Muhammad Ali, Adviser to the Prime Minister on Privatisation and Chairman of the Privatisation Commission, confirmed that the PIA privatisation process will not be completed within the IMF’s stipulated timeframe. He stated that the process is now expected to conclude by December 2025. He revealed that a new Expression of Interest (EoI) will be published […]
The rates of 10 grams of 24 karat also increased by Rs.8,573 to Rs 290,466 from Rs. 281,893 whereas the prices of 10 gram 22 karat gold also went up to Rs.266,261 from Rs 258,411, respectively. The rate of per tola and ten-gram silver remained constant at Rs3,234 and Rs2,772, respectively. The rate of gold […]
The announcement was made in an official notice submitted to the Pakistan Stock Exchange (PSX) on Friday. The notification stated, “We are pleased to inform you that Honda Atlas Cars Limited is planning to introduce HEV models shortly”. The company further emphasized that the initiative reflects its ongoing commitment to innovation, environmental sustainability, and providing […]
However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs280.65 and Rs282.15, respectively. The price of the Euro increased by Rs9.71 to close at Rs318.96 against the last day’s closing of Rs309.25, according to the State Bank of Pakistan (SBP). The […]
In statements to the Emirates News Agency (WAM), he also disclosed that remittances from the Pakistani community in the UAE reached $6.7 billion in 2024, which are expected to surpass $7 billion in 2025. “These figures reflect not only the strength of our economic partnership, but also the vital role played by the Pakistani diaspora […]
Valuation Dynamics The Qatari Riyal’s stability at 76.96 PKR reflects Qatar’s robust economic foundation, primarily driven by its vast hydrocarbon reserves and a peg to the US Dollar at a fixed rate of approximately 3.64 QAR per USD. This peg ensures the QAR remains insulated from significant fluctuations, providing a reliable benchmark for international trade […]
This development reflects ongoing fluctuations in the forex market, driven by a mix of regional economic dynamics and global trade influences, providing a favorable rate for overseas Pakistanis remitting funds from the UAE. 1 UAE Dirham = 76.41 Pakistani Rupees The valuation of the AED against the PKR is shaped by several key factors. The […]
The train service between Peshawar and Karachi will resume on April 25, 2025, offering significant travel convenience to passengers commuting between the two cities. The train will depart from Karachi City Railway Station at 8:00 PM, heading to Peshawar Cantt, while the return journey will begin from Peshawar at 4:00 PM. This is the only […]
According to the notification issued here, the price cut, made possible through additional federal government subsidies, will benefit all consumers except lifeline consumers. It is worth mentioning here that following PM Shehbaz Sharif’s recent announcement regarding a reduction in electricity prices, an official notification from the National Electric Power Regulatory Authority (NEPRA) was issued confirming […]
Meanwhile, the turmoil unleashed by Trump’s tariffs showed few signs of easing on Friday, with markets tumbling and foreign leaders puzzling how to respond to the biggest disruption to the world trade order in decades. A brief reprieve for battered stocks seen after Trump decided to pause duties for dozens of countries for 90 days […]
