Business
Mashreq Bank Unveils Pakistan’s First Current Account With up to 5% Profit
Mashreq Bank Pakistan is ramping up its digital banking ambitions with a new push to capture workers’ remittances and reshape how current accounts work in the country. The digital bank, one of only two operating in Pakistan, has introduced profit…
Trending
Trending Topics
Dollar Climbs, Bitcoin Breaks Records, and Stock Market Soars After Trump Win
4 min read
As early election results came in for the US presidential election on Wednesday, traders bet on Donald Trump to win, which caused the dollar to…
SBP Grants In-Principle and Pilot Operations Approvals to EMIs and PSOs/PSPs
2 min read
The State Bank of Pakistan (SBP) has granted in-principle approval to Toko Lab Private Limited and Accept Technologies Private Limited (PayMob) for establishing their operations…
PSEB Opens Bidding for Nationwide e-Rozgar Centers
3 min read
The Pakistan Software Export Board (PSEB) has launched a nationwide program to encourage IT startups and specialized digital training by officially inviting applications to build…
Farrukh Sabzwari Appointed as CEO of PSX, Set to Serve for Three Years
2 min read
Farrukh H. Sabzwari has been appointed Chief Executive Officer (CEO) of Pakistan Stock Exchange Company Limited (PSX) for a term of three years, effective November…
SBP Chief Reports October Remittances Exceed $3 Billion
3 min read
KARACHI: The State Bank of Pakistan (SBP) is anticipating $500 million from the Asian Development Bank (ADB) this week, and higher foreign inflows are expected…
SBP Eases Policy Rate by 2.5% as Inflation Shows Steady Decline
3 min read
The Monetary Policy Committee (MPC) of the State Bank of Pakistan decided to cut the policy rate by 250 basis points to 15 percent, effective…
Important Update on Profit Rates for Savings Schemes
2 min read
On Friday, the government stated that from November 4th, 2024, profit rates on National Savings Schemes (NSS) will be reduced. The government has announced a…
Khyber Pakhtunkhwa Govt Ready to Acquire PIA with Bid Exceeding Rs10bn
3 min read
The Khyber Pakhtunkhwa (KP) government has officially informed the federal government of its intention to place a bid for Pakistan International Airlines (PIA) that exceeds…
PTA Cautions Public on Illegal and Unlicensed Forex Trading Platforms
2 min read
The Pakistan Telecommunication Authority (PTA) has issued a stern advisory, warning citizens against investing in unauthorized foreign Forex trading platforms. Highlighting platforms such as Exness,…
Record Emigration: Economic Instability Forces Pakistan’s Best and Brightest to Depart
5 min read
Economic challenges are prompting skilled workers to leave Pakistan, resulting in a significant talent drain from banks, hospitals, and multinational companies. Asad Ejaz Butt, a…
FBR Confirms No Further Extensions for Income Tax Return Deadline
2 min read
The Federal Board of Revenue has decided that there will be no more extensions to the deadline for filing income tax returns. The FBR has…
UBL Proposes Merger with Silkbank
2 min read
United Bank Limited (PSX: UBL) has offered to merge Silkbank Limited (PSX: SILK) under Section 48 of the Banking Companies Ordinance, 1962 (Amalgamation). This proposal…
Over 200 FIRs Filed Against Real Estate Firm Bidding on PIA
2 min read
Blue World City is the only company to meet the criteria for bidding on a stake in Pakistan International Airlines (PIA), the nation’s flagship carrier.…
Latest News
