Global Footprint: BOP to establish Wholesale Banking Unit in Bahrain and Representative Office in UAE”
The Board of Directors of the Bank of Punjab (BOP) has approved the business plan to establish a Wholesale Banking Unit in the Kingdom...
MARI’s subsidiary secure mineral exploration licenses in the Chagai district of Balochistan.
The Directorate General Mines & Minerals Balochistan has granted two Exploration Licenses EL-322 and EL-323, and allotted area of 501.03 sq. km and 512.76...
Government Greenlights Tax-Heavy Budget Ahead of Crucial IMF Loan Talks
Pakistan’s parliament on Friday passed the government’s tax-heavy finance bill for the coming fiscal year ahead of more talks on a new bailout with...
KSE 100 Skyrockets to Historic 78k Milestone!
The Pakistan Stock Exchange (PSX) experienced a buying frenzy as the benchmark KSE-100 index surged by over 1,500 points during the opening hours of...
Panther Tyres successfully raises Rs2.632bn through book building
Panther Tyres Limited raised funds worth Rs2.63 billion through a book building process at the Pakistan Stock Exchange (PSX) on Thursday.
The company strike price clocked in...
Fauji Foundation to acquire majority stake in Silk Bank
In a latest notification to PSX, Fauji Foundation (FF) has expressed its intention to acquire majority stake in Silk Bank Limited (PSX:SILK).
As a...
Corporate Result: Fauji Fertilizer Company Annual Earnings observe growth of 72%
In a latest notification to the PSX, the Fauji Fertilizer Company Ltd (PSX:FFC) announced the result for the year ended December 31, 2020. The...
HUBC’s subsidiary & Central Power Purchasing Agency signed an agreement in...
In a latest ntoification to the Pakistan Stcok Exchange, the Hub Power Company Limited (HUBC) announced that the Narowal Energy Limited (a wholly-owned subsidiary...
MPC: Policy rate remains stable at 7%
The Monetary Policy Committee (MPC) decided to maintain the policy rate at 7 percent. The MPC noted that since the last meeting in November,...
CHCC to undertake BMR for Cement Line 1
CHCC has announced that it has decided to undertake BMR for Cement Line 1 & install a main Crusher. These measures will help improve...