The federal cabinet will today decide whether to allow some citizens to exchange old notes until December 31, 2026.Although the old currency notes were declared void almost 5 years ago, the State Bank of Pakistan (SBP) and the Ministry of Finance have …

Special Assistant to the Prime Minister (SAPM) on Climate Change Malik Amin Aslam on Monday said that the European Union has agreed to provide €250 million to Pakistan for assisting its clean energy transition and nature-based solutions for ecosystem r…

Pakistan Customs (FBR) has seized smuggled goods worth more than Rs. 10 Million at Torkhan Border.As per details received, a vehicle bearing registration No KAB 465 entered Pakistan through Customs Station at Torkham Border, apparently loaded with yam….

A majority of microfinance banks are struggling to recover loans of significant value after the Covid-19 pandemic and lockdowns hit businesses and the financial capability of their clients across the country.In the last two years, various indicators of…

Pakistan is expected to receive more than $2 billion from various sources within the next one and a half months.The sources include funds from the International Monetary Fund (IMF), the new Sukuk, and Eurobonds issues.Reliable sources from within the S…

Chairman of Ora Developers, Naguib Sawiris, on his visit to Pakistan, expressed high hopes for the real estate sector of Pakistan, adding that Pakistan is an ‘investment heaven’ for foreign investors. He visited Eighteen, a luxury housing society locat…

Telecard Limited has disclosed that its subsidiary Supernet Limited has been awarded a contract of Rs. 100 million by the State Bank of Pakistan (SBP) for a project related to information technology and cyber security.According to a notification issued…

The federal cabinet has approved extension in service of Chairman Securities and Exchange Commission of Pakistan (SECP) Aamir Khan for another three years.This is the first in the history of SECP that a sitting chairman has been awarded an extension. P…

The prices of imported goods have risen at an exponential rate due to the plummeting value of the local currency. A recent report from Dawn has revealed that the prices of imported tires have surged by a massive 25 percent since January.The prices of B…

Mari Petroleum Company Limited (MPCL) has announced the commencement of a 10 MMSCFD natural gas production unit, with effect from 1st December 2021, from Hilal-1 and Iqbal-1 discoveries in Mari gas field to Pakarab Fertilizers Limited (PFL).Both of the…