The improvement in the current account surplus is attributed to the contributions of the Special Investment Facilitation Council and an increase in foreign exchange reserves. For the first five months of the current financial year, the current account surplus is nearing one billion dollars. Additionally, the economy has seen a rise in remittances, driven by […]
The Dubai Public Prosecution referred an Emirati national, 21 British nationals, two Americans, a Czech national, and two companies owned by the Emirati national to the Criminal Court of First Instance at Dubai Courts. The individuals and entities face charges of possessing illicit funds of AED461 million as well as forgery of official documents and […]
The Indian rupee weakened to an all-time low of 85.8075 against the U.S. dollar, before intervention by the central bank helped it trim steep losses, according to traders. The currency settled at 85.5325, down 0.3% on the day, its worst single-day fall since June 4, when the surprise outcome of India’s general elections hit markets. […]
The excise office in Islamabad has made it easier to pay vehicle token tax in this respect by offering both online and in-person services. The department has extended hours for token tax payments, according to Bilal Azam, director of the Excise and Taxation Department Islamabad. A counter at the excise office will remain open on […]
As reported by Forex.pk, the price for 10 grams of 24-karat gold in Saudi Arabia is SAR 3,151. Furthermore, the price for an ounce of gold is noted at SAR 9,802. It is crucial to recognize that gold prices are influenced by global fluctuations, including those occurring within Saudi Arabia, and the figures provided were […]
Data from the currency website indicated that the OMR remained stable against the Pakistani rupee in the open market. The Omani Rial denoted as OMR, serves as the official currency of Oman and is subdivided into 1,000 smaller units called baisa. Conversion of 500 and 1000 OMR to PKR On December 27, the prevailing exchange […]
The PSO dispatched a letter to the Pakistan Stock Exchange (PSX), which included information pertaining to an agreement. “Kindly be informed that the Ministry of Energy (Petroleum Division), through its letter dated December 03, 2024, informed PSO of the Economic Coordination Committee (ECC)‘s approval of the SPA and the Federal Cabinet’s ratification of the ECC’s […]
He made this directive while addressing a review meeting on the gas supply situation in the country in Islamabad today. Taking notice of complaints about reduced gas supply to domestic consumers, the Prime Minister instructed reforms in the supply system to resolve this issue permanently. He emphasized that providing gas to domestic consumers remains the […]
KSE-100 shed 1,991.49 points, or negative 1.77 percent to settle at 110,423.32 points, from 112,414.81 points on the last trading day at the stock market. A total of 628 million shares were traded during the day as compared to 880.6 million shares the previous trading day. The price of shares stood at Rs33.58 billion as […]
The price of 10 grams of 24 karat gold also increased by Rs.1,200 to Rs.234,911 from Rs. 233,711 whereas that of 10 grams 22 karat gold went up to Rs.215,335 from Rs 214,235, All Sindh Sarafa Jewellers Association reported. The prices of per tola and ten-gram silver remained constant at Rs 3,350 and Rs. Rs […]
