Interloop raises Rs5.02bn through largest private sector IPO
General public will be offered shares on 21st and 22nd March at a price of Rs46.10 per share
Interloop Limited successfully raised...
President orders audit of AGP
ISLAMABAD:Â President Dr Arif Alvi, for the first time in the country's history, ordered the audit of the Auditor General of Pakistan (AGP).
According...
MCB Bank posts highest ever profit before tax of Rs48.25bn, 200pc cash dividend for 2020
The Board of Directors of MCB Bank Limited (MCB) met under the chairmanship of Mian Mohammad Mansha on Wednesday to review the...
NIFT, Checkout.com aim to bring int’l payment methods to Pakistan
'Implementation of the project, MoU for which was signed last month, will enable both organisations provide payment services through each other's infrastructure'
PML-N’s performance review contrary to claims
High fiscal slippage, falling reserves, and rising debt major threat to the economy.
FBR releases notification for hike in petroleum products
ISLAMABAD: The Federal Board of Revenue (FBR) on Sunday released the notification for an increase in prices of petroleum products. The recent hike, which...
Integry raises $1 million pre-seed
The news comes just as the software integration market has heated up due to COVID-19.
How Arif Naqvi’s fall from grace put Abraaj on brink of bankruptcy
Abraaj filed a petition in the Cayman Islands, requesting the court to appoint PwC as their provisional liquidator
CAA deposits Rs5 bn in Ali Jahangir Siddiqui’s JS Bank, violating Finance Division’s rules
ISLAMABAD:Â In a surprising development, it has reliably been learnt that the Civil Aviation Authority (CAA) has deposited Rs5 billion of funds, which...
Pakistan, several other countries likely to get Paris Club debt relief
Pakistan and the number of countries to get Paris Club debt relief this year under a deal with the G20 is set...
Experts believe Dollar may further weaken against Rupee
KARACHI: A crackdown on illegal money exchanges during the last few months and a smooth supply to the Exchange Companies from the...
Stocks continue to bleed as KSE-100 drops 723 points
KARACHI: The Pakistan Stock Exchange (PSX) bled for yet another session, as the indices again recorded a fresh 52-week low on Wednesday,...
Budget is being prepared to trap next government in financial difficulties: expertsÂ
ISLAMABAD: As the government is likely to announce increased PSDP, salaries, subsidies and other incentives in the next budget despite the double...
Pakistan to pay Rs1,620 billion in interest payments in 2018-19
ISLAMABAD: Pakistan will pay Rs1,620 billion in interest payments for the next fiscal year 2018-19 against the estimates of borrowing loans from external...
IMF to visit Pakistan with $7.5bn package on 27 Sept
ISLAMABAD: After the ‘go ahead’ from the US Secretary of State Mike Pompeo, an International Monitory Fund (IMF) team is scheduled to...