Business
Arif Habib Consortium Buys 75% PIA stake for Rs135bn
Pakistan on Tuesday finally sealed the sale of a 75% stake in Pakistan International Airlines for Rs135 billion while ending years of stalled privatisation attempts. The…
Business
Business
PM Offers UAE To Invest In Pakistan
Prime Minister Shahbaz Sharif has offered United Arab Emirates (UAE) to invest in different areas of the economy including energy and minerals. Pakistan and UAE are…
Business
Govt Makes Second Effort To Privatize PIA
The government is going to make second attempt to privatize the country’s state run national flag carrier Pakistan International Airlines (PIA) today. The bid process will…
Business
Stock Market Sheds Amid Voltality
The KSE-100 Index ended the session at 171,204 points, shedding 200 points amid continued volatility and mixed investor sentiment. Pakistan Stock Market Bleeds Throughout the trading…
Business
Pakistan, UK seal £35m Green Compact For climate resilience
ISLAMABAD – Pakistan and the United Kingdom formalised a wide-ranging climate partnership with the launch of the UK–Pakistan Green Compact, a framework aimed at strengthening climate…
Business
Stocks rise as SBP rate cut boosts KSE-100 sentiment
KSE 100 Index increased +1% on WoW basis; this positivity can be accredited to cut in policy rate by 50bps in monetary policy meeting held on…
Business
Elon Musk’s Net Worth and Influence Go Hand in Hand
Elon Musk, who is already the world’s richest person, has reached another historic milestone now. The valuation of SpaceX continues to surge while accelerating his path…
Business
LHC refuses to halt CAT proceedings in fresh poultry cartel case
ISLAMABAD, Dec 18: The Lahore High Court (LHC) has refused to stay proceedings of the Competition Appellate Tribunal (CAT) in the PKR 155 million cartelization case…
Business
Chaman Chamber Seeks Industrial Zone
Islamabad — Special Assistant to the Prime Minister on Industries and Production, Mr. Haroon Akhtar Khan, held a meeting with the Chaman Chamber of Commerce and…
Business
Funds Take the Wheel as Falling PIB Yields Ignite a Rally
The local bourse saw strong buying interest from local funds after a drop in PIB yields boosted investor confidence. The momentum pushed the index to an…
