PSX continues with bullish trend, gains 138 points
The 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Tuesday, gaining 138.73 points, a positive change of 0.34 percent, closing at 41,350.43 against 41,211.70 points on the last working day. A total of 593,437,368 shares were traded during the day compared to 185,369,288 shares the previous day, whereas the price of…
Adil Aziz
Hadiqa Kiani Starrer ‘Pinjra’ all set to launch this week
Beautifully presenting the character of a mother, Hadiqa Kiani will make another significant appearance in her upcoming Drama serial anticipating to be aired on October 06, 2022. Singer, song-writer, composer and philanthropist, Kiani made the fans crazy with her acting skills in her recently wrapped up dramas. The singer-turned actor made her debut with Drama…
Islamic Banking network crosses 4000 mark
The outreach of Islamic Banking Institutions (IBI) continues to grow in Pakistan and their branch network crossed 4,000 mark in the fourth quarter of fiscal year 2021-22 with the addition of 103 new branches across the country. According to State Bank of Pakistan’s Islamic Banking Bulletin for the period April- June 2022, the number of…
CPEC energy projects generate 46,000 job opportunities
Some 46,500 Pakistanis have been employed so far in the energy projects (completed and under-construction) under the umbrella of China Pakistan Economic Corridor (CPEC). Considering the various economic fissures prevailing in Pakistan (i.e, inequitable underdevelopment, low energy access, low human capital, and accompanying low productivity), the CPEC power plants have performed commendably in raising overall…
Qatar to invest in country’s energy, trade, other sectors
The Ambassador of the State of Qatar, Sheikh Sauod bin Abdulrahman bin Faisal Al-Thani, here on Tuesday expressed his government’s intention to invest in various sectors of Pakistan economy, especially in energy, trade and businesses. The investment would help further strengthening the bilateral economic ties between both of the countries, the ambassador said during a…
World Teachers’ Day to be commemorated tomorrow across globe including Pakistan
World Teachers’ Day will be marked on Oct 5 (Wednesday) with the theme 2022 “The transformation of education begins with teachers” across the globe including Pakistan to celebrate the role of teachers in providing quality education at all levels. According to UNESCO, it is a day to celebrate how teachers are transforming education but also…
Trade deficit narrows by 21.42% as exports increase to $7.125 billion in Q1
The imports into the country decreased by 12.72 percent during the period under review and slid down from $18.715 billion last year to $16.334 during the current year The trade deficit witnessed a decline of 21.42 percent, with a considerable decline in imports and upward trend in exports during the first quarter (Q1) of the…
PTCL Group, Akhuwat deliver food packages to flood-affected communities in Balochistan
PTCL Group in collaboration with Akhuwat Foundation has delivered food packages to flood-affected communities in Balochistan that have been facing food shortages in the wake of recent monsoon floods. The food assistance initiative is part of PTCL Group’s PKR 1.75 billion pledge towards relief and rehabilitation of the devastated communities across the country. Sharing his…
Fiscal deficit contained at 0.3% of GDP
The primary balance during July FY 2023 posted a surplus of Rs 142 billion against the deficit of Rs 5 billion in July FY 2022: Finance Ministry The fiscal deficit during the first month of the current fiscal year (FY 2022-23) has been contained at 0.3 percent against the deficit of 0.4 percent recorded during…
Ahsan Bakhtawari takes charge as President ICCI
Ahsan Zafar Bakhtawari has taken over the charge as President, Faad Waeed Senior Vice President and Muhammad Azhar ul Islam as Vice President of Islamabad Chamber of Commerce and Industry (ICCI) for the year 2022-23 during a ceremony held at Chamber house. Khalid Iqbal Malik Group Leader, Khalid Javed, Mian Akram Farid, Zahid Maqbool, Nasir…