Business
Business
UAE Completes First Government Transaction Using Digital Dirham
The United Arab Emirates has achieved a significant milestone in digital finance by completing its first government transaction using the…
Pakistan Stock Exchange Sees Cautious Rebound as KSE-100
The Pakistan Stock Exchange experienced a cautious rebound during Wednesday's trading session. The benchmark KSE-100 index advanced 313 points to…
FBR Launches Historic Audit of 8 Million Income Tax Returns
The Federal Board of Revenue (FBR) will carry out an extensive audit of income tax returns this fiscal year. Departmental…
Gold Prices Surge 3% to Two-Week High on Fed Rate Cut Expectations
Gold prices surged nearly 3% on Monday, reaching their highest level in over two weeks. The rally followed disappointing U.S.…
China’s Internet Platforms Quietly Revive Consumer Lending
China's major internet platforms are cautiously reviving their consumer lending businesses. According to industry sources, companies interpret recent government measures…
Pakistan $1B World Bank ADB Loans for Tax & SOE Reforms
Pakistan is negotiating two foreign loans totalling $1 billion to enhance its tax system and reform state-owned enterprises. The government…
Pakistan’s ECC Approves Rs1.23 Trillion Circular Debt Resolution
The Economic Coordination Committee (ECC) of the cabinet has taken decisive action to address Pakistan's power sector crisis. Specifically, the…
PSX Falls 481 Points; MSCI Adds 3 Pakistani Banks to Index
The Pakistan Stock Exchange (PSX) experienced a modest decline on Thursday, with the benchmark KSE-100 index falling 0.30%. Investor sentiment…
Pakistan Raises Rs974 Billion in PIB Auction
The government mobilised Rs973.8 billion through an auction of Pakistan Investment Bonds (PIBs) on Wednesday. The strong result reflects significant investor interest…