Banks to remain open this weekend: SBP

KARACHI: The State Bank of Pakistan (SBP) has directed 13 authorised banks to keep all their designated branches in the country open from...

Bloodbath at PSX as index plunges over 1,100 points

KARACHI: The Pakistan Stock Exchange (PSX) had a forgettable start to the trading week, with the indices crumbling amid concerns over rising coronavirus...

Farrukh Hussain Khan assumes charge as PSX CEO 

KARACHI: Farrukh Hussain Khan assumed charge as Chief Executive Officer (CEO) of the Pakistan Stock Exchange (PSX) on Monday. In a notification posted...

Pakistan Auto Show hosts symposium on industry’s future

The second day of Pakistan Auto Show 2020 hosted a symposium on the "Future of Automotive Industry" in the country. The motive of...

Crown Group invests Rs2bn in electric vehicles plant

KARACHI: Crown Group has recently organized a market testing and sales display of its exclusive range of CROWN Electric Vehicles which includes two,...

Engro Corp’s consolidated profit rises 28pc

LAHORE: The Board of Directors of Engro Corporation Limited (ENGRO) met on Thursday and Friday to review the company's performance and announce...

KSE-100 loses 232 points amid dull activity

KARACHI: The Pakistan Stock Exchange (PSX) saw another lacklustre session on Friday, as investors opted a cautious approach ahead of the Financial Action...

Enablers collaborates with Payoneer to facilitate entrepreneurs

Enablers, the only Pakistani platform that helps you build Amazon FBA business, has collaborated with the global payments company Payoneer to make...

Replace or convert Rs40,000 prize bonds by March 31: SBP

KARACHI: The State Bank of Pakistan (SBP) has issued new instructions regarding the withdrawal of the Rs40,000 denomination National Prize Bonds. In a statement...

MoC evaluates impact of coronavirus on Pak-China trade

'Although there are slight delays in shipments, normal trading activities are expected to resume in next 10 days'

Uber-Careem merger gets CCP’s nod

--Uber asked to apply a ceiling on its ‘surge multiplier’ at a maximum of 2.5 times the non-surge price --Safety features to be...

SBP reserves up $74m to $12.5bn

KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $74 million to $12,504.7 million during the week...

Stocks close in red ahead of FATF decision

KARACHI: The Pakistan Stock Exchange (PSX) witnessed another range-bound trading session on Thursday, as the investors remained cautious ahead of the Financial Action...

Medicinal imports drop 10pc in seven months

ISLAMABAD: The import of medicinal products into the country during the first seven months of the financial year 2019-20 dipped by 9.95pc as...

Pakistan skips slipping into FATF blacklist: report

No voting will be done on Pakistan’s exit from grey list as period of stay in the list is at least two years