KARACHI: The State Bank of Pakistan (SBP) has given final approval to TPL Corp and Abhi to acquire a 94.8% shareholding in FINCA Microfinance Bank Limited, while also opening up

ISLAMABAD: Convening a highly successful Shanghai Cooperation Organisation (SCO) summit in a smooth manner in the midst of not-so-smooth political scenario, is undoubtedly a feather in the cap of the

ISLAMABAD: “Like people and companies, sovereigns can struggle to repay their debt. This could be because they borrowed too much or in a way that was too risky – or

The Pakistan Stock Exchange (PSX) saw a strong start at the beginning of the week, with the benchmark KSE-100 Index setting a new record on Monday. During intra-day trading, the

KARACHI: In a surprising development, the federal government has allowed the import of genetically-modified (GMO) soybeans from the United States without conducting risk assessments on 47 gene events in Pakistan’s

ISLAMABAD: The materialisation of new foreign loans to fill nearly $2.5 billion in external financing gap for this fiscal year will be a primary focus during next week’s unscheduled performance

Pakistan has officially launched ‘Climaventures,’ a $50 million initiative aimed at drawing private investment into climate-related projects. Introduced in Islamabad, this pioneering programme is led by the National Rural Support

ISLAMABAD: Pakistan and Abu Dhabi Ports Group on Friday signed four memorandums of understandings (MoUs) to enhance collaboration in multiple fields, including rail, airport infrastructure and maritime shipping and logistics.

ISLAMABAD: The common people of Pakistan are still being forced to pay artificially inflated prices for pulses and chicken—two essential food items—even though import prices have decreased, the exchange rate