Business

Business

PSO Plans to Acquire Stakes in Energy Companies to Address Debt Issues

Pakistan State Oil (PSO) is actively pursuing a strategy to acquire stakes in public-sector energy companies to offset the significant…

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Engro Corp Plans Expansion into the Middle East, Central Asia, and Africa

Engro Corp, Pakistan's largest conglomerate, aims to penetrate new markets in the Middle East, Central Asia, and Africa, according to…

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ECC Approves Major Wheat and Urea Imports, Boosts Funding for Key Sectors

On Tuesday, the Economic Coordination Committee (ECC) authorized the Centre to procure an additional 400,000 tonnes of wheat. It also…

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CCP Warns PTCL-Telenor Merger Could Stifle Telecom Competition in Pakistan

The Competition Commission of Pakistan (CCP) has raised concerns that the acquisition of Telenor Pakistan by the Pakistan Telecommunication Company…

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IMF Proposes Rs1.3 Trillion in New Taxes for Pakistan’s Budget

The International Monetary Fund (IMF) has recommended that Pakistan introduce new taxes totalling approximately Rs1.3 trillion in its upcoming budget.…

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SECP Approval: PIA Restructuring Scheme Marks Milestone

In a significant development, the Securities and Exchange Commission of Pakistan (SECP) has approved the legal segregation of Pakistan International…

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PSX Jumps 1.2%: 860-Point Rise as Saudi Investment Delegation Visits

On Monday, the Pakistan Stock Exchange's benchmark KSE-100 index surged by 860 points amidst a visit from a Saudi investment…

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SECP Approves Major Restructuring of Pakistan International Airlines

The Securities and Exchange Commission of Pakistan (SECP) has formally approved the restructuring of Pakistan International Airlines Corporation Limited (PIACL).…

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1500 Prize Bond 2024: Check Winners and Details of the 98th Lucky Draw Here

Prize Bonds are a favoured investment choice in Pakistan and are known for their security, which stems from government backing…

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