3 months ago IGI Group Acquires Akzo Nobel Pakistan for Rs. 16.2 Billion IGI Holdings Limited has announced that its subsidiary IGI Investments (Private) Limited has signed a Share Purchase Agreement to acquire
3 months ago Pakistani-Flagged Oil Tanker Exits Strait of Hormuz Carrying UAE Crude to Karachi A Pakistani-flagged oil tanker, Shalamar, has exited the Gulf through the Strait of Hormuz carrying crude oil loaded from the
3 months ago Rs. 1 Trillion Parked in Bank Accounts by SOEs Instead of Govt Fund, Senate Committee Alarmed The Senate Standing Committee on Finance expressed serious concern after being informed that more than Rs. 1,000 billion held by
3 months ago Car Financing Reaches Rs. 345 Billion After Rising for 16th Straight Month Pakistan’s auto financing maintained its upward trajectory in March, with outstanding car loans rising for the 16th consecutive month to
3 months ago FBR Cuts Property Valuation Rates in Islamabad by Up to 30% The Federal Board of Revenue (FBR) has reduced the valuation of immovable properties in Islamabad by 10 to 30 percent
3 months ago US Launches New Attack on Iran to Target Hezbollah Networks in Gulf Region The U.S. Treasury Department has launched a new sanctions campaign against Iran under the name “Operation Economic Fury,” aimed at
3 months ago Lebanon and Israel Agree to Short Ceasefire After US Intervention US President Donald Trump said on Thursday that Israel and Lebanon have agreed to implement a 10-day ceasefire following his
3 months ago Load Shedding Chaos Now Cripples Mobile Networks as Ufone Issues Warning Ufone users across Pakistan may face service interruptions as prolonged electricity load shedding continues to disrupt telecom operations nationwide. In
3 months ago $1.3 Billion Withdrawn from State Bank After Big Eurobond Payment Pakistan’s liquid foreign exchange reserves recorded a sharp weekly decline, falling by $1.37 billion and bringing the country’s total reserves
3 months ago Over $50 Billion Leaves Pakistan Because of Poor Investment Climate Federal Minister for Investment Qaiser Ahmed Sheikh has revealed that more than $50 billion has been transferred from Pakistan to