Business

Business

Chairman ABL Funds Sheikh Mukhtar Ahmad Passes Away

Allied Bank Limited (ABL) has announced the passing of Chairman ABL Funds Sheikh Mukhtar Ahmad in a notice issued to…

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KSE-100 Drops 736 Points on October 09 2025 Amid Heavy Selling

On October 9, 2025, the Pakistan Stock Exchange (PSX) extended its losing streak, with the KSE-100 Index dropping 735.94 points,…

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Pakistan and IMF Near Staff-Level Agreement in 2025 Review Talks

The International Monetary Fund (IMF) reported substantial progress in discussions with Pakistan, edging closer to a staff-level agreement. These negotiations,…

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Gold Prices Hit Record Highs in Pakistan and Globally

Gold prices soared to unprecedented levels in both global and Pakistani markets. Internationally, spot gold rose 1.3% to $4,034.59 per…

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World Bank Projects Pakistan’s GDP Growth at 2.6% for 2025-26

The World Bank’s October 2025 MENAAP Economic Update projects Pakistan’s real GDP growth at 2.6% for FY2025-26, well below the…

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Pakistan’s KSE-100 Index Falls 0.94% Amid Profit-Taking and Economic Uncertainty

The Pakistan Stock Exchange (PSX) saw another volatile session, with the KSE-100 Index closing at 166,173.75, down 1,578.66 points or…

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Pakistan’s KSE-100 Index Drops 0.73% as Investors Book Profits

Pakistan’s equity market started the week with a downturn on October 6, 2025. Investors booked profits after a record rally,…

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Pakistan Ships First $500M Rare Earths Elements to US

Pakistan sent its first shipment of enriched rare earth elements and critical minerals to U.S. Strategic Metals (USSM) in Missouri,…

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Pakistan Seeks IMF Review of Economic Targets Due to Flood Losses in 2025

Pakistan held talks with a visiting IMF team to review economic targets for the third loan tranche. Officials highlighted losses…

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