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?
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.
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...
Foreign direct investment in Pakistan declines 17% in 8MFY24
Power sector leads with 30% of total foreign investment, amounting to $249 million
Cabinet approves Rs100bn youth loan programme
Briefing the media about cabinet decisions here, Special Assistant to Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan said the cabinet held a thorough discussion on education policy and the new Rs100 billion youth loan programme.
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?
Pakistan’s FDI up by 7% in first four months of FY2023-24
SBP data shows FDI in October 2023 was recorded at $122.46 million, down by 29.05% MoM from $172.6 million in September
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
Gold prices shatter record highs amid political turmoil
LAHORE: Gold prices on Tuesday reached yet another all-time high as investors moved towards the precious metal due to the political uncertainty...
Pakistan launches VC Fund to boost startup ecosystem
The fund will provide up to $10 million annually to early-stage startups that have secured other investors, aiming to attract global venture capital back to the country.
World Bank’s IFC to invest about $73m in Mahindra’s last mile mobility unit
BENGALURU: Indian automaker Mahindra and Mahindra Ltd said on Wednesday that World Bank’s private investment arm, International Finance Corp (IFC), will invest...
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...
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...
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.
Yen falls, Australian dollar gains as U.S.-China trade angst eases
Worries about Chinese economic growth and the trade row had pushed the offshore yuan to a 22-month trough of 6.9800 midweek.