World Business NewsInvestor demand drives $5bn bond to finance World Bank’s sustainable development activities
Sustainable Development Bond attracts over $11 billion in orders led by global bank treasuries
Oct 9, 2024
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World Business News
HeadlinesStocks close flat after briefly surging past historic 86,000 mark
Upward momentum was fueled by positive economic signals, declining inflation, and an anticipated rate cut
Oct 9, 2024
HeadlinesPakistan's remittance inflows surge by 29% to $2.849 billion in September
Remittances rise 39% to $8.8 billion in the first quarter of FY25 compared to $6.3 billion last year
Oct 9, 2024
World Business NewsOff-grid solar could power 400mn people globally by 2030: World Bank
A $21 billion investment is required to realise off-grid solar’s potential to contribute to universal energy access, report
Oct 9, 2024
HeadlinesGold prices drop by Rs1,000 in Pakistan
Local rates reflect international decline as gold per tola falls to Rs274,700
Oct 8, 2024
HeadlinesBig Bird Foods unveils new seafood line to meet growing demand
Company launches raw fish fillets and finger fish, targets expanding market in Pakistan
Oct 8, 2024
HeadlinesCrescent Steel secures Rs 2.74 billion contract from SNGPL
Deal to supply steel pipes set to enhance infrastructure, completion expected by Q3 FY 2024-25
Oct 8, 2024
World Business NewsWorld Bank signs additional $200 million to support Sri Lanka’s economic reforms
Second RESET DPO aims to support reforms for improving economic governance, enhancing growth and competitiveness
Oct 8, 2024
HeadlinesDawood Lawrencepur completes sale of Reon Energy to Juniper International
This transaction involved the transfer of 102,600,000 shares, constituting 100% of the issued and paid-up capital of Reon Energy.
Oct 8, 2024
HeadlinesGold rates up by Rs200 per tola, reaches Rs 275,700
Oct 7, 2024
HeadlinesHassan Raza appointed as new CEO of Bank of Khyber
Mr. Raza’s appointment is subject to clearance from SBP under FPT criteria
Oct 7, 2024
HeadlinesStocks extend record-breaking rally as KSE-100 closes near 85,000 mark
Index driven by gains in oil & gas, banks, and cement; policy rate cut speculation fuels bullish momentum
Oct 7, 2024