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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...
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Economy
News Desk

Russia will provide Petrol and Diesel at discounted rates to Pakistan:...

State Minister for Petroleum Musadik Malik said on Monday that Russia has agreed to provide crude oil at discounted prices, a development that could...
News Desk

CPI Inflation clocked in at 23.84% in November

Consumer Price Index (CPI) inflation during the month of November was recorded at 23.84% YoY compared to 26.6% YoY in Oct’22. On MoM basis,...
News Desk

Pakistan has received USD500Mn from AIIB

Pakistan has received $500 million from the Asian Infrastructure Investment Bank (AIIB), the Ministry of Finance stated on Tuesday. “Government of Pakistan has today received...
News Desk

MPC of the SBP has raised the Policy rate by 100BPS...

The Monetary Policy Committee (MPC) decided to raise the policy rate by 100 basis points to 16%. This decision is aimed at ensuring that elevated...
News Desk

President Arif Alvi approves Lt Gen Asim Munir’s appointment as COAS

President Dr. Arif Alvi has approved the appointment of Lt General Asim Munir as the new Chief of Army Staff. The president also approved...
News Desk

CPI Inflation clocked in at 26.6% in Oct

CPI inflation increased to 26.6% on year-on-year basis in Oct 2022 as compared to an increase of 23.2% in the previous month and 9.2%...