The World Bank’s International Finance Corporation (IFC) has approved a $400 million loan for Pakistan Telecommunication Company Limited (PTCL) to help finance the acquisition of Telenor Pakistan.

‘It is to inform that the Board of Directors of Inte…

Fauji Foundation has appointed retired lieutenant general Anwar Ali Hyder as the new Director and Chairman after four years of first civilian CEO Waqar Ahmed Malik.

‘We have to inform you that Mr. Waqar Ahmed Malik, Director/Chairman has ceased to b…

Oil AND Gas Development Company Limited (PSX: OGDC) has discovered gas at its exploratory Well Nur West 01, located in district Sujawal, Sindh, the company informed the main bourse on Monday.

OGDC is the operator (100 percent) of Nur Development AND…

The lawyers’ community is irritated that the Federal Board of Revenue’s (FBR) Tajir Dost Scheme ‘Announcement’ for traders to file returns without lawyers’ help and assistance.

The Pakistan Tax Bar Association (PTBA) has approached Finance Minister …

The Japanese government has warned that it will take Pakistan to the World Trade Organisation (WTO) over pressure on three Japanese car manufacturers to export their vehicles.

Honda, Toyota, and Suzuki face a requirement to export a percentage of th…

The Pakistani rupee fell further 4th day in a row against the US Dollar after opening trade at 280 in the interbank market.

It was bearish against the greenback today.

The interbank rate stayed at 278 most of the day before closing at the 277 level…

In a first, The federal government has decided to keep secret the proceedings of one of the main economic decision-making forums, the Economic Coordination Committee of the Cabinet.

Normally, the Finance Division informs the public about the major d…

JazzCash, Pakistan’s largest fintech organisation, has launched its Islamic Savings product with the highest daily halal profit rates.

The product offers customers free accidental insurance upon subscribing to the service, giving them an added layer…

The Kingdom of Saudi Arabia will likely invest up to $1 billion in the Reko Diq gold and copper mine, high-level sources told ProPakistani.

Finance Ministry sources said that as part of the deal, Saudi Arabia will buy shares of Oil and Gas Developme…

Pakistani startups failed to raise a single dollar in the first three months of calendar year 2024 amid investors’ cautious stance leading up to the General Elections on February 8, which were expected to influence market sentiment in the coming mont…