PSX Rebounds to All-Time High as KSE-100 Index Surges Over 1,900 Points
The Pakistan Stock Exchange (PSX) rebounded strongly on Wednesday, with the benchmark KSE-100 Index gaining 1,913.56 points, or 1.76%, to
SECP Aims for 70% Women Clients in Non-Bank Microfinance Companies Over Next 5 Years
The Securities and Exchange Commission of Pakistan (SECP) has unveiled the Women Equality in Finance Policy Framework (WEFP) for Non-Bank
Gold Prices Resume Upward Trend Following Stable Period in Pakistan
Gold prices in Pakistan recorded a sharp increase on Wednesday, mirroring a rise in international rates. In the local market,
MCB Bank Appoints Muhammad Nauman Chughtai as New President & CEO
MCB Bank Limited (PSX: MCB) has announced the appointment of Muhammad Nauman Chughtai as its new President and Chief Executive
ADB Revises Pakistan’s FY25 Growth Forecast Upwards to 3%
Pakistan’s growth in fiscal year 2025 is projected at 3 percent, revised upwards from 2.8 percent while revised downward the
OGDCL-Led Joint Venture Wins 49% Stake in Miran Block
joint venture (JV) led by the Oil and Gas Development Company Limited (OGDCL) has successfully secured a 49% stake in
IMF Approves Waiver of 18% Sales Tax on Leased Aircraft for PIA
The International Monetary Fund (IMF) has approved a waiver of the 18% sales tax on leased aircraft for Pakistan International
Pakistan Auto Sales Drop 22% MoM in November 2024 Amid Year-End Impact
Pakistan’s automobile industry witnessed a 22% month-on-month (MoM) decline in car sales during November 2024, with total sales clocking in
Federal Cabinet Approves Settlement with Eight IPPs to Slash Power Tariffs
The Federal Cabinet, chaired by Prime Minister Shehbaz Sharif, approved settlement agreements with eight independent power producers (IPPs) operating on
Asian Development Bank Approves $200 Million Loan for Power Distribution Project in Pakistan
The Asian Development Bank (ADB) has approved a $200 million loan to modernize power distribution infrastructure in Pakistan and improve
