News Desk

Headlines

Oil & Gas Development Company Limited announces successful revitalising Kunnar-8 well

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Situation becomes severe in Pakistan and Bangladesh with airlines unable to repatriate $731 million of revenues earned in these markets, says IATA

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Key driver of this sharp decline in headline CPI is lower food inflation largely due to a 27% YoY decline in wheat prices, report 

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Competition Appellate Tribunal increases the penalty from Rs. 5 million to Rs. 6 million.

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Uncertainty surrounding the budget and concerns over IMF’s tax demands fueled volatility and profit-taking throughout the week 

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From July to May of FY24, the FBR collected Rs8.122 trillion, slightly below the target of Rs8.162 trillion/

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SPI rises by 0.11% WoW, 21.40% YoY  for the week ended May 30, 2024

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Finance Ministry issues notification after initial uncertainty regarding rate cut on the directives of the PM

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Ithmaar directly and indirectly through other group entities, holds a 66.7% stake in Faysal Bank Limited 

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This acquisition represents Aramco’s first Downstream retail investment in Pakistan and signals the company’s growing retail presence in high-value markets.