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...
Pakistan’s economy to grow by 2-2.5% this FY: Shamshad
Caretaker Finance Minister Dr Shamshad Akhtar projected on Saturday that the country's economic growth will rebound by 2-2.5% in the current fiscal year.
Virtually addressing the 'IPO...
Gold rates increase by Rs. 300 per tola
The per tola price of 24 karat gold increased by Rs. 300 and was sold at Rs. 215,300 on Saturday compared to its sale...
IMF revises deficit upward to 7.7pc of GDP
The International Monetary Fund (IMF) has upward revised the budget deficit (excluding grants) to 7.7 percent of the GDP for the current fiscal year...
MARI hits success with second Ghazij Well in Sindh lease
Mari Petroleum Company Limited (PSX: MARI) has successfully drilled and tested the second appraisal well in the Ghazij formation in the Mari Development and...
New structural benchmarks set by IMF
The International Monetary Fund (IMF) has set two new structural benchmarks (SBs) for Stand-By Arrangement (SBA) including (i) notification of the December 2023 semi-annual...
Power tariff: Timely adjustments critical to energy sector viability: IMF
Timely adjustments in electricity tariff are critical to restore energy sector viability while maintaining a progressive structure to protect the most vulnerable households.
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