Category Archives: Market

Lucky Cement to Install Rs. 11 Billion Solar, Wind Projects to Enhance Renewable Energy Mix

The Board of Directors of Lucky Cement Limited (PSX: LUCK) has approved to undertake a 28.8 MW captive wind power project at its Karachi plant, the company informed the Pakistan Stock Exchange on Monday.The project is expected to be

Pakistan, Turkmenistan vow to strengthen ties in various fields

Pakistan and Turkmenistan have expressed resolve to further strengthen ties in various fields particularly cultural heritage.The resolve was made between Interim Minister for National Heritage and Culture Jamal Shah and Ambassador of Turkmenistan to Pa...

Investor Claims ITCN Asia Has Generated $110 Million in Contracts for Pakistan

Leading Pakistani tech entrepreneur, investor and mentor to various information technology startups, Noman Said has claimed that ITCN Asia 2023 held in Karachi a couple of weeks ago has generated upwards of $110 million in exports and services contrac...

Expediting process of privatization key to Pakistan’s economic revival: Fawad

Minister for Privatization Fawad Hassan Fawad has said expediting the process of privatization is the key to Pakistan's sustained economic revival.In a tweet, the Minister said that during his meeting with the Prime Minister in Islamabad, he assured to...

Price of Petrol Has Increased by Rs. 116 Per Liter in 2023 So Far

The price of petrol in Pakistan has soared by over Rs. 116 per liter since the start of the current year.At the start of the year, the price of petrol stood at Rs 214.80 per liter which has now risen

Balochistan Governor invites business community to invest in province

Balochistan Governor Malik Abdul Wali Khan Kakar has said that Balochistan is the gateway to Asia from where trade can be done with many countries.He was addressing the business role model award ceremony at the Islamabad Chamber of Commerce and

Pakistan Imported Mobile Phones Worth Rs. 33 Billion in August

Pakistan’s mobile phone imports crossed Rs. 32.7 billion in August 2023, according to the latest data released by the Pakistan Bureau of Statistics (PBS).According to PBS data, the imports in August 2023 were 71 percent higher than imports of Rs.

Meezan Bank to Set Up Exchange Company

The Board of Directors of Meezan Bank Limited (PSX: MEBL) has approved the establishment of an exchange company with Rs. 1 billion as paid-up capital, the commercial bank informed the Pakistan Stock Exchange on Friday.According to a stock filing, the