Business
Pakistan Invites Elsewedy Electric to Expand Its Investment Footprint in Mining & IT
Pakistan has invited Egypt’s leading industrial conglomerate Elsewedy Electric to explore new investment opportunities in the country’s growing mining and IT sectors, as both sides reaffirmed confidence in their economic partnership. The meeting highlighted Pakistan’s push for foreign investment and…
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Gold and Silver Prices in Pakistan Today, 28th October, 2025
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Gold and Silver prices in Pakistan fluctuate frequently based on international market trends. The rates listed here are provided by local gold markets and Sarafa…
KSE-100 Falls Amid Rollover Week Volatility, Corporate Earnings Uncertainty
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The Pakistan Stock Exchange (PSX) opened the week on a bearish note as the benchmark KSE-100 Index slipped 1,140 points, closing at 162,163.81, down 0.70%…
Rupee Gains Slightly Against Dollar, Shows Mixed Global Trend
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The Pakistani rupee saw a minor uptick against the US dollar on Monday, closing at Rs. 281.01, marking a marginal appreciation of Rs. 0.01 in…
Saudi Arabia Extends $1B Oil Facility, Rolls Over $5B Deposits for Pakistan
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In a major boost to Pakistan’s struggling economy, Saudi Arabia has agreed to roll over $5 billion in deposits and extend a $1 billion oil…
Mutual Fund Assets in Pakistan Cross Rs4 Trillion
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Mutual fund assets in Pakistan have exceeded Rs4 trillion, underscoring growing investor confidence despite declining profit rates. According to data from the Mutual Funds Association…
State Bank Keeps Interest Rate Unchanged
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The State Bank of Pakistan on Monday announced its decision to keep the interest rate unchanged at 11 percent. The Monetary Policy Committee decided to…
TPL Trakker Reports 43% Drop in Annual Turnover
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TPL Trakker Limited, a telematics and Internet-of-Things (IoT) company based in Karachi, has reported a sharp 43% decline in turnover for the financial year ended…
K-Electric, NEPRA Clash Over Tariff Cut and Financial Impact: What is it All About?
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The National Electric Power Regulatory Authority (NEPRA) has decided to reduce K-Electric’s average tariff by Rs 7.6 per unit, bringing it down from Rs 39.97…
PAF to Take Over PIA Subsidiary Under Restructuring Plan
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The PIA Holding Company Limited (PIAHCL) has approved the transfer of its subsidiary, Precision Engineering Complex (PEC), to a new entity owned by the Pakistan…
Sindh CM Orders Probe Into KDA Rs11.33bn Development Contracts
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Sindh Chief Minister Murad Ali Shah has ordered a high-level inquiry into alleged irregularities in KDA Rs11.33 billion development contracts that were reportedly awarded without…
Shifa International Hospitals to Merge SMCI into Parent Company
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Shifa International Hospitals Limited (SIHL) has approved a merger with its subsidiary, Shifa Medical Center Islamabad (Private) Limited (SMCI), as part of a plan to…
Systems Limited Reports 46% Profit Growth in First Nine Months
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Systems Limited (PSX: SYS) has announced its financial results for the nine months ended September 30, 2025, showing robust growth across all key metrics. The…
Gold and Silver Prices in Pakistan Today, 27th October, 2025
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Gold and Silver prices in Pakistan fluctuate frequently based on international market trends. The rates listed here are provided by local gold markets and Sarafa…
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