SBP Reserves Rise by $84 Million to $11.25 Billion
The State Bank of Pakistan (SBP) reported an increase of $84 million in its foreign exchange reserves on a weekly
PM Shehbaz Orders to Reduce Income Tax for Salaried Class
Minister of State for Revenue Ali Pervez Malik announced on Thursday that Prime Minister Shehbaz Sharif has instructed a reduction
Silkbank Reports Loss of Rs. 12.3 Billion in 2021
Silkbank Limited (PSX: SILK) has finally announced its financial results for the year ending December 31, 2021, revealing a substantial
Pakistani Banks Get Temporary Relief from High Court Against Govt Tax
About a dozen banks in Pakistan have obtained temporary relief from the Islamabad High Court regarding a government-imposed tax on
Bulls Drive PSX to Record High as KSE-100 Index Surpasses 94,000 Points
The Pakistan Stock Exchange (PSX) witnessed a strong buying momentum on Thursday, driven by index-heavy energy and banking stocks, propelling
BF Biosciences Kicks Off Production from Newly Commissioned Syringe Line
BF Biosciences Limited (PSX: BFBIO) has announced the successful commissioning of its combi filling and lyophilization lines, marking the start
Sazgar Engineering Announces Rs. 1.5 Billion Land Acquisition for Expansion
Sazgar Engineering Works Limited (SAZEW), a prominent Pakistani auto manufacturer, has announced plans to acquire land valued at approximately Rs.
Bank Alfalah Withdraws Bid to Acquire Majority Stake in Samba Bank
Bank Alfalah Limited (PSX: BAFL) has officially withdrawn its public announcement of its intention to acquire an 84.5 percent stake
IMF Warns Saudis May Tie $1.2 Billion Oil Facility for Pakistan on Reko Diq Deal
The International Monetary Fund (IMF) has expressed concerns regarding the stalled $1.2 billion Saudi Oil Facility (SOF) for Pakistan, warning
FBR Seeks Legal Clarification on Taxing SUVs as Electric Vehicles
In a recent meeting of the Senate Standing Committee on Finance and Revenue, chaired by Senator Saleem Mandviwalla, the Federal
