Business
Business
Pakistan’s Forex Reserves Soar to $14B, Dar Told Senate
The foreign exchange reserves of Pakistan have seen a significant uptick from eight billion dollars to roughly 14 billion dollars,…
Ryanair Pilot Strike in Belgium Disrupts Summer Trave
Ryanair, the Irish budget airline, is currently grappling with a strike by its pilots based in Belgium as part of…
Pakistan’s Oil Industry Requests Hike in Diesel Price Amid Rising Import Costs
The Oil Companies Advisory Council (OCAC) has penned a letter to the Oil and Gas Regulatory Authority (OGRA), advocating for…
China’s EXIM Bank Extends $2.4 Billion Loan Rollover to Pakistan
Finance Minister Ishaq Dar revealed on Thursday that China had provided Pakistan with a financial boost by extending a loan…
SBP Lifts Restrictions on Dollar Imports
The State Bank of Pakistan (SBP) has changed foreign exchange policies and allowed the exchange companies to import U.S. dollars…
UBS Faces Fines $387m Due to Credit Suisse’s Misconduct
The Federal Reserve of the United States shack down the Swiss banking giant UBS with hefty fines of $387 million.…
Pakistan’s Gold Prices Soar Rs. 2,000 / Tola
The gold prices in Pakistan experienced a significant rise, increasing by more than Rs2,000 per tola. The price hike occurred…
Rising Demand for Dollars May Depreciate Pakistani Rupee Further
As a result of the International Monetary Fund's insistence on a market-driven exchange rate, the rupee may experience additional depreciation…
Indus Motor Company Closed Production Amidst Import Challenges
Renowned in Pakistan's automobile sector as the manufacturer of Toyota vehicles, Indus Motor Company Limited has temporarily halted its manufacturing…