News & Updates

News Update

11

Mar 2024

Mar 11, 2024 • 5 min read

Arabian Sea Tensions Delay Islamabad’s Electric Bus Project

Islamabad’s urban transport project is facing delays due to Houthi attacks against Israel-bound ships in the Arabian Sea...

Read Full Article

News Update

11

Mar 2024

Mar 11, 2024 • 5 min read

Several Steps Still Needed to Finalize PIA Privatization

The privatization of Pakistan International Airlines (PIA) is proving to be a complex process with around 30 steps that...

Read Full Article

News Update

11

Mar 2024

Mar 11, 2024 • 5 min read

Saudi Arabia’s Obeikan Investment Group Partners With Pakistani Firm

InfoTech Group, a Pakistani information technology (IT) firm, and US-based Valyrian Systems Inc. have partnered with Sau...

Read Full Article

News Update

11

Mar 2024

Mar 11, 2024 • 5 min read

PSX Lists Mahaana Islamic Index Exchange Traded Fund (MIIETF)

Pakistan Stock Exchange has listed the Mahaana Islamic Index Exchange Traded Fund (MIIETF) managed by Mahaana Wealth Lim...

Read Full Article

News Update

11

Mar 2024

Mar 11, 2024 • 5 min read

PSX Announces Timings For Ramadan 2024

The Pakistan Stock Exchange (PSX) on Monday announced the designated schedule for the holy month of Ramadan (1445 A.H)....

Read Full Article

News Update

11

Mar 2024

Mar 11, 2024 • 5 min read

Commerce Ministry Asks Chinese Company to Manufacture Solar Panels in Pakistan

The Commerce Ministry has urged Chinese firm M/s Sinotec Solar (Pvt) Limited to collaborate with M/s Ghani Glass for loc...

Read Full Article

News Update

11

Mar 2024

Mar 11, 2024 • 5 min read

Visa and Western Union Announce Expanded Collaboration Transforming How Money Travels Cross-Border

Visa (NYSE: V) announced a 7-year agreement with Western Union (NYSE: WU) on Monday. Under the new deal, Western Union c...

Read Full Article

News Update

11

Mar 2024

Mar 11, 2024 • 5 min read

No Committee Chairmanships For Muhammad Aurangzeb After Becoming Advisor

Banker Muhammad Aurangzeb’s role in government committees will be limited as he is tipped for the position of Advisor to...

Read Full Article

News Update

11

Mar 2024

Mar 11, 2024 • 5 min read

Govt Tells Gas Companies to Secure Bank Financing For LNG Imports

The government has instructed Sui Northern Gas Company Limited (SNGPL) and Sui Southern Gas Company (SSGC) to secure nec...

Read Full Article

News Update

11

Mar 2024

Mar 11, 2024 • 5 min read

Pak Rupee Opens New Week With Losses Against US Dollar, Other Currencies

The Pakistani rupee reversed its two-day winning streak against the US Dollar after opening trade at 279 in the interban...

Read Full Article

News Update

10

Mar 2024

Mar 10, 2024 • 5 min read

Zero Lifestyle Levels Up: Global Sensation Fawad Khan Becomes the Face of ZERO’s Earbuds – ZBUDS!

Get ready to experience a fashion tech revolution! Zero Lifestyle, the innovative tech brand, just upped the ante on the...

Read Full Article

News Update

10

Mar 2024

Mar 10, 2024 • 5 min read

TopCity-1 Islamabad Hosts Event on Economic Revival of Pakistan

TopCity-1 Islamabad, a leading real estate brand of Pakistan, hosted a thought-provoking event titled “Economic Revival...

Read Full Article

News Update

09

Mar 2024

Mar 09, 2024 • 5 min read

SNGPL to Provide Uninterrupted Gas Supply During Sahr and Iftar in Ramazan

Sui Northern Gas has decided to ensure uninterrupted gas supply during Sahr and Iftar in the holy month of Ramazan. Acco...

Read Full Article

News Update

08

Mar 2024

Mar 08, 2024 • 5 min read

Abacus Wins 5 Best Practice Awards in Global Diversity, Equity & Inclusion Benchmarks 2023-24

Abacus, an international professional services firm committed to transforming clients through world-class technology, ou...

Read Full Article

News Update

08

Mar 2024

Mar 08, 2024 • 5 min read

FBR Orders to Issue Sales Tax Refunds Within A Month

After the issuance of sales tax refunds of Rs. 65 billion to five leading export sectors, the Federal Board of Revenue (...

Read Full Article

News Update

08

Mar 2024

Mar 08, 2024 • 5 min read

SECP Issues Concept Paper on Shariah-Compliant Brokerage Services

The Securities and Exchange Commission of Pakistan (SECP) has published a concept paper aimed at enabling Shariah-compli...

Read Full Article

News Update

08

Mar 2024

Mar 08, 2024 • 5 min read

Leading Urea Manufacturers to Invest $300 Million in Gas Project For Urea Production

Engro Fertilizers Ltd (PSX: EFERT), Fatima Fertilisers (PSX: FATIMA), and Fauji Fertilizer Company Limited (PSX: FFC) ha...

Read Full Article

News Update

08

Mar 2024

Mar 08, 2024 • 5 min read

IMF Willing to Give Pakistan New ‘Medium-Term’ Bailout Program

The International Monetary Fund (IMF) is willing to develop a new economic program for Pakistan. Should the new governme...

Read Full Article

News Update

08

Mar 2024

Mar 08, 2024 • 5 min read

Locally Assembled Cars Get Enormous Price Hike as FBR Imposes Another Huge Tax

Locally assembled or manufactured cars just got way more expensive after the latest tax hike by the regulator. The Feder...

Read Full Article

News Update

08

Mar 2024

Mar 08, 2024 • 5 min read

Engro Polymer CEO Tenders Resignation

Chief Executive Officer of Engro Polymer & Chemicals Limited (PSX: EPCL) Jahangir Piracha has opted for early retirement...

Read Full Article

News Update

08

Mar 2024

Mar 08, 2024 • 5 min read

Mobile Banking Transactions up Over 450% in FY 2022-23

Mobile banking transactions in Pakistan have experienced a significant surge, reaching Rs. 15 billion in the fiscal year...

Read Full Article