Gold Sharply Recovers in Pakistan
Gold rates in Pakistan rebounded on Wednesday after international rates suddenly reversed losses.
Category: Business
Companies, markets and the economy.
Imran H Shaikh Takes Charge as BankIslami’s President &Chief Executive Officer
BankIslami, one of the fastest-growing Islamic financial institutions in Pakistan, has appointed Imran H Shaikh as its President & Chief Executive Officer.
Govt May Allow Private LNG Imports
Pakistan is considering allowing power plants and other private firms to directly import liquefied natural gas as the administration seeks to secure energy supplies…
Barrick Delays Full Reko Diq Construction Over Security Concerns
Barrick Mining Corporation has slowed development of the Reko Diq copper and gold project in Balochistan and is reviewing its intends, saying security conditions…
IMF Tells Pakistan to Fix SOE Laws or Face Loan Delays
Pakistan will have to move faster on changes to state owned enterprise laws as the International Monetary Fund has triggered concern over repeated delays…
Govt Bases FY27 Borrowing Plan on Rs. 290/Dollar Exchange Rate
In practice, the federal administration has projected gross financing needs of Rs.
IMF Urges Alternative Revenue Sources if Petroleum Levy Is Cut
Meanwhile, the International Monetary Fund (IMF) has pressed Pakistan to maintain fiscal stability and take steps to reduce rising circular debt in the energy…
How the US controls Iraq’s oil revenues
Attention has turned to how the US controls Iraqs oil revenues, a development that is being followed closely by readers who track business.
Electricity Price to Rise Rs. 1.73 Per Unit
Electricity consumers could face an extra Rs. 1.73 per unit in their bills under the proposed August Fuel Charges Adjustment after the National Electric…
PM Shehbaz Meets Rothschild Company for Collaboration in Capital Markets and Investment…
Prime Minister Muhammad Shehbaz Sharif met senior executives of Rothschild & Co during his visit to the United Kingdom to discuss Pakistan's geo economic…