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Category: Business

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Saudi Fast-Food Chain Al Baik Set to Enter Pakistan’s Market
  • Business

Saudi Fast-Food Chain Al Baik Set to Enter Pakistan’s Market

  • Usama Mudassar
  • November 9, 2024
  • 0

Information Minister Attaullah Tarar announced on Saturday that Saudi Arabia’s famous fast-food chain, Al Baik, is preparing to enter the Pakistani market soon. He highlighted […]

CCP Urges Urgent Reforms in Pakistan’s Power Sector to Boost Competition
  • Business

CCP Urges Urgent Reforms in Pakistan’s Power Sector to Boost Competition

  • Usama Mudassar
  • November 9, 2024
  • 0

The Competition Commission of Pakistan (CCP) has emphasized the urgent need for competitive reforms in the country’s power sector, which has long been dominated by […]

Pakistan’s Worker Remittances Surge to $11.84 Billion in Four Months, Boosted by Overseas Contributions
  • Business

Pakistan’s Worker Remittances Surge to $11.84 Billion in Four Months, Boosted by Overseas Contributions

  • Usama Mudassar
  • November 8, 2024
  • 0

Pakistan’s remittance sector continues to show promising growth, with October 2024 emerging as a standout month. The commitment of overseas Pakistanis, combined with the SBP’s supportive policies,

Electricity Price Hike Proposal to Burden Pakistani Consumers by Billions
  • Business

Electricity Price Hike Proposal to Burden Pakistani Consumers by Billions

  • Usama Mudassar
  • November 6, 2024
  • 0

As Pakistan’s energy sector continues to evolve, achieving a stable and affordable electricity supply remains a top priority. By focusing on sustainable practices and efficiency improvements

Dollar Strengthens in Pakistan: 9 Paisa Rise in Interbank Market as Interest Rate Drops to 15%
  • Business

Dollar Strengthens in Pakistan: 9 Paisa Rise in Interbank Market as Interest Rate Drops to 15%

  • Usama Mudassar
  • November 5, 2024
  • 0

The central bank’s monetary policy changes reflect an effort to stimulate the economy, even as minor fluctuations in the exchange rate continue. With this two-pronged approach

NEPRA Increases Electricity Rates for Karachi: 40-Paise Per Unit Hike Explained
  • Business

NEPRA Increases Electricity Rates for Karachi: 40-Paise Per Unit Hike Explained

  • Usama Mudassar
  • November 5, 2024
  • 0

NEPRA’s recent increase in electricity rates for Karachi’s K-Electric consumers is a response to fuel price adjustments aimed at maintaining the financial stability of energy providers

Global Crude Oil Prices Impacted by Rising Iran-Israel Tensions Amid Military Threats and Market Shifts
  • Business

Global Crude Oil Prices Impacted by Rising Iran-Israel Tensions Amid Military Threats and Market Shifts

  • Usama Mudassar
  • November 4, 2024
  • 0

The recent fluctuation in crude oil prices underscores the global market’s sensitivity to geopolitical dynamics, especially in conflict-prone regions like the Middle East. While recent reports indicate

Proposed State Bank Act Amendments: Dual Citizenship Eligibility, Digital Currency Introduction, and Key Changs”
  • Business

Proposed State Bank Act Amendments: Dual Citizenship Eligibility, Digital Currency Introduction, and Key Changs”

  • Usama Mudassar
  • November 4, 2024
  • 0

The proposed amendments to the SBP Act reflect a progressive approach by the Ministry of Finance. By allowing dual citizenship holders to serve in the central bank and introducing digital currency

IMF Rejects FBR’s Request for Tax Target Revision, Pakistan Faces Possible 500 Billion PKR Mini-Budget Amid Leadership Changes
  • Business

IMF Rejects FBR’s Request for Tax Target Revision, Pakistan Faces Possible 500 Billion PKR Mini-Budget Amid Leadership Changes

  • Usama Mudassar
  • November 2, 2024
  • 0

The rejection of the FBR’s request for a revision of tax targets by the IMF has set the stage for a challenging period for Pakistan’s economy. The proposed mini-budget and changes in leadership within the FBR

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