News & Updates

News Update

07

Feb 2025

Feb 07, 2025 • 5 min read

PIA Increases Salaries of Employees

The Board of Directors of Pakistan International Airlines (PIA) has allowed cadre-wise salary increments for its employe...

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News Update

07

Feb 2025

Feb 07, 2025 • 5 min read

Short-Term Inflation Goes up Just Over 1% 

The Sensitive Price Index (SPI) based inflation for the week ended February 06, 2025, increased by 1.02 percent on a yea...

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News Update

07

Feb 2025

Feb 07, 2025 • 5 min read

WAPDA Buys 78 Luxury Cars Worth Rs. 740 Million

The Senate Standing Committee on Water Resources on Thursday grilled the Water and Power Development Authority (WAPDA) f...

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News Update

06

Feb 2025

Feb 06, 2025 • 5 min read

PM to Inaugurate Business Facilitation Center in Islamabad This Month

Prime Minister Shahbaz Sharif will inaugurate the Business Facilitation Center (BFC) in Islamabad this month to facilita...

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News Update

06

Feb 2025

Feb 06, 2025 • 5 min read

First Ever ‘Made in Pakistan’ Exhibition Launched in Jeddah

Federal Minister for Commerce, Jam Kamal Khan, inaugurated Pakistan’s first-ever Single Country Exhibition, Made in Paki...

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News Update

06

Feb 2025

Feb 06, 2025 • 5 min read

HBL Allocates Deferred Compensation in Shares for Key Executives in a Trust

Habib Bank Limited (PSX: HBL) informed the main bourse today that the deferred component for the variable compensation f...

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News Update

06

Feb 2025

Feb 06, 2025 • 5 min read

SECP Consults Stakeholders on Regulatory Reforms for Mutual, Pension Funds

The Securities and Exchange Commission of Pakistan (SECP) held an extensive consultation session with representatives fr...

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News Update

06

Feb 2025

Feb 06, 2025 • 5 min read

IMF to Finally Reveal Bailout Review Date After Breakthrough in Sindh Agriculture Tax Law

President Asif Ali Zardari and Deputy Prime Minister Ishaq Dar brokered a breakthrough behind the scenes to make the Sin...

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News Update

06

Feb 2025

Feb 06, 2025 • 5 min read

Bears on The Prowl as PSX Ends Day in Red Yet Again 

Bears tightened their grip on the Pakistan Stock Exchange (PSX) as the benchmark KSE-100 Index lost over 1,500 more poin...

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News Update

06

Feb 2025

Feb 06, 2025 • 5 min read

Food Ministry Ordered to Develop 20-Year Food Security Plan as Population Growth Threatens Crop Output

The National Assembly Standing Committee on Food Security has directed the ministry to draft a 20-year food security pla...

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News Update

06

Feb 2025

Feb 06, 2025 • 5 min read

Millions of Gamers to Bring Over $8 Million to Pakistan

With a youthful population, growing internet penetration, and a vibrant gaming community, Pakistan’s gaming industry is...

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News Update

06

Feb 2025

Feb 06, 2025 • 5 min read

Gold Rate Set to Cross Rs. 300,000 Per Tola for First Time in History

The price of 24 karat per tola gold decreased by Rs. 900 and was sold at Rs. 298,700 on Thursday against its sale at Rs....

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News Update

06

Feb 2025

Feb 06, 2025 • 5 min read

Rupee Falls Further Below 279 Against US Dollar

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

06

Feb 2025

Feb 06, 2025 • 5 min read

DRAP Orders Nationwide Crackdown Against Substandard Diagnostic Chemicals

The Drug Regulatory Authority of Pakistan (DRAP) has directed a nationwide crackdown on illegal importation, unlicensed...

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News Update

06

Feb 2025

Feb 06, 2025 • 5 min read

Here Are the Expected Tax Cuts and Other Incentives in the Upcoming Housing Sector Proposal

The federal government has finalized a set of key proposals to revive the housing sector. Prime Minister’s Task Force fo...

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News Update

06

Feb 2025

Feb 06, 2025 • 5 min read

SBP Reserves Post Slight Increase, Cross $11.4 Billion

The foreign exchange reserves held by the State Bank of Pakistan (SBP) posted an increase of $46 million on a weekly bas...

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News Update

06

Feb 2025

Feb 06, 2025 • 5 min read

SBP Bought $3.8 Billion From Banks in First 4 Months of FY25

The State Bank of Pakistan (SBP) bought $3.8 billion from the interbank market in June-October 2024 to increase forex re...

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News Update

06

Feb 2025

Feb 06, 2025 • 5 min read

Pakistan Signs MoUs With China for Construction, Fertilizer, and Energy Projects

Pakistan and China have signed several memorandums of understanding (MoUs) in areas including renewable energy, cement p...

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News Update

06

Feb 2025

Feb 06, 2025 • 5 min read

MCB Bank Posts Profit of Rs. 57.6 Billion in 2024 

MCB Bank Limited (MCB) has announced its financial results for the year ended December 31, 2024, delivering another year...

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News Update

05

Feb 2025

Feb 05, 2025 • 5 min read

Govt Announces Big Discounts For Hajj 2025

The federal government has reduced package costs for Hajj 2025. The 40-day Hajj package is now Rs. 1,050,000 after a Rs....

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News Update

05

Feb 2025

Feb 05, 2025 • 5 min read

Saudi Arabia Approves MoU With Pakistan to Combat Money Laundering

Saudi Arabia has approved a memorandum of understanding (MoU) with Pakistan to curb money laundering and terror financin...

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