HeadlinesFFBL board approves merger with Fauji Fertilizer Company
Fauji Foods also set to become a subsidiary of Fauji Fertilizer following merger approval
Sep 20, 2024
News Desk
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HeadlinesTPL Corp, Abhi to jointly acquire FINCA Microfinance Bank
Acquisition sets stage for a transformative expansion of financial services across the country
Sep 20, 2024
HeadlinesCiti Pharma gets FDA approval, receives its first payment for nutraceuticals export to US
Company’s expansion into nutraceuticals is expected to generate $3 million in annual revenue, with margins projected between 25% and 30%
Sep 20, 2024
World Business NewsADB approves $500mn loan to help Indonesia accelerate its energy transition
Country is at a critical juncture in its energy transition journey, says ADB’s Country Director Jiro Tominaga
Sep 20, 2024
HeadlinesTRG announces Afiniti's debt restructuring plan to boost growth
Debt restructuring set to enhance Afiniti’s financial position and accelerate growth in AI sector
Sep 20, 2024
World Business NewsWorld Bank spends $42.6 billion in climate finance in FY2024
Climate financing made up 44% of World Bank’s total financing in FY24, which amounted to $97 billion
Sep 20, 2024
HeadlinesPakistani rupee experiences modest declines against USD and GBP
Exchange rates show fluctuations as the rupee adjusts against major foreign currencies
Sep 19, 2024
HeadlinesGold prices soar to new heights in Pakistan at Rs268,500 per tola
After a brief decline, local gold prices surged by Rs800, reflecting international market trends
Sep 19, 2024
HeadlinesPower generation drops 17% in August, capacity charges expected to rise
Electricity generation decreased by 8.9% to 28,059 GWh in the first two months of FY2024-25
Sep 19, 2024
HeadlinesAuto financing declines for 26th straight month despite rate cuts
Credit demand for auto loans remains sluggish as total financing falls to Rs227.3 billion
Sep 19, 2024
HeadlinesBanking sector grows by 11.5% in H1CY24
Deposits increased by 11.7 percent in H1CY24 with a major impetus from savings and current deposits
Sep 19, 2024
HeadlinesPSX's KSE-100 pulls back after briefly reaching record high
Investor sentiment boosted by improved macroeconomic indicators, monetary easing, Fed rate cut
Sep 19, 2024