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PACRA Maintains AA- Ratings of BankIslami Pakistan Limited

PACRA Maintains AA- Ratings of BankIslami Pakistan Limited

BankIslami Pakistan Limited, the first Islamic commercial bank to receive an Islamic banking license in Pakistan has demonstrated remarkable growth…

4 months ago

National Assembly Approves 2024-25 Budget Amid IMF Talks

The National Assembly of Pakistan passed the annual budget for the Fiscal Year 2024-25 on Friday, as the nation seeks…

4 months ago

PTCL Secures $400 Million IFC Financing for Telenor Pakistan, Orion Towers Acquisitions

Pakistan Telecommunication Company Limited (PTCL) has secured up to $400 million in debt financing from the International Finance Corporation (IFC),…

4 months ago

Government Revamps Retirement and Pension Scheme

The Pakistani government has introduced significant changes to the retirement and pension scheme as part of the Budget 2024, aimed…

4 months ago

Pakistan Petroleum Dealers Association (PPDA) Protest Against Hoarding of Fuel Supply by Oil Marketing Companies

The Pakistan Petroleum Dealers Association (PPDA) is agitating against the hoarding of fuel supply by all oil marketing companies operating…

4 months ago

Karachi to Implement Water Metering System

The Sindh government has issued a notification for a new metering system to monitor underground water extraction, consumption, and distribution…

4 months ago

Govt to Amend Finance Bill: Freeze Bank Accounts of Non-Filers

The Pakistani government is likely to introduce amendments to the Finance Bill 2024 that will enable the blocking of bank…

4 months ago

PM Shehbaz Admits IMF Role in 2024-25 Budget

Prime Minister Shehbaz Sharif acknowledged that the federal government formulated the annual budget for Fiscal Year 2024-25 in collaboration with…

4 months ago

Government to Cut Rs 250 Billion from Federal Budget, Says Minister Ahsan Iqbal

Federal Minister for Planning Ahsan Iqbal announced that the government would reduce Rs 250 billion from the proposed budget for…

4 months ago

PIA Privatisation Bidding Starts in August

The bidding process for the privatisation of Pakistan International Airlines (PIA) is scheduled to commence in the first week of…

4 months ago