PIA Sale: Key Steps and IMF’s Consent for Successful Privatization
Introduction The privatization of Pakistan International Airlines (PIA), the national carrier, has faced numerous challenges in recent years. However, significant
Read More
Business
ADB Supports Pakistan’s Power Distribution Modernization
The Asian Development Bank (ADB) has approved a loan of $200 million to support Pakistan’s efforts to modernize its power
Read More
PSX Declines Due to Profit-Taking and Geopolitical Fears
Introduction The Pakistan Stock Exchange (PSX) experienced significant volatility on Tuesday, with the KSE-100 index recording a sharp decline of
Read More
Surge in Passenger Car Sales by 49.7%
The automotive industry in Pakistan has witnessed a remarkable growth in passenger car sales, with an increase of 49.7% in
Read More
K-Electric Seeks Approval from NEPRA for Rs 68 Billion Write-Offs
Introduction: K-Electric’s proposal for Rs 68 billion in write-off claims has sparked extensive debate during a recent hearing convened by
Read More
PSX Hits 111,000 Points
Pakistan’s stock market achieved a historic milestone as the KSE 100 index crossed the 111,000-point mark for the first time
Read More
PAF Acquires PEC from PIA
ISLAMABAD: In a significant move to streamline its assets, the government has decided to sell a business unit of Pakistan
Read More
Remittances Soar to $2.9 Billion in November 2024
Overview of Remittance Growth KARACHI: Pakistan recorded a significant inflow of workers’ remittances amounting to $2.9 billion in November 2024.
Read More
US Diplomat Highlights Economic Ties with Pakistan
The economic relationship between the United States and Pakistan has been underscored as a key priority by US Charge D’Affaires
Read More
Saudi Riyal to PKR Exchange Rate Update
The currency exchange market saw slight fluctuations in the Saudi Riyal to Pakistani Rupee (PKR) rates today. As per the
Read More