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Budget 2024-25 Federal government to announce stringent measures in the 2024-25 budget to curtail expenses, including significant cuts in pensions except for defense, civil...
ISLAMABAD: The Pakistan Stock Exchange (PSX) hit a new milestone by surpassing the 72,000 mark during early morning trading on Wednesday. The benchmark KSE-100...
Foreign Loan ISLAMABAD: Pakistan received only about $9.8 billion in foreign loans and grants during the first nine months (July-March) of the current fiscal...
Current Account Surplus Pakistan’s economic landscape saw a notable upturn in March 2024, with the State Bank of Pakistan (SBP) reporting a substantial current...
ISLAMABAD: Shanghai Electric Power Company Limited has decided to withdraw its offer to acquire up to 18.336 billion ordinary shares of K-Electric Limited, representing...
Mid-July Agreement WASHINGTON: Finance Minister Muhammad Aurangzeb expressed optimism that Pakistan and the International Monetary Fund (IMF) would reach a staff-level agreement by mid-July...
TORONTO: The Canadian government has unveiled plans to introduce halal mortgages for Muslims, aiming to broaden access to alternative financing and support the dream...
On Tuesday, Pakistan’s Finance Minister, Muhammad Aurangzeb, discussed advancements in economic reforms with Ajay Banga, the President of the World Bank Group, during their...
The fines were levied due to violations in Know Your Customer (KYC), Anti-Money Laundering (AML), asset quality, foreign exchange, and general banking operations standards.
ISLAMABAD: Following the federal government’s announcement of a reduction in electricity rates this April, power authorities are poised to offer further relief to consumers...
Investments On Tuesday, Foreign Minister Ishaq Dar extended a warm assurance of full support and facilitation to Saudi Arabia regarding its investment endeavors in...