News & Updates

News Update

06

May 2024

May 06, 2024 • 5 min read

Budget 2024-25 Preparations Delayed As Govt Seeks IMF Input on Literally Everything

Preparations for the new Federal Budget 2024-25 are facing massive delays as the government prepares to consult on each...

Read Full Article

News Update

06

May 2024

May 06, 2024 • 5 min read

Fast Cables Preparing Rs. 3 Billion IPO At PSX This Month

Lahore-based Fast Cables Limited is preparing for one of Pakistan’s largest share listings this month to raise at least...

Read Full Article

News Update

06

May 2024

May 06, 2024 • 5 min read

ADB Reaffirms Support For Pakistan in Areas of Finance, Energy, Climate

President Asian Development Bank (ADB) Masatsugu Asakawa in his meeting with the Pakistan delegation led by Ahad Khan Ch...

Read Full Article

News Update

06

May 2024

May 06, 2024 • 5 min read

50% RAAST IDs Belong to JazzCash Account Holders

JazzCash has not just established itself, but has truly excelled as a leader in Pakistan’s evolving financial ecosystem,...

Read Full Article

News Update

06

May 2024

May 06, 2024 • 5 min read

SECP Approves PIA’s Scheme of Arrangement

The Securities and Exchange Commission of Pakistan (SECP) has approved the Scheme of Arrangement between Pakistan Intern...

Read Full Article

News Update

06

May 2024

May 06, 2024 • 5 min read

Kistpay Emerges as Champion in the Pitch Competition at IsDB Group Annual Meetings 2024

Kistpay, a leading innovator in digital and financial inclusion solutions, proudly announces its victory as the champion...

Read Full Article

News Update

06

May 2024

May 06, 2024 • 5 min read

SECP Issues Position Paper on Shariah-Compliant Brokerage Services

The Securities and Exchange Commission of Pakistan (SECP) has approved amendments in the Securities Brokers (Licensing a...

Read Full Article

News Update

06

May 2024

May 06, 2024 • 5 min read

Saudi Crown Prince to Visit Pakistan to Spearhead $5 Billion Investments This Month

Saudi Crown Prince Mohammed Bin Salman is expected to visit Pakistan this month, foreign ministry sources told ProPakist...

Read Full Article

News Update

06

May 2024

May 06, 2024 • 5 min read

Wheat Flour Now More Expensive At Utility Stores Than Market

Price of flour at Utility Stores has failed to budge compared to cheaper rates in the general market, according to data...

Read Full Article

News Update

06

May 2024

May 06, 2024 • 5 min read

Telcos Claim FBR’s Order to Block Mobile SIMs is Illegal

Telecom operators have asked the Ministry of Information Technology and Telecommunication and the Pakistan Telecommunica...

Read Full Article

News Update

06

May 2024

May 06, 2024 • 5 min read

Finance Minister Pitches Pakistan’s IT and Agriculture Sectors to International Investors

A delegation of International Investors called on Finance Minister Muhammad Aurangzeb to delve into the economic dynamic...

Read Full Article

News Update

06

May 2024

May 06, 2024 • 5 min read

Dawood Hercules and Engro Corp Approve Restructuring Plan to Increase Investment Opportunities

The Boards of Dawood Hercules Corporation Limited (DH Corp) and Engro Corporation Limited (Engro Corp) have, in principl...

Read Full Article

News Update

06

May 2024

May 06, 2024 • 5 min read

FBR Chairman Links Revenue Shortfall to Large-Scale Transfers

Federal Board of Revenue (FBR) Chairman Malik Amjed Zubair Tiwana has linked the revenue shortfall suffered by FBR to th...

Read Full Article

News Update

06

May 2024

May 06, 2024 • 5 min read

CCP Announces Shocking Decision on PTCL-Telenor Merger

An investigation by the Competition Commission of Pakistan (CCP) has provisionally concluded that Pakistan Telecommunica...

Read Full Article

News Update

06

May 2024

May 06, 2024 • 5 min read

Gold Price in Pakistan Rebounds After Multiple Losses 

The price of gold in Pakistan rose on Monday after dropping by Rs. 6,400 per tola last week. According to data issued by...

Read Full Article

News Update

06

May 2024

May 06, 2024 • 5 min read

Agritech Limited Resumes Urea Production

Agritech Limited (PSX: AGL) has resumed urea production at its plant after conclusion of the scheduled maintenance activ...

Read Full Article

News Update

05

May 2024

May 05, 2024 • 5 min read

FBR to Block Non-Filer SIMs This Month Despite PTA’s Refusal

After the refusal of the Pakistan Telecommunication Authority (PTA), the Federal Board of Revenue (FBR) has decided to s...

Read Full Article

News Update

04

May 2024

May 04, 2024 • 5 min read

IGATEX PAKISTAN Mega Textile Exhibition Sets New Industry Standards

IGATEX PAKISTAN, the country’s premier Garment, Textile & Digital Printing Machinery and Accessories Exhibition, conclud...

Read Full Article

News Update

04

May 2024

May 04, 2024 • 5 min read

PIA One Step Closer to Privatization With CCP Approval

The Competition Commission of Pakistan (CCP) has approved a Scheme of Arrangements for the acquisition of 100% sharehold...

Read Full Article

News Update

03

May 2024

May 03, 2024 • 5 min read

Arif Habib, Gerry’s Group Bid For Majority Stake in PIA

Tycoon Arif Habib and Gerry’s Group have emerged as key contenders among the initial ten bidders for Pakistan Internatio...

Read Full Article

News Update

03

May 2024

May 03, 2024 • 5 min read

Cement Sales Slightly Down in April 2024

Cement dispatches in Pakistan dipped 0.29 percent year-over-year (YoY) in April to reach 2.943 million tons (MTs) compar...

Read Full Article