Business
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The 11th NFC constituted to determine new resource distribution between federation and provinces.
ISLAMABAD; President Asif Ali Zardari on Friday constituted the 11th National Finance Commission (NFC) to work out a fresh award...
ADB Commits $410m Financing for Pakistan’s Reko Diq Copper-Gold Project
ISLAMABAD; The Asian Development Bank (ADB) has approved a $410 million financing package to support the development of Pakistan’s massive...
PSX Retreats After Record Rally as Profit-Taking, Earnings Lull Weigh on Market
KARACHI; The Pakistan Stock Exchange (PSX) lost ground on Thursday as profit-taking set in after a record-breaking rally, with the...
PSX Crosses 150,000 Mark on Strong Growth Outlook and Energy Reforms
KARACHI; The Pakistan Stock Exchange (PSX) broke through the 150,000-point barrier on Tuesday as upbeat economic forecasts and energy sector...
PSX Soars to Record Highs on Earnings, Ratings Upgrade and Liquidity Boost
KARACHI; The Pakistan Stock Exchange (PSX) surged to new record highs on Monday, buoyed by strong corporate earnings, improving macroeconomic...
China’s Challenge Fashion to Invest $100 Million in Pakistan Special Economic Zone, Targeting $400 Million Exports
ISLAMABAD; Prime Minister Shehbaz Sharif on Friday performed the groundbreaking of a Special Economic Zone (SEZ) to be developed by...
Uzbekistan Expands Global Footprint in Critical Minerals Through Strategic Partnerships
MNN (Web Desk); Uzbekistan has strengthened its role in the global critical minerals market by joining two influential international platforms...
Sri Lanka Envoy-Designate Underscores Economic Recovery, Investment Prospects in Pakistan Visit
ISLAMABAD; Sri Lanka’s High Commissioner-designate to Pakistan, Rear Admiral Fred Senevirathna, has underscored his country’s economic rebound and newly expanded...
Bullish surges in NYSE debut, valued at $13.16 billion as shares more than double
MNN (Web Desk); Cryptocurrency exchange operator Bullish soared in its New York Stock Exchange debut on Wednesday, with its market...
Moody’s Upgrades Pakistan’s Credit Rating to Caa1 with Stable Outlook, Citing IMF Support and Reform Progress
ISLAMABAD; Moody’s Ratings has upgraded Pakistan’s credit rating from Caa2 to Caa1 with a stable outlook, citing an improved financial...
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