News & Updates

News Update

28

Feb 2025

Feb 28, 2025 • 5 min read

SBP Reserves Post Small Increase in One Week

The foreign exchange reserves held by the State Bank of Pakistan (SBP) rose by $21 million on a weekly basis according t...

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News Update

28

Feb 2025

Feb 28, 2025 • 5 min read

CDA Halts Work on Islamabad’s Largest IT Park

The Capital Development Authority (CDA) has halted work on Pakistan’s largest IT Park in Islamabad, leaving the future o...

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News Update

28

Feb 2025

Feb 28, 2025 • 5 min read

Bitcoin Crashes to Lowest Level Since November 2024

Bitcoin fell to its lowest level of 2025 late Thursday, dropping over 6 percent to $79,500 before moving back to $80,100...

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News Update

28

Feb 2025

Feb 28, 2025 • 5 min read

Mari Energies Subsidiary Enters JV With UAE Company for Mineral Exploration in Balochistan

Mari Minerals (Private) Limited, a subsidiary of Mari Energies Limited (PSX: MARI), has signed a joint venture agreement...

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News Update

28

Feb 2025

Feb 28, 2025 • 5 min read

PSX Ends Week in Red as KSE-100 Loses Over 500 Points 

The 100-Index of the Pakistan Stock Exchange (PSX) loses 532.64 points on Friday, a negative change of 0.47 percent, clo...

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News Update

27

Feb 2025

Feb 27, 2025 • 5 min read

Federal Govt Appoints Chairman and Members of Competition Appellate Tribunal

The federal government has appointed the chairman and two members of the Competition Appellate Tribunal. According to a...

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News Update

27

Feb 2025

Feb 27, 2025 • 5 min read

Govt to Complete Thar Coal Railway Line to Port Qasim by End of 2025

The federal government is all set to complete the Thar coal railway line to Port Qasim by December 2025 and also plans a...

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News Update

27

Feb 2025

Feb 27, 2025 • 5 min read

ABHI, TPL Corp Relaunch FINCA as ABHI Microfinance Bank

ABHI and TPL Corp Limited launched ABHI Microfinance Bank, renaming the FINCA Microfinance Bank following the acquisitio...

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News Update

27

Feb 2025

Feb 27, 2025 • 5 min read

Govt Announces Nisab of Zakat for 2025

The Administrator General Zakat has notified the Nisab of Zakat in Pakistan at Rs. 179,689 for the Zakat year 1445-46 AH...

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News Update

27

Feb 2025

Feb 27, 2025 • 5 min read

Solar Panels Meant for Sindh Flood Victims Distributed Among Govt Officials

The Senate Standing Committee on Economic Affairs was informed on Thursday that solar panels intended for the horrific 2...

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News Update

27

Feb 2025

Feb 27, 2025 • 5 min read

Japanese Car Companies Raise Concerns Over Tax Refund Delays in Pakistan

Japanese automobile companies have expressed their concerns over delays in tax refunds and other issues which have been...

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News Update

27

Feb 2025

Feb 27, 2025 • 5 min read

PTA Admits to Facing Many Difficulties in Bringing 5G to Pakistan

Pakistan Telecommunication Authority (PTA) on Thursday admitted that it has faced many difficulties with regard to the h...

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News Update

27

Feb 2025

Feb 27, 2025 • 5 min read

FBR Fixes New Values on Import of Tiles from China 

Directorate General of Customs Valuation Karachi has revised customs values on the import of a wide range of ceramic and...

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News Update

27

Feb 2025

Feb 27, 2025 • 5 min read

Federal Cabinet Swells as 27 New Members Take Oath 

President Asif Ali Zardari on Thursday administered oath of office to new federal ministers and ministers of state at a...

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News Update

27

Feb 2025

Feb 27, 2025 • 5 min read

SECP Holds Online Consultation Sessions on Research Analyst Regulations 

The Securities and Exchange Commission of Pakistan (SECP) conducted two online consultation sessions ‘Review of Research...

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News Update

27

Feb 2025

Feb 27, 2025 • 5 min read

Rupee Resumes Downward Spiral Against US Dollar After Brief Respite

The Pakistani rupee (PKR) closed in red against the US Dollar (USD) today after opening trade at 280 in the interbank ma...

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News Update

27

Feb 2025

Feb 27, 2025 • 5 min read

Citi Pharma Completes Its First Ever Export Order to MENA Region

Citi Pharma Limited (PSX: CPHL) has successfully completed its first export order to the Middle East and North Africa (M...

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News Update

27

Feb 2025

Feb 27, 2025 • 5 min read

Pakistan, UAE Sign Five Accords of Cooperation in Railway, Mining, Other Sectors

Pakistan and the United Arab Emirates on Thursday signed five accords to boost bilateral cooperation in different fields...

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News Update

27

Feb 2025

Feb 27, 2025 • 5 min read

SIPCO Acquires Premium Paints to Strengthen Local Production and Expand Saudi Market Presence

Saudi Industrial Paint Company (SIPCO), a subsidiary of Kaizen Paint Middle East (KPME), has acquired full ownership of...

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News Update

27

Feb 2025

Feb 27, 2025 • 5 min read

Inflation Could Rise Slightly by March 2025: Finance Ministry

The federal government has forecasted inflation to remain within the range of 3 percent to 4 percent by March 2025. Acco...

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News Update

27

Feb 2025

Feb 27, 2025 • 5 min read

IMF Reviews Pakistan’s Climate Project Appraisal for $1 Billion Funding

An International Monetary Fund (IMF) mission under the Resilience and Sustainability Facility (RSF) on Wednesday assesse...

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