ECC okays increase in profit margins for petroleum dealers and OMCs
The Economic Coordination Committee (ECC) of the Cabinet on Tuesday approved revising the profit margins of oil marketing companies (OMCs) and petroleum dealers on petrol…
Business
PSX closes at all-time high as investors cheer IMF’s tranche approval
The Pakistan Stock Exchange (PSX) surged to a fresh all-time high on Tuesday, with market participants showing positive sentiments following the International Monetary Fund’s (IMF)…
IMF Loan Disbursement Sparks Fresh Buying at Pakistan Stock Exchange
The Pakistan Stock Exchange (PSX) witnessed bullish trading on Tuesday as investors welcomed the International Monetary Fund’s (IMF) approval of a $1.2 billion disbursement for…
IMF Executive Board Approves $1.2bn Disbursement to Pakistan
The International Monetary Fund (IMF) has approved a $1.2 billion disbursement for Pakistan following the second review of the country’s economic reform program under the…
IMF Board Meets Today; Pakistan Awaits $1.2 Billion Approval
The Executive Board of the International Monetary Fund (IMF) is scheduled to meet today, with Pakistan expecting approval of approximately $1.2 billion, according to official…
Finance Minister vows to continue structural reforms
Minister for Finance and Revenue Muhammad Aurangzeb has reiterated Pakistan’s commitment to continue structural reforms for a sustainable transition from stabilization to growth. He was…
Asian Development Bank approves $381 million funding
The Asian Development Bank (ADB) has approved $381 million in financing for three major projects in Punjab, Pakistan, aimed at boosting agriculture, education, and health…
SFD Rollover Boosts Share Prices at Pakistan Stock Exchange
Pakistan Stock Exchange (PSX) saw renewed investor buying on Friday following positive political and economic developments. At 10:05 am, the KSE-100 index stood at 167,471.26,…
Saudi Arabia rolls over $3bn deposit support for Pakistan
Saudi Arabia has extended the term of its $3 billion deposit placed with Pakistan for another year to support the country’s economy, the State Bank…
Chinese Smart Glasses Companies Target Global Markets
In China, AI-powered smart glasses now allow wearers to make payments in shops with just a glance at a QR code and a simple voice…