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Karachi, Mian Zahid Hussain, Chairman of the National Business Group Pakistan, emphasized the need for economic expansion and tax system reforms to meet Pakistan's export targets. He expressed concerns that the continued increase in electricity and gas...

The post National Business Group Chairman Warns Against Impact of Rising Energy Costs on Pakistan’s Export Goals appeared first on Pakistan Business News.

Islamabad, The Asian Development Bank (ADB) has approved funding of USD 659 million for three key development projects in the provinces of Sindh and Khyber Pakhtunkhwa (KP). The projects aim to promote inclusive and sustainable growth in Pakistan, as r...

The post ADB Approves USD 659 Million for Development Projects in Sindh and KP appeared first on Pakistan Business News.

Karachi, Pak Elektron Limited (PAEL) recently conducted a corporate briefing session, outlining its current market position, financial strategies, and future plans. The session provided insights into the company's operations amidst economic challenges ...

The post Pak Elektron (PAEL) Outlines Corporate Strategies and Market Position in Analyst Briefing appeared first on Pakistan Business News.

Karachi, In a significant development for Pakistan's financial market, the Pakistan Stock Exchange (PSX) hosted the first auction of the Government Ijarah Sukuk, marking a new era in government debt securities. This event follows the Cabinet's decision...

The post Pakistan Stock Exchange Hosts First Government Ijarah Sukuk Auction appeared first on Pakistan Business News.

Karachi, Habib Bank Limited has listed a perpetual Tier-I Term Finance Certificate, HB LTFC 3, with an issue size of Rs. 6,500,000,000. These certificates have a face value of Rs. 100,000 and offer a profit rate of "3M KIBOR + 2.00%". The bank anticip...

Karachi, Jubilee General Insurance (Code: JGICL, 812) closed the day at PKR 37.09, slightly above its opening price of PKR 37. The stock hit a high of PKR 38.9 with a total trading volume of 63,500 shares.

Karachi, Tariq Corporation Limited (TCORP), with Company Code 826, saw a slight increase in its closing price to PKR 20.8 on December 7, 2023, from an opening price of PKR 20.45. The stock traded between PKR 19.75 and PKR 20.03, with 363,000 shares ex...