News & Updates

News Update

04

Apr 2024

Apr 04, 2024 • 5 min read

FBR Announces Privileges for Top Taxpayers Under Pakistan Honour Card Scheme

The Federal Board of Revenue (FBR) has announced privileges for the top taxpayers, who received awards from the Prime Mi...

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News Update

04

Apr 2024

Apr 04, 2024 • 5 min read

Pakistan, Azerbaijan Aim to Boost Economic Ties

Federal Minister for Commerce, Jam Kamal Khan, and Ambassador of Azerbaijan to Pakistan, Khazar Farhadov, met on Thursda...

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News Update

04

Apr 2024

Apr 04, 2024 • 5 min read

Next-Generation Managed Services to Streamline Pakistan’s Motorway IT Operations

In a landmark move, a partnership has been signed to revolutionize IT operations on Pakistan’s motorways. This partnersh...

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News Update

04

Apr 2024

Apr 04, 2024 • 5 min read

Wheat Price Fixed At Rs. 3,900 Per 40Kg in Punjab

The Punjab cabinet has set the wheat support price at Rs. 3,900 per 40kg. This decision, made during the 5th cabinet mee...

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News Update

04

Apr 2024

Apr 04, 2024 • 5 min read

Banks to Remain Closed for 3 Days Next Week

The State Bank of Pakistan (SBP) announced on Friday that it will remain closed from 10th to 12th April, 2024, (Wednesda...

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News Update

04

Apr 2024

Apr 04, 2024 • 5 min read

Pearl-Continental Hotel, Muzaffarabad Attains ISO-22000-2018 and HACCP Recertification for the Second Year Running

Pearl-Continental Hotel, Muzaffarabad has been recertified by ISO 22000:2018 and HACCP, an esteemed international standa...

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News Update

04

Apr 2024

Apr 04, 2024 • 5 min read

Pak Rupee Down 2nd Consecutive Day Against US Dollar

The Pakistani rupee fell second day in a row against the US Dollar after opening trade at 279 in the interbank market. I...

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News Update

04

Apr 2024

Apr 04, 2024 • 5 min read

Engro Energy Signs Agreement to Sell Its Thermal Energy Assets to Consortium for Rs. 35 Billion

Engro Energy Limited (EEL), a wholly owned subsidiary of Engro Corporation Limited (PSX: ENGRO), has entered into a Shar...

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News Update

04

Apr 2024

Apr 04, 2024 • 5 min read

Pakistan Likely to Achieve PDL Collection Target for FY24 Despite Low Industry Sales

OMC sales clocked in at 1.15 million tons for March 2024, up 4 percent/3 percent on a YoY/MoM basis. The monthly increas...

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News Update

04

Apr 2024

Apr 04, 2024 • 5 min read

Gold Price in Pakistan Breaks All Previous Records to Hit All-Time High

The price of gold in Pakistan surged to a record high of Rs. 241,100 per tola on Thursday. According to data issued by t...

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News Update

04

Apr 2024

Apr 04, 2024 • 5 min read

Has PIA Cleared its Debt So Far?

Pakistan International Airlines Corp (PIAA) has officially refuted claims of debt clearance or loan shifting at this tim...

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News Update

04

Apr 2024

Apr 04, 2024 • 5 min read

Pakistan Needs $120 Billion External Financing in Next 5 Years to Avoid Default

Pakistan needs $120 billion in external financing for the next five years and faces a default-like crisis. The Pakistan...

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News Update

04

Apr 2024

Apr 04, 2024 • 5 min read

PSX Crosses 68,000 For First Time in History

The Pakistan Stock Exchange (PSX) rallied to a new all-time high on Thursday, surpassing its previous high of 67,873 see...

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News Update

04

Apr 2024

Apr 04, 2024 • 5 min read

PSX to Remain Closed for 5 Days Next Week

Pakistan Stock Exchange will remain closed for five days i.e. Wednesday, Thursday, Friday, Saturday, and Sunday next wee...

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News Update

03

Apr 2024

Apr 03, 2024 • 5 min read

Reshuffle Sees Transfer of Five Senior Inland Revenue Service Officials

The Federal Board of Revenue (FBR) has transferred and posted five senior officials of the Inland Revenue Service (BS-20...

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News Update

03

Apr 2024

Apr 03, 2024 • 5 min read

Millat Tractors Barred From Selling Nearly 1,000 Tractors to Any Third Party

The Chief Justice of Sindh High Court (SHC) has stopped a leading tractor manufacturer Millat Tractors Limited from sell...

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News Update

03

Apr 2024

Apr 03, 2024 • 5 min read

Raqami Islamic Digital Bank Leaders Honored with National Awards on Pakistan Day

Raqami Islamic Digital Bank Limited is proud to announce that two of its esteemed leaders have been honored with the pre...

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News Update

03

Apr 2024

Apr 03, 2024 • 5 min read

PRL, Air Link Withdraw Bid to Buy 77.4% Stake in Shell Pakistan Ltd

Pakistan Refinery Limited (PSX: PRL) and Air Link Communication Limited (PSX: AIRLINK) have withdrawn their intention to...

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News Update

03

Apr 2024

Apr 03, 2024 • 5 min read

Gold Price in Pakistan Set to Hit Record High

The price of gold in Pakistan inched closer to the all-time high mark of Rs. 240,000 per tola on Wednesday. According to...

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News Update

03

Apr 2024

Apr 03, 2024 • 5 min read

JazzCash Launches Islamic Savings with Highest Daily Halal Profits

JazzCash, Pakistan’s largest fintech organisation, has launched its Islamic Savings product with the highest daily halal...

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News Update

03

Apr 2024

Apr 03, 2024 • 5 min read

VSAT Services: Bridging Connectivity Gaps in Remote Areas

In an era where digital connectivity enriches lives around the globe, vast swathes of our planet remain in digital isola...

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