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SBP decided to raise the Policy Rate by 25bps to 7.25%

The Monetary Policy Committee (MPC) decided to raise the policy rate by 25 basis points to 7.25 percent. Since its last meeting in ...

Pakistan reports Current Account Deficit of US$1.5Bn in Aug 2021

The current account deficit (CAD) rose to $1.5bn in Aug21 from $0.8bn the previous month, while SBP’s foreign reserves rose to an all-time high...

SEARL plans to list its subsidiary on PSX

The Searle Company Limited (PSX: SEARL) in a notification to PSX announced that the shares of Searle Pakistan Limited (SPL) the wholly owned subsidiary...

TELE subsidiary Supernet may be listed on PSX

Telecard Limited (PSX: TELE) announced that itssubsidiary, supernet Limited'("SNL") may be listed on the Pakistan stock Exchange Limited ('PSX") by means of: (i) SNL...

Pakistani envoy meets Karzai, Abdullah amid efforts to form Afghan govt

Pakistan Ambassador to Afghanistan Mansoor Ahmad Khan met former Afghan president Hamid Karzai and senior official Abdullah Abdullah to discuss the prevailing situation in...

Eyeing international expansion, Pakistani startup Airlift secures $85m financing

In a major development, Pakistani startup Airlift has secured $85 million Series B financing with an aim to expand internationally, the firm said in...

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