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
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...
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.
PM welcomes Qatar’s interest in exploring investment opportunities in Pakistan
ISLAMABAD: The Qatar Investment Authority (QIA) has expressed a keen interest to invest in housing, energy, tourism and airport management sectors of Pakistan,...
U.S., McKinsey & Co reach $15 million settlement over bankruptcy case disclosures
The department’s U.S. Trustee Program (USTP) alleged that McKinsey “made insufficient disclosures about its clients and investments in certain entities” connected to debtors that had hired the consulting firm for financial advice, the department said in a statement
Pakistan amongst best performers, up by 12pc on MSCI, says report
LAHORE: Despite political and external pressures, Pakistan has recorded a surge of 12 per cent on the MSCI index and 6 per...
Market Daily: Cements save the day, KSE 100 adds 168.80pts
LAHORE: The Pakistan Stock Exchange (PSX) opened with bulls unresponsive. Similar to the previous few sessions the benchmark KSE 100 index hovered...
French envoy stresses efforts to enhance bilateral trade and investment
SIALKOT: Ambassador of France to Pakistan, Marc Barety and Head of the Economic Department Phillipe Fouet visited the Sialkot Chamber of Commerce...
Foreign investors concerned about growth potential: OICCI survey
ISLAMABAD: The Overseas Investors Chamber of Commerce and Industry (OICCI) announced on Thursday the results of its biannual “Perception and Investment Survey...
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...
Market Daily: Indices feel the heat post budget, sheds 271pts
Having lost 680.33 points intraday to reach levels of 43,386.63, market bulls tried hard to stage a recovery after noon. Their efforts paid off to some extent and the index ended short of 271.96 points at 43,795.00.
Pakistan recorded non-resident equity flows of +$14 million in January: IIF
January exhibited a rebound in net non-resident portfolio flows to emerging markets and IIF estimates that EM securities attracted $51.1 billion of foreign capital in January, the highest level in twelve months
Has CPEC hit a major roadblock?
China’s infrastructure building spree across the nation seems to have been halted due to Pakistan’s inability to pay its loans
Pension fund industry’s assets cross Rs26 billion: SECP
Over 65 percent of the assets of the pension fund industry are invested in Shariah-compliant funds