Business
Business
Pakistan-IMF Agreement: Macroeconomic Stabilization and Policy Reforms
Pakistan and the International Monetary Fund (IMF) have struck a significant agreement to maintain macroeconomic stability while addressing complex economic…
Bank Makramah Limited: The Islamic Transformation of Summit Bank
Summit Bank, following its recent acquisition by a United Arab Emirates (UAE) investor, disclosed a significant name change to the…
Pakistan Refinery Limited and Air Link Communication Eye Stake in Shell Pakistan
Renowned companies, Pakistan Refinery Limited (PRL) and Air Link Communication are keen to procure a portion of Shell Pakistan. This…
First LNG Supply Offer to Pakistan after IMF Loan Approval
In the wake of Pakistan securing a $3 billion loan approval from the International Monetary Fund (IMF), Trafigura Group has…
Significant Hike in National Power Tariffs: A Move to Aid Loss-making Discos
To support loss-making power distribution companies (Discos), the national power regulator has raised the national average tariff by about Rs5…
IMF Stresses on Steadfast Implementation of Stand-by Arrangement for Pakistan’s Stability
Julie Kozack, the International Monetary Fund's (IMF) Director of Strategic Communications, has underscored that the "steadfast implementation" of the nine-month…
America’s Oldest Craft Brewery, Anchor Brewing, Shuts Down
Anchor Brewing, the revered institution titled America's oldest craft brewery since its establishment in 1896 in San Francisco, has announced…
Pakistani Rupee Recovers Against the Dollar as IMF Approves $3B Loan
On Thursday morning, Pakistan's currency has seen an improvement of Rs2.14, reaching Rs275.34 against the US dollar in the interbank…
Careem’s New Mass-Commute Service: An Innovative Response to Pakistan’s Inflation
Due to escalating inflation rates in Pakistan, businesses seek affordable transport solutions. Recognising this need, a leading ride-hailing firm, Careem,…