Toshiba Removed from Tokyo Stock Exchange: End of an Era
Toshiba bids farewell to the Tokyo Stock Exchange in an £11bn deal, symbolizing a cautionary tale for global investors.
IMF Denies Tax Increase Reports
Amidst speculation, the IMF denies plans for tax increases in Pakistan, providing relief amid the nation's ongoing economic recovery.
Government Announces Significant Cut in Petroleum Prices
Pakistan reduces petroleum prices by up to Rs14 per litre, responding to a significant drop in global oil prices.
Economic struggles and unemployment grips West Bank
The impact of the conflict is not confined to individual hardships but is resonating throughout the West Bank's economy.
Saudi Aramco Acquires Stakes in Pakistan’s Fuel Market
Saudi Aramco makes entry into Pakistan's fuels retail market, acquiring a 40% stake in Gas & Oil Pakistan Ltd..
$700 Million Loan Hangs in Balance as Pakistan Excluded from IMF Agenda Until Mid-December
Pakistan faces uncertainty as scheduling delays push IMF approval into mid-December, impacting the awaited $700 million disbursement.
Global Islamic banking sector poised to reach $4 trillion by 2026
The report also provides insights into the thriving Islamic fintech market, where transactions surged to around $79 billion in 2021.
Economy Shrunk Under PDM Govt: Reports
The NAC confirmed that Pakistan's GDP hit a 50-year low during the tenure of PDM coalition government.
Pakistan Eyes Tax Base Expansion with Military-Led Data Integration Committee
The objective is to elevate the number of income tax return filers from 4.9 million to 6.5 million within the next eight months.
Pakistan Stock Exchange Breaks 59,000 Points Barrier
The KSE-100 Index surged to 59,502.28 points, marking a significant gain of 603 points compared to the previous close at 58,899.84 points.
Energy Price Hike Looms as Caretaker Government Navigates IMF Agreement
Finance Minister Shamshad Akhtar underscored the necessity for robust financial reforms to fortify Pakistan's economy.
PSX Hits Historic Highs, Rupee Recovers
PSX KSE-100 index soared past the 57,000-point benchmark, registering a remarkable increase of 422 points.