Pakistan likely to borrow more than $4b from Saudi bank
ISLAMABAD:Â A Saudi-backed Islamic Development Bank (IDB) is poised to lend Pakistan more than $4 billion to revive the nuclear nation's depleting foreign...
CDNS to be safeguarded against ill-gotten money, terror financing: MoF
ISLAMABAD: The Finance Division, through the promulgation of National Savings Schemes (AML-CFT) Rules, 2019, has decided to engage an AML-CFT compliant bank...
ADB triples Covid-19 response package to $20bn
ISLAMABAD: The Asian Development Bank (ADB) on Monday tripled the size of its response to the novel coronavirus pandemic to $20 billion and approved...
Miftah meets WB CEO, apprises regarding 75 reforms implemented by Pakistan
ISLAMABAD: Pakistan delegation led by Adviser to Prime Minister on Finance, Revenue and Economic Affairs Dr Miftah Ismail participated in the IMF,...
SMEs urged to get listed with PSX
ISLAMABAD:Â The Islamabad Chamber of Commerce and Industry, in collaboration with the Pakistan Stock Exchange, organised an awareness programme to educate potential investors...
KSE-100 sheds 325 points as IMF package fails to trigger positively
KARACHI: The Pakistan Stock Exchange (PSX) opened
positively on Thursday after the International Monetary Fund's (IMF) executive
board approved a three-year $6bn bailout plan...
Bull-run continues at PSX as index gains another 827 points
KARACHI:Â Bulls continued to dominate the Pakistan Stock Exchange (PSX), as the indices rallied on first trading session of the week while volumes...
Following another positive session, KSE-100 gains 2,537 points in week
KARACHI:Â The Pakistan Stock Exchange witnessed a volatile session on the last trading day of the week, as the indices swung in both...
1Q2020: Engro Fertilizers posts 86pc decline in profit
LAHORE: The Board of Directors of Engro Fertilizers Limited (EFERT) met on Monday to review the company's performance and announce its financial...
Budget 2018-19: Govt earmarks Rs72,255mn for power division projects
According to the budgetary documents, an amount of Rs65,099.054 million has been earmarked for 47 ongoing hydel projects while Rs7,156 million have been assigned for 18 new schemes under the PSDP 2018-19.
Pakistan’s foreign reserves fall by $309m to $9480m
Foreign exchange reserves held by SBP decreased by $309 million to $9,480 million due to external debt and other official payments, SBP noted.
Finance ministry seeks early nominations of NFC members from provinces
ISLAMABAD: The Finance Ministry has called upon provincial governments to reconfirm their nominations of non-statutory members for the National Finance Commission (NFC)...
Stock market gains 550 points as investor confidence improves
Overall trading volumes improved by 32pc and were recorded at 189.15m
KARACHI:Â After few early bumps, the Pakistan Stock Exchange managed to stand...
PSX falls flat after volatile session
KARACHI:Â The Pakistan Stock Exchange (PSX) managed to close a volatile trading session on Thursday in the green zone. The indices that opened...
PSX turns blind eye to political unrest; index up 173 points
KARACHI:Â Stocks continued to rally for the second consecutive session as the indices marched north throughout Friday, turning a blind eye to the...