Finance
Elon Musk To Buy Twitter For $44 Billion
Elon Musk clinched a deal to buy Twitter for $44 billion on Monday in a transaction that will shift control...
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IMF agrees to add $2bn to ongoing program
ISLAMABAD/WASHINGTON: To help Pakistan's balance of payments and foreign exchange reserves, the International Monetary Fund (IMF) has decided to increase...
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Pakistan Records its Highest Ever IT Exports in 9 Months of FY 2022
IT export remittances including telecommunication, computer, and information services from July 2021 to March 2022 have surged to $1.948 billion...
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Punjab govt to provide sugar at rate of Rs70 per kg from Sunday
Following the direction of Prime Minister Shehbaz Sharif, the Punjab government will provide sugar at subsidised rate of 70 rupees...
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SadaPay receives an EMI license from the State Bank of Pakistan
The State Bank of Pakistan has awarded fintech a commercial license to provide financial services via its smartphone app as...
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USAID to Launch $23.5 Million Power Sector Improvement Project in Pakistan
The United States government, through the United States Agency for International Development (USAID), is partnering with the Pakistani government to...
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SBP reserves up by $36m
KARACHI: According to figures issued by the State Bank of Pakistan (SBP) on Thursday, the central bank's foreign exchange reserves...
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Bank Investments Reach All-Time High
On the improved margins given by government securities and Sukuks, the banking industry's investment surpassed the benchmark of Rs. 15...
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Oil prices up as traders weigh demand and supply issues
After a day of losses because to demand fears related to China's Covid-19 ban, oil began to rise on Thursday....
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Cut-Off Yield on T-Bills Soars by 70 BPS
In the paper's auction on Wednesday, the cut-off yields on Treasury Bills (T-Bills) increased by 55-70 basis points (bps). As...
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