Business
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Cement Prices Drop in Pakistan
Cement prices in Pakistan’s northern cities dropped slightly during the week ending January 2. According to the Pakistan Bureau of…
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KSE-100 Index Recovers After 2 Days of Losses
The capital market started Wednesday’s session on a positive note, making a strong recovery after two days of consecutive losses.…
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Prime Minister Shehbaz Sharif’s Day-Long Visit to Karachi
ISLAMABAD: Prime Minister Shehbaz Sharif arrived in Karachi on Wednesday for a day-long visit. During his time in the port…
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Oil Prices Dip as Market Faces Technical Correction and Supply Concerns
Oil prices fell on Tuesday, extending losses from the previous session. This marks a second consecutive day of decline following…
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Malaysia Lifts Lab Testing for Pakistani Oranges
Pakistan’s citrus industry has received a major boost with the removal of laboratory testing requirements for the export of oranges…
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KSE-100 Index Drops Amid Profit-Taking and Economic Concerns
The Pakistan Stock Exchange (PSX) began the week on a negative note as the KSE-100 index plunged by 1,332 points.…
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Saudi Riyal Stable Against Pakistani Rupee: Buying Rate at Rs 74.18
The Saudi Riyal (SAR) remains stable against the Pakistani Rupee (PKR) in the open market, with a buying rate of…
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Gold Rate Drops in Saudi Arabia: 24-Karat Gold Now at SAR 3,708 Per Tola
The rate of 24-karat gold in Saudi Arabia fell to SAR 3,708 per tola on Monday, January 6, 2025. According…
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Govt Unveils Plan to Double GDP and Slash Poverty by 2029
Prime Minister Shehbaz Sharif’s government has introduced the National Economic Transformation Plan to boost Pakistan’s economy. The plan aims to…
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Blast Targets Bus in Turbat, Balochistan: 4 Killed, 32 Injured
A blast targeted a passenger bus in Balochistan’s Turbat on Saturday, leaving four people dead and 32 injured. Police confirmed…
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Turkish Company Bids for Islamabad Airport Outsourcing
The financial bid for outsourcing the operations of New Islamabad Airport has officially been opened. The opening ceremony took place…
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Exchange Companies Handle $7 Billion in 2024
Karachi: Mr. Zafar Paracha, Secretary General of the Exchange Companies Association of Pakistan (ECAP), announced that exchange companies handled a…
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Mashreq Becomes First Bank to Launch Pilot Operations
Karachi: Mashreq Pakistan, a part of Mashreq Group, has received a restricted license from the State Bank of Pakistan (SBP)…
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Foreign Reserves Decrease, Total Reserves Show Modest Growth
Karachi: Pakistan’s official foreign reserves have decreased, while the country’s total reserves saw a slight increase. According to the latest…
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Veon Group Invests USD 15m in Mobilink Bank
Karachi: Veon Group, a global digital operator, has injected USD 15 million into Mobilink Bank. The investment aims to boost…
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Gold Prices Hit Record High in Pakistan on Friday
Gold prices in Pakistan have risen sharply, continuing their upward trajectory. The rate of one tola gold increased by Rs.…
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Punjab Govt Adopts PFVA Plan, Allocates Rs 1.5bn for Citrus Industry Revival
The Punjab government, in collaboration with PFVA, has unveiled a Rs. 1.5 billion investment plan to modernize the citrus industry,…
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PSX Starts 2025 with Record 1,900-Point Surge
KARACHI: The Pakistan Stock Exchange (PSX) started the new year with a record-breaking rally. The KSE-100 Index closed above the…
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Pakistan Meets IMF’s Tax Target Amid Economic Challenges
Prime Minister Shehbaz Sharif announced on Wednesday that Pakistan successfully met its December tax target set by the International Monetary…
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Gold Prices Soar to Historic Highs in 2024
Gold prices in 2024 hit historic highs, with international rates reaching $2,790 per ounce and local prices in Pakistan surging…
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Hajj 2025: 300 Seats Allocated for Low-Income Workers
ISLAMABAD: The Ministry of Religious Affairs and Interfaith Harmony has announced the Hajj Labour Quota for 2025, reserving 300 seats…
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Burjeel Holdings Acquires IziSpecialist in Makkah for SAR 6.5 Million
ABU DHABI: Burjeel Holdings PLC, listed on the Abu Dhabi Stock Exchange, has fully acquired IziSpecialist, a healthcare facility in…
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Nepra Calls for Review of Electricity Taxes, Uniform Tariff
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has asked the government to review Rs15.28 per unit taxes on electricity.…
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