News & Updates

News Update

28

Mar 2024

Mar 28, 2024 • 5 min read

DLL Board Approves Investment of Rs. 20 Million in Reon Alpha’s Right Issue

Dawood Lawrencepur Limited (DLL) Thursday announced that it will invest Rs. 20 million in Right Issue announced by Reon...

Read Full Article

News Update

28

Mar 2024

Mar 28, 2024 • 5 min read

World Bank Issues Debarment to 2 Pakistani Firms and An Individual For Fraud

The World Bank announced the debarment of the Pakistan-based consultancy company Solutions for Development Support (Pvt....

Read Full Article

News Update

28

Mar 2024

Mar 28, 2024 • 5 min read

LDA Demolishes Numerous Illegal Properties in Lahore

The Lahore Development Authority (LDA) has intensified its campaign against illegal constructions, undertaking a series...

Read Full Article

News Update

28

Mar 2024

Mar 28, 2024 • 5 min read

SECP Issues Updated Voluntary Pension System Rules

The individuals over the age of 18 years, who have a valid National Tax Number or a Computerized National Identity Card...

Read Full Article

News Update

28

Mar 2024

Mar 28, 2024 • 5 min read

National Accounts Committee to Approve GDP Estimates For Q2 FY24 Today

The National Accounts Committee (NAC) is scheduled to meet on Thursday (today) to approve the 2nd quarter (Q2) Gross Dom...

Read Full Article

News Update

28

Mar 2024

Mar 28, 2024 • 5 min read

SNGPL Clarifies Stance on Gas Price Determination Amidst Economic Fluctuations

In response to recent discussions and media reports highlighting concerns over inflated HR costs and the notable increas...

Read Full Article

News Update

28

Mar 2024

Mar 28, 2024 • 5 min read

Faysal Bank and Sehat Kahani Join Forces to Transform Healthcare Access in Pakistan

Faysal Bank, one of the leading Islamic financial institutions of Pakistan, has partnered with Sehat Kahani, a one-stop...

Read Full Article

News Update

28

Mar 2024

Mar 28, 2024 • 5 min read

President Urges Development of Pakistan’s Gems and Jewellery Sector

President Asif Ali Zardari has called for focusing on the development of the gems and jewellery sector of the country, s...

Read Full Article

News Update

28

Mar 2024

Mar 28, 2024 • 5 min read

SBP Makes Call Back Confirmation Mandatory on ASAAN Mobile Accounts

The State Bank of Pakistan (SBP) has directed commercial and microfinance banks (MFBs) to reinstate the regulatory pract...

Read Full Article

News Update

28

Mar 2024

Mar 28, 2024 • 5 min read

Pakistan Railways: Get Rid of It After PIA Sale

The future of Pakistan Railways is dead and should be next in line for privatization after Pakistan International Airlin...

Read Full Article

News Update

28

Mar 2024

Mar 28, 2024 • 5 min read

NEPRA Approves Rs. 2.75 Per Unit Hike in Electricity Prices for Three Months

The National Electric Power Regulatory Authority (NEPRA) on Thursday approved a Rs. 2.75 per unit increase in electricit...

Read Full Article

News Update

28

Mar 2024

Mar 28, 2024 • 5 min read

Maple Leaf Acquires 6 Million Shares in Agritech Ltd

Maple Leaf Cement Factory Limited (PSX: MLCF) has acquired 6 million voting shares of Agritech Limited (AGL), the cement...

Read Full Article

News Update

28

Mar 2024

Mar 28, 2024 • 5 min read

Jazz Partners with Huawei Pakistan to Accelerate Network Digitization through WISDOM Framework

Jazz, Pakistan’s leading digital operator, has entered into a strategic partnership with Huawei to accelerate its networ...

Read Full Article

News Update

28

Mar 2024

Mar 28, 2024 • 5 min read

Pakistan Agrees to Resolve 10% Spike in Import Duty on Afghan Transit Trade

Pakistan and Afghanistan have agreed to jointly resolve a dispute pertaining to a 10 percent increase in import duty on...

Read Full Article

News Update

28

Mar 2024

Mar 28, 2024 • 5 min read

Chairman MCB Islamic Bank’s Shari’ah Board Honored with Prestigious Sitara-e-Imtiaz

MCB Islamic Bank, the fastest growing and one of the six full-fledged Islamic banks in Pakistan is pleased to announce t...

Read Full Article

News Update

28

Mar 2024

Mar 28, 2024 • 5 min read

Govt Constitutes Cabinet Committee on Inter-Governmental Commercial Transactions

Prime Minister Shehbaz Sharif has constituted the Cabinet Committee on Inter-Governmental Commercial Transactions (CColG...

Read Full Article

News Update

28

Mar 2024

Mar 28, 2024 • 5 min read

Gold Price in Pakistan Posts Third Straight Increase as International Prices Rise

The price of gold in Pakistan continued its upward trend, rising for the third straight day on Thursday to settle at Rs....

Read Full Article

News Update

28

Mar 2024

Mar 28, 2024 • 5 min read

SBP Reserves Stay Above $8 Billion After Marginal Increase

The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $4 million on a weekly basis accordi...

Read Full Article

News Update

27

Mar 2024

Mar 27, 2024 • 5 min read

PSX Skyrockets to New All-Time High On IMF News, PIA Privatization

The Pakistan Stock Exchange (PSX) rallied to a new all-time high on Wednesday with authorities edging closer to a new de...

Read Full Article

News Update

27

Mar 2024

Mar 27, 2024 • 5 min read

Jazz Partners with Huawei to Boost Network Capacity to 400G Per Wavelength Using C+L Band Systems

Jazz, Pakistan’s leading digital operator, has partnered with Huawei to upgrade its long-haul backbone network to a pion...

Read Full Article

News Update

27

Mar 2024

Mar 27, 2024 • 5 min read

Light It Up with vivo V30 5G: Now Available in Pakistan

The next chapter in smartphone innovation has arrived with the launch of vivo V30 5G, now available in Pakistan at the p...

Read Full Article