News & Updates

News Update

13

Dec 2023

Dec 13, 2023 • 5 min read

Pakistani-Led Health Company Raises Nearly $1 Billion in Latest IPO

Pure Health, the largest healthcare platform in the Middle East, has raised $986 million (AED 3.62 billion) from its ini...

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News Update

13

Dec 2023

Dec 13, 2023 • 5 min read

FTO Thrashes FBR for Suddenly Moving Dealer’s Jurisdiction Office 450km Away

Federal Tax Ombudsman (FTO) has declared that the transfer of jurisdiction of a taxpayer 450 km away from the place of b...

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News Update

13

Dec 2023

Dec 13, 2023 • 5 min read

Price of Gold in Pakistan Falls for Third Straight Day This Week

The price of gold in Pakistan fell for the third straight day during the current week to settle at Rs. 212,600 per tola....

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News Update

13

Dec 2023

Dec 13, 2023 • 5 min read

How to Apply for National Bank’s New General Banking Officer Jobs

The National Bank of Pakistan (NBP) is looking for highly motivated, confident, and career-oriented individuals to join...

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News Update

13

Dec 2023

Dec 13, 2023 • 5 min read

FBR Sets Up Committee Over Pending Income Tax Refunds Issue

The Federal Board of Revenue (FBR) has constituted a committee for suggesting measures for immediate payment of pending...

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News Update

13

Dec 2023

Dec 13, 2023 • 5 min read

Rupee Rises 2nd Day in a Row Against US Dollar After SBP Decision

The Pakistani rupee rose higher 2nd day in a row against the US Dollar today after opening trade at 283 in the interbank...

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News Update

13

Dec 2023

Dec 13, 2023 • 5 min read

PSX Crashes By Nearly 2,000 Points After Supreme Court Decision [Updated]

Bears ran riot at the Pakistan Stock Exchange (PSX) today, with the benchmark KSE-100 index losing over 1,900 points in...

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News Update

13

Dec 2023

Dec 13, 2023 • 5 min read

The Role of Agile Methodology in Software Development

In an era where adaptation is crucial, and customer demands can shift in a heartbeat, Agile methodology, supplemented by...

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News Update

13

Dec 2023

Dec 13, 2023 • 5 min read

Fitch Affirms Pakistan at ‘CCC’ Amid High External Funding Risks

Fitch Ratings has affirmed Pakistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘CCC’. Fitch typically d...

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News Update

13

Dec 2023

Dec 13, 2023 • 5 min read

Nestlé Powers PKR 2 Billion Renewable Energy Investment in Pakistan

Nestlé reaffirms its commitment to Pakistan’s vision for renewable energy with an investment of PKR 2 billion in renewab...

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News Update

13

Dec 2023

Dec 13, 2023 • 5 min read

Caretaker Govt Cancels 137 Development Projects Worth Rs. 116 Billion to Appease IMF

In a significant move to appease the International Monetary Fund, the caretaker government has decided to terminate a to...

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News Update

13

Dec 2023

Dec 13, 2023 • 5 min read

OICCI Takes Lead in Shaping Private Sector Climate Action At COP28

The Overseas Investors Chamber of Commerce & Industry (OICCI) demonstrated its commitment to driving meaningful climate...

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News Update

13

Dec 2023

Dec 13, 2023 • 5 min read

‘Innovation Challenge Futuremakers’ Demo Day Success Leads to 3-Year Extension

Innovation Challenge Futuremakers (ICF), Pakistan’s pioneering Fast-Track Acceleration Program for Persons with Disabili...

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News Update

13

Dec 2023

Dec 13, 2023 • 5 min read

World Bank Estimates Pakistan’s Total External Debt Stock at $127 Billion

The World Bank has estimated Pakistan’s total external debt stocks at $126.942 billion by end 2022 compared to $130.873...

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News Update

13

Dec 2023

Dec 13, 2023 • 5 min read

Fuel Oil Exports Set to Cross Record 150,000 Tons in December 2023

Pakistan’s fuel oil exports are tipped to cross 150,000 tons in December 2023 due to poor local demand and stagnated ele...

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News Update

13

Dec 2023

Dec 13, 2023 • 5 min read

Zong 4G Partners with SnappRetail to Integrate Mobile Top-Ups Via Easy Load for Prepaid Recharge

Zong 4G, Pakistan’s leading telecommunication network, has partnered with SnappRetail Pakistan to introduce Zong’s Swift...

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News Update

12

Dec 2023

Dec 12, 2023 • 5 min read

OGDCL Increases Gas Production from Kunnar Pasakhi Deep Field

Oil & Gas Development Company Limited (OGDCL) has successfully re-injected six low-pressure wells from the Kunnar Pasakh...

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News Update

12

Dec 2023

Dec 12, 2023 • 5 min read

Punjab Govt Imposes Ban on Slaughter of Female Animals

The government of Punjab has imposed a ban on the slaughter of useful female animals across the province. According to S...

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News Update

12

Dec 2023

Dec 12, 2023 • 5 min read

Tetra Pak Extends Nutrition Partnership with Islamabad United for the Sixth Year

Tetra Pak Pakistan announced the extension of their partnership with Islamabad United as its official nutrition partner...

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News Update

12

Dec 2023

Dec 12, 2023 • 5 min read

Dubai Department of Economy And Tourism Unveils Ambitious Plans to Welcome More Pakistani Visitors in 2024

Dubai’s Department of Economy and Tourism (DET) is making significant strides to increase tourist arrivals from Pakistan...

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News Update

12

Dec 2023

Dec 12, 2023 • 5 min read

Fatima Fertilizer to Buy 33.3% Stake in National Resources (Pvt) Ltd

Fatima Fertilizer Company Limited (PSX: FATIMA) has decided to acquire up to 34.8 million ordinary shares in its associa...

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