First Pakistan-Russia trade, investment forum kicks off in Moscow By: agenices on October 2, 2024Pakistan’s Privatization Minister Abdul Aleem Khan has said Islamabad is seeking enhanced cooperation with Russia in several avenues, as the first ever trade and investment forum between the two countries kicked off in Moscow on Tuesday. Khan is leading a delegation of over 70 businesspersons from various sectors in the first ever Pakistan-Russia Trade & […]
80 Pakistani firms to participate in Gulf tech show this month By: agenices on October 2, 2024More than 80 Pakistani companies will be showcasing their products and services at the Gulf Information Technology Exhibition (Gitex) 2024, slated to be held this month in the United Arab Emirates, state-run media reported on Tuesday. Gitex Global is considered one of the world’s largest tech shows, connecting industry leaders from big tech and innovative […]
PSX gains 690 points over buying momentum By: APP on October 2, 2024Buying momentum was seen at the Pakistan Stock Exchange (PSX) on Tuesday as the benchmark KSE-100 Index closed the session higher by 690 points amid expectations of a further cut in the policy rate. The KSE-100 started the session with a buying spree that largely continued throughout the session. At close, the benchmark index settled […]
Pakistan emerges as 2nd-largest market for Chinese solar products amid energy shift By: APP on October 2, 2024Pakistan has emerged as a significant new market for Chinese photovoltaic (PV) companies, aligning with its path toward energy transformation. According to statistics from the China Photovoltaic Industry Association (CPIA), in the first half of 2024, Asia overtook Europe as the largest export destination for PV products and Pakistan has become the second-largest market for […]
Oil prices dip as prospect of additional supply offsets ME fears By: Agencies on October 2, 2024Oil prices edged lower on Tuesday as a stronger supply outlook and tepid global demand growth outweighed fears over escalating conflict in the Middle East and its impact on crude exports from the region. Brent crude futures for December delivery slipped by 49 cents, or 0.7%, to $71.21 a barrel by 1117 GMT. U.S. West […]
Gold prices dip by Rs 600 to Rs 274,900 per tola By: APP on October 2, 2024The per tola price of 24 karat gold decreased by Rs.600 and was sold at Rs.274,900 on Tuesday compared to its sale at Rs. 275,500 on last trading day. The price of 10 grams of 24 karat gold also decreased by Rs 515 to Rs. 235,682 from Rs. 236,197 whereas the price of 10 gram […]
Rupee gains 03 paisa against dollar By: APP on October 2, 2024Pakistani rupee on Tuesday appreciated by 03 paisa against the US dollar in the interbank trading and closed at Rs 277.68 against the previous day’s closing of Rs 277.71. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 278.50 and […]
CDNS to achieve Rs 200bn mark in fresh bonds By: APP on October 2, 2024The Central Directorate of National Savings (CDNS) has achieved a target of Rs 200 billion in fresh bonds and achieved 11 percent of the annual target in the first quarter of current fiscal year, from July 1 to September 30th. The Central Directorate of National Savings (CDNS) has set an annual target of Rs 1650 […]
FBATI elects new leadership By: Agencies on October 2, 2024Businessmen and industrialists’ community associated with the Federal B Area Association of Trade and Industries (FBATI) elected its leadership for the two-year term. According to the official statement, renowned businessman and CEO United King Sheikh Muhammad Tehseen has been elected as President Federal B Area Association of Trade and Industry for the period of 2024-2026. […]
Pakistan, Oman agree on MoU on labour, manpower exchange By: APP on October 2, 2024Pakistan and Oman agreed on the early finalization of a memorandum of understanding (MoU) on labor and manpower exchange which would facilitate the enhancement of Pakistan’s workforce and its smooth movement from Pakistan to Oman. This was decided in a recent meeting held in Muscat between Minister for Overseas Pakistanis and Human Resource Development Chaudhry […]