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System Ltd to acquire 100% stake in National Data Consultant

Systems Limited has entered into a term sheet with the sponsor shareholders of National Data Consultant (Pvt.) Limited (“NdcTech”) for the acquisition of 100%...

PTI supporters hold Countrywide rallies

Supporters of the Pakistan Tehreek-e-Insaf (PTI) held rallies in various parts of the country, protesting against the "foreign conspiracy" they say was behind the...

Imran Khan ousted as a Prime Minister in a No-Confidence Vote

Pakistan's Prime Minister Imran Khan has been ousted from power after losing a no-confidence vote in his leadership. The vote was held past midnight after...

National Assembly to elect Pakistan Prime Minister on Monday

The session of the National Assembly to elect a new Leader of the House will meet today at 2pm, after Imran Khan was removed...

SBP raised the Policy rate by 250BPS to 12.25%

In an emergency meeting today, MPC decided to raise policy rate by 250bps to 12.25%. This strong and proactive policy response was necessitated by...

SAZEW Three-Wheelers sales declined by 45% on MoM basis

In a latest notification to the Stock Exchange, the Sazgar Engineering Works Limited (PSX:SAZEW) announced the production & sales data for the month of...

SBP maintained the Policy Rate at 9.75%

The MPC decided to maintain policy rate at 9.75%. This reflected view that domestic demand & underlying current acc continue to moderate to a...

Round 7: Pakistan and IMF starts Virtual discussion for the Extended Fund Facility (EFF)

The International Monetary Fund (IMF) and Pakistan would start two weeks long virtual discussions on 7th review of Extended Fund Facility (EFF) from today...

Agha Steel to supply deformed steel bars to MYM-JV for its project ‘Suki Kinari Dam’

Agha Steel Industries Ltd (PSX: AGHA) in a notification to PSX announced that MYM-JV (Mott Macdonald Landon, Yellow River and Mott Macdonald Pakistan) have...

February CPI Inflation slows down to 12.2%

The inflation rate slowed down to 12.2% in February amid a double-digit increase in prices of essential kitchen items (especially a triple-digit increase in...

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