Business
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SBP Reserves Increase by $12.5 Million, Total Reserves Decline
The State Bank of Pakistan (SBP) reported a $12.5 million rise in its foreign exchange reserves, reaching $12.05 billion for…
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KCCI Urges SBP to Cut Policy Rate by 400 Basis Points
The Karachi Chamber of Commerce and Industry (KCCI) has called on the State Bank of Pakistan (SBP) to reduce the…
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Senate Panel Praises K-Electric’s Progress on Power Issues
The Senate Standing Committee on Power, led by Senator Mohsin Aziz, convened to address critical issues related to K-Electric, including…
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SECP Hosts 2nd International Islamic Capital Market Conference
Islamabad:Â The Securities and Exchange Commission of Pakistan (SECP), in collaboration with the Accounting and Auditing Organization for Islamic Financial Institutions…
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Jam Kamal Khan Chairs TDAP Board Meeting, Stresses Reforms
Islamabad: Federal Minister for Commerce, Jam Kamal Khan, chaired the 11th Board Meeting of the Trade Development Authority of Pakistan…
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Gold, Silver Rates in Pakistan: Stable on December 12
Gold prices in Pakistan remain stable as of Thursday, December 12, 2024. The current rates, reported from the Pakistan Sarafa…
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FPCCI Launches Pakistan-EU Forum to Strengthen Trade and Investment
Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has established the Pakistan-EU Forum. Announcing the initiative, FPCCI…
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Adani Group Withdraws US-backed Loan for Sri Lanka Port Project
India’s Adani Group has withdrawn its request for a $553 million loan from the United States International Development Finance Corporation…
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MOL Group Marks 25 Years; Minister Jam Kamal Khan Praises Role
Islamabad: MOL Group celebrated its 25th anniversary of operations in Pakistan with a gala dinner in Islamabad. Federal Minister for…
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ADB Approves $330 Million for Social Protection Programs in Pakistan
The Asian Development Bank (ADB) has approved an additional $330 million in funding to strengthen Pakistan’s social protection programs. The…
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PSX Hosts Gong Ceremony for Delegates of Islamic Capital Market Conference
Karachi:Â The Pakistan Stock Exchange (PSX) hosted a Gong Ceremony to welcome delegates of the 2nd International Islamic Capital Market Conference…
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Pakistani Rupee Weakens Against US Dollar on December 11
As of Wednesday, December 11, 2024, the Pakistani Rupee (PKR) is trading at Rs. 278.19 against the US Dollar (USD).…
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Gold Prices Reach Record Levels in Pakistan on December 11
Gold prices in Pakistan reached record levels on Wednesday, December 11, 2024. According to the Pakistan Sarafa Market, the price…
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Govt Approves Sale of PIA Unit to PAF for Rs2.5 Billion
The government has decided to sell the Precession Engineering Complex (PEC), a business unit of Pakistan International Airlines (PIA), to…
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SECP Approves Strategic Action Plan to Eliminate Riba by 2028
The Securities and Exchange Commission of Pakistan (SECP) has approved a comprehensive Strategic Action Plan 2024-2026 to promote Islamic finance…
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Gold and Silver Rates in Pakistan as of December 10
The latest gold and silver rates in Pakistan reveal fluctuations in the precious metals market. Both gold and silver prices…
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KSE-100 Index Reaches Historic High, Surpasses 111,000 Points
The Pakistan Stock Exchange (PSX) achieved a major milestone on Monday as the KSE-100 index crossed the 111,00 points for…
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PSX Hits Historic High, KSE-100 Index Crosses 110,000 Points
The Pakistan Stock Exchange (PSX) achieved a historic milestone as the KSE-100 Index crossed the 110,000-point mark during trading on…
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SECP Concludes Landmark Consultation on Insolvency and Debt Enforcement
The Securities and Exchange Commission of Pakistan (SECP) has taken a major step in reforming the insolvency and debt enforcement…
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Gold Prices Decline in Global and Local Markets
Gold prices experienced a notable dip on Saturday, both internationally and in local markets, signaling an opportunity for buyers amid…
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New Tariff Agreement Signed with Safe Power Company
Islamabad: The Ministry of Energy has successfully renegotiated a power purchase agreement with Safe Power Company, sources confirmed. The company’s…
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NEPRA Approves Winter Package with Electricity Discounts
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Friday approved the Winter Package proposed by the federal government, offering…
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Bitcoin Hits Historic $100,000 Amid Crypto Optimism
Bitcoin, the world’s leading cryptocurrency, reached a milestone by surpassing $100,000 for the first time, signaling a significant moment in…
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