KARACHI: A Letter of Intent (LOI) to work together on the creation of a Center for Islamic Finance has been signed by Meezan Bank and The Institute of Chartered Accountants of Pakistan (ICAP). By improving professional competence through education, training, and certification programs, this project seeks to fortify the IslamicRead More →
ISLAMABAD : According to Julie Kozack, director of communications for the International Monetary Fund (IMF), Pakistan will get $1.3 billion in installments over 28 months under the Resilience and Sustainable Facility (RSF). During a press conference, Kozack stated that the staff-level agreement mentions $1.3 billion for the RSF for theRead More →
The World Bank Group’s Board of Directors has authorized a $300 million International Development Association (IDA) loan for the Punjab Clean Air Program (PCAP), which would improve air quality management and battle pollution. PCAP will help the Punjab government’s Smog Mitigation Action Plan (SMAP) address the pressing issue of smogRead More →
Pakistan has rejected IMF plans to hike the gasoline price by an additional Rs10.The IMF’s plan to implement a carbon price was also rejected, as technical discussions between Pakistan and the IMF concluded. The policy-level discussions will begin on Monday. The IMF has also called for an increase in federalRead More →
ISLAMABAD – The National Electric Power Regulatory Authority (NEPRA) on Thursday devised a plan to reduce commodities costs by Rs25 per unit. NEPRA submitted a paper to the government arguing that by lowering per-unit capacity payments and fees, the energy rate might be decreased. It proposed that power rates mayRead More →
According to official media reports on Thursday, Pakistan’s Oil and Gas Development Company Limited (OGDCL) has discovered significant gas reserves in the region of Khyber Pakhtunkhwa that may produce 2.14 million cubic feet per day (MCFD). The finding is an important step in increasing Pakistan’s energy independence and is aRead More →
Digital payments in the nation are anticipated to gain from a partnership between financial platform NayaPay and digital payments and marketing platform Alipay+. “By implementing QR codes compatible with both RAAST and Alipay+ payment partners, including e-wallets and bank apps, the partnership between NayaPay and Alipay+ is expected to haveRead More →
With hundreds of thousands of posts recently declared, Saudi Arabia’s five biggest industries are likely to provide a significant number of work possibilities for Pakistan. As part of the deal, 15,000 to 20,000 work opportunities in Saudi Arabia would be made accessible to Pakistanis in fields such as construction, health,Read More →
According to recent data released by the Pakistan Automobile Manufacturing Association (PAMA), automobile sales fell 47.4 percent in the first four months of the current fiscal year 2023-24 compared to the same period the previous year. According to the statistics, 20,871 automobiles were sold during the review period, compared toRead More →
On Wednesday, November 22, 2023 (today), the price of 24-karat gold is Rs. 215,100, while the price of 22-karat gold is Rs. 197,174. The price of 10 grams of 24-karat gold is Rs.184,420. Gold Rate 24-Karat 22 Karat Per Tola Gold Rs. 215100 Rs. 197174 Per 10 Gram Gold Rs.Read More →