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Pakistan’s foreign reserves fall by $286 million

Total reserves: $12.1 billion, down by $286 million SBP reserves: $7.0 billion, down $237 million Commercial Banks reserves: $5.1 billion, down by $49...

Industrial Advisory Council’s 1st Meeting to Kickstart ‘Vision Pakistan: Road to $100 Billion Exports’

ISLAMABAD, Pakistan: The Ministry of Industries and Production has announced the inaugural meeting of the Industrial Advisory Council (IAC) under the visionary leadership of...

State Bank issues instructions for enabling ‘RAAST’ Person to Merchant Payment Service

KARACHI, Pakistan: The State Bank of Pakistan (SBP) has issued instructions to its Regulated Entities (REs) for enabling RAAST Person-to-Merchant (P2M) payment service for...

U Microfinance Bank posted Net Profit of Rs 1.7 billion for nine-months ended 30 September 2023

ISLAMABAD, Pakistan: U Microfinance Bank Limited, Pakistan’s fastest-growing microfinance bank, has announced financial results for the nine months ended September 30, 2023.The announcement...

Ministry denies closure of industries in Karachi, Sindh & Balochistan

ISLAMABAD, Pakistan: The Ministry of Industries and Production has denied the recent claims of industrial closures reported by certain quarters.“Contrary to the assertions made...

U Bank Pledges Commitment to Inclusivity on International Day of Persons with Disabilities 2023

ISLAMABAD, Pakistan: U Microfinance Bank, Pakistan’s fastest-growing microfinance bank, has proudly pledged its unwavering commitment to financial inclusion, increased accessibility, and the provision of...

U Microfinance Bank Announces Continued Profitability in Latest Financial Results

ISLAMABAD, Pakistan: U Microfinance Bank, Pakistan’s fastest-growing microfinance bank, has published its financial results for the half year ended June 30, 2023 at its...

Pakistan’s foreign reserves rise to $12.39 billion

Total reserves: $12.4 billion, up by $90.5 million SBP reserves: $7.2 billion, up $77 million Commercial Banks reserves: $5.1 billion, up by $13.5 millionKARACHI,...

Petrol Price in Pakistan Today – 1 December 2023

New Prices of Petroleum Products in Pakistan for December 01-15, 2023Petrol: Rs 281.34 per litre (increase/decrease by Rs 0.00) High-Speed Diesel: Rs 289.71...

Saudi Arabia extends term for $3 billion deposit to support Pakistan’s economy

KARACHI, Pakistan: The Saudi Fund for Development (SFD) on behalf of the Kingdom of Saudi Arabia has extended the term for the deposit of...

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