World Bank Pledges $40 Billion Financial Support to Pakistan under New Country Partnership Framework The World Bank has committed a major financial support package to
Meta to Lay Off 5% of Workforce Amid ‘Year of Efficiency’ Push Meta Platforms Inc. plans to cut approximately 5% of its workforce, equivalent to
The balloting for the Rs750 Prize Bond is scheduled for Wednesday, January 15, 2025, as per the National Savings 2025 schedule. The draw will take
Pakistan and Saudi Arabia Sign Agreement for Hajj 2025, Enhancing Pilgrim Services Pakistan and Saudi Arabia have signed a significant agreement for Hajj 2025, ensuring
Pakistan Likely to Increase Petrol and Diesel Prices from January 16 Due to Rising Global Oil Prices In another blow to inflation-hit consumers, the Prime
FBR to Purchase 1,010 Honda City Vehicles for Rs. 6 Billion in Phases The Federal Board of Revenue (FBR) has issued a Letter of Intent
Pakistan to Issue Yuan-Denominated Bonds to Raise $200-250 Million Pakistan plans to issue yuan-denominated bonds this year to raise between $200 million and $250 million
Circular Debt in Pakistan’s Electricity Sector Hits Record High Electricity distribution companies (DISCOs) are contributing an additional Rs. 600 billion annually to Pakistan’s already escalating
Oil Prices Surge Amid U.S. Sanctions on Russian Oil Exports Oil prices continued their upward momentum for a third consecutive session on Monday, with Brent
Petrol and diesel prices in Pakistan are set to rise by Rs. 3-5 per liter in mid-January 2025, driven by a spike in global crude
Oil prices surged nearly 3% to their highest levels in three months on Friday, as traders anticipated supply disruptions following the U.S. administration’s announcement of
Over a decade has passed since the multi-billion-dollar Gwadar Port was developed, yet it has yet to fully realize its potential as a transshipment hub.
