News & Updates

Pakistan Faces Housing Crisis as Demand Skyrockets

Pakistan faces a shortfall of over 12 million houses as demand rises following a decline in key lending rates which typi...

Barkat Frisian Agro IPO Oversubscribed by 16.2x

The book-building process of Barkat Frisian Agro Limited’ Initial Public Offer (IPO) has concluded with an oversubscript...

Pakistan Was in Crisis Because Nobody Listened to Me: Ishaq Dar

Deputy Prime Minister Ishaq Dar has stated that the country would not have faced financial difficulties in the past five...

Pakistan’s Real Effective Exchange Rate Increases Further in January 2025

Pakistan’s Real Effective Exchange Rate (REER) clocked in at 104.05 in January 2025, according to latest data issued by...

National Savings Conducts Rs. 1,500 Prize Bond Draw in Multan

The National Savings conducted the Rs. 1,500 prize bond draw at its Multan center. The first prize of Rs. 3 million was...

Karachi to Produce Gas in New Plant From Animal Waste

Sindh’s Special Assistant to the Chief Minister on Investment and Public-Private Partnership, Syed Qasim Naveed Qamar, h...

18th Solar Pakistan: The Largest Solar Exhibition in the Region

Mark your calendars for a groundbreaking event redefining Pakistan’s renewable energy landscape. From February 21st to 2...

IT Exports Cross $2 Billion Mark in 7 Months of FY25

Pakistan recorded IT exports of US$ 2.18 billion in seven months of fiscal year 2024-25, up by 27 percent YoY compared t...

Arif Habib Corporation Announces Stock Split to Enhance Liquidity

Arif Habib Corporation Limited (PSX: AHCL) has announced a stock split thereby reducing the face value of its shares fro...

Pakistan Receives Foreign Direct Investment of $194 Million in January 2025 

The net Foreign Direct Investment (FDI) in the country stood at $194 million in January 2025, up 15 percent over the FDI...

Ghani Global Glass Closes Furnace Operations Till May 15

Ghani Global Glass Limited (PSX: GGGL) Tuesday said that after completion of expected life of furnace, it has temporaril...

PSX Breaks Four-Session Losing Streak As KSE-100 Gains Over 1,300 Points

The KSE-100 Index of the Pakistan Stock Exchange (PSX) turned around to bullish trend on Tuesday, gaining 1,345 points,...

Govt’s Next Move Could End 20 Positions in FBR

The federal government is considering a proposal to end the appointment of Inland Revenue Service (IRS) officers in Inco...

CDC and IAP Sign MoU for Life Insurance Policy Finder

Being at the forefront of end-user facilitation and creating ease of doing business, the Central Depository Company of P...

CCP, Punjab Food Authority Join Hands to Protect Consumers and Ensure Fair Competition

Silkbank Shareholders Approve Merger with UBL

Shareholders of Silkbank Limited (PSX: SILK) have approved the proposed amalgamation of the bank into United Bank Limite...

International Coal Prices Drop to One-year Low

International coal prices have dropped to their one-year low, according to Bloomberg data. International coal prices (Ri...

Nishat Power Ltd Amends IPP Contract With Govt

Nishat Power Limited (PSX: NPL) has amended its Power Purchase Agreement, Implementation Agreement with the federal gove...

Pakistan’s Current Account Turns Red in January 2025 as Trade Deficit Surges 

Pakistan’s current account balance posted a deficit of $420 million in January 2025, according to data released by the S...

Rupee Nears 280 Against US Dollar After 2nd Consecutive Decline

The Pakistani rupee (PKR) closed in red against the US Dollar (USD) 2nd day in a row today after opening trade at 280 in...

Gold Rate in Pakistan Nears Rs. 305,000 Per Tola After Today’s Increase  

The price of 24 karat per tola gold increased by Rs. 1,000 and was sold at Rs. 304,200 on Tuesday against its sale at Rs...