Business
Business
Pakistan Opens Bids for PIA Privatization, Targets 51–100% Stake Sale
On April 23, 2025, Pakistan’s federal government launched the privatisation process for Pakistan International Airlines (PIA) by issuing an Expression…
Gold Hits Record $3,500 as Trade Tensions and Weak Dollar Drive Demand
Gold prices surged past $3,500 per ounce on April 22, 2025, due to a weakening US dollar, escalating trade tensions…
IMF Cuts Pakistan’s 2025 Growth Forecast to 2.6% Amid US Tariff Hikes
The International Monetary Fund (IMF) has lowered Pakistan’s growth forecast for 2025 to 2.6% from 3%, attributing this change to…
Pakistan to Issue Rs30B Green Sukuk for Clean Energy Projects in 2025
The government of Pakistan is set to launch its first sustainable investment asset-backed Sukuk bonds, aiming to raise Rs30 billion.…
Hyundai Tucson Hybrid 2025 Launched in Pakistan: Specs and Prices
Hyundai Nishat has unveiled the 2025 Tucson Hybrid in Pakistan. It blends fuel efficiency, premium features, and performance tailored for…
Dollar Plummets to Multi-Year Lows as Trump Threatens Fed Chair Powell’s Position
On Monday, the U.S. dollar suffered one of its worst trading days in recent years, plunging to a 10-year low…
Gold Hits Record High as Dollar Weakens Amid Trump Tariff Tensions, Fed Feud
Gold prices soared to a historic peak above $3,384 per ounce Monday as investors sought safe havens amid escalating global…
Gold Prices in Pakistan Stable at Rs349,700 per Tola, Silver Unchanged
Gold prices in Pakistan maintained stability on April 19, 2025, with no change reported by the All-Pakistan Gems and Jewellers…
Pakistan Revises Power Plant Agreements, Targets Rs1.58 Trillion in Cost Savings
The Pakistani government has formally requested the National Electric Power Regulatory Authority (Nepra) to approve revised agreements for four public…