5 key MOUs with Saudi Arabia now concrete contracts: Dr Musadik By: APP on November 2, 2024Minister for Petroleum Dr. Musadik Malik is optimistic about the Memorandum of Understanding (MOUs) signed with Saudi Arabia, predicting significant outcomes where around five of these MOUs have evolved into concrete contracts and transactions, which will likely boost employment and investment opportunities. In an exclusive interview with a private news channel, he said Pakistan’s economy […]
EV’s policy on November 30: Rana Tanveer By: APP on November 2, 2024Minister of Food Security, Industries and Production Rana Tanveer Hussain on Friday told the Senate that the Electric Vehicle (EV) policy would be announced on November 30 to promote local manufacturing of EVs and ensure a sustainable transport system. Replying to the question of Senator Zeeshan Khanzada in the 343rd session of the Upper House, […]
SBP to announce monetary policy on Nov 4 By: APP on November 2, 2024The State Bank of Pakistan (SBP) will announce Monetary Policy on November 04 in a meeting of the Monetary Policy Committee (MPC). The MPC will meet on Monday, November 04 to decide about the Monetary Policy, a press release issued by SBP said. The SBP will announce the Monetary Policy decision in a press statement […]
DWP Technologies shines at Cisco and Ingram Partner award night 2024 on November 1, 2024Lahore, October 31, 2024 – DWP Technologies, a division of Pakistan’s leading business conglomerate, DWP Group, has secured two prestigious accolades at the Cisco and Ingram Partner Award Night held on October 23, 2024, in Karachi. The company was honored with the Cisco Technology Partner of the Year and Security Partner of the Year awards, […]
PSX plunges 1.46pc on profit-booking By: APP on November 1, 2024The 100-Index of the Pakistan Stock Exchange (PSX) continued with bearish trend on Thursday, losing 1,319.80 points, a negative change of 1.46 percent, closing at 88,966.77 points as compared to 90,286.57 points on last trading day. A total of 546,274,609 shares were traded during the day as compared to 614,564,066 shares the previous trading day, […]
FBR launches advance stock register system By: APP on November 1, 2024The Federal Board of Revenue (FBR) on Thursday launched an advanced Stock Register system via the Information Center 2.0 platform to provide officers real-time, in-depth access to registered persons’ data, bolstering transparency and securing compliance with Income Tax (IT) and Sales Tax (ST) regulations. The board has launched the system under the direction of the […]
SECP issues position paper to enable startup-friendly ecosystem By: APP on November 1, 2024The Securities and Exchange Commission of Pakistan (SECP) has issued a comprehensive position paper aimed at fostering a supportive start-up ecosystem in the country for recognizing the importance of a strong Startup friendly ecosystem in Pakistan. The paper seeks to gather feedback from stakeholders and highlights the critical role of start-ups in driving economic growth […]
SBP to announce monetary policy on Nov 4 By: Agencies on November 1, 2024The State Bank of Pakistan (SBP) will announce the monetary policy on Monday, 24th November 2024, the central bank said on Thursday. In a press statement issued here, the SBP said that its Monetary Policy Committee (MPC) will meet on Monday, November 04, 2024 to decide about the Monetary Policy. “Later on, SBP will issue […]
Rupee sheds six paisa against dollar By: APP on November 1, 2024Pakistani rupee on Thursday depreciated by 06 paisa against the US dollar in the interbank trading and closed at Rs277.85 against the previous day’s closing of Rs 277.79. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 277.40 and Rs […]
Gold prices dip by Rs.700 to Rs.287,200 per tola By: APP on November 1, 2024The price of 24 karat per tola gold decreased by Rs.700 and was sold at Rs.287,200 on Thursday compared to its sale at Rs. 287,900 on last trading day. The price of 10 grams of 24 karat gold also decreased by Rs.600 to Rs.246,228 from Rs. 246,828 whereas the price of 10 gram 22 karat […]