Business
Business
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…
IMF Critiques State Bank of Pakistan for Inadequate Inflation Response
The International Monetary Fund (IMF) has recently expressed strong disapproval towards the State Bank of Pakistan's (SBP) monetary policy, accusing…
Pakistan-IMF Agreement: Macroeconomic Stabilization and Policy Reforms
Pakistan and the International Monetary Fund (IMF) have struck a significant agreement to maintain macroeconomic stability while addressing complex economic…
Bank Makramah Limited: The Islamic Transformation of Summit Bank
Summit Bank, following its recent acquisition by a United Arab Emirates (UAE) investor, disclosed a significant name change to the…
Pakistan Refinery Limited and Air Link Communication Eye Stake in Shell Pakistan
Renowned companies, Pakistan Refinery Limited (PRL) and Air Link Communication are keen to procure a portion of Shell Pakistan. This…
First LNG Supply Offer to Pakistan after IMF Loan Approval
In the wake of Pakistan securing a $3 billion loan approval from the International Monetary Fund (IMF), Trafigura Group has…