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Bank Alfalah Joins Forces with TCF to Rebuild Flood-Hit Areas

Islamabad: Bank Alfalah has announced a significant collaboration with The Citizens Foundation (TCF) to support communities affected by the 2022 floods in Pakistan. The initiative, part of Bank Alfalah's Flood Relief Program, allocates an additional P...

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Siemens Pakistan Reports Annual Loss Despite Revenue Growth

KARACHI: Siemens (Pakistan) Engineering reported a significant loss of PkR2.0 billion for the fiscal year 2024, a stark contrast to the profit of PkR970.8 million recorded in FY23. Despite an increase in revenue, the company faced challenges that cont...

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D.G. Khan Cement Positioned to Gain from Monetary Easing Cycle

Karachi: D.G. Khan Cement Company Ltd (DGKC) is forecasted to benefit substantially from the ongoing monetary easing cycle, paving the way for improved financial metrics and an enhanced stock valuation by December 2025. Analysts have reiterated a 'Buy...

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Pakistan Commences Work on Largest Nuclear Power Project with $3 Billion Chinese Investment

Islamabad: Pakistan has initiated work on its largest nuclear power project, following a significant investment of $3 billion from China, signaling international confidence in the country's economic policies. This development was announced by Planning...

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Indian Rupee Hits Historic Low, Sparking Criticism from Opposition

New Delhi: The Indian rupee plummeted to an all-time low of INR 86.59 against the U.S. dollar, inciting sharp criticism from opposition leaders who accused the Narendra Modi-led government of economic mismanagement and incompetence.

According to a s...

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Ahsan Iqbal Calls for AI Integration to Enhance National Productivity

Islamabad: Minister for Planning and Development Ahsan Iqbal has urged the integration of Artificial Intelligence (AI) across all sectors as a strategy to increase productivity and maintain global competitiveness.

According to a statement by Ministr...

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