An agreement between Pakistan and the International Monetary Fund (IMF) over the first review of the $3 billion loan program almost certain. Kristalina Georgieva, the IMF's managing director, stated on Wednesday.The head of the IMF commended the Pakistani government...
Recent rumours on social media suggested that real estate mogul Malik Riaz was about to declare bankruptcy.The Supreme Court's 2019 fine of Rs. 460 billion on Malik Riaz's Bahria Town was the impetus for the bankruptcy rumours.The reports further...
The most anticipated shopping event in Pakistan is quickly approaching! From November 11 to November 21, Daraz's 11.11 Sale—which is known as the largest sale of the year—will reveal the finest bargains. A countrywide event, the eleven-day sales marathon...
Pakistanis may now apply for business and travel visas online through Türkiye, eliminating the need to visit Turkish embassies.This service, which is ready to help travellers, grants a one-month single entry e-Visa to ordinary passport holders who have valid...
A deal has been inked by Shell Petroleum Company Limited to sell Wafi Energy LLC, a Saudi company, its 77.42% majority shares in Shell Pakistan Limited (SPL).According to a statement from Shell, the sale was initially revealed on Capital...
Despite the anticipated price reduction due to the rupee's rise, the interim administration has maintained the same level of fuel prices.The Kakar-led administration agreed on Tuesday to maintain the same gas prices as of late October while modestly lowering...
The massive loss to the already losing government organization is attributed to the current administration of the national flag carrier, according to Safdar Anjum, Secretary General of Pakistan International Airlines Senior Staff Association.Because of the fuel problem, which resulted...
Meezan Bank is happy to present a remarkable opportunity to Muslims who wish to go to Mecca for the Umrah in November 2023, in collaboration with Labbaik Go Assan. The exclusive group Umrah program guarantees a smooth and enlightening...
Due to fuel shortages, Pakistan International Airlines has canceled more than 500 flights in the last 11 days, putting the airline in danger of going out of business.According to sources, the finance ministry has "directed" commercial banks to provide...
With a Rs. 1 billion authorized capital, Askari Bank Limited (PSX: AKBL) plans to create an exchange company, the bank said to the Pakistan Stock Exchange on Friday.The notification further said that the establishment of the firm is contingent...
With an increase in assets to more than Rs. 6 trillion, the National Bank of Pakistan became the second bank in the nation's banking sector to reach this milestone, following Habib Bank Limited.By the end of 2022, the bank's...
For breaking the norms and regulations, the State Bank of Pakistan (SBP) fined Allied Bank Limited and three other parties severely.According to a statement from the Banking Supervision Department of the central bank, all four banks have been hit...
Caretaker Prime Minister Anwaarul Haq Kakar met with Chinese President Xi Jinping on Thursday and reiterated the enduring commitment and trust between Pakistan and China, referring to their alliance as one created in "heaven."Leaders and delegates from almost 140...
The fourth and last day of the Capital Development Authority's (CDA) plot sale will take place today.The city authorities sold seven additional plots yesterday, bringing the total number of plots sold to 15. In its first three days, the...
The potential of a long-term agreement to import up to 1 million metric tonnes of Russian oil annually is being considered, according to acting Energy Minister Mohammad Ali, according to the TASS news agency.In response to Moscow's shipments being...
An orderly process of cargo loading and unloading is taking place at the Gwadar deepwater port in southwest Pakistan, accompanied by the breeze from the Arabian Sea and the sound of sirens. On the Eastbay Motorway that connects to...
According to the Pakistan-Afghanistan Transit Trade Agreement, the Pakistani government has announced a new list of goods that Afghanistan is not permitted to import through Pakistani seaports or border ports.Tyres, black tea, nuts and dry fruits, textiles, cosmetics, hoover...
In Saudi Arabia, Nestlé is advertising job openings with salaries of up to 8,000 Saudi riyals.Throughout Saudi Arabia, Nestlé, a pioneer in the food and beverage sector, has advertised exciting employment openings with competitive pay of up to 8,000...
The Coca-Cola Company has increased the variety of flavours offered in FantaTM by adding Fanta Red Apple to its extensive beverage lineup in Pakistan.Fanta is proud to announce the release of their new apple-flavoured limited-edition pack. Fanta is a...
In September 2023, Pakistan's textile exports decreased by 12 percent year over year (YoY), falling to $1.35 billion from the $1.53 billion reported in the same month of the previous fiscal year.All Pakistan Textile Mills Association (APTMA) statistics show...
