FMs of KSA and Pakistan address a joint Presser
ISLAMABAD: Following a rendezvous at the MoFA the Saudi FM Prince Faisal bin Farhan Al Saud and Pakistani FM addressed a joint Presser here on Tuesday (16th April, 2024). Speaking…
Bourse
PSX: Bourse remains bullish on 15th April
KARACHI: PSX 100-index witnessed bullish trend on Monday (15th April, 2024) gaining 229.86 points, a positive change of 0.33 percent, closing at 70,544.58 points against 70,314.72 points the previous trading…
SIFC: KSA to invest $1B in Reko Diq next month
ISLAMABAD: A Saudi investment of up to one billion dollars is likely next month in the Reko Diq Copper Gold project located in Chagai district in Balochistan. Special Investment Facilitation…
Chips, AI demand makes US Taiwan’s largest export market
KARACHI: Taiwan is a microchip-manufacturing powerhouse, churning out the world’s most advanced silicon wafers necessary to power everything from e-vehicles and satellites to fighter jets and increasingly to power AI…
Pakistan-KSA to expedite $5B investment package
MAKKAH (Al-Safa Palace): Regional and global developments of mutual interest, including the state of affairs in Gaza were discussed in a meeting between PM Shehbaz Sharif and Saudi Crown Prince/PM…
Japanese CG Hattori Masaru calls on CM Murad Ali Shah
KARACHI: Hattori Masaru, Japanese Consul General here. called on the Chief Minister Sindh Syed Murad Ali Shah Monday (8th April, 2024). During the rendezvous they pondered over issues of mutual…
New IMF program is vital for economic stability: PM
ISLAMABAD: PM Shehbaz Sharif on Thursday (4th April, 2024) said that the government was planning to enter a new program with the IMF which he said, was vital to consolidate…
French Envoy Nicolas Galey Calls On PM Shehbaz Sharif
ISLAMABAD: H. E. Nicolas Galey, Envoy of the French Republic to Pakistan, called on the Prime Minister Shehbaz Sharif here on Wednesday (3rd April, 2024). PM said Pakistan and France…
Zardari for Barter Trade with Iran
ISLAMABAD: President Asif Ali Zardari on Friday (29th March, 2024) underlined the need for promoting barter trade and economic relations with Iran for the mutual benefit of the two brotherly…
PIA
PIA’s Comm. Debt Negotiations
ISLAMABAD: The commercial debt negotiations of PIA have been successfully concluded among the government, domestic lender banks and Development Finance Institutions (DFIs) as part the entity’s restructuring for privatization. A…
Bourse
PSX closes at historic high level of 67K points
ISLAMABAD: The 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Thursday (28th March, 2024) gaining 594.34 points, a positive change of 0.89 percent, closing at historic…
US Envoy Blome Meets Pak Petroleum Minister Musadik
ISLAMABAD: US Envoy Donald Blome called on the Federal Minister for Petroleum, Dr. Musadik Malik here on Friday (22nd March, 2024). The duo discussed technology transfer, investment opportunities, capacity-building initiatives…
Implementing Pak-Kuwait $10b agreements
ISLAMABAD: PM Shehbaz Sharif on Tuesday (19th March, 2024) called for concerted efforts to ensure the early implementation of seven agreements worth US$ 10 billion signed between Pakistan and Kuwait…
Pasha says Pakistan will handle economic crisis
LAHORE: Former Federal Finance Minister Dr. Hafeez Pasha said on Monday (18th March, 2024) that ongoing economic challenges can be tackled as the country had faced difficult economic condition in…
SBP keeps policy rate at 22 per cent
KARACHI: SBP on Monday (18th March, 2024) cautiously decided to keep policy rate at 22 per cent on pretext of elevated inflation expectations that required continuity of the current monetary…
IInd review under IMF’s Stand by Arrangement (SBA)
ISLAMABAD: An International Monetary Fund(IMF) mission on Thursday called on Federal Minister of Finance and Revenue, Muhammad Aurangzeb in the Ministry of Finance. The IMF mission is in Pakistan to…
Bearish Bourse
PSX stays bearish on Wed (13th March)
ISLAMABAD: The 100-index of the PSX witnessed bearish trend on Wednesday, shedding 753.26 points, a negative change of 1.16, closing at 64,048.44 points against 64,801.70 points the previous trading day.…
PM on timely implementation of CPEC initiatives
ISLAMABAD: PM Shehbaz Sharif on Wednesday (13th March, 2024) emphasized that his government would work tirelessly to ensure timely implementation of the initiatives under the CPEC. He stressed that Pakistan…
Bearish Bourse
PSX: Bears color the bourse red on 1st day of Ramazan
KARACHI: On the first day of Ramazan (12th March, 2024) bears roamed all over the PSX that shed 953.60 points, a negative change of 1.45, closing at 64,801.70 points against…
Bitcoin zooms to record near $72,000
KARACHI: Bitcoin raced to an all-time peak close to $72,000 on Monday as the world’s most popular cryptocurrency won further support on greater trading accessibility and dollar weakness. The virtual…
US Embassy Empowers 150 Pak Women to Launch Entrepreneurial Journeys
ISLAMABAD: The US Embassy launched the fourth Pakistan cohort of its Academy for Women Entrepreneurs (AWE) program at the Lincoln Reading Lounge at the National Library of Pakistan here on…
Pak Envoy Asim Iftikhar visits France Int’l Agricultural Show
PARIS: Pakistani Ambassador to France Asim Iftikhar Ahmad attended the France International Agricultural Show which is celebrating its 60th edition in Paris. On the occasion, H.E. Asim Iftikhar exchanged notes…
Bourse
PSX stay bullish, gains 747 more points
ISLAMABAD: The 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Friday, gaining 747.16 points, a positive change of 1.16 percent, closing at 65,325.69 points against 64,578.52…
Pakistan Railways
Railways to procure 230 passenger coaches
ISLAMABAD: Pakistan Railways is finalizing a plan to procure 230 passenger coaches and 820 High Capacity Wagons under the Public Sector Development Programme (PSDP) aiming help to improve the speed…
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