PSX Index plunges 4.8% WoW on interest rate hike by SBPKARACHI: KSE-100 Index fell 4.8% or 1,934 points WoW to close at 38,562 mainly due to higher than expected monetary tightening (150bps interest rate hike), global markets sell-off, fears of redemption...
SEZA recommends 7 extra SEZs for approval to operate in PunjabLAHORE: The Special Economic Zone Authority (SEZA) has recommended seven additional Special Economic Zones for approval to operate in Punjab. The total investment size of the Projects recommended is e...
Mindshare Pakistan takes home top honours at Campaign Asia ‘Agency of the Year’ AwardsThe South Asia 'Agency of the Year' awards were held on in Mumbai on 4th December, recognizing the best individual and agency talent across South Asia in the industry. The award recognized top achieve...
Afghan business delegation to attend 3-day mega ‘Interiors Pakistan’Chief Executive Pakistan Furniture Council (PFC) Mian Kashif Ashfaq has said that for the first time an Afghan business delegation is heading to Pakistan to attend 3-day mega "Interiors Pakistan" on D...
Joint venture of United Insurance Company of Pakistan and Dubai Islamic BankThe ceremony was held on 30Th Nov, 2018 At Marriot Hotel Karachi. The event was attended by the officials of United Insurance Mian. M.A Shahid (Chairmen UIG ) and Mr. Shakil Ahmed (Executive Director...
Is there a Brexit ‘Plan B?’ UK minister offers alternativesBritain could consider a "Norway-plus" deal with the European Union if British Prime Minister Theresa May fails to win lawmakers' approval next week for her unpopular Brexit deal, a senior minister sa...
Buyers strike deals for better grades of lint amid firm physical prices past weekBuyers made deals for better and second grades of lint on premium price while buying in second grade of lint remained on higher side with firm physical prices during past week, traders at Karachi Cott...
Yellow metal price remains flat on Futures speculation, hedgingDomestic and international gold prices averted any fall in value during short period buying besides on Gold Futures speculation and short and long term investment. Yellow metal closed at Rs 64,839 per...