Fauji Foundation Announces Intent to Acquire Agha Steel Industries
In a significant development for the steel industry, Agha Steel Industries Limited (PSX: AGHA) announced on Thursday that it has
Hi-Tech Lubricants Ltd. Partners with MDS Foods to Expand Hardee’s Restaurants Across Pakistan
Hi-Tech Lubricants Limited, the renowned manufacturer of ZIC Brand Lubricants in collaboration with SK Enmove Co. Ltd. from South Korea,
PM Shehbaz Targets $60 Billion in Remittances by 2034 with New Overseas Initiatives
In a bold move to bolster the nation’s economy, the Prime Minister has set an ambitious target to increase remittances
Pakistan Sees 64.5-Fold Surge in Profit Repatriation in July 2024
The repatriation of profits and dividends from foreign investments in Pakistan soared to $139 million in July 2024, marking a
CCP Claims Sole Jurisdiction to Tackle Deceptive Marketing Practices
The Competition Commission of Pakistan (CCP) has confirmed its exclusive jurisdiction to prevent and prohibit anti-competitive practices under Chapter II,
Senate Committee Raises Concerns Over High Interest Rates Charged by Islamic Banks
The Senate Standing Committee on Finance has instructed the State Bank of Pakistan (SBP) to deliver a comprehensive briefing on
Faysal Bank Reports Profit of Rs. 13.3 Billion in H1 2024
Faysal Bank Limited (FBL), one of the leading Islamic banks in Pakistan, continued with its growth stride and has announced
One Submarine Cable Fixed, One More to Go: PTA Shares Update on Internet Slowdown
The ongoing internet slowdown across the country is mainly due to a fault in two (SMW4 , AAE-1) of the
JS Bank To Set up a Currency Exchange Company
The Board of Directors of JS Bank Limited (PSX: JSBL) has approved the establishment of a new currency exchange company
Moody’s Upgrades Pakistan’s Rating to Caa2 Due to Improving Macroeconomic Conditions
Moody’s Ratings (Moody’s) has upgraded the Government of Pakistan’s local and foreign currency issuer and senior unsecured debt ratings to
