According to Mari Petroleum, the company is the lead operator in the Waziristan Block, holding a 55% stake. The discovery is expected to boost the country’s hydrocarbon resources. The newly drilled Spinam-1 well is set to produce 12.96 million cubic feet of gas per day along with 20 barrels of condensate daily. Drilling at the […]
The senior official of CDNS said that the CDNS has set an annual target of Rs 1650 billion for the current Fiscal Year, 2024-25, which will promote the country’s saving culture. Similarly, the CDNS has set a target of Rs 170 billion in investment in Islamic finance for the Current Fiscal Year, which will lead […]
Unlike traditional currencies, cryptocurrencies do not have a central issuing or regulating authority. Instead, they operate on a distributed system that records transactions and generates new units. On February 24, 2025, there were notable fluctuations in the exchange rates of various digital currencies, such as Bitcoin (BTC), Dogecoin (DOGE), and Ripple (XRP), within the cryptocurrency […]
In the fourth quarter of the previous year, cryptocurrency exchange Coinbase reported a remarkable financial performance, significantly surpassing market expectations for its profits. This positive outcome was primarily driven by a substantial increase in trading volumes for Bitcoin (BTC) and a variety of other digital currencies, a trend that closely followed the U.S. elections. The […]
The documents were exchanged following talks between Prime Minister Shehbaz Sharif and President Ilham Aliyev in Baku on Monday. Prime Minister Shehbaz Sharif and Azerbaijan President Ilham Aliyev witnessed the documents exchange ceremony. The two countries signed an MoU between the State Oil Company of Azerbaijan Republic (SOCAR) and Pakistan’s Frontier Works Organization (FWO) and […]
According to details from Forex.pk, 10 grams of 24-karat gold in Saudi Arabia is being sold at SAR 3,540. Additionally, the price for an ounce of gold is SAR 11,010. It is important to note that gold rates are subject to global market fluctuations, including those specific to Saudi Arabia, with the last update recorded […]
The selling rate of the Riyal also remained constant as it is being sold for Rs74.75. The Saudi riyal is the official currency of Saudi Arabia. It is abbreviated as SAR or SR. One Riyal is subdivided into 100 halalas. The partnership between Pakistan and Saudi Arabia is marked by a long-established and mutually beneficial […]
Minister for Industries and Production Rana Tanveer Hussain on Friday directed Chief Secretaries of all provinces to establish sugar stalls at the municipal council level and ensure uninterrupted supply of the commodity at Rs130 during the holy month of Ramadan. According to a press release, the minister Rana Tanveer chaired a meeting of the Sugar […]
According to the PBS data, the SPI for the week under review in the above-mentioned group was recorded at 319.12 points as compared to 318.26 points during the past week. As compared to the corresponding week of last year, the SPI for the combined consumption group in the week under review witnessed an increase of […]
In the fourth quarter of the previous year, cryptocurrency exchange Coinbase reported a remarkable financial performance, significantly surpassing market expectations for its profits. This positive outcome was primarily driven by a substantial increase in trading volumes for Bitcoin (BTC) and a variety of other digital currencies, a trend that closely followed the U.S. elections. The […]
