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Pakistan optimistic about ‘successful completion’ of first IMF review
Karachi: Pakistan is optimistic about successful completion of first International Monetary Fund (IMF) review of $ 3 billion standby arrangement as negotiations between two sides have entered final round, said well-placed sources. Policy-level talks...
Remittances clock in at $2.5bn in Oct, up 11.5pc on monthly basis
Karachi: Inflow of overseas workers’ remittances clocked in at $ 2.5 billion in October 2023, 11.5 percent higher on month-on-month basis when compared to $ 2.2 billion in September 2023, showed data released by State Bank of Pakistan. On yearl...
Pakistan focused most on TAPI Gas Pipeline despite India’s nil interest: PM Kakar
Karachi: Caretaker Prime Minister Anwaarul Haq Kakar said that Pakistan is ready to reap benefits of Turkmenistan-Afghanistan-Pakistan-India (TAPI) Gas Pipeline, despite India’s alleged lack of interest. “On TAPI, there is lot of enthusia...
Pakistan witnesses ongoing surge in gold prices
The price of gold in Pakistan exhibited a notable increase, rising by Rs1,300 per tola in the local market on Friday. Muhammad Arshad, Chairman of the All Pakistan Jewellers Manufacturers Association, reported the new price for the precious yellow me...
Gold price increases Rs200/tola
Gold prices in Pakistan slightly increased yesterday, with per tola rate of the yellow metal witnessing a gain of Rs200 to reach Rs214,200. The 10-garam gold was sold at Rs183,642 after an increase of Rs172, according to the rates shared by the All...
Bullish run continues at PSX, KSE-100 gains over 525 points
Bullish run continued at the Pakistan Stock Exchange, as the benchmark KSE-100 Index settled at a new historic high level of 54,261 level amid record activity yesterday. Led by institutional buying, the benchmark index crossed the 54,000 level durin...
Alvi ties with Indonesia to promote trade, investment
ISLAMABAD: President Dr Arif Alvi yesterday called for further promoting trade, investment, economic, cultural and political relations with Indonesia to bring the two countries further closer. The president expressed these views while talking to the...
UFL, PET join forces to achieve Net Zero emissions by 2050
Karachi: Unity Foods Limited (UFL) and its affiliated companies have embarked on transformative journey towards more sustainable and environmentally responsible future. In initiative, UFL has teamed up with Pakistan Environment Trust (PET) to commit...
Emirates celebrates decade of success in Sialkot
Karachi: Emirates, world’s largest international airline and facilitator of vital trade links announced significant milestone in its history in Pakistan. This month, Emirates is celebrating its 10th anniversary of providing customers in Sialkot...
PSX achieves record high, breaks through 53,500 barriers
In Karachi, the Pakistan Stock Exchange (PSX) saw a bullish trend as the KSE-100 index rose by 1.39 percent on the first business day of the week, reaching an "all-time high" and surpassing the 53,500 milestone, as reported by ARY News. According to...
