PSX Opens Week Lower, Drops 178 Points Amid Bearish Sentiment
The Pakistan Stock Exchange (PSX) began the week on a bearish note, with the benchmark 100-Index losing 177.93 points. The…
PSX Faces Bearish Start to the Week, Drops 178 Points Amid Investor Caution
The Pakistan Stock Exchange (PSX) kicked off the week on a bearish note as the market saw a significant dip…
Yousaf Hussain Appointed OICCI President for 2024-2026 Term
Yousaf Hussain, the President and CEO of Faysal Bank Ltd., has been elected as the new president of the Overseas…
Faysal Bank Joins Forces with Mastercard and 1LINK to Launch Shariah-Compliant Debit Card
Faysal Bank Limited (FBL) has announced a groundbreaking partnership with Mastercard, a global leader in payment technology, and 1LINK, Pakistan’s…
Custodian Bank Approval Could Ignite Bitcoin Bull Run
A significant development in the U.S. financial sector may set the stage for a Bitcoin bull run. The Bank of…
Pakistan Lifts Minimum Export Price on Rice to Boost Global Competitiveness
The Pakistani government has lifted the Minimum Export Price (MEP) on rice, a policy that had been in place since…
IMF Predicts 3.2% Growth for Pakistan’s Economy in FY25 Amid Stabilization Efforts
The International Monetary Fund (IMF) has projected a 3.2% GDP growth rate for Pakistan in the fiscal year 2024-25, following…
Govt to Sign Financial Pact Integrating Provinces into IMF Program, Says Finance Minister
Finance Minister Muhammad Aurangzeb announced that the federal government is set to sign a National Financial Pact with all provincial…
PSX Declines Amid Persistent Selling Pressure, Drops 365 Points
The Pakistan Stock Exchange (PSX) continued its downward trajectory on Friday, with the benchmark 100-Index falling by 365.83 points. It…
PM Establishes Five Working Groups for FBR Transformation Roadmap
The Prime Minister of Pakistan has established five working groups to advance the Federal Board of Revenue’s (FBR) Transformation Plan.…