The 100-Index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Tuesday, gaining 1,632.41 points, a positive change of 1.47 percent, closing at 113,010.38 points as compared to 111,377.97 points on the last trading day. A total of 486,935,003 shares were traded during the day as compared to 415,160,931 shares the previous trading […]
Business
Pak, Kuwait pledge to transform ties into economic partnership
Pakistan and Kuwait have reiterated their commitment for further expanding the bilateral cooperation and transforming the existing relations into mutually beneficial strong economic partnership. This resolve was expressed at a meeting between Prime Minister Shehbaz Sharif and his Kuwaiti counterpart Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah, on the sidelines of the World Governments Summit 2025 in […]
Tanveer chairs meeting to review sugar production, demand
Minister for Industries and Production Rana Tanveer Hussain on Friday chaired the Sugar Advisory Board meeting to review the production and demand of sugar in the country. The meeting was attended by Chairman Federal Board of Revenue (FBR) Rashid Mahmood Langrial and other senior officials, said a news release. The minister emphasized the need for […]
Gold prices up by Rs100 per tola
The price of 24 karat per tola gold increased by Rs 100 and was sold at Rs 303,100 on Tuesday against its sale at Rs 303,000 on previous trading day, All Pakistan Sarafa Gems and Jewelers Association reported. The price of 10 grams of 24 karat gold also increased by Rs 86 to Rs 259,859 […]
Rupee gains 5 paisa against dollar
Pakistani rupee on Tuesday appreciated by 5 paisa against the US dollar in the interbank trading and closed at Rs279.16 against the previous day’s closing of Rs279.21. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 279.75 and Rs 281.25, […]
RDA inflows rise to $9.56bn in Jan 2025
The inflow of remittances under Roshan Digital Account (RDA) has risen to US $9.564 billion by the end of January 2025 as compared to US $9.342 billion by December (2024) end. The data showed that the inflows of remittances during January were recorded at US$ 222 million as compared to US$ 203 million in December […]
ICCI, Egypt diplomat discuss strategies to boost bilateral trade
Sameh Ahmed E-Ghamrawi, Charge’ d’Affaires of Egypt, Tuesday pledged to boost bilateral trade between Egypt and Pakistan by facilitating business exchanges and promoting private sector collaboration. During his visit to the Islamabad Chamber of Commerce and Industry (ICCI), accompanied by Embassy officers, Amr Abdallah and Ahmed Zowil, he emphasized the need for increased business delegation […]
PEDO, EZMDC review proposals for utilization of affordable electricity
Pakhtunkhwa Hydel Development Organization (PEDO) and Khyber Pakhtunkhwa Economic Zones Development and Management Company (KP-EZDMC) discussed proposed framework for transmission lines to explore various suggestions to utilize the locally electricity for industrial sectors at affordable rates here on Tuesday. The meeting was co-chaired by the Special Assistants to KP Chief Minister on Industries and Energy […]
PBF expects elimination of non-tariff barriers during Erdogan’s visit
Pakistan Business Forum (PBF) on Tuesday said that Pakistan and Turkiye are set to expand their Strategic Economic Framework (SEF), including the Trade in Goods Agreement (TGA), during Turkish President Recep Tayyip Erdogan’s visit on 12th Feb, as business community is expecting to stream line trade procedures and eliminating non tariff obstacles. Talking to APP […]
Industrialists, commissioner Discuss industrial estate issues
A delegation of prominent industrialists met with Commissioner Amir Kareem Khan to discuss issues related to the Industrial Estate. Commissioner Khan emphasized the need for improved coordination between industrialists and relevant departments, urging them to work together to address the city’s challenges. He highlighted the importance of upgrading the aging sewerage system in the Industrial […]