Day: May 14, 2024

Pakistanis own properties with a combined value of an estimated $11 billion (Rs. 30 trillion) in Dubai according to a bombshell report ‘Dubai Unlocked’, based on leaked property data. Dubai Unlocked is an international investigation into the owners of real estate in Dubai. The property records come from multiple data

The Sindh Government is planning to establish new industrial zones across the province, mainly in Karachi, under a new industrialization policy to attract local and foreign investors and businessmen to boost up economic activities across the province. Jam Ikramullah Dharejo, Minister for Industries and Commerce stated this while talking to

Pakistan Software Houses Association (P@SHA) Chairman Muhammad Zohaib Khan Tuesday said that unanimous and representative budgetary proposals regarding the IT industry from the platform of P@SHA have been submitted to the concerned ministries and important institutions. In a statement, Khan expressed his apprehensions on the applicable tax applied on IT

The State Bank of Pakistan (SBP) has forecast the GDP growth rate to be settled between 2 and 3 percent in the current financial year as against the target of 3.5 percent set earlier despite the improvement in macroeconomic indicators. According to the State of Pakistan’s Economy Report for H1-FY24

President Federation of Pakistan Chamber of Commerce and Industry Atif Ikram Sheikh has said that the Business Community is ready to help the government in taking domestic exports to $100 billion. The solution to energy problems in Pakistan is necessary now and must be a business-friendly environment because Without a

Cnergyico PK Limited, Pakistan’s largest vertically integrated oil refining company, Tuesday announced that it is temporarily shutting down its refinery. In a notice to Pakistan Stock Exchange (PSX), the company said that the decision has been taken due to unavoidable ullage issues pertaining the alarmingly high petroleum products stocks (mainly

The Pakistani rupee (PKR) was stable against the US Dollar today after opening trade at 278 in the interbank market. It was largely stable and closed in green against the greenback. However, it managed to post some gains against other major currencies today. The interbank rate stayed at 278/$ most