Topic

funding

OGDCL expands Reko Diq funding commitment to $627mn

Updated 25 Mar, 2025 10:17pm

Oil and Gas Development Company Limited (OGDCL), one of Pakistan’s largest E&P, has approved an increase in its...

AI software firm Zip valued at $2.2 bln in latest funding round

Published 21 Oct, 2024 10:33pm

AI business software company Zip said on Monday it was valued at $2.2 billion in a funding round led by technology...

Funding and tax rebate issue: ASA EC takes stock of situation

Published 03 Jul, 2024 07:35am

LAHORE: A meeting of the Executive Council of the Academic Staff Association (ASA) held on Tuesday in the committee...

With aim to enable electric motorcycles in Pakistan, Zyp Technologies announces $1.2mn seed round

Updated 12 Sep, 2023 05:01pm

Startup’s assembly plant is based in Lahore where it has capacity to produce 8,000 electric motorcycles a year

‘Asset-light’: startup Jugnu, after raising $22.5mn in 2022, scales back operations

Updated 19 Jul, 2023 07:37pm

Jugnu, which pitched itself as a B2B ecommerce startup and announced a fund-raise of $22.5 million in March 2022,...

World Bank board approves $100mn for ‘Punjab Family Planning Program’

Updated 13 Jul, 2023 04:48pm

Project aims to provide timely access to quality family planning services free of charge

‘Significant, but chance to make reforms’: experts react on Pakistan, IMF deal

Updated 01 Jul, 2023 07:28pm

Pakistan achieved a significant breakthrough by signing a new nine-month Stand-By Arrangement (SBA) deal with the...

World Bank approves $200mn for newly-merged areas of KPK

Updated 14 Jun, 2023 07:54pm

The latest funding is part of programme agreed with the government to respond to last year's floods

USAID announces $16.4mn for Sindh’s flood affectees

Updated 07 Jun, 2023 03:24pm

Assistance will address worsening food insecurity and malnutrition and help curb the spread of disease

The Searle Company to raise Rs4.25bn through rights issue

Published 25 May, 2023 04:10pm

The Searle Company Limited (SEARL) said on Thursday it will raise Rs4.25 billion through a rights issue of 121.4...

Moody’s warns Pakistan could default without IMF bailout: report

Updated 09 May, 2023 09:39pm

Pakistan’s financing options beyond June are highly uncertain, says analyst with ratings agency

IMF to discuss Pakistan's FY24 budget plans

Updated 04 May, 2023 02:31pm

A successful staff level agreement for the 9th review will unlock a $1.1-bn tranche

Dar confirms rollover of $2bn China loan, says issue is ‘no longer pending’

Updated 31 Mar, 2023 06:46pm

Denies reports that request for rollover is 'work in progress'

Negative sentiment dents PSX, KSE-100 loses over 500 points

Updated 09 Jan, 2023 06:47pm

Negative sentiment prevailed at the Pakistan Stock Exchange (PSX), as the benchmark KSE-100 Index ended the first...

Flood-affected areas: World Bank approves $1.692bn in financing for five projects in Sindh

Updated 20 Dec, 2022 05:09pm

3 projects support rehabilitation and housing reconstruction, and restoration of crop production for vulnerable communities, while another 2 support health services for mothers and children

Karachi-based 'financial wellness' platform Neem raises $2.5mn

Updated 13 Sep, 2022 03:45pm

Funding to be utilised to serve financial wellness to Pakistan’s underbanked communities, says Neem

Extended Fund Facility: Pakistan receives Letter of Intent from IMF

Updated 12 Aug, 2022 08:11pm

Board meeting expected at the end of August

Pakistan’s fintech OneLoad secures $11mn in funding: Systems Limited

Updated 01 Aug, 2022 05:03pm

Will utilise funding for business expansion, launching multiple new products and expanding services in the unbanked Pakistani market, says PSX notice

Sequoia enters Pakistan with Dbank investment

Published 30 Jul, 2022 06:33pm

Pakistan-based fintech announces raising $17.6mn in seed round, the largest in country's history

Fitch downgrades Pakistan’s outlook to negative, sees 'considerable risks' to IMF programme

Updated 19 Jul, 2022 03:34pm

Renewed political volatility could undermine authorities' fiscal and external adjustment, it says

Startups and funding – where do we stand?

Updated 18 Jul, 2022 11:25am

Where Pakistan is ramping up efforts to digitize its retail grocery industry ranging from quick commerce to strict...

Pakistan’s Bykea raises $10mn in fresh funding from existing backers

Published 27 Jun, 2022 04:03pm

Plans to use capital to enhance and extend its offerings in mobility and fulfillment services for consumers and SMEs as well as leveraging its fleet for unique fintech use cases like COD, cash-pickup services, or verification services

Loan of $2.3bn from China credited into SBP account, says Miftah Ismail

Updated 24 Jun, 2022 08:41pm

SBP also confirms it has received the Chinese consortium loan
Assistance expected to lend support to dwindling foreign exchange reserves

World Bank approves $258mn funding to support Pakistan's healthcare sector

Published 08 Jun, 2022 03:03pm

NHSP is co-financed by the International Development Association and the Global Financing Facility for Women, Children and Adolescents

After reporting $13mn funding round in Feb, Truck It In announces 'severance packages'

Published 02 Jun, 2022 02:27pm

Announcement points to a larger trend of layoffs within tech startups globally

Q1CY22: Pakistan's startups carry on with fund-raising momentum

Published 02 Apr, 2022 10:10pm

Deal Flow Tracker by Invest2Innovate shows $165 million raised across 15 deals in just three months

Lahore-based COLABS raises $3mn in early funding

Updated 26 Mar, 2022 11:54am

Will use funds to expand to other cities

Karachi-based Truck It In raises another $13mn in early-stage funding

Published 04 Feb, 2022 12:08pm

Seed round is largest for logistics startup in MENA, Pakistan

Experts react as Senate gives nod to SBP (Amendment) Bill, 2021

Published 28 Jan, 2022 03:28pm

Functional focus will move to inflation, says one market expert

Pakistan's Find My Doctor raises $5mn in pre-series A funding

Published 24 Jan, 2022 01:55pm

Start-up will utilise funds to expand operations

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 17	278.16
USD PKR Interbank Buying / Jul 17	277.96
USD to Japanese Yen / Jul 17	162.40
USD to Swiss Franc / Jul 17	0.81
Pound Sterling to USD / Jul 17	1.35
Euro to USD / Jul 17	1.14
SOFR % / Jul 17	3.60

Stock	Volume
S&P 500 / Jul 17	7,457.69
India Sensex / Jul 17	78,151.45
Tokyo Nikkei / Jul 17	64,141.12
Nasdaq / Jul 17	25,520.24
Hang Seng / Jul 17	24,562.24
FTSE 100 / Jul 17	10,600.37
Dow Jones / Jul 17	52,146.42
Germany DAX 30 / Jul 17	24,830.98
France CAC40 / Jul 17	8,338.81

Item	Value
Crude Oil USD/Barrel / Jul 17	82.49
Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Gold Spot USD/Ounce / Jul 17	4,017.39
Cotton US¢/pound / Jul 17	78.63
Petrol/Litre / Jul 18	316.15
Diesel/Litre / Jul 18	354.35

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Jul 17 Dadabhoy Cement Industries Limited(DBCI)	17.01 ▲ 1.55 (10.03%)
Ruby Textile / Jul 17 Ruby Textile Mills Limited(RUBY)	17.59 ▲ 1.6 (10.01%)
Crescent Cotton / Jul 17 Crescent Cotton Mills Limited(CCM)	53.68 ▲ 4.88 (10%)
National Silk / Jul 17 The National Silk & Rayon Mills Limited(NSRM)	272.21 ▲ 24.75 (10%)
Suhail Jute / Jul 17 Suhail Jute Mills Limited(SUHJ)	223.96 ▲ 20.36 (10%)
Baba Farid Sugar / Jul 17 Baba Farid Sugar Mills Limited(BAFS)	418.56 ▲ 38.05 (10%)
Shadman Cotton / Jul 17 Shadman Cotton Mills Limited(SHCM)	50.61 ▲ 4.6 (10%)
Asia Ins. / Jul 17 Asia Insurance Company Limited(ASIC)	34.45 ▲ 3.13 (9.99%)
Olympia Mills / Jul 17 Olympia Mills Limited(OML)	107.58 ▲ 9.65 (9.85%)
TPL Trakker Ltd / Jul 17 TPL Trakker Limited(TPLT)	27.91 ▲ 2.5 (9.84%)

Stock	Price
Tariq Corp. (R) / Jul 17 Tariq Corporation Limited(Right)(TCORPR2)	2.70 ▼ -0.89 (-24.79%)
First Punjab Modaraba / Jul 17 First Punjab Modaraba(FPJM)	11.04 ▼ -1.23 (-10.02%)
Khairpur Sug. / Jul 17 Khairpur Sugar Mills Limited(KPUS)	1,871.47 ▼ -207.94 (-10%)
Service Textile / Jul 17 Service Industries Textiles Limited(SERT)	62.27 ▼ -6.92 (-10%)
S.G.Power / Jul 17 S.G. Power Limited(SGPL)	97.59 ▼ -10.84 (-10%)
Mughal Iron & Steel(C) / Jul 17 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	63 ▼ -6.99 (-9.99%)
Fateh Sports / Jul 17 Fateh Sports Wear Limited(FSWL)	150.29 ▼ -16.65 (-9.97%)
Paramount Spinning / Jul 17 Paramount Spinning Mills Limited(PASM)	10.91 ▼ -1.1 (-9.16%)
Power Cem(Pref) / Jul 17 Power Cement (Pref)(POWERPS)	23.62 ▼ -2.36 (-9.08%)
Supernet Tech. / Jul 17 Supernet Technologies Limited(STL)	41.34 ▼ -3.72 (-8.26%)

Stock	Volume
Cnergyico PK / Jul 17 Cnergyico PK Limited(CNERGY)	86,491,992 ▲ 0.19
TPL Properties / Jul 17 TPL Properties Limited(TPLP)	62,545,194 ▼ -0.67
Pak Refinery / Jul 17 Pakistan Refinery Limited(PRL)	38,580,070 ▲ 2.94
WorldCall Telecom / Jul 17 Worldcall Telecom Limited(WTL)	23,499,606 ▼ -0.04
K-Electric Ltd. / Jul 17 K-Electric Limited(KEL)	18,396,866 ▼ -0.24
Lotte Chemical / Jul 17 Lotte Chemical Pakistan Limited(LOTCHEM)	17,830,259 ▼ -1.32
Hascol Petrol / Jul 17 Hascol Petroleum Limited(HASCOL)	14,534,208 ▼ -0.33
B.O.Punjab / Jul 17 The Bank of Punjab(BOP)	12,503,494 ▼ -0.51
TPL REIT Fund I / Jul 17 TPL REIT Fund I(TPLRF1)	11,458,248 ▼ -0.29
PIA Holding Co.Ltd / Jul 17 PIA Holding Company Limited(PIAHCLA)	10,427,355 ▲ 0.51

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