News Update

29

Aug 2024

Aug 29, 2024 • 5 min read

PSX Gains Over 350 Points After Moody’s Rating Upgrade

The 100-Index of the Pakistan Stock Exchange (PSX) turned bullish trend on Thursday and gained 356.88 points, showing a...

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News Update

29

Aug 2024

Aug 29, 2024 • 5 min read

PM Sets Ambitious $60 Billion Remittance Target for 2034

Prime Minister Shehbaz Sharif has set an ambitious target to increase remittances to $60 billion by 2034, sources told P...

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News Update

29

Aug 2024

Aug 29, 2024 • 5 min read

Hardee’s to Become Available at Multiple Fuel Stations Nationwide

Hi-Tech Lubricants Limited, the renowned manufacturer of ZIC Brand Lubricants in collaboration with SK Enmove Co. Ltd. f...

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News Update

29

Aug 2024

Aug 29, 2024 • 5 min read

A Remarkable Growth of 80% in Before Tax Profit: The Bank of Punjab Announces Financial Results for 1st Half of Year 2024

A meeting of the Board of Directors of The Bank of Punjab was held on August 28, 2024, to consider and approve the unaud...

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News Update

29

Aug 2024

Aug 29, 2024 • 5 min read

Pakistani Rupee Posts Losses Against US Dollar For Second Straight Day

The Pakistani rupee (PKR) depreciated by 19 paisa against the US dollar in the interbank trading and closed at Rs 278.64...

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News Update

29

Aug 2024

Aug 29, 2024 • 5 min read

Gold Rate in Pakistan Dips Slightly After Record-Breaking Run

The price of gold in Pakistan fell slightly on Thursday after a record-breaking run that saw it rise to back-to-back rec...

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News Update

29

Aug 2024

Aug 29, 2024 • 5 min read

PSX Appoints Nadeem Naqvi as Interim CEO

The Pakistan Stock Exchange (PSX) has appointed Nadeem Naqvi as the interim Chief Executive Officer (CEO). Nadeem Naqvi,...

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News Update

29

Aug 2024

Aug 29, 2024 • 5 min read

SBP Reserves Cross $9.4 Billion After Another Increase

The foreign exchange reserves held by the State Bank of Pakistan (SBP) posted an increase of $112 million on a weekly ba...

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News Update

29

Aug 2024

Aug 29, 2024 • 5 min read

Symmetry Group Launches Al-Powered Video Creation Platform

Symmetry Group Limited (PSX: SYM) has announced the launch of its Al-powered platform that specializes in creating tailo...

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News Update

29

Aug 2024

Aug 29, 2024 • 5 min read

Pakistan Single Window Reports Rs. 135 Million Surplus Income in FY23

Pakistan Single Window (PSW) has declared a profit or surplus income of Rs. 135 million in the financial year 2022-23, c...

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News Update

29

Aug 2024

Aug 29, 2024 • 5 min read

Pensioners Residing Abroad Drawing Pensions in Foreign Exchange

A number of pensioners, who are residing abroad are drawing their pensions in foreign exchange to which they are not ent...

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News Update

29

Aug 2024

Aug 29, 2024 • 5 min read

Moody’s Upgrades WAPDA Rating

Moody’s Ratings (Moody’s) has upgraded Pakistan Water and Power Development Authority’s (WAPDA) corporate family rating...

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News Update

29

Aug 2024

Aug 29, 2024 • 5 min read

PTA Caught Changing Long-Distance and International License Clauses Without Approval

The Auditor General of Pakistan has raised concerns over the Pakistan Telecommunication Authority (PTA) for allegedly al...

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News Update

29

Aug 2024

Aug 29, 2024 • 5 min read

Fauji Foundation Announces Intention to Acquire Control of Agha Steel

Agha Steel Industries Limited (PSX: AGHA) Thursday announced that it has received an intention from Fauji Foundation to...

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News Update

29

Aug 2024

Aug 29, 2024 • 5 min read

Govt Introduces More Incentives for Remittances to Pakistan

The Federal Minister for Finance & Revenue Senator Muhammad Aurangzeb chaired a meeting of the Economic Coordination Com...

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News Update

29

Aug 2024

Aug 29, 2024 • 5 min read

Finance Minister Chairs Review Meeting with Joint Venture Investment Companies

Federal Minister for Finance Muhammad Aurangzeb chaired a review meeting with representatives from Joint Venture Investm...

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News Update

28

Aug 2024

Aug 28, 2024 • 5 min read

Moody’s Upgrades Pakistan’s Rating to Caa2 Citing Improving Macroeconomic Conditions

Moody’s Ratings (Moody’s) has upgraded the Government of Pakistan’s local and foreign currency issuer and senior unsecur...

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News Update

28

Aug 2024

Aug 28, 2024 • 5 min read

Pakistan’s Economy on Path of Progress and Development: PM Shehbaz

Prime Minister Shehbaz Sharif on Wednesday expressed his satisfaction with Moody’s upgrade of Pakistan’s credit rating a...

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News Update

28

Aug 2024

Aug 28, 2024 • 5 min read

Commerce Minister Pledges Support for Leather, Footwear Industry

Federal Minister for Commerce Jam Kamal Khan held a meeting with the Pakistan Leather and Footwear Council on Wednesday,...

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News Update

28

Aug 2024

Aug 28, 2024 • 5 min read

JS Bank to Set Up Exchange Company

The Board of Directors of JS Bank Limited (PSX: JSBL) in their duly convened meeting held on August 27, 2024 approved th...

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News Update

28

Aug 2024

Aug 28, 2024 • 5 min read

Reliance Cotton Spinning Mills to Merge With Amer Cotton

The Board of Directors of Reliance Cotton Spinning Mills Limited (PSX: RCML) in their meeting held on August 28, 2024, a...

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News & Updates

PSX Gains Over 350 Points After Moody’s Rating Upgrade

PM Sets Ambitious $60 Billion Remittance Target for 2034

Hardee’s to Become Available at Multiple Fuel Stations Nationwide

A Remarkable Growth of 80% in Before Tax Profit: The Bank of Punjab Announces Financial Results for 1st Half of Year 2024

Pakistani Rupee Posts Losses Against US Dollar For Second Straight Day

Gold Rate in Pakistan Dips Slightly After Record-Breaking Run

PSX Appoints Nadeem Naqvi as Interim CEO

SBP Reserves Cross $9.4 Billion After Another Increase

Symmetry Group Launches Al-Powered Video Creation Platform

Pakistan Single Window Reports Rs. 135 Million Surplus Income in FY23

Pensioners Residing Abroad Drawing Pensions in Foreign Exchange

Moody’s Upgrades WAPDA Rating

PTA Caught Changing Long-Distance and International License Clauses Without Approval

Fauji Foundation Announces Intention to Acquire Control of Agha Steel

Govt Introduces More Incentives for Remittances to Pakistan

Finance Minister Chairs Review Meeting with Joint Venture Investment Companies

Moody’s Upgrades Pakistan’s Rating to Caa2 Citing Improving Macroeconomic Conditions

Pakistan’s Economy on Path of Progress and Development: PM Shehbaz

Commerce Minister Pledges Support for Leather, Footwear Industry

JS Bank to Set Up Exchange Company

Reliance Cotton Spinning Mills to Merge With Amer Cotton

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