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IMF Approves $1.1 Billion Disbursement to Pakistan for Economic Reform Efforts

IMF Approves $1.1 Billion Disbursement to Pakistan for Economic Reform Efforts

The International Monetary Fund (IMF) has completed the second and final review of Pakistan’s economic reform program under the Stand-By…

9 months ago

Saudi Aramco Acquires 40% Stake in GOPetroleum

The Competition Commission of Pakistan (CCP) announced on Monday that Aramco, a leading Saudi petroleum refineries company, has acquired a…

9 months ago

OICCI Launches 2nd Edition of IPR Manual amidst Lax Enforcement Concerns

Effective protection of intellectual property rights [IPR] is essential for attracting and retaining FDI [Foreign Direct Investment]. According to the…

9 months ago

K-Electric Seeks Massive Tariff Hike on Account of FCA

K-Electric, Karachi's primary electricity provider, has petitioned the National Electric Power Regulatory Authority (NEPRA) for an adjustment in electricity tariffs,…

9 months ago

Kashif Munir appointed Convener and Masood Ahmed Siddiqui Deputy Convener for FPCCI Media Committee

President FPCCI Atif Ikram Sheikh appointed renowned journalist Kashif Muneer as the convener of FPCCI Central Standing Committee on "Press…

9 months ago

Uzbekistan to Host Tashkent International Investment Forum on May 2-3

Uzbekistan is gearing up to host the third edition of the Tashkent International Investment Forum (TIIF) on May 2-3, with…

9 months ago

Pakistan’s Mobile Phone Imports Surge by Over 180% in Fiscal Year 2023-24

During the initial nine months of the fiscal year 2023-24 (July-March), Pakistan witnessed a remarkable surge in mobile phone imports,…

9 months ago

Power Division Denies Fixed Tax on Solar Panels, Confirms Net Metering Tariff Reduction Plans

Contrary to earlier reports, the Power Division has refuted claims of imposing a fixed tax on domestic and commercial solar…

9 months ago

BankIslami Achieves Remarkable Financial Results of PKR 6.3 Billion Before Tax Profit in Q1 2024

Maintaining its growth momentum, BankIslami delivered an impressive return for its shareholders, with a remarkable 99% surge in its profit…

9 months ago

Govt to Impose Tax on Solar Panel Users

Reports indicate that the Central Power Purchasing Agency (CPPA) has put forth a proposal to levy a tax on individuals…

9 months ago