The Pakistan Furniture Council (PFC) made a significant impact at the 11th International Design and Furniture (IDF) Oman Exhibition, held from February 10 to 12 in Muscat. PFC Chief Executive Officer Mian Kashif Ashfaq told media here Thursday that PFC stall, in collaboration with Omani Medical Mattress World, showcased a diverse range of high-quality furniture, […]
Business
EFU Life strengthens Takaful footprint in KP, Balochistan
EFU Life Assurance Ltd., a leading Life & Health insurer and Family Takaful operator in Pakistan, proudly announces the phased conversion of its individual life branches in Khyber Pakhtunkhwa and Balochistan to Takaful operations. The initiative reinforces the Company’s vision of providing ethical, Shariah-compliant financial solutions, empowering communities, and making Takaful more accessible nationwide. The […]
IMF lauds Pakistan’s economic efforts, says finmin ahead of review
Finance Minister Muhammad Aurangzeb on Wednesday said the government received “very positive” feedback from the International Monetary Fund (IMF) on the country’s macroeconomic stability and reform efforts. In a virtual address at the INSURE IMPACT CONFERENCE PAKISTAN 2025 – Fostering Collaboration, Engagement & Innovation, Aurangzeb shared that the government, led by Prime Minister Shehbaz Sharif […]
Turkish delegation discusses investment potential with finmin
A high-level Turkish delegation met with Federal Minister for Finance Senator Muhammad Aurangzeb here on Wednesday and discussed existing and future investment potential in Pakistan. The delegation led by Atilla Yerlikaya, President of Corporate Affairs, Communications and Sustainability, Anadolu Group included Ahmet Kursad Ertin, Chief Operating Officer (COO) of Coca-Cola Içecek, and Sunay Sanli, General […]
PSX closes marginally lower after range-bound trading
The Pakistan Stock Exchange (PSX) witnessed range-bound trading on Wednesday, as the benchmark KSE-100 Index swayed in both directions before closing the day marginally lower. The KSE-100 started the session positive, hitting an intra-day of 113,436.72. However, the index saw some volatility in the latter hours, which pushed the index to an intra-day low of […]
Gold price per tola falls Rs1,600 in Pakistan
After reaching a record high in the previous session, gold prices declined in Pakistan, in line with their decrease in international rates. In the local market, gold price per tola lost Rs1,600 on Wednesday to settle at Rs301,500. Similarly, 10-gram gold was sold at Rs258,487 after it recorded a decrease of Rs1,372, according to rates […]
Rupee records marginal decline against US dollar
The Pakistani rupee registered a marginal decline against the US dollar, depreciating 0.03% in the inter-bank market on Wednesday. At close, the currency settled at 279.26 for a loss of Re0.09 against the greenback, according to the State Bank of Pakistan (SBP). The rupee had closed at 279.17 on Tuesday. Internationally, the US dollar stepped […]
SAU secures Rs100m grant to enhance mango exports
Sindh Agriculture University (SAU) Tandojam had secured funding worth PKR 100 million from the Export Development Fund (EDF) to establish a Mango Disease and Research Center, Clean Mango Nursery and a Mango Drying Center, aiming to enhance mango exports through value addition. The SAU spokesperson informed “APP” that the faculty members of SAU had successfully […]
KP govt clears Rs78.5bn liabilities, revenue goes up by 49pc
The Government of Khyber Pakhtunkhwa has cleared the inherited liabilities to the tone of Rs78.5 billion and increased the provincial revenue by over 49 per cent while the surplus budget during the last six months has crossed Rs169 billion. This was revealed during the 23rd meeting of Khyber Pakhtunkhwa Cabinet held at the Civil Secretariat […]
Cars’ sale up by 51.48pc during first seven months of FY
The sale and production of cars in the country witnessed an increase of 51.48 and 45.49 percent respectively during the first seven months of current fiscal year 2024-25 as compared to corresponding period of last year. During the July-January 2024-25, as many as 58,266 cars were sold against the sale of 38,464 units while the […]