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BUSINESS
OGDCL records Rs 224.617 billion after tax profit for FY23
ISLAMABAD: Oct 30 : The Oil & Gas Development Company Limited (OGDCL) held its 26th Annual General Meeting (AGM) for shareholders on Monday for the financial year 2022-23 at the OGDCL Head Office in Islamabad.
The meeting was…
Jacked policy rate ? Who is real beneficiary ?
Islamabad : Oct 29 : Can someone stop the State Bank of Pakistan (SBP) from keeping the interest rate on current killing level of 22 %. SBP 's committee is meeting today (Monday) to review its policy.tate .
Currently, SBP is having 22…
Pakistan IT exports set to touch $ 250 m mark: Zohaib Khan
KARACHI : Oct 25 : Muhammad Zohaib Khan, Chairman of Pakistan Software Houses Association (P@SHA), has said Federal Caretaker Minister of Information Technology and Telecom (MoITT), Dr. Umar Saif, played a pivotal role in grabbing the…
PTCL Group refutes speculations about Ubank
Islamabad : Oct 23 : PTCL Group, the largest ICT services provider in Pakistan refutes all claims and rumors regarding the financial health of U Microfinance Bank (Ubank) its wholly owned subsidiary. Ubank is Pakistan’s fastest-growing…
NEPRA concludes hearing on K Electric power acquisition programme
Karachi, OCTOBER 19, 2023: NEPRA on Thursday concluded a public hearing on K-Electric’s Power Acquisition Programme (PAP) for FY2024 to FY2030.
The key objective of the Power Acquisition Programme is to develop a long-term capacity…
OGDCL violates PPRA rules to award $ 85 m Uch gas compression project to handpicked party
Islamabad: Oct 17: In a worse case of compromising the national interest, Oil and Gas Company (Pvt) Limited (OGDCL), a state-owned exploration and production giant, has awarded a $ 85 million Uch gas compression project to a foreign…
Dr Shamshad holds meeting with IMF , WB top officials
Marrakech: October 15, 2023: Caretaker Finance minister ,Dr. Shamshad Akhtar, the Federal Minister for Finance, Revenue, and Economic Affairs, participated in a high-profile meeting of Finance Ministers with the Managing Director of the…
FM attends roundtable discussion on global tax policy reforms for G-24
ISLAMABAD : Oct 14 : Dr. Shamshad Akhtar, Federal Minister for Finance, Revenue, and Economic Affairs, participated in the roundtable discussion on Global Tax Policy Reforms and Options for G-24, held in the backdrop of the annual meeting…
SECP raising awareness about Islamic capital market
KARACHI, October 13: The Securities and Exchange Commission of Pakistan (SECP), in partnership with the Pakistan Stock Exchange (PSX) and the IBA Centre for Excellence in Islamic Finance (IBA-CEIF), held sessions to raise awareness about…
WB extends unflinching for Pakistan’s economic growth
Morocco : Oct 12 : Federal Minister for Finance, Revenue, and Economic Affairs, Dr. Shamshad Akhtar held a meeting with Mr. Martin Raiser, the Vice President of the World Bank for South Asia on Thursday, on the sidelines of Annual Meetings…