News & Updates

News Update

12

Feb 2024

Feb 12, 2024 • 5 min read

Attock Refinery Delays Annual Turnaround Till 18 February

Attock Refinery Limited (PSX: ATRL) has delayed its annual turnaround to February 18, 2024, the petroleum company inform...

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News Update

12

Feb 2024

Feb 12, 2024 • 5 min read

Dawood Lawrencepur Decides to Sell Wind Power Plant to Artistic Milliners Ltd

The Board of Directors of Dawood Lawrencepur Limited has approved entering into a Share Purchase Agreement with Artistic...

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News Update

12

Feb 2024

Feb 12, 2024 • 5 min read

Gold Price in Pakistan Remains Stable Despite Political Uncertainty

The price of gold in Pakistan remained unchanged at the start of the new week despite the ongoing political uncertainty....

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News Update

12

Feb 2024

Feb 12, 2024 • 5 min read

IMF Has No Interest in Negotiating With Caretaker Govt For Final Tranche of $1.1 Billion

Negotiations with the International Monetary Fund (IMF) to receive the third and final tranche of around $1.1 billion wi...

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News Update

12

Feb 2024

Feb 12, 2024 • 5 min read

CDA to Build New Housing Society on 10,000 Kanals in Islamabad

The Capital Development Authority (CDA) has decided to construct a housing scheme in collaboration with a private firm,...

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News Update

12

Feb 2024

Feb 12, 2024 • 5 min read

Petroleum Division Denies Reports of Delay in Circular Debt Reduction Plan

The Ministry of Energy (Petroleum Division) on Sunday dispelled “negative perception” created by some media reports rega...

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News Update

12

Feb 2024

Feb 12, 2024 • 5 min read

Mobilink Bank Set to Launch MobilinkHER Women Returnship Program

In a pioneering move to support women re-entering the workforce, Mobilink Bank is all set to unveil the MobilinkHER Retu...

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News Update

12

Feb 2024

Feb 12, 2024 • 5 min read

Ghani Chemicals to Enter Power Generation and Gas Businesses

Ghani Chemical Industries Limited (PSX: GCIL) has decided to enter into a power generation business and for this purpose...

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News Update

12

Feb 2024

Feb 12, 2024 • 5 min read

The Country is Bankrupt, Atif Mian Paints a Bleak Picture on Pakistan’s Future

Pakistani-American economist Atif Mian has painted a bleak picture of Pakistan’s economic future in the aftermath of the...

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News Update

12

Feb 2024

Feb 12, 2024 • 5 min read

Remittances Increase By 26% to $2.4 Billion in First Month of 2024

Remittances sent by overseas Pakistanis increased by 26 percent year-on-year (YoY) to $2.397 billion in January 2024 com...

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News Update

10

Feb 2024

Feb 10, 2024 • 5 min read

MCB Islamic Bank Posts Phenomenal Pre Tax Profit of PKR 10.6 Billion, Reflecting an Outstanding Growth of 230% FTY 2023

The Board of Directors of MCB Islamic Bank Ltd. in its meeting under the Chairmanship of Mr. Raza Mansha, reviewed the p...

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News Update

09

Feb 2024

Feb 09, 2024 • 5 min read

Crescent Cotton Board Approves Sale of Assets at Nishatabad

The board of directors of Crescent Cotton Mills Limited (CCM) has unanimously approved the sale/disposal of company’s as...

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News Update

09

Feb 2024

Feb 09, 2024 • 5 min read

PSX Crashes By Over 2,000 Points Over Election Results [Updated]

The Pakistan Stock Exchange (PSX) crashed by over 2,000 points as uncertainty surrounding the election outcomes weighed...

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News Update

09

Feb 2024

Feb 09, 2024 • 5 min read

SECP Imposed Penalties of Rs. 962 Million in First Half of FY24 Against Different Companies

The Securities and Exchange Commission of Pakistan (SECP), aided by its in-house Adjudication Division, aims to promote...

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News Update

09

Feb 2024

Feb 09, 2024 • 5 min read

SECP Unveils New Online Filing System eZfile

The Securities and Exchange Commission of Pakistan has announced the upcoming transition from its current online filing...

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News Update

09

Feb 2024

Feb 09, 2024 • 5 min read

Pakistan’s Dollar Bonds Crash Following Election Results

Pakistan’s sovereign bonds have fallen by up to 5 percent in the past 24 hours, with investors taken aback by the majori...

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News Update

09

Feb 2024

Feb 09, 2024 • 5 min read

Gold Price in Pakistan Remains Unchanged After Elections

The price of gold in Pakistan remained unchanged on Friday and stood at Rs. 215,500 per tola. According to data issued b...

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News Update

09

Feb 2024

Feb 09, 2024 • 5 min read

AGP Questions Earnings of Officers Serving As Board Members in 60 State-Owned Entities

The Auditor General of Pakistan has inquired about the true sources of income and tax contributions of Ministry of Finan...

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News Update

09

Feb 2024

Feb 09, 2024 • 5 min read

Timely Pakistan Election Results Will Reduce Policy and Political Uncertainty: Moody’s

Moody’s Investors Services (Moody’s) stated that a timely announcement of the results, leading to a smooth formation of...

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News Update

09

Feb 2024

Feb 09, 2024 • 5 min read

SBP Reserves Fall by $172 Million in One Week

The foreign exchange reserves held by the State Bank of Pakistan (SBP) fell by $172 million on a weekly basis according...

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News Update

09

Feb 2024

Feb 09, 2024 • 5 min read

Rupee Rises Slightly Against US Dollar to End Election Week

The Pakistani rupee gained slightly against the US Dollar today after opening trade at 280 in the interbank market. It w...

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