Business

The Pakistan-Saudi Arabia Investment Forum was founded by an Asian country seeking significant financial support from the Kingdom to strengthen its struggling economy.Pakistan has substantial business, investment, and economic potential, according to Saudi Deputy Investment Minister Ibrahim Almubarak during...

A groundbreaking PKR 10 billion partnership between U Microfinance Bank and Digitt+, a pioneer in agri-fintech, has been announced. This agreement establishes a new benchmark for financial cooperation in the agriculture industry. By combining U Bank's significant lending experience...

For the first quarter of 2024, Indus Motor Company Limited (PSX: INDU) recorded a noteworthy 38.3% year-over-year growth in profitability. Its profit after tax was Rs 4.45 billion , up from Rs 3.22 billion in the same time...

With the completion of the second review under the Stand-By Arrangement (SBA) for Pakistan on Monday, the International Monetary Fund (IMF) Executive Board cleared the way for an immediate transfer of about $1.1 billion, increasing the total amount disbursed...

The export performance of Pakistan's IT and IT-enabled services (ITeS) industry has been rapidly increasing lately. Export remittances for the industry reached $2.283 billion between July 2023 and March 2024, a significant increase of 17.37% over the $1.945 billion recorded...

Four special trains will be operated by Pakistan Railways to accommodate passengers during the Eid ul Fitr celebrations.To improve travel convenience and reduce passenger traffic, special trains departing from Lahore, Karachi, Peshawar, and Quetta will be available.Pakistan Railways CEO...

The oil refining firm Cynergico has announced intentions to update its operations in Pakistan in order to comply with international standards. The company's goal is to generate premium-grade gasoline and diesel products in order to increase profitability. Cynergico plans to...

According to Prime Minister Muhammad Shehbaz Sharif, the current USD 1 billion annual bilateral trade volume has the potential to increase significantly once the Pakistan-GCC (Gulf Cooperation Council) Free Trade Agreement takes effect.In a meeting with General Sheikh Mohammad...

Surgeons at the Pakistan Kidney and Liver Institute and Research Centre (PKLI), Lahore, have accomplished a significant milestone by performing the nation's first pancreatic and "split liver" transplants.The liver of a young man who was declared brain dead at...

Following the extraordinary floods that have affected residents of Gwadar and the interior of Baluchistan, Zong 4G has offered free services for all affected regions. Those who are impacted can sign up by calling *9090# to receive 20 on-net...

China has consented to keep Pakistan's $2 billion loan maturing under its current conditions.The $2 billion debt, which matures on March 23, 2024, contains an agreement to postpone payment, according to the Express Tribune. China has indicated informally that...

Leading telecom company Zong 4G in Pakistan, in partnership with BaKhabar Kisan, has made it easier for farmers and agriexperts to communicate effectively so that the latter may optimize production and financial advantages for their lives.For farmers across Pakistan,...

According to an ARY News article, Pakistan earned $1,454.881 million in the first half of the current fiscal year 2023–24 by providing various information technology (IT) services to other nations. Based on statistics from the Pakistan Bureau of Statistics...

The Pakistani government disclosed on Wednesday that it intended to sell the United Arab Emirates (UAE) government the majority of the shares in First Woman Bank Limited. This indicates that, subject to UAE permission, 82 percent of the bank's...

On Wednesday, the Pakistani stock market rebounded, with the benchmark KSE-100 index jumping more than 1000 points in response to key political parties announcing their intention to form a coalition government in an effort to get the nation out...

Under the "Pakistan Raises Revenues" project, the Federal Board of Revenue has achieved agreements with all provinces on the value of immovable assets. To improve tax collection, revised valuation tables will be put into effect beginning with the fiscal...

Following the announcement of the election results, investors became uneasy, causing panic on the Pakistan Stock Exchange in the post-election period.The benchmark KSE-100 index fell by 2,000 points in the early hours of Friday before starting to gain ground...

As a powerful corporate champion, the Bank of Punjab (BOP) exhibits its unwavering dedication to advancing literature, the arts, and crafts throughout the nation. The bank actively encourages reading, the arts, culture, and the preservation of historical sites via...

The governor of the State Bank of Pakistan (SBP), Jameel Ahmed, declared on Monday that the bank has made the moral choice to replace the current currency system with new notes in all denominations.The governor of the central bank...

Pakistan reached a noteworthy milestone in the first five months of the fiscal year 2023–24 by earning $1,151.956 million from a variety of information technology (IT) services supplied to other countries.When compared to the $1,087.929 million earned during the...