Bulls retake charge at PSX as index gains 816 pointsKarachi: Pakistan equities after profit taking on Tuesday, regained its positive momentum by closing up 816 points, or 1.9% to close at 43,631 points. Bullish close witnessed at PSX on renewed foreign...
PM assures ABAD of reduction in property transfer taxKARACHI: Prime Minister Shahid Khaqan Abbasi has assured Association of Builders and Developers of Pakistan (ABAD) to provide all basic facilities including water, gas and electricity for ABAD Social...
SaudiGulf Airlines announces service to four destinations in PakistanKARACHI: SaudiGulf Airlines, the new full-service national carrier of Saudi Arabia owned by Abdulhadi Al Qahtani and sons holding company (Tareq Al Qahtani and Brothers) - is pleased to announce the s...
PTCL Smart Cloud certified on Int’l Security StandardsIslamabad: Pakistan Telecommunications Company Limited (PTCL) reaches yet another milestone in Digital Services as it attains Payment Card Industry Data Security Standard (PCIDSS) certification v3.2 f...
SBP declared best central bank for promoting Islamic financeKarachi: The State Bank of Pakistan has been voted as the Best Central Bank in Promoting Islamic Finance by a poll conducted by International Finance News (IFN), an arm of Red Money Agency, Malaysia....
Trade deficit widens to $17.96bn in H1FY2017-18KARACHI: Pakistan's trade deficit in first half of current fiscal widened to $17.96 billion from the $14.42 billion reported in corresponding period of last fiscal, official data showed on Wednesday....
Higher demand for better grade keeps lint physical prices strong during tradingKARACHI: Improving demand for better grades of lint remained higher and fetched premium price while physical prices stood strong during trading session at leading stations of lint market in Punjab and...
Dollar closes flat in value versus rupeeKARACHI: Greenback closed flat in value versus domestic unit in interbank and edged lower in open market transaction. Following insignificant demand during intraday trading dollar closed at Rs 110.20...
Gold price sustains stability on demand, hedgingKARACHI: Yellow metal prices in international and domestic markets recovered value on demand from hedgers and on Gold Futures speculations besides buying by investors on short term basis. Buyer in imm...