News & Updates

News Update

22

Feb 2024

Feb 22, 2024 • 5 min read

Imran Khan to Write Letter to IMF Seeking “Election Audit”

Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan will write a letter to the International Monetary Fund (IMF) asking it...

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News Update

22

Feb 2024

Feb 22, 2024 • 5 min read

Toyota Indus Motors Posts 89% Profit Growth in First 6 Months of FY24

Indus Motors Company Limited (PSX: INDU) announced its financial result for 1HFY24 today. posting a profit after tax of...

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News Update

22

Feb 2024

Feb 22, 2024 • 5 min read

Google, Facebook, Others Raise Concern Over Faulty Definition of Pakistani Tax Law

The Asia Internet Coalition (AIC) comprising global digital media giants has expressed serious concern over the implicat...

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News Update

22

Feb 2024

Feb 22, 2024 • 5 min read

Pak Rupee Rises 2nd Day in a Row Against US Dollar

The Pakistani rupee rose second day in a row against the US Dollar today after opening trade at 279 in the interbank mar...

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News Update

22

Feb 2024

Feb 22, 2024 • 5 min read

ZTBL to Offer its Services For Corporate Farming

Major General Shahid Nazir, HI(M) Director General Strategic Projects, called on President/CEO ZTBL Tahir Yaqoob Bhatti...

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News Update

22

Feb 2024

Feb 22, 2024 • 5 min read

Ghani Chemical Industries Ltd Raises Rs. 800 Million From Privately Placed Sukuk

Ghani Chemical Industries Limited (PSX: GCIL) has received financing in the form of privately placed and secured long-te...

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News Update

22

Feb 2024

Feb 22, 2024 • 5 min read

Finance Ministry Defends Borrowing Record Under Caretaker Setup

The Ministry of Finance Thursday said that borrowings in the caretaker government’s term have been lower as compared to...

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News Update

22

Feb 2024

Feb 22, 2024 • 5 min read

Pearl-Continental Bhurban Achieves 100% Compliance in ISO-22000 & HACCP Recertifications for the Second Year

Pearl-Continental Hotel, Bhurban, has been recertified by ISO-22000:2018 and HACCP, an esteemed international standard f...

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News Update

22

Feb 2024

Feb 22, 2024 • 5 min read

Nearly 100 Illegal Housing and Farming Schemes Operating in Islamabad

As many as 98 illegal agro-farming and housing schemes are operating in Islamabad’s Zones 3 & 4 according to Capital Dev...

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News Update

22

Feb 2024

Feb 22, 2024 • 5 min read

Cabinet Approves Ramazan Relief Package

The Federal Cabinet has approved the Rs. 7.4 billion Ramazan Relief Package to provide relief to the general public duri...

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News Update

22

Feb 2024

Feb 22, 2024 • 5 min read

Fauji Fertilizer Company Announces Increase in Urea Prices

Fauji Fertilizer Company Ltd (FFC) has increased urea prices by Rs. 171 per bag. According to an update by JS Research,...

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News Update

22

Feb 2024

Feb 22, 2024 • 5 min read

Mobilink Bank Witnesses 72% Revenue Growth, Championing Inclusive Banking for Women and SMEs

Mobilink Bank achieved multiple financial milestones in 2023, solidifying its position in the banking industry. With a r...

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News Update

22

Feb 2024

Feb 22, 2024 • 5 min read

Pakistan Inches Closer to $1.1 Billion Final Tranche From IMF

Significant progress has been made by Pakistan towards fulfilling the conditions set by the International Monetary Fund...

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News Update

22

Feb 2024

Feb 22, 2024 • 5 min read

National Bank Posts Highest Ever Annual Profit in 2023

National Bank of Pakistan posted a profit after tax of Rs. 53 billion in the calendar year ended December 31, 2023, up 7...

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News Update

22

Feb 2024

Feb 22, 2024 • 5 min read

Toyota IMC to Invest Rs. 3 Billion in Local Production of Auto Parts

The Board of Directors of Indus Motor Company Limited (PSX: INDU) has approved an investment of around Rs. 3 billion for...

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News Update

22

Feb 2024

Feb 22, 2024 • 5 min read

Nayatel Partners with ExitLag to Deliver Lag-Free Gaming Experience Across Pakistan

Nayatel, one of the leading telecommunication companies in Pakistan, has partnered with ExitLag to bring one of the best...

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News Update

22

Feb 2024

Feb 22, 2024 • 5 min read

Mashreq Bank Pakistan Appoints Muhammad Hamayun Sajjad As CEO

Mashreq, one of the leading financial institutions in the MENA region has announced the appointment of Muhammad Hamayun...

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News Update

22

Feb 2024

Feb 22, 2024 • 5 min read

Gold Price in Pakistan Increases for Fourth Straight Day This Week

The price of gold in Pakistan increased for the fourth straight day during the current week on Thursday to settle at Rs....

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News Update

21

Feb 2024

Feb 21, 2024 • 5 min read

Zong 4G & BaKhabar Kisan Have Partnered to Promote Urban Farming/Agri-Tech in Pakistan

Zong 4G, Pakistan’s leading telecommunication organization Zong 4G, has collaborated with BaKhabar Kisan to facilitate s...

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News Update

21

Feb 2024

Feb 21, 2024 • 5 min read

Rupee Recovers Against US Dollar After Late Night Surprise

The Pakistani reversed losses against the US Dollar today after opening trade at 280 in the interbank market following s...

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News Update

21

Feb 2024

Feb 21, 2024 • 5 min read

MG CKD Plant Achieves Cloud-Based SAP S/4HANA Implementation

MG Motor Pakistan has achieved a significant milestone in its technological journey with the successful adoption of Clou...

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