Pakistan Railways has decided to increase parcel and luggage rates by 5% from September 2, 2023. This development comes as part of a move to adjust pricing in response to mounting inflation and rising fuel prices.The notification has been disseminated…
Hyundai Nishat Motors Private Limited (HNMPL) has launched three variants of Porter pickup trucks with air-conditioning.In a notification for the dealers, the company noted that it has always focused on customer input and market dynamics to produce th…
The United Arab Emirates (UAE) has updated its petrol and diesel prices for September, continuing the trend from August with yet another increase.Over the past year, fuel prices in the UAE have been up and down, but they are currently higher compared …
A Partnership Beyond Trade. A pivotal collaboration between The Islamic Corporation for the Insurance of Investment and Export Credit (a Subsidiary of Islamic Development Bank) and Saudi Pak Industrial and Agricultural Investment Company Ltd.In a sign…
The Pakistani rupee continued its decline against the US Dollar today after opening trade at 303.66 in the interbank market.At 12 PM, it was bearish, falling as low as 304 after losing ~Rs. 1 against the greenback, in tandem with opening-bell bears.La…
Samba Bank has appointed a Saudi women banker, Kholood K. AI-Khelaiwi, as Non-executive Director.She will replace Ali Muhammad Mahoon, the former President and CEO of MCB Bank, who resigned recently from his position.According to the stock filing, the…
The price of gold in Pakistan increased by Rs. 7,700 per tola during the outgoing week to close at Rs. 234,500 per tola.According to the data released by the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of gold (24 carats) dr…
Interim Commerce Minister Dr Gohar Ejaz has urged textile exporters to shift their focus on the value-added products, including garments, to achieve the $80 billion export target.Talking to leading exporting during his visit to the All Pakistan Textil…