Business
Pakistan to shine at Heimtextil 2025 trade fair
October 17, 2024
Pakistan to shine at Heimtextil 2025 trade fair
KARACHI: The world’s largest textile exhibition, Heimtextil, is set to take place from January 14 to 17, 2025, in Frankfurt,…
PSX raises over Rs1tr in GOP Ijarah Sukuk auction
October 17, 2024
PSX raises over Rs1tr in GOP Ijarah Sukuk auction
KARACHI: Pakistan Stock Exchange’s (PSX) issuance of GoP Ijarah Sukuk (GIS), through the Capital Market Infrastructure, has crossed the Rs1…
Pakistani rupee gains strength against US dollar
October 17, 2024
Pakistani rupee gains strength against US dollar
ISLAMABAD: Pakistani rupee on Thursday appreciated by 05 paisa against the US dollar in the interbank trading and closed at…
Pakistan’s successful engagement with IMF improves macroeconomic conditions: SBP
October 17, 2024
Pakistan’s successful engagement with IMF improves macroeconomic conditions: SBP
KARACHI: Pakistan’s macroeconomic conditions improved during the fiscal year 2023-24 due to a host of reasons, including successful engagement with…
Gold prices reach new record high in Pakistan
October 17, 2024
Gold prices reach new record high in Pakistan
ISLAMABAD: The price of 24 karat per tola gold increased by Rs700 and was sold at Rs277,900, the all-time high…
Power sector subsidies surge by 400% in five Years: World Bank
October 17, 2024
Power sector subsidies surge by 400% in five Years: World Bank
ISLAMABAD: The World Bank has revealed that the power sector subsidies in Pakistan have increased by a staggering 400% in…
China to boost financing for approved housing projects to $560 billion to counter property slump
October 17, 2024
China to boost financing for approved housing projects to $560 billion to counter property slump
HONG KONG: China will expand the amount of financing available for housing projects on a “white list” to 4 trillion…
Oil inches up after surprise drop in US crude stockpiles
October 17, 2024
Oil inches up after surprise drop in US crude stockpiles
SINGAPORE: Oil prices rose in early Asian trade on Thursday, paring sharp losses over the past two sessions, after industry…
Neem Paymenow, shariah-compliant earned wage access solution, launched in Pakistan
October 16, 2024
Neem Paymenow, shariah-compliant earned wage access solution, launched in Pakistan
ISLAMABAD: Neem, an embedded finance platform that helps digital businesses seamlessly embed financial services, has launched Neem Paymenow — a…
Pakistan achieves $4 billion in rice exports for the first time
October 16, 2024
Pakistan achieves $4 billion in rice exports for the first time
KARACHI: Pakistan has achieved a historic milestone this fiscal year, generating $4 billion in revenue through rice exports for the…