Sukuk Drop by Half in 6 Months Amid Declining Interest Rates

Cut-off yields on 1-year Sukuk have dropped by nearly half in the space of just six months to below 11 percent. In aroun...

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News Update

09

Nov 2024

Nov 09, 2024 • 5 min read

Gold Price in Pakistan Remains Unchanged After Friday’s Shock Increase

The price of gold in Pakistan remained unchanged on Saturday after witnessing a major increase a day earlier. The price...

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News Update

08

Nov 2024

Nov 08, 2024 • 5 min read

Gold Price in Pakistan Jumps After Yesterday’s Massive Decline

The price of gold in Pakistan rose by Rs. 2,000 per tola on Friday after witnessing a major decline a day earlier. Acc...

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News & Updates

PSX Closes at Record High After Briefly Crossing 94,000 Level

SIFC Wants to Replace Govt Houses With High-Rise Buildings in Islamabad

Pakistan’s Debt-to-GDP Ratio Hits Lowest Level in Over Six Years

Aurangzeb Invites Turkish Firms to Enter Joint Ventures With Pakistani Companies

Bitcoin Crosses $81,000 For the First Time in History

Bank of Khyber Officially Appoints Hassan Raza As CEO

Finance Minister Welcomes Maersk Subsidiary’s Decision to Invest in Pakistan

PSX Halts Trading Activity of 3 Brokers for Missing Key Deadline

Govt Likely to Sign New Agreement With 18 IPPs in Two Weeks

Attock Refinery Denies Reports of Getting Sold

Govt Plans to End Basic Pay Scale and Shift to Contract-Based Hiring

IHC Prohibits FBR From Recovering Tax From Askari Bank on ADR Formula

Punjab Allocates Rs. 4 Billion for Free Solar Panel Project

Gold Rate in Pakistan Falls Again, Down Over Rs. 10,000 Per Tola from Record High

No Lender Willing to Rollover Debt to Help Pakistan: Finance Minister

Jazz Unveils New State-of-the-Art Headquarters in Islamabad

Govt Fails to Appoint Chairmans of 11 Science Ministry Entities

PTA Says It Doesn’t Feel Responsible for Assuring Safety of Electronic Devices

Cut-Off Yields on 1-Year Sukuk Drop by Half in 6 Months Amid Declining Interest Rates

Gold Price in Pakistan Remains Unchanged After Friday’s Shock Increase

Gold Price in Pakistan Jumps After Yesterday’s Massive Decline

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