News Desk

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Economy

Pakistan’s Current account posted a surplus of $128Mn in Feb

Pakistan’s current account posted a surplus of $128 million in February 2024, in contrast to a revised deficit of $303 million in the previous...

IMF and Pakistan has reached a staff level agreement on final bailout review

The International Monetary Fund (IMF) has reached a staff-level agreement with Pakistan on the final review of a $3 billion bailout, where the country...

MPC decided to hold the Policy rate steady at 22%

The Monetary Policy Committee (MPC) decided to hold the policy rate steady at 22 percent in its meeting held today. The MPC noted that despite...

MLCF’s subsidiary Novacare to build hospital with $110Mn investment

Novacare Hospitals (Private) Limited, a wholly owned subsidiary of Maple Leaf Cement Factory Limited (PSX: MLCF), will start constructing a state-of-the-art hospital in Islamabad...
PSX
News Desk

Agha Steels enlisted as manufacturer cum supplier to Military Engineering...

In a latest notification to the PSX, Agha Steel Industries announced that Military Engineering Services (MES) of Pakistan Army has enlisted Agha Steel Industries...
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Monetary Policy: SBP maintained the Policy rate at 7%

The Monetary Policy Committee (MPC) decided to maintain thepolicy rate at 7 percent. The MPC noted that since the last meeting in September, the...
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MCB Bank has informed that the sale of its wholly owned...

In a notification to PSX, MCB Bank Limited , has informed that the sale of its wholly owned subsidiary MCB Financial Services Limited (“MCBFSL”),...
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FBR selected TPL Trakker to avail its real-time video monitoring system

We are pleased to announce that the Federal Board of Revenue (“FBR”), after a rigorous qualification process, vide its approval letter dated November 23,...
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Avanceon Secures its Biggest Oil and Gas Contract to date in...

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PAKOXY approved an investment plan of Rs. 6.3Bn to setup an...

The Board of Directors of the Company in its meeting held on November 20, 2020 has approved an investment plan of about Rs. 6.3...