The Pakistani Rupee recovered from yesterday’s record low against the US Dollar today. Following the trend from previous weeks, the rupee closed the week with small gains and appreciated by 18 paisas against the dollar to close at 170.48.The local curr...
Read More »Monthly Archives: October 2021
CDC Group Invests in Fatima Gobi Ventures to Fund Pakistani Startups
A UK-based financial institution called CDC Group has announced that it has made an anchor investment in Techxila Fund I — a fund managed by venture capital firm Fatima Gobi Ventures.The institution said that it aims to help Fatima Gobi Ventures (FGV) ...
Read More »Federal Excise Office’s Revenue Has Doubled Since March 2019
With a total of 1.4 million vehicles registered in Islamabad with the Excise and Taxation Office (ETO), the revenue stream of the Excise and Taxation Office (ETO) has increased from Rs. 4.5 billion to Rs. 8 billion despite the prevalence of the COVID-9...
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