Qatar buys Lebanese bonds as part of $500 million investment in economy
BEIRUT: Qatar has bought some Lebanese government bonds as part of a planned $500 million investment to support Lebanon’s struggling economy, a Qatari government...
Market Daily: Â KSE-100 rises 192 points to 42,924
LAHORE: The Pakistan Stock Exchange (PSX) witnessed another confused session as the indices were seen oscillating in both directions and the day ended in...
Wall Street rises after strong retail sales data, Walmart earnings
US stocks rose in choppy trading on Thursday, as strong July retail sales data and Walmart’s upbeat results eased some fears about the economy...
FBR revenue shortfall surges to Rs184 billionÂ
ISLAMABAD:Â Despite taking an advance worth of around Rs400 billion from the business community as well as from banks, the tax department could not meet...
HBL declares consolidated after-tax profit of Rs8b
KARACHI: Habib Bank Limited (HBL) on Thursday declared a consolidated profit after tax of Rs8.1 billion, with earnings per share for first half of 2018 at...
Pakistan needs a real plan to prevent economic disaster: PEW
ISLAMABAD: The Pakistan Economy Watch (PEW) on Saturday said the country needs a real plan to avert the looming economic disaster.
At this critical juncture...
OGDCL awards $2m worth pre-qualification contracts to offshore company
ISLAMABAD: Though the National Accountability Bureau (NAB) is in full swing against offshore companies, an offshore company has been found attempting to get $2...
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
PTI’s economic team to be largely Karachi-centric
The appointments of heads of key financial institutions are also expected to be from Karachi, the economic hub of the country.
PSX plunges 469 points ahead of Eid
KARACHI:Â The Pakistan Stock Exchange (PSX) ended the only trading session of the week in the red, as indices kept shedding gains right from the...
‘More investors needed to transform Pakistan’s capital market’
PSX chief says Pakistan will have to bring the capital market into documented economy.
KARACHI:Â Pakistan Stock Exchange (PSX) Chief Executive Officer Richard Morin may...
Bearish spell continues as index sheds 102 points
KARACHI:Â Bearish spell extended at the Pakistan Stock Exchange (PSX) for one more session on Wednesday, as the indices dripped all day long amid increased...
Dubai Islamic Bank posts Rs1,853m profit after tax
KARACHI:Â Dubai Islamic Bank Pakistan Limited, a wholly owned subsidiary of Dubai Islamic Bank UAE, in its recent board meeting held in Dubai approved the...
Pakistan’s Airlift secures $12m in Series A financing
Airlift, a Pakistan-based decentralised mass transit system, has secured $12 million in Series A financing. The round was led by First Round Capital, a...
$1bn Chinese investment in social sector expected to be announced
ISLAMABAD:Â A team of Chinese experts is scheduled to visit Pakistan this week which is expected to announce and investment of over $1 billion in...
