The International Finance Corporation (IFC), a member of the World Bank Group, has committed Rs33 billion to support Pakistan’s agricultural sector, marking its first-ever local […]
Category: Business
PIA Privatization Moves Ahead as Government Opens Bidding for Majority Stake
PIA privatization has entered a decisive phase as the Privatization Commission prepares to open the bidding process for a 75 percent stake in Pakistan International Airlines
Pakistan Bangladesh Economic Cooperation Strengthens Through Tax Talks
Pakistan Bangladesh economic cooperation took a positive step forward as both countries reaffirmed their commitment to deepening bilateral economic ties and enhancing collaboration on international taxation
Gold Price Record High as Investors Rush to Safe Havens
The gold price record high reached a historic milestone this week as the precious metal surged above $4,400 an ounce for the first time ever. This remarkable rally reflects growing investor anxiety
US Offshore Wind Pause Raises Security and Energy Concerns
The US offshore wind pause announced by the federal government has sent shockwaves through the renewable energy sector, financial markets, and coastal states along the Atlantic.
Saudi Riyal edges higher against Pakistani Rupee
The Saudi Riyal (SAR) strengthened marginally against the Pakistani Rupee in Tuesday’s open-market trading, rising to Rs 74.74, up two paisas from Rs 74.72 recorded […]
World Bank Approves $700 Million Pakistan Financing for Inclusive Development
The World Bank Pakistan financing initiative has taken a major step forward with the approval of USD 700 million to support economic stability and improve public service delivery across the country.
Oil Prices Rise Amid Venezuela Tensions and Ukraine Peace Uncertainty
Oil prices rise slightly as global markets react to mounting geopolitical uncertainty involving Venezuela and cautious optimism around a possible Russia-Ukraine peace deal. Investors are weighing supply disruption
Zimbabwe reverses plan to double gold royalty rate after industry pushback
Zimbabwe has scrapped plans to double its gold royalty rate to 10%, according to a revised 2026 budget bill approved by parliament on Wednesday, following […]