Is Ernst & Young about to exit Pakistan?
Ernst & Young, the global accounting and professional services firm that goes by its brand name EY, is re-evaluating its relationship with...
Inside the high returns of the Meezan Sovereign Fund
Al Meezan Investments wants to grow your wealth and is offering high returns. Is there a catch?
Gulf investors seek exit opportunity from Pakistan’s banking industry
LAHORE:Â After holding their positions for decades, a number of Gulf investors are looking for a suitable exit opportunity from the Pakistani banking...
Should you put Dalda in your portfolio?
On the surface, Dalda Foods looks like the kind of company that has characteristics investors would salivate over: the owner of a...
Govt appoints Ali Jahangir Siddiqui as ambassador-at-large for investment
Siddiqui's appointment as Pakistan's Ambassador to US in the previous govt had met with severe criticism from PTI
The Ministry of Foreign...
Will the new boss at the PSX clean house?
The new CEO of the country’s only stock exchange has big plans to expand investor participation in Pakistan. But does he dare take on the power of the brokers?
As the LHC strikes down tax on property, ‘plot’ business may see resurgence Â
New law mandated that every property owner would have to pay tax equivalent to 1% of market value of property to federal govt
2018 to be a bumper year for Pakistan’s cement sector: Report
International Cement Review, the world's leading source of cement manufacturing news and information, in its latest report on the Pakistani cement industry...
Gold hits another all-time high
Pakistan's gold prices rose to a new record high on Wednesday, with the price of 24-carat gold increasing by Rs450 per tola...
Rupee continues to tumble, down 3.1 per cent
It is speculated that the rupee will continue to fall and is expected to be valued at around Rs180 by December 2020 against the US dollar.
Fatima Group acquires 33.33% stake in National Resources, plans further investments
The acquisition was made from Reliance Commodities (Private) Limited, another associated company of Fatima Group, for a total consideration of PKR 252.19 million.
Two new venture capital funds target Pakistani startups. Is there enough deal flow?
If you are an entrepreneur or startup investor in Pakistan, the odds are very high that you have met Kalsoom Lakhani. She...
A terminal of Karachi Port has been sold to Emirati investors. How does it work and could there be roadblocks?
Abu Dhabi Ports is set to takeover operations from the PICT. But will the dicey law used to make the transaction go through prove to be a problem?
Dawood Hercules backs off Rs17.453 billion deal with Edotco Pakistan
At end of August 2017, DHCL in partnership with Edotco entered into an agreement with Veon Pakistan Limited to acquire its wireless tower business in Pakistan for $940 million.
Ali Jahangir Siddiqui in hot waters once again as NAB expands investigation
Azgard Nine Limited, JS Global, Swiss Bank Julius Baer and Securities and Exchange Commission all alleged in illegal remittances worth €23.75 million.