CDNS unearths largest-ever ‘scam’ of Rs200 million
Internal control weaknesses, lack of reconciliation of data held in manual and computerized database led to the discovery of this fraud
How the HBL PSL became Pakistan cricket’s financial lifeline
In the past five years, the tournament has consistently been the biggest contributor to the PCB’s revenue. This is where the money comes from, and where it should be going
PSX ends 147 points higher, breaks three-day losing streak
KARACHI:Â Breaking its three-day losing streak, the Pakistan Stock Exchange (PSX) ended the last trading session of the week in green. Foreign investors continued buying...
Is this the end of Abu Dhabi group in Pakistan? And who is to blame?
A banker, a lawyer, and a Sheikh walk into a bar. What follows is not a joke, but a tale of high-stakes business, intrigue,...
The heir to Agha Hasan Abedi
How Abraaj’s downfall has echoes of the earlier scandal of BCCI’s collapse, and how it might impact the place of Pakistanis in global finance
Only 14% of women in Pakistan have access to financial services, reveals survey
Karandaaz Financial Inclusion Survey shows a significant gender gap, with male financial inclusion at 56%, while overall digital financial services access reaches 35%
PSX gains 501 points amid bullish trading
Cement sector manages to add 4.58pc in its cumulative market capitalisation
KARACHI:Â Bullish sentiments prevailed at the Pakistan Stock Exchange (PSX) on the first trading...
Bookme takes big leap with $20 million revenue target and $100 million price tag
The Pakistani ticketing startup was launched in 2014. More than a decade later it is looking to expand beyond Pakistan and has found potential markets
K-Electric posts Rs10.4bn profit for FY17
The Board of Directors of K-Electric Limited has approved the company’s financial results for the year ended 30 June 2017, a private media house...
PSX posts modest gains amid mixed sentiments
KARACHI:Â Investors of the Pakistan Stock Exchange (PSX) showed mixed sentiments before the announcement of budget on Tuesday, as the indices that started the day...
PSX maintains bullish momentum as KSE-100 index climbs 383 points to close above 122,000
Trading volume dips but investor confidence remains strong; Sapphire Fibres leads gainers while PIA Holding sees sharpest decline
Rupee tumbles down to 157 against the dollar, record interbank high
The Pakistani Rupee depreciated to Rs153.75/Rs154 during the early trading hours in the interbank market here on Friday
SBP increases clean lending limit for SMEs to Rs10 million
New regulations aim to boost access to finance for small and medium-sized enterprises, aligning with the National SME Policy 2021
KAPCO’s profit soars to Rs13.1bn
The profit of Kot Addu Power Company's (KAPCO) surged 23.5pc to Rs13.11 billion mainly on the back of a notable drop in the cost...
Pakistan’s private equity potential
Profit explains what private equity is, and talks to some of the major stakeholders about the future
