Select Technologies Private Limited has secured Rs2.0 billion through a short-term Sukuk issuance amid challenging industry conditions, including a downturn in the local mobile assembly sector and moderated demand from
Global digital operator VONE Group has announced a significant $20 million investment in Mobilink Bank, representing Pakistan’s inaugural Foreign Direct Investment (FDI) for 2026 and signalling a robust start for
The local bullion market saw a significant decline on Saturday, where the price of 24-karat gold per tola decreased by Rs 4,700 to Rs 455,562. The same downward trend was
In a significant move for Pakistan’s technology sector, IT company Supernet has launched its international expansion by establishing its first regional hub in Dubai, the IT company said today, aiming
The Punjab government has launched a major project to establish a modern shrimp farming industry, aiming to convert 5,300 acres of barren and waterlogged land in Sargodha and Muzaffargarh into
Pakistan Telecommunication Company Limited (PTCL) Group has sanctioned a substantial Rs15 billion (approximately USD 53 million) capital infusion into its subsidiary, U Microfinance Bank Limited (U Bank), in one of
The US dollar continued to trade at a premium in the open market compared to the interbank rate on Friday, with other major international currencies such as the British pound
Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has warned that persistent electricity shortages and high energy prices are severely constraining Pakistan’s seafood industry, eroding its global competitiveness and
