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Islamabad: Minister of Planning and Development Ahsan Iqbal emphasized the pivotal role of digital connectivity in driving Pakistan's national development. Speaking at a ceremony in Islamabad, he articulated the government's commitment to a strategic ...
Read More »Pakistan and World Bank Discuss Strategies for Economic Growth
Islamabad: A delegation of Executive Directors and Alternate Executive Directors from the World Bank Group met with Planning Minister Ahsan Iqbal in Islamabad today to discuss support for sustainable economic growth in Pakistan. According to Radio ...
Read More »IFC to Invest $2 Billion Annually in Pakistan Infrastructure
Karachi: In a significant boost to Pakistan's economy, the International Finance Corporation (IFC) has announced plans to invest $2 billion annually in the country's infrastructure and key sectors. The announcement comes amid a flurry of economic deve...
The post IFC to Invest $2 Billion Annually in Pakistan Infrastructure appeared first on Pakistan Business News.
Read More »Hub Industrial Sector Plans Emergency Strike Over Water Shortage
HUB, Pakistan: The industrial sector in Hub, a pivotal manufacturing area, has announced an emergency strike scheduled for February 20, 2025, in response to persistent water shortages. The decision follows repeated, yet unresolved complaints to local ...
The post Hub Industrial Sector Plans Emergency Strike Over Water Shortage appeared first on Pakistan Business News.
Read More »Gold Prices Surge in Pakistan as International Market Influences Rates
Karachi: Gold prices in Pakistan have increased significantly, with domestic rates mirroring the rise in international markets. The price of gold per tola reached Rs. 303,200, marking an increase of Rs. 1,700, while the price for 10 grams of 24 Kt gol...
The post Gold Prices Surge in Pakistan as International Market Influences Rates appeared first on Pakistan Business News.
Read More »Karachi: KIBOR Rates Announced by State Bank of Pakistan
Karachi: The State Bank of Pakistan has released the latest Karachi Interbank Offered Rate (KIBOR) for tenors ranging from one week to one year. The rates indicate a slight fluctuation across the different tenors, with the one-week bid rate at 11.95 a...
The post Karachi: KIBOR Rates Announced by State Bank of Pakistan appeared first on Pakistan Business News.
Read More »EFERT Announces Strong Financial Results Amid Market Challenges
Karachi: Engro Fertilizers Ltd. (EFERT) recently reported its financial results for the year CY24, showing a robust earnings growth of 8% year-on-year, with total earnings reaching Rs28 billion. The company also announced a cash dividend of Rs8 per sh...
The post EFERT Announces Strong Financial Results Amid Market Challenges appeared first on Pakistan Business News.
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