News & Updates

News Update

17

Feb 2025

Feb 17, 2025 • 5 min read

Rupee Depreciates Against Most Currencies to Resume Miserable Run

The Pakistani rupee (PKR) closed in red against the US Dollar (USD) today after opening trade at 279 in the interbank ma...

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News Update

17

Feb 2025

Feb 17, 2025 • 5 min read

Engro Polymer Launches Hydrogen Peroxide Business With Rs. 12 Billion Investment

Engro Polymer & Chemicals (EPCL), a subsidiary of Engro Corporation, has successfully commissioned its Rs. 11.7 billion...

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News Update

17

Feb 2025

Feb 17, 2025 • 5 min read

NEPRA Officers Give Themselves 4X Salary Increase

Senior National Electric Power Regulatory Authority (NEPRA) officials have given themselves up to four times higher sala...

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News Update

17

Feb 2025

Feb 17, 2025 • 5 min read

Privatization Commission Takes Administrative Control of IESCO, FESCO and GEPCO

The administrative control of Islamabad Electric Supply Company (IESCO), Faisalabad Electric Supply Company (FESCO), and...

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News Update

17

Feb 2025

Feb 17, 2025 • 5 min read

Rafhan Maize Announces New Expansion Project to Increase Production

The management of Rafhan Maize Products Co. Limited (PSX: RMPL) has announced the initiation of a project to increase it...

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News Update

17

Feb 2025

Feb 17, 2025 • 5 min read

Business Confidence Increases in Pakistan’s Economy, Doubts Persist Over Direction: Gallup

Pakistan’s businessmen are gaining confidence about the prospects of their businesses that they believe are improving, a...

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News Update

17

Feb 2025

Feb 17, 2025 • 5 min read

SECP Introduces Consumer Protection Principles for NBMFCs 

The Securities and Exchange Commission of Pakistan (SECP) has introduced the Consumer Protection Principles for the Non-...

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News Update

17

Feb 2025

Feb 17, 2025 • 5 min read

PSX Remains in Red as Lack of Positive Triggers Keeps Investors Wary 

The 100-Index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Monday losing 342 points, a negative chang...

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News Update

17

Feb 2025

Feb 17, 2025 • 5 min read

FBR Inaugurates POS System in Azad Jammu and Kashmir

The Federal Board of Revenue has extended the Point of Sales (POS) system to Azad Jammu and Kashmir. According to detail...

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News Update

17

Feb 2025

Feb 17, 2025 • 5 min read

Bank of Punjab Announces Highest-Ever Profit in 2024 With Record Cash Dividend

A meeting of the Board of Directors of The Bank of Punjab (BOP) was held on 17th February 2025 to review and approve the...

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News Update

17

Feb 2025

Feb 17, 2025 • 5 min read

Book-Building of Barkat Frisian Agro Starts Today

Barkat Frisian Agro IPO’s book-building phase will start (today) on 17th February and continue till 18th February when h...

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News Update

16

Feb 2025

Feb 16, 2025 • 5 min read

Govt Decreases Petrol Price for First time in Over a Month

The federal government has notified the new prices of petroleum products for the next fortnight. According to the notifi...

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News Update

16

Feb 2025

Feb 16, 2025 • 5 min read

Saudi-Based Expats Vow to Help Increase Investments in Pakistan

Pakistani community residing in Saudi Arabia vowed to provide all-out support to Pakistani IT and tech companies to enha...

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News Update

16

Feb 2025

Feb 16, 2025 • 5 min read

PM Shehbaz Delays New Real Estate Tax Package

Prime Minister Shehbaz Sharif has deferred his decision on the tax incentive package for the real estate sector as key i...

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News Update

16

Feb 2025

Feb 16, 2025 • 5 min read

Finance Minister to Speak at IMF-Led Panel on Emerging Markets in Saudi Arabia

The inaugural AlUla Conference for Emerging Market Economies commenced today in AlUla, Saudi Arabia, bringing together f...

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News Update

16

Feb 2025

Feb 16, 2025 • 5 min read

PM Shehbaz Orders to Complete PIA Privatization By June 2025

Prime Minister Shehbaz Sharif has directed authorities to finalize the privatization of Pakistan International Airlines...

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News Update

16

Feb 2025

Feb 16, 2025 • 5 min read

PRAL, KP Revenue Authority to Jointly Launch New Automated Tax System

Pakistan Revenue Automation (Pvt) Limited (PRAL) and the Khyber Pakhtunkhwa Revenue Authority (KPRA) are working on the...

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News Update

15

Feb 2025

Feb 15, 2025 • 5 min read

IESCO Announces Massive Increase in Meter Fees

Consumers under the Islamabad Electric Supply Company (IESCO) will now face significantly higher meter installation char...

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News Update

15

Feb 2025

Feb 15, 2025 • 5 min read

Why Pakistan Still Lacks an Islamic Digital Bank?

Pakistan, one of the largest Muslim-majority nations in the world, has yet to establish a fully operational Islamic Digi...

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News Update

14

Feb 2025

Feb 14, 2025 • 5 min read

Govt Notifies Key Changes in Federal Bureaucracy

The federal government has made a series of high-level appointments and transfers in the federal bureaucracy. Nadeem Asl...

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News Update

14

Feb 2025

Feb 14, 2025 • 5 min read

Govt Forms 13-Member Committee to Finalize Gwadar Port Operationalization Plan

The federal government has formed a 13-member committee to monitor the implementation plan to activate Gwadar Port. Acco...

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