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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...
SAZEW monthly sales declined by 6% in Sept’21
In a latest notification to the Stock Exchange, the Sazgar Engineering Works Limited (PSX:SAZEW) announced the production & sales data for three Wheelers for...
CPI Inflation recorded at 9% in Sep’21
Inflation increased by 9.0% on YoY basis in Sep'21 as compared to an increase of 8.4% in Aug'21 & 9.0% in SPLY.
On MoM...
Talks to revive $6Bn IMF package will begin from Oct 4
Pakistan and the International Monetary Fund (IMF) are set to resume talks for the revival of a $6 billion derailed programme in upcoming week, in which...
Byco selects Axens Technology for their Euro V Gasoline and Diesel...
Axens has been engaged to support Byco's Refinery upgrading Project with providing advanced technical solutions in order to achieve Euro V Gasoline and Diesel...
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...