Market Daily: KSE 100 sheds 4.52pc, highest weekly loss in 2018

KSE 100 closed at 41,624 points (-4.52 per cent WoW), highest weekly loss of 2018 amidst depleting foreign reserves and rising political noise ahead of general election 2018.

Chinese company mulls to invest in Islamabad IT zone

Adviser to Prime Minister on Commerce Abdul Razak Dawood on Wednesday met a Chinese delegation of investors, inviting them to explore the...

Election 2018: Political parties release specific plans for CPEC

ISLAMABAD: With the General Election 2018 around the corner, almost all major political parties have come up with their respective election manifestos...

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.

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...

Economic Survey 2017-18: Govt blames political uncertainty for missing growth targets

Miftah says highest growth rate of 5.79 per cent achieved in 13 years. Ahsan says all promises made by his party in its manifesto fulfilled.

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.

PM establishes Cabinet Committee on Chinese Investment Projects

Committee will oversee and facilitate Chinese investment initiatives

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

Avanceon and ZOMCO sign JV to expand presence in Saudi Arabia

JV will complement the companies respective expertise and experience to gain ground within the system integration and automation space in the region

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.

Engro to invest Rs7.6bn in a new PVC plant

LAHORE: In a notification sent to the Pakistan Stock Exchange (PSX), Engro Polymer and Chemical Limited (EPCL) notified the bourse regarding financing...
Imran Khan

PM directs all-out measures to facilitate foreign investors

ISLAMABAD: Prime Minister Imran Khan on Thursday called for the utmost facilitation and incentivization of Pakistani expatriates looking to invest in their...

Gulf investors seek exit opportunity from Pakistan’s banking industry

LAHORE: After holding their positions for decades, a number of Gulf investors are looking for a suitable exit opportunity from the Pakistani banking...

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...