Day: May 14, 2024

The Emirates Group has announced its best-ever financial performance for the fiscal year 2023-24, reporting a record profit of AED 18.7 billion ($5.1 billion), up 71 percent from the previous year. The Group’s revenue rose by 15 percent to AED 137.3 billion ($37.4 billion), driven by strong customer demand across

Pakistan Stock Exchange (PSX) closed at a new all-time high in today’s session after crossing 74,500, summiting the previous high of 73,799 recorded on Monday. Similar to yesterday’s trends, positive vibes from the International Monetary Fund kept up the momentum. Equities closed the day’s affairs at 74,531, up 732 points

A high-level meeting chaired by Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal was held in Islamabad to discuss issues of agriculture and electricity sector impeding the well-being of people in Balochistan. The meeting was attended by Federal Minister for Energy Sardar Owais Leghari, Federal Minister for Maritime

Islamabad High Court has temporarily stopped the federal government from initiating the nationwide blocking process of SIMs of over 500,000 non-filers. A notice has been issued to the federal government in this regard, with the next hearing on the matter scheduled for May 27, 2024. IHC Chief Justice Aamir Fariiq

Minister of State for IT and Telecommunication Shaza Fatima said that the government is aiming to take IT exports to $25 billion. ‘Technology has a very important role in every field as no section can progress without technology’, said the minister while addressing HBL P@SHA CXO Meetup here on Monday.

Prime Minister Muhammad Shahbaz Sharif chaired a meeting to review the affairs of the Ministry of Privatization and the Privatization Commission. During this session, the Roadmap of Privatization Program 2024-2029 was unveiled. The meeting was informed that the pre-qualification process for the privatization of Pakistan International Airlines (PIA) will be

The International Monetary Fund (IMF) Mission isn’t happy with shortcomings in the implementation of the track and trace system by the Federal Board of Revenue (FBR), reliable sources told ProPakistani. These concerns have been shared by the Washington-based lending agency during its current discussions with FBR authorities on tax structure

The government is working on a viable gas pricing plan for the fertilizer sector after discovering that producers have not passed on the benefits of subsidized gas to farmers. The Economic Coordination Committee (ECC) recently emphasized the need to stabilize fertilizer prices and tasked relevant ministries to develop an effective