Category: 3. Business
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Greenfield tyre project: IFC, local banks providing up to $50.2m in financing: Schehzad – Business & Finance
ISLAMABAD: Advisor to the Finance Minister Khurram Schehzad has stated that the Greenfield tyre manufacturing facility project holds significant export potential, in addition to catering to a large domestic market. The project aims to save and generate foreign exchange reserves for the country. He added that investor confidence has increased and the investment environment is…
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Saudi Arabia was top buyer of Russian fuel oil and VGO in November – Business & Finance
MOSCOW: Saudi Arabia was the top destination for Russian sea-borne fuel oil and vacuum gasoil (VGO) exports in November, according to traders and LSEG data. Total fuel oil and VGO exports from Russian ports last month rose by 6% from October to about 4.26 million metric tons, according to Reuters calculations based on LSEG data.…
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PSX registers second highest single-day gain
The 100-Index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Monday, gaining 4,411.27 more points, a positive change of 4.03 percent, closing at 113,924.42 points as compared to 109,513.15 points on the last trading day. A total of 857,834,976 shares were traded during the day as compared to 754,917,969 shares the previous trading…
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SCCI president highlights CPEC as a game-changer for Pakistan
President Sarhad Chamber of Commerce and Industry (SCCI), Fazal Moqeem Khan has termed the China-Pakistan Economic Corridor (CPEC) a game-changer for the economic and social development of Pakistan. Emphasizing its importance, he urged the government to allocate all necessary resources for the successful implementation of the project. Fazal Moqeem Khan expressed these views during his…
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Gold prices remain unchanged at Rs273,400 per tola
The price of 24 karat per tola gold remained unchanged at Rs 273,400 on Monday, All Sindh Sarafa Jewellers Association reported. The price of 10 grams of 24 karat gold and 10 gram 22 karat gold also witnessed no change and were traded at Rs 234,396 and Rs 214,863 respectively. The prices of per tola…
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SECP reasserts compliance by listed firms to publish gender pay gap data
The Securities and Exchange Commission of Pakistan (SECP) has announced that despite extensive advocacy and engagement, the annual accounts of listed companies revealed very limited adherence to the gender pay gap disclosure requirements. SECP through Circular 10 of 2024 in April this year directed the board of directors of listed companies to disclose gender pay…
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Commerce minister, Kenya’s envoy explore new horizons in trade ties
Federal Minister for Commerce, Jam Kamal Khan, and the Kenyan High Commissioner met Monday to explore new horizons in trade and regional cooperation. The discussions centered on leveraging Pakistan’s strategic location to serve as a gateway between Central Asia and the East African Community (EAC), with both sides expressing a strong commitment to deepening economic…
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Honda and Nissan to officially enter merger talks
Honda and Nissan to officially enter merger talks – Daily Times We use cookies to ensure that we give you the best experience on our… Continue Reading News Source: dailytimes.com.pk
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Meezan Bank, Arif Habib Limited launch instant top-up service for investors
Meezan Bank, Pakistan’s leading Islamic bank, and Arif Habib Limited, a leader in investment banking, have recently partnered to enhance the investor experience in Pakistan. The collaboration is marked by a Memorandum of Understanding (MoU) and the launch of an innovative Instant Top-up Service for investors. Mr. Shahid Ali Habib, CEO of Arif Habib Limited,…
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Banks to remain closed tomorrow
Banks to remain closed tomorrow – Daily Times We use cookies to ensure that we give you the best experience on our website. If you… Continue Reading News Source: dailytimes.com.pk