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Israel-Hamas Conflict May Cost $51 Billion, Straining Israel’s Economy
The Calcalist financial newspaper reported Israel's ongoing conflict with Hamas in the Gaza Strip could cost up to 200 billion…
US Dollar Rebounds Sharply in Pakistan, Nearing Rs285
The US dollar has demonstrated a pronounced resurgence, approaching Rs285 in the interbank market, following a dip in mid-October. This…
Dip in Pakistan’s Cement Sales, But Exports Skyrocket in October 2023
Cement sales in Pakistan decreased 5.78% in October 2023, amounting to 4.007 million tonnes. According to the All Pakistan Cement…
Cryptocurrency Prodigy Sam Bankman-Fried Convicted for Multi-Billion Fraud
Sam Bankman-Fried, a cryptocurrency prodigy, has been convicted by US prosecutors for defrauding billions of his clientele. A swift jury…
Pakistan Requires $340 Billion by 2030 to Address Climate Change: Shamshad Akhtar
Caretaker Finance Minister Shamshad Akhtar declared that to tackle climate change challenges by 2030, Pakistan requires an investment of around…
Shell Confirms Sale of Major Stake in Shell Pakistan to Wafi Energy LLC
Shell Petroleum Company Limited, a branch of Shell plc, has confirmed the sale of its 77.42% interest in Shell Pakistan…
Bank Alfalah Launches New International Branch in Dubai
Bank Alfalah, a leading commercial bank in Pakistan, inaugurated its international branch on the renowned Sheikh Zayed Road, Dubai. The…
Govt Announces Major Hike in Gas Prices
The federal cabinet, led by Prime Minister Anwaarul Haq Kakar, approved a hike in gas prices on Monday to garner…
SBP Retains Policy Rate at 22% Amidst Economic Developments
The State Bank of Pakistan (SBP) confirmed on Monday that it decided to retain the key policy rate at 22%,…