Real Estate
Pakistan Stock Exchange Hits Record High as Share Prices Soar
The Pakistan Stock Exchange (PSX) kicked off the new trading week on Monday with historic gains, as the benchmark KSE-100 Index crossed the 174,000-point mark for the first time ever. The milestone reflects growing investor confidence and a positive outlook for Pakistan’s equity market. During intraday trading, the KSE-100 Index surged by over 1,900 points, […]
Bulls Rally Pushes Pakistan Stock Exchange Past 172,000 Milestone
The Pakistan Stock Exchange (PSX) witnessed a strong bullish turnaround on Friday as investor optimism surged, propelling the benchmark KSE-100 Index beyond the historic 172,000-point level. The rally reflected renewed confidence in Pakistan’s economic outlook, supported by positive macroeconomic signals and strong sectoral participation. During intraday trading, the KSE-100 Index climbed sharply by 1,295.19 points […]
Kuwait Keen to Enhance Investment in Pakistan, Focus on Energy and Trade
Kuwait has expressed strong interest in expanding its investment footprint in Pakistan, particularly in the energy, trade, and broader investment sectors, signaling growing confidence in Pakistan’s economic potential. Federal Minister for Petroleum Ali Pervez Malik held a high-level meeting with Kuwait’s Minister of Finance and Chairman of the Kuwait Investment Authority (KIA), Dr. Sabih Al […]
PM Shehbaz Welcomes 50-Basis-Point Interest Rate Cut as Boost for Economy
Prime Minister Shehbaz Sharif has welcomed the State Bank of Pakistan’s decision to cut the policy interest rate by 50 basis points, calling it a positive signal for the country’s economic direction and a relief-oriented step for businesses and the general public. In an official statement issued on Monday, the prime minister said the reduction […]
Pakistan, ADB Sign Three Major Agreements to Boost Transport and Water Infrastructure
Pakistan has formalised three key agreements with the Asian Development Bank (ADB) to accelerate major infrastructure initiatives in the transport and water resource sectors. The Ministry of Economic Affairs confirmed the development on Friday, describing the financing as a strategic boost to Pakistan’s ongoing development agenda. The agreements outline support for preparing the ML-1 Karachi […]
PM Seeks Expanded Turkish Investment in Pakistan’s Energy Sector Amid Deepening Bilateral Cooperation
Prime Minister Shehbaz Sharif has invited Turkish companies to expand their investment footprint in Pakistan’s energy sector, underscoring the government’s commitment to strengthening bilateral ties with Türkiye through strategic economic collaboration. He made the remarks during a meeting with Turkish Minister of Energy and Natural Resources Alparslan Bayraktar, who called on him at the PM […]
FM Aurangzeb Calls for Urgent Action on Climate Change and Population Growth at Pakistan Population Summit
Finance Minister Muhammad Aurangzeb has underscored the urgent need for Pakistan to confront the dual challenges of climate change and rapid population growth, describing them as critical barriers to unlocking the nation’s full economic and developmental potential. Speaking at the Pakistan Population Summit in Islamabad, the minister highlighted that meaningful progress requires collective responsibility, strategic […]
PPL Reports Big Increase in Gas Processing Capacity in Sindh’s Sanghar District
In a significant achievement for Pakistan’s energy sector, Pakistan Petroleum Limited (PPL) has successfully enhanced the gas processing capacity at its Gambat South Gas Processing Facility (GPF-II) in Sanghar, Sindh, from 55 million standard cubic feet per day (MMscfd) to 60 MMscfd through process optimization. The upgrade, completed without any hardware modification, underscores PPL’s commitment […]
PSX Maintains Bullish Momentum, Gains Over 600 Points
The Pakistan Stock Exchange (PSX) continued its upward trend on Thursday, extending its bullish momentum for the second consecutive session as investor confidence strengthened following the staff-level agreement between Pakistan and the International Monetary Fund (IMF) for a $1.2 billion loan package. During intraday trading, the KSE-100 Index surged by 685.25 points, reaching 166,371.63 points, […]
Bahria Town Under Scrutiny: FIA, NAB Seize Records in Islamabad Raid Amid Rs 1.58 Trillion Money Laundering Allegations
Major Crackdown on Financial Crimes The Federal Investigation Agency (FIA) and the National Accountability Bureau (NAB) intensified their joint investigation into alleged financial misconduct by raiding Bahria Town offices in Islamabad. Officials confirmed the seizure of sensitive records and the arrest of staff members, marking a decisive move against suspected networks operating under the cover […]