Business Pakistan’s Foreign Exchange Reserves Grow by $67 Million in Weekly ReportBy Maryam AsrarOctober 22, 20230 The State Bank of Pakistan (SBP) reported a weekly increase of $67 million in foreign exchange reserves, reaching $7.7 billion…
Business Meezan Bank Records Highest-Ever Profit of Rs. 58.5 Billion in 9 Months of 2023By Maryam AsrarOctober 22, 20230 Meezan Bank has unveiled its financial results for the third quarter ending in September 2023, demonstrating remarkable performance. The bank…
Technology Pakistan State Oil (PSO) Soars with Record-Breaking 1,727% Profit Surge in Q1 2023By Maryam AsrarOctober 22, 20230 The Pakistan State Oil Company Limited (PSO) reported a remarkable 1,727 percent increase in quarterly profit after tax, totaling Rs.…
Business Pakistan’s Food Exports Surge Nearly 19% in Q1 FY23-24By Maryam AsrarOctober 20, 20230 In the first quarter of fiscal year 2023-24, Pakistan’s food exports exhibited remarkable growth, surging by 18.88 percent to reach…
Business Pakistan Secures Deal for Cost-Effective Oil from RussiaBy Maryam AsrarOctober 20, 20230 Significant progress has been made in securing a cost-effective oil supply from Russia, as Pakistan has recently entered a long-term…
Business Pakistan’s Cotton Arrivals Surge by 19.3% Amidst Agricultural ChallengesBy Maryam AsrarOctober 20, 20230 The Pakistan Cotton Ginner’s Association (PCGA) recently released their latest biweekly report, showing a substantial 19.3% increase in cotton arrivals…
Business China’s United Energy Group Invests $1.5 Billion in Pakistan’s Petroleum SectorBy Maryam AsrarOctober 19, 20230 The United Energy Group of China and Pakistan Refinery Limited have signed a Memorandum of Understanding, indicating a significant $1.5…
Business Dollar Depreciation Leads to Significant Drop in Solar Panel Prices in PakistanBy Maryam AsrarOctober 19, 20230 The depreciation of the US dollar relative to the Pakistani Rupee has had a significant impact on the cost of…
Business Pakistan’s Progress, $25 Billion Worth of CPEC Projects CompletedBy Maryam AsrarOctober 19, 20230 During his speech at the Belt and Road Forum in Beijing, Interim Prime Minister Anwaar-ul-Haq Kakar highlighted Pakistan’s substantial progress…
Business Japan Contributes $5.3 Million for Rebuilding Schools in Flood-Affected AreasBy Maryam AsrarOctober 19, 20230 On Wednesday, Pakistan and Japan officially inked an agreement valued at $5.3 million to facilitate the reconstruction of educational facilities…
