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The World Bank has issued a new report outlining Pakistan’s economic prospects, painting a challenging picture ahead characterized by high inflation and modest growth....
ISLAMABAD: As Prime Minister Shehbaz Sharif’s administration advances its privatisation agenda, numerous companies, including Chinese firms, have submitted Statements of Qualifications (SoQs) in a...
ISLAMABAD: The Competition Commission of Pakistan (CCP) is currently conducting a Phase II review of the proposed acquisition of Telenor Pakistan by Pakistan Telecommunication...
Loan The United Arab Emirates (UAE) has officially confirmed the extension of its two deposits, each valued at $1 billion, with the State Bank...
$700 Million The State Bank of Pakistan (SBP) has confirmed the receipt of the second tranche of Special Drawing Rights (SDR) amounting to SDR...
ISLAMABAD: An emergent meeting of the Board of Directors has been scheduled for January 19, 2024, to assess the progress of the delisting proceedings...
ISLAMABAD: After a gap of many months, the US dollar plunged below Rs 280 in the inter-bank trading in Pakistan on Wednesday. The US...
$2 Billion Loan DUBAI: The United Arab Emirates (UAE) is anticipated to extend the rollover of a $2 billion loan to Pakistan for one...
Economic Challenge ISLAMABAD: Pakistan’s energy sector circular debt has surged to a record Rs5.73 trillion, surpassing earlier estimates by Rs1.5 trillion and posing a...
ISLAMABAD: The Board of Directors of The Hub Power Company Limited (PSX: HUBC) has authorized the company to enter into negotiations and execute definitive...
Adding to the challenges faced by the poverty-stricken population grappling with power outages, the Central Power Purchasing Agency (CPPA) has submitted an application to...