ADB Cancels $0.6M Grant for Gas Storage Development in Pakistan
The Asian Development Bank (ADB) has withdrawn a $0.6 million grant (approx. PKR 166.9 million) allocated for the development of Pakistan's gas storage system...
Pakistan Witnesses Massive Surge in Gold Prices
On Saturday, gold prices in Pakistan witnessed a significant surge, increasing by Rs3,500 and impacting gold rates nationwide.The cost of 24-karat gold soared to...
BankIslami Unveils Extraordinary Financial Triumph with Unprecedented Results
BankIslami, a leading financial institution, has announced its remarkable financial results for the year ended December 31, 2023. The bank reported a staggering after-tax...
Pakistan’s Trade Balance Improves: Exports Surge, Deficit Narrows
Pakistan's trade balance witnessed improvement in February 2023-24, marking an 18.2% reduction compared to the same period in the previous fiscal year. This positive...
Pakistan’s Power Distributors Seek Up to 15-Fold Surge in Security Fees
Pakistan's electricity distribution companies have submitted a proposal to raise security fees for consumers in the Nepra region, aiming to hike the fees from...