Pakistani-American tech investors pledge $20mn for Pakistan’s IT sector at US conference

California conference drives forward Pakistan’s IT potential with American investments and strengthened diaspora engagement

Pakistan’s debt-to-GDP ratio falls to lowest level in over six years

Domestic and external debts see a decline, with the total public debt stock standing at Rs. 69.570 trillion as of September 2024.

Pakistan and Russia to discuss revival of Steel Mill, CM Murad announces

Online talks next week set to pave the way for modernizing Pakistan Steel Mills, with a Russian delegation to visit for further assessments.

Pakistan secures $2 billion investment from Maersk Denmark

As Maersk eyes expansion in Pakistan’s shipping sector, Ministry of Maritime Affairs guarantees facilitation and strategic partnership

Govt all set to launch ambitious new vehicle policy

New policy targets 30% NEV sales by 2030, 90% by 2040, and 100% by 2050

Pakistan’s IT exports surge with 25% growth, eyes $25 billion target

Minister Shaza Fatima Khawaja highlights key milestones at Pak-US Tech Investment Conference, focusing on innovation, cybersecurity, and national digitization

Punjab allocates Rs4 billion for free solar panel distribution to combat energy crisis

Government to provide free solar panels to low-energy households, subsidized panels for medium-consumers, and promises significant reduction in bills

Pharmaceutical exports increase 31.11% to $105.936 mln in 1st quarter

ISLAMABAD: The exports of pharmaceutical witnessed an increase of 31.11 percent during the first quarter of the current financial year 2024-25, as...

FTX sues Binance and former chief Zhao for $1.8bn

The repurchase deal was reportedly funded through FTX’s native FTT token, BNB, and Binance’s stablecoin, BUSD

Pakistan auto sales surge by 27% MoM to 13K units in October 2024

Car sales mark a significant recovery across key segments, as new models and lower interest rates drive consumer confidence

Attock Refinery denies sale rumors, stock drops 5.24%

ARL shares displayed significant volatility, opening at Rs495.90 and surging to Rs540.00 before dipping to Rs453.03

India to summon Amazon, Flipkart executives as regulatory scrutiny grows

Indian laws restrict foreign e-commerce players to a marketplace model, prohibiting them from holding inventory

PSX surges, KSE-100 index hits record 94,000 mark

Key sectors witness buying activity; index-heavy stocks trade in positive zone

Pakistan pursues $13 million for health climate resilience training

Panelists stressed the need for a strong, sustainable financial framework to support adaptation efforts

Bitcoin breaks above $81,000 for first time ever

It doubled from the year's low of $38,505 and was last at $81,572 having earlier touched a record high of $81,899