
Pakistan to Sell 15% Reko Diq Stake to Saudi Arabia
Pakistan has agreed to sell 15% of its shares in the Reko Diq project to Saudi investors, reducing its stake from 50% to 35%.

Pakistan has agreed to sell 15% of its shares in the Reko Diq project to Saudi investors, reducing its stake from 50% to 35%.

The IMF mission returned to Washington without a staff-level agreement on the new bailout package.

Pakistan International Airlines Corporation Limited (PSX: PIAA) will officially close its books at the Pakistan Stock Exchange (PSX) on May 25, 2024, as per a stock filing dated May 16, 2024

Pakistan’s IT sector has been accelerating monthly, reaching a record high of $310 million in April 2024—an all-time monthly peak

The International Monetary Fund (IMF) has instructed Pakistan to raise the advance tax on the purchase of immovable properties in the upcoming budget.

The upcoming federal budget (2024-25) will introduce new rates for duties and taxes on black tea imports.

In a significant relief for consumers, the government has announced a substantial decrease in fuel prices across Pakistan.

Tesla has informed the state government of California about its plans to terminate 601 additional employees as part of its ongoing global job-cutting strategy.

On Wednesday, the Pakistan Stock Exchange (PSX) witnessed a historic milestone as its benchmark index, the KSE-100, surged past the 75,000 mark for the first time ever, marking the exchange’s most remarkable day of the year.

Pakistanis collectively possess properties valued at approximately $11 billion (Rs. 30 trillion) in Dubai, as revealed by the explosive report “Dubai Unlocked” based on leaked property data.

Prime Minister Muhammad Shahbaz Sharif presided over a meeting to assess the operations of the Ministry of Privatization and the Privatization Commission, where the Roadmap of Privatization Program 2024-2029 was presented.

In cities like Lahore and Faisalabad, mobile phone markets are experiencing a notable decrease in prices, surprising tech enthusiasts.