Day: May 21, 2024

The price of gold in Pakistan fell by Rs. 1,900 per tola on Tuesday to dip below the Rs. 250,000 per tola level. According to data issued by the Karachi Sarafa Association, the price of gold (24 carats) dropped by Rs. 1,900 per tola to Rs. 248,500, while the price

Shares of PIA Holding Company Limited (PIAHCL) will start trading at Pakistan Stock Exchange at the same price as the final closing rate of Pakistan International Airlines Corp (PSX: PIAA), the airline informed the main bourse on Tuesday. The opening price of PIAHCLA and PIAHCLB shall be the same as

Pakistan Telecommunication Company Limited (PTCL) and Mashreq Pakistan, a part of Mashreq which is the leading financial institution in the MENA region, have signed an agreement for the provisioning of primary data center colocation services at PTCL’s Tier-III Data Center facility. In the esteemed presence of Mohamed Abdel Razek, Group

The retail price of cement has been increased up to Rs. 30 per bag in Pakistan. According to JS Global, cement players in the Northern region have increased prices by up to Rs. 20-30/bag of late to reinstate earlier price levels. Prices now range between Rs. 1,220-1,280 per bag post

In a significant step towards enhancing Pakistan’s refining capabilities, senior management from Pakistan Refinery Limited (PRL) recently visited China to engage with Engineering, Procurement, and Construction (EPC) contractors and financial institutions. These discussions were highly productive, laying the groundwork for the forthcoming phases of PRL’s Refinery Expansion and Upgrade Project

Pakistan International Airlines Corporation Limited (PSX: PIAA) will officially close its books at the Pakistan Stock Exchange (PSX) on May 25, 2024. This date has been set to determine the Class ‘A’ and Class ‘B’ shareholders of the company, a stock filing dated May 16, 2024, revealed. The Securities and

The country imported mobile phones worth $1.462 billion during the first ten months (July-April) of the current fiscal year 2023-24, registering a growth of 209.07 percent when compared to $473.287 million during the same period of last fiscal year. In rupee terms, the country imported mobile phones of Rs. 414.276

While the November release of quarterly national accounts represents an important step forward for economic statistics in Pakistan, projects are underway for future improvements, including further refinements of seasonally adjusted estimates for eventual public release and the development of quarterly expenditure-based GDP, says the World Bank. The Bank officials in