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PSX

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...
Stock Market
News Desk

ENGRO to invest Rs.21.5bn in its subsidiary, Engro Connect (Pvt) Ltd

Engro Corporation Limited announced to to inject a total equity of PKR 21.5 billion in its telecommunications infrastructure vertical. This investment is being made...
News Desk

SPEL to increase its Authorize Share Capital to Rs 1.5Bn

Synthetic Products Enterprises Limited in a latest notification PSX announced that the board has recommended to increase the share capital from Rs. 1Bn to...
News Desk

Pakistan reports Current account deficit of $773mn in July 2021

Pakistan reports Current account deficit of $773mn in July 2021 as compared to the compared to a deficit of $1.6 bln in Jun21. While,...
News Desk

#IPO2021: International Packaging Films Ltd applies for listing at PSX

International Packaging Films Limited (the Company or the Issuer) has applied for listing on the Exchange. The Company shall be issuing 63,500,000 Ordinary Shares...
News Desk

Taliban announce creation of Islamic Emirate of Afghanistan

The Taliban on Thursday announced the creation of the Islamic Emirate of Afghanistan on the 102nd anniversary of the country's independence from British rule. "...
News Desk

Sazgar Engineering sells 829 units of three-wheelers during July

Sazgar Engineering Works Limited (SAZEW) sold a total of 829 units of three-wheelers against the production of 974 units during the month of July...