For the Average Joe, where to invest is the question
Should one dabble into stocks, venture into the real estate or stay with the good old banks for a next-to-nothing yield?
Turkish Shylock twists Pak’s arm for $846m pound of flesh
Turkish Karkey demands immediate payment of $846 million arbitration award handed down by the ICSID in August 2017 to Pakistan.
Cassini Partners to launch operation in Pakistan from May 2
ISLAMABAD: Cassini Partners has announced the official launch of its Pakistan operations from May 2. The launch event will include a presentation...
Asad Umar presents amendments to budget for ongoing fiscal year
Finance Minister Asad Umar on Tuesday announced a “mini-budget” in the National Assembly and said that if the government continues in the present economic trajectory, the country will be doomed.
Pakistan becomes first country to be downgraded twice by MSCI
The downgrading might actually result in a big fish in a small pond effect for Pakistan
CLSA to enter Pakistan’s brokerage & investment sector with investment in Alfalah Securities
In January, CLSA expressed keenness to enter the country’s banking sector, as it saw significant investment opportunities in Pakistan
AGP Ltd raises Rs2.8 bn in IPO
KARACHI: AGP Limited, a part of OBS Group, the 8th largest Pharmaceutical Group in Pakistan, successfully raised Rs2.8 billion from foreign, local...
Not reliant on interest rates alone-interview with Zafar Masud, Director General, National Savings
Zafar Masud is a career banker and finance expert of proven credentials in top positions in corporate and investment banking and cash...
Petroleum sector makes waves, OGDC wipes 112pts
LAHORE: The oil and gas sector made waves at Pakistan Stock Exchange (PSX) throughout the day as the Oil & Gas Development...
Gunning for capital growth
Introducing equity investment in Pakistan, Capventures brought $5 million as FDI to Pakistan from the UK, the UAE and Hong Kong –...
Abraaj’s reputation nosedives over allegation of misused funds
Abraaj has seen a wave of investments get sidelined, a shake-up of its top management, talks of divestment of its investment arm collapse and questions over misuse of funds by leading investors like Melinda Gates Foundation continue
Abraaj to sell fund management unit, K-Electric to resolve liquidity issues
Abraaj met with banks, including Societe Generale and Mashreqbank that have the biggest exposure, sources said
Unintended outcome as food festival ends up attracting real estate investors
LAHORE: The recently held Coca-Cola Food and Music Festival – Coke Fest at Lake City Golf and Country club has surprisingly helped push...
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.
Market Daily: Uncertainty grips PSX as investors await monetary policy announcement
The KSE 100 touched its intraday high of 40,781.43 minutes after the session begun. It then went south to hit intraday low of 40,462.91. Failing to recover losses it settled lower by 65.97 points at 40,638.83.