Zuckerberg’s broken promise? – Here’s why Instagram’s co-founders left Facebook
In a surprising move yesterday, we found out that the photo-sharing app Instagram’s co-founders, Kevin Systrom and Mike Krieger had left Facebook, which had...
ECC approves Rs1.733bn Ramzan Relief Package
ISLAMABAD: The Economic Coordination Committee (ECC) has approved a Rs1.733 billion Ramzan Relief Package for 19 daily use items provided by the Utility Stores...
Rupee second worst performing currency in the world
KARACHI: The Dollar today gained about 6.45 rupees in the interbank market as the interim government let the rupee slide deeper into the abyss....
Market daily: bulls back in business as PSX gains more than thousand points
LAHORE
The participants of the daily business at the capital market were not at all dismayed by the political crunch as the index marched towards...
German ambassador’s pictures on Twitter dismiss security concerns in Pakistan
Federal Republic of Germany Ambassador to Pakistan Martin Kobler said that when he first came to Lahore, instead of using a car, he took a train from the Rawalpindi Railway Station to reach the city costing him a mere Rs700. This, however, goes against the image of Pakistan that is portrayed abroad in an unfair manner, and does not reflect reality, the German ambassador added, stressing the need for politicians from both sides to work on improving the perception.
UBL profits down 63pc to Rs2.79bn
LAHORE: United Bank Limited (UBL -33 per cent) in a notification to Pakistan Stock Exchange (PSX) on Wednesday, released its financial results for the...
HBL posts Rs9.9bn profit before tax in first half 2019
HBL on Wednesday declared a consolidated profit before tax of Rs9.9 billion for the six months ended June 30, 2019, with earnings per share...
FBR likely to set Rs5.1tr revenue target for FY21: member
ISLAMABAD: Member Inland Revenue Policy, Federal Board of Revenue Dr Hamid Ateeq on Sunday said keeping in consideration the existing and post Covid-19 pandemic...
Pakistan’s foreign reserves decline by $300mn
The liquid foreign exchange reserves of the country declined by $300 million to $16.069 billion by the week ended September 7, 2018, as compared...
World Bank President Jim Yong Kim resigns
WASHINGTON: World Bank Group President Jim Yong Kim will resign effective February 1, more than three years ahead of the expiration of his term in...
CDNS gains Rs23 billion target in islamic finance, sets Rs40 billion goal for FY 2024-25
National Savings aims to boost Islamic finance sector and promote saving culture with new targets
Soneri Bank partners with FetchSky to upgrade banking services
LAHORE: Soneri Bank with its recent strategic alliances with FetchSky is bringing together the combined expertise of both the companies on one common platform, with...
Pakistan’s ratings drop to B3 negative, MoF attempts to soften the blow
Moody's changes outlook on Pakistan's rating to negative from stable; B3 rating affirmed
Razak Dawood instrumental in shaping business-friendly mini-budget
ISLAMABAD: Unlike the previous ministers of commerce and industry, Prime Minister’s Adviser on Commerce Abdul Razak Dawood has proved to be highly influential in...
PSX ends in green amid range-bound trading
KARACHI: The Pakistan Stock Exchange witnessed a slow start to the trading week, as the indices remained range-bound while volumes remained thin. Foreign investors, much...
