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.
Category: Business
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 […]
Pakistan Current Account Surplus Signals Economic Stability
Pakistan’s current account surplus returned in November as the State Bank of Pakistan (SBP) reported a positive balance of USD 100 million, marking a clear turnaround from the USD 291 million deficit recorded in October
PSX Bullish Momentum Lifts KSE-100 by Over 1,100 Points
Strong PSX bullish momentum was witnessed on Thursday as the Pakistan Stock Exchange opened on a positive note, with the benchmark KSE-100 Index surging more than 1,100 points in early trading
Hong Kong’s largest licensed crypto exchange debuts as city pushes digital asset hub ambitions
Hong Kong’s biggest licensed cryptocurrency exchange began trading on Wednesday, underscoring the city’s efforts to position itself as a global hub for digital assets, despite […]
KSE-100 Index Surge as PSX Rallies After SBP Rate Cut
The KSE-100 Index surge at the Pakistan Stock Exchange (PSX) on Tuesday signaled renewed investor confidence, as the benchmark index jumped sharply in early trading following a surprise policy
Pakistan Kuwait Petroleum Cooperation Gains Momentum After High-Level Talks
Pakistan Kuwait petroleum cooperation received a fresh boost this week as Federal Minister for Petroleum Ali Pervaiz Malik met with Kuwait’s Minister of Oil, Tariq Sulaiman Al-Roumi, to discuss ways to deepen
Gold Prices in Pakistan Decline After International Market Losses
Gold prices in Pakistan declined on Saturday, reflecting a downward trend in the international bullion market. After witnessing a sharp rise a day earlier, the local gold market experienced a noticeable correction