PTCL in Talks for $400 Million Loan to Buy Telenor Pakistan

PTCL in Talks for $400 Million Loan to Buy Telenor Pakistan

The Pakistan Telecommunication Company Ltd (PTCL) is in talks with the International Finance Corporation (IFC) a part of the World Bank, to Secure a $400 million loan. The purpose of this loan is to help

US Dollar Loses Value Against Pakistani Rupee in Interbank Trading

US Dollar Loses Value Against Pakistani Rupee in Interbank Trading

In a significant development, the US dollar has become less valuable when traded for Pakistani rupees. During Monday's Morning trading, the dollar's worth dropped by a Substantial Rs 1.22, going from Rs 277.62 to Rs

PIA’s Employee Bonus Amid Financial Challenges

PIA’s Employee Bonus Amid Financial Challenges

Pakistan International Airlines (PIA) is a company that helps people fly from one place or  country to another. Even though they are losing a lot of money, over Rs740 billion, they have decided to give

Pakistani Automaker Expands to Africa Exporting SUVs to Kenya

Pakistani Automaker Expands to Africa Exporting SUVs to Kenya

In a historic move, Master Changan Motors Ltd (MCML), a Pakistani automotive manufacturer, has begun shipping its first batch of SUVs to Kenya. This significant step marks the company's foray into the international market, with

Gold Prices in Pakistan Drop as Market Shifts to Interbank Trading for Fairer Rates

Gold Prices in Pakistan Drop as Market Shifts to Interbank Trading for Fairer Rates

Gold prices in Pakistan dropped significantly as the country's gold market switched to interbank trading. This change was made to make local gold prices align more closely with global standards and to prevent unfair practices.

Karachi’s Famous Regent Plaza Hotel May Become a Hospital with a Rs14.5 Billion Offer

Karachi’s Famous Regent Plaza Hotel May Become a Hospital with a Rs14.5 Billion Offer

Karachi's well known Regent Plaza Hotel located on Shahrah-e-Faisal has been Offered a Whopping Rs 14.5 Billion by the Sindh Institute of urology and Transplantation (SIUT) Trust. What's interesting is that the SUIT, a healthcare

Pakistan’s Plan to Complete Iran Gas Project Without US Sanctions

Pakistan’s Plan to Complete Iran Gas Project Without US Sanctions

Pakistan is making efforts to revive the long-delayed Iran-Pakistan (IP) gas pipeline project while avoiding US sanctions and a hefty billion penalty. The project was under scrutiny Due to US Sanctions against Iran. But officials

Pakistan’s Dismal Decade: Lowest Climate Financing from ADB Raises Concerns

Pakistan’s Dismal Decade: Lowest Climate Financing from ADB Raises Concerns

Pakistan has found itself at the bottom of the ladder within the race for weather financing, receiving an insignificant 5% of the available budget from the Asian Development Bank (ADB) during the last decade. In

Pakistan’s Symmetry Group Forges Partnership with Prominent US Tech Firm

Pakistan’s Symmetry Group Forges Partnership with Prominent US Tech Firm

Symmetry Group, a Pakistan-based digital technology company, has recently signed a significant agreement with Hummingbird International LLC, a renowned tech firm in the United States. This strategic partnership marks a pivotal step towards delivering transformation

Revealing Cosmic Secrets: James Webb Telescope’s Orion Nebula Discoveries

Revealing Cosmic Secrets: James Webb Telescope’s Orion Nebula Discoveries

The James Webb Space Telescope, an engineering wonder orbiting a ways beyond Earth, has once more astounded the clinical community with its current photos of the Orion Nebula. Situated 1,300 mild-years far from our planet,