News & Updates

News Update

25

Mar 2025

Mar 25, 2025 • 5 min read

SECP Launches Same-Day Account Opening Initiative for Corporates

The Securities and Exchange Commission of Pakistan (SECP) has developed a concept paper in consultation with the Central...

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News Update

25

Mar 2025

Mar 25, 2025 • 5 min read

Concerns Raised Over Alleged Election Irregularities in a Listed Company

Security Papers Limited (SPL) is allegedly violating corporate governance laws and manipulating its board election proce...

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News Update

25

Mar 2025

Mar 25, 2025 • 5 min read

Eid Bonanza – Up to 70% Off with MCB Islamic Debit Cards!

Make your Eid celebrations even more delightful with MCB Islamic Bank’s Eid Bonanza! From March 30th to April 3rd, enjoy...

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News Update

25

Mar 2025

Mar 25, 2025 • 5 min read

Rupee Extends Losing Streak Against US Dollar to Fourth Day

The Pakistani Rupee (PKR) on Tuesday depreciated by 06 paisa against the US Dollar (USD) in the interbank trading and cl...

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News Update

25

Mar 2025

Mar 25, 2025 • 5 min read

Mari Begins Gas, Condensate Production At Another Well in Khyber Pakhtunkhwa

Mari Energies Limited (PSX: MARI) has commenced gas and condensate production from the Shewa discovery in the Waziristan...

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News Update

25

Mar 2025

Mar 25, 2025 • 5 min read

Finance Ministry Hiring 6 Experts to Operationalize New Tax Policy Office on IMF Demand

The Ministry of Finance is recruiting six professionals to set up the Tax Policy Office (TPO) for the $7 billion Extende...

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News Update

25

Mar 2025

Mar 25, 2025 • 5 min read

Sultan Ali Allana Conferred Nishan-e-Khidmat for Transformative Contributions to Pakistan

Sultan Ali Allana, a prominent leader in Pakistan’s banking sector, has achieved a historic milestone by becoming the fi...

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News Update

25

Mar 2025

Mar 25, 2025 • 5 min read

UBL Issues Shares to Former Silk Bank Shareholders After Merger

United Bank Limited (PSX: UBL) has credited new shares into the respective CDC accounts of former Silk Bank Limited (PSX...

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News Update

25

Mar 2025

Mar 25, 2025 • 5 min read

Production At Reko Diq Set to Start in 2028 With Feasibility Study Completed

The feasibility study for the Reko Diq copper and gold mining project has been completed, outlining a 37-year mine life...

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News Update

25

Mar 2025

Mar 25, 2025 • 5 min read

Govt to Refund Extra Electricity Bill Amount to Consumers

The federal government has decided to return additional charges collected from electricity consumers, potentially reduci...

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News Update

25

Mar 2025

Mar 25, 2025 • 5 min read

Altern Energy Seeks Early Termination of Power Contract Amid Losses

Altern Energy Limited (PSX: ALTN) has decided to seek early termination of its power agreements due to sustained operati...

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News Update

25

Mar 2025

Mar 25, 2025 • 5 min read

PSX Remains Subdued Over Lack of Clarity Regarding IMF Review

The 100-Index of the Pakistan Stock Exchange (PSX) turned around to bullish trend on Tuesday, gaining 193.55 points, a p...

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News Update

25

Mar 2025

Mar 25, 2025 • 5 min read

Sapphire Textile Mills to Acquire Minority Stake in UK Fabrics Company

Sapphire Textile Mills Limited (PSX: SAPT) has entered into agreements to acquire a minority stake in RTS Textiles Group...

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News Update

25

Mar 2025

Mar 25, 2025 • 5 min read

Govt Limits Net Metering Contracts

The government has decided to limit net metering contracts to five years and reduce the buyback rate for surplus electri...

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News Update

25

Mar 2025

Mar 25, 2025 • 5 min read

Systems Limited to Undergo 5-for-1 Stock Split to Enhance Liquidity

Systems Limited, one of Pakistan’s leading software firms, has announced a proposed 5-for-1 stock split, reducing the fa...

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News Update

25

Mar 2025

Mar 25, 2025 • 5 min read

Gold Rate Declines Slightly, Closes Just Shy of All-Time High

The price of 24 karat per tola gold decreased by Rs. 800 and was traded at Rs. 317,800 on Tueday as compared to its sale...

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News Update

25

Mar 2025

Mar 25, 2025 • 5 min read

FBR Sets Up Classification Centre to Resolve All Customs Disputes

The Federal Board of Revenue (FBR) has established a “Classification Centre” to resolve all pending customs classificati...

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News Update

25

Mar 2025

Mar 25, 2025 • 5 min read

ECC Assures Full Support for Reko-Diq Project

The Economic Coordination Committee (ECC) of the Cabinet met today with Federal Minister for Finance Senator Muhammad Au...

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News Update

24

Mar 2025

Mar 24, 2025 • 5 min read

CCP Approves New Aviation Training Venture by Fly Jinnah and Air Arabia

The Competition Commission of Pakistan (CCP) has approved a joint venture between Fly Jinnah Services (Private) Limited...

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News Update

24

Mar 2025

Mar 24, 2025 • 5 min read

Govt Concludes Interview Process for Appointing New SECP Commissioner

The Finance Minister Led committee has finalized the interview for the position of Commissioner Securities Exchange Comm...

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News Update

24

Mar 2025

Mar 24, 2025 • 5 min read

Pakistan Stock Exchange Attains ISO 27001:2022 Certification for Information Security Management

The Pakistan Stock Exchange (PSX) is proud to announce that it has achieved the ISO 27001:2022 certification, the intern...

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