Business
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Stand-by agreement conditions: IMF wants Pakistan to stop its intervention in exchange rate market
The International Monetary Fund (IMF) has imposed strict conditions on Pakistan by asking it not to intervene in the exchange...
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Summit Bank Limited Announces Name Change To Bank Makramah Limited
Summit Bank Limited is pleased to announce that the State Bank of Pakistan has granted its consent to change Summit...
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Effects of IMF Stand-By agreement: Pakistan to receive another $3.7 billion in funding from Saudi Arabia & UAE
Islamabad: Amid the Stand-By Agreement with International Monetary Fund (IMF), Pakistan will receive a total of $5.6 billion in financing....
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Business community welcomes approval of IMF agreement, believes it will end economic volatility
Karachi: Business community of Pakistan has welcomed the approval of the $3 billion Stand-By agreement as they believe it will...
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Pakistani rupee gains strength courtesy IMF bailout package
KARACHI: Reflecting positively in the wake of approval of a $3 billion bailout programme by International Monetary Fund’s (IMF) on...
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IMF Executive Board meeting will take place today to review $3 billion stand-by agreement with Pakistan
The International Monetary Funds (IMF) Executive Board meeting is expected to take place on Wednesday (12 June 2023). The agenda...
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Indus Motor Company signs historic auto parts export deal with Toyota Egypt
Karachi: Prominent automobile company in Pakistan, Indus Motor Company (IMC), has signed an agreement with Toyota Egypt. Under the deal,...
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Saudi Arabia deposits $2bn with State Bank as Pakistan nears IMF deal
ISLAMABAD: Finance Minister Ishaq Dar on Tuesday announced that Saudi Arabia has deposited $2 billion in the State Bank of...
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Zong 4G and Sehat Kahani Join Forces to Empower Pakistan through Digital Health
Zong 4G, Pakistan's leading telecommunications operator, is pleased to announce a new chapter in its partnership with Sehat Kahani, a...
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Pakistan to receive $665m from Asian Development Bank & Islamic Development Bank for Flood Protection Sector Project-III
Islamabad: Pakistan will receive Rs665 billion for the Flood Protection Sector Project-III (FPSP) from the Asian Development Bank (ADB) and...
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Young trader killed during robbery bid in Karachi
A 22-year-old trader was tragically shot dead during a robbery attempt on New M.A. Jinnah Road on Sunday evening, according...
PSX soars over 1,200 points amid optimism on inflation and interest rate cuts
The Pakistan Stock Exchange (PSX) maintained its bullish momentum on Monday as the benchmark KSE-100 index surged 1,248.84 points, or...
PTI suspends Islamabad protest following deadly clashes, appeals for justice
The Pakistan Tehreek-e-Insaf (PTI) announced the suspension of its Islamabad sit-in early Wednesday after a day of intense clashes in...
KSE-100 Index surges over 600 points amid banking sector rally
Bullish sentiment dominated the Pakistan Stock Exchange (PSX) on Monday as the KSE-100 index climbed 621.85 points, or 0.64 per...
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