- 26 April, 2024
Economy
MCB Posts Profit After Tax of Rs. 16.6 Billion for Q1-2024
The Board of Directors of MCB Bank Limited (MCB) in its meeting under the Chairmanship of Mian Mohammad Mansha, on April 24, 2024, reviewed the performance of the Bank and approved the condensed interim financial statements for the first quarter ende…
Pakistan Wants $3.5 Billion Loan From Saudi Arabia for Diamer Bhasha Dam
Pakistan has formally requested $3.5 billion funds from Saudi Arabia for the Diamer-Bhasha Dam.
Saudis will respond to this request after consulting with their financial advisor for the dam project. Pakistan’s financial advisor will engage with an a…
Traders Threaten Protests Against FBR’s New Tajir Dost Registration Scheme
The All Pakistan Traders Association has threatened protests if traders’ concerns aren’t addressed by the government, with the date likely to be announced during a convention in May.
President Ajmal Baloch said this in reference to the Tajir Dost ta…
Gold Price in Pakistan Rises Slightly After Massive Decline in Previous Two Days
The price of gold in Pakistan rose slightly on Wednesday after losing over Rs. 11,000 per tola in the previous two days.
According to data issued by the Karachi Sarafa Association, the price of gold (24 carats) increased by Rs. 1,100 per tola to Rs….
FIA Takes Action Against CDA Officials Involved in Scam Worth Millions
The Federal Investigation Agency’s (FIA) sources have revealed that the agency has taken action against a group involving private property dealers and officials from the Capital Development Authority (CDA).
The action was taken following a detailed …
Minister of Industries Vows to Increase Livestock Exports From Pakistan
Federal Minister of Industries and Production and National Food Security Rana Tanveer Hussain has said the government is committed to increasing the export of livestock from Pakistan since this sector contributes around 62 percent of the agricultural…