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Hafeez Shaikh

Caretaker PM: PPP denies consensus on Hafeez Shaikh’s name

Published 08 Aug, 2023 06:37am

ISLAMABAD: Pakistan People’s Party (PPP) Secretary General Nayyar Hussain Bokhari on Monday denied consensus on...

Hafeez Shaikh among candidates shortlisted for caretaker PM: Sanaullah

Updated 07 Aug, 2023 12:59am

Says caretaker set-up would be announced on Wednesday or Thursday

Tarin now appointed adviser to PM

Published 19 Oct, 2021 03:52am

ISLAMABAD: The government, on Monday, appointed Shaukat Fayaz Ahmed Tarin, former finance minister, as Adviser to ...

Rs252bn to be raised through sell-off proceeds

Published 12 Jun, 2021 05:04am

ISLAMABAD: The federal government has budgeted to generate Rs252 billion from privatisation proceeds in financial...

Ecnec reconstituted; Tarin replaces Hafeez as chairman

Published 18 May, 2021 05:05am

ISLAMABAD: The government has reconstituted the Executive Committee of the National Economic Council (Ecnec) and...

Govt seeks easing of conditions

Published 06 May, 2021 03:49am

He also spelled out his plan as the finance minister to negotiate with the IMF and how he wanted to achieve growth, and stated that the PSDP allocation would be fully utilised.

Former finance minister Hafeez Shaikh contracts coronavirus

Published 30 Mar, 2021 02:17pm

"Just found out that Dr Hafeez Shaikh has tested positive for Covid-19. I pray for his swift recovery and good health," recently appointed Finance Minister Hammad Azhar tweeted.

Hammad Azhar to replace Hafeez Shaikh as finance minister

Updated 29 Mar, 2021 09:35pm

As per reports, Federal Minister of Industries and Production Hammad Azhar would be appointed as a replacement for Hafeez Shaikh.
The development comes weeks after PPP candidate Yusuf Raza Gilani defeated Hafeez Shaikh in the Islamabad general seat Senate elections.

PTI, PDM don’t prioritise Karachi: JI

Published 16 Mar, 2021 04:43am

KARACHI: Jamaat e Islami (JI) Karachi chief Engr Hafiz Naeem-ur-Rehman said that unfortunately both the ruling...

Ex-Commerce minister blast at govt decision to withdraw tax exemptions

Published 11 Mar, 2021 02:50pm

Akhtar said unfortunately Pakistan is moving in an opposite direction. “I think this will have a negative impact on Pakistan’s economy,” he said.

‘Senate election showed how we are losing our moral compass’: PM

Published 11 Mar, 2021 09:55am

"Many nations before you were destroyed when there was one law for the powerful and another for the weak," the PM said while quoting the Holy Prophet (PBUH).
The premier added that without justice and rule of law, states disintegrate because once moral authority is lost, deal making (NRO) with the powerful criminals is resorted to.

PM Imran vows to bring election reforms to eliminate corrupt practices

Updated 08 Mar, 2021 09:23pm

“We are taking measures to ensure that next Senate elections would be held through the open ballot,” said Imran Khan.
"The Opposition used money to win the Islamabad seat," he said, referring to Dr Abdul Hafeez Shaikh's surprise loss to former prime minister Yousaf Raza Gilani.

PM Imran directs Hafeez Shaikh to continue as Finance Minister

Updated 06 Mar, 2021 08:58pm

During the meeting PM Imran expressed full confidence in his abilities and asked that he continue his work.
Shaikh had lost a Senate seat from PDM's joint candidate Yousuf Raza Gilani.

Getting Hafeez Shaikh elected to Parliament: There are various options open to govt

Published 06 Mar, 2021 05:01am

ISLAMABAD: The federal government is mulling over different options to bring Finance Minister Hafeez Shaikh to the...

Nawaz asks Imran to step down

Updated 05 Mar, 2021 09:43am

ISLAMABAD: The Pakistan Muslim League-Nawaz (PML-N) supremo and former premier, Nawaz Sharif on Thursday, asked ...

PM holds talks with COAS, ISI chief

Updated 05 Mar, 2021 09:44am

ISLAMABAD: Prime Minister Imran Khan on Thursday held a detailed meeting with Army Chief General Qamar Javed Bajwa...

Senate election: PM Imran questions ECP’s responsibility, transparency

Updated 04 Mar, 2021 07:43pm

"This is important because what problems our nation suffers from stem from the very situation that unfolded yesterday," said Imran Khan.
Premier has already announced to seek vote of confidence from National Assembly on Saturday.

Senate polls: Fawad ‘surprised’ over delay in reforms by ECP

The finance minister was of the view that the latest agreement would make Pakistan an attractive destination for international investors and gobal capital markets.

Hafeez Sheikh submits nomination papers for Senate election

Updated 13 Feb, 2021 02:38pm

Sheikh along with his fellow lawmakers, Azam Swati, Hammad Azhar and others reached the Election Commission of Pakistan (ECP) office to submit his nomination papers.
He was confident that the PTI will emerge victorious in the upcoming Senate elections.

PTI finalises Faisal Vawda, Hafeez Shaikh and others as candidates for Senate polls

Updated 12 Feb, 2021 08:56pm

The Federal Minister for Science and Technology Fawad Chaudhry disclosed the development in a series of tweets stating that the party has finalised most of its candidates for the Senate polls.
"From Sindh, Faisal Vawda will contest the election while Saifullah Abro will contest the election for the technocrats seat as the PTI's candidate," the minister tweeted.

Govt to sign new agreement with IPP’s: Hafeez Shaikh

Published 06 Feb, 2021 01:27pm

On issues revolving the power sector, he said that "there is a lot of focus on the power sector."

Govt committed to ensure provision of essential commodities at affordable prices: Hafeez Shaikh

Published 01 Feb, 2021 09:23pm

Finance secretary outlined the significant decline in year-on-year CPI to 5.7% in January 2021 as compared to 14.6% in January last year.

Pakistan talks with IMF at advanced stage says Hafeez Shaikh

Published 29 Jan, 2021 10:21am

On the wheat shortage issue, he said the government would import 4 million tonnes of wheat during the current year to meet the demand.

Senate elections: List of PTI candidates from Sindh sent to PM

Published 20 Jan, 2021 04:29am

KARACHI: A list of possible Pakistan Tehreek-e-Insaf (PTI) candidates from Sindh for the upcoming Senate elections...

ECC approves 2pc additional cut in customs duties on 152 tariff lines

Published 06 Jan, 2021 09:29pm

The Additional Secretary of the ministry gave a detailed presentation regarding availability of wheat stocks across the country.

Finance Adviser Shaikh urges on improving governance

Published 18 Nov, 2020 02:22pm

Shaikh said that despite the Coronavirus pandemic, the Pakistani economy performed positively, the government distributed financial assistance to the beneficiaries under the Ehsas program and provided a special package for the business community to mitigate the COVID-19 impact.

ECC approves extension of power purchase agreement with Iran

Published 28 Oct, 2020 04:22pm

The ECC granted approval for the renewal of the contract with Tavanir Iran for the purchase of 104MW of electricity subject to vetting by the Ministry of Law and Justice.

Hafeez Shaikh chairs FBR policy board meeting

Published 22 Oct, 2020 09:22pm

During the meeting, the chair also inquired on the progress of clearance of containers on the Torkham Borders.

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Currency	Rate
USD PKR Interbank Selling / Jul 20	278.15
USD PKR Interbank Buying / Jul 20	277.95
USD to Japanese Yen / Jul 20	162.52
USD to Swiss Franc / Jul 20	0.81
Pound Sterling to USD / Jul 20	1.34
Euro to USD / Jul 20	1.14
SOFR % / Jul 20	3.62

Stock	Volume
S&P 500 / Jul 20	7,443.28
India Sensex / Jul 20	77,708.52
Nasdaq / Jul 20	25,508.07
Hang Seng / Jul 20	25,143.05
FTSE 100 / Jul 20	10,524.76
Dow Jones / Jul 20	51,839.26
Germany DAX 30 / Jul 20	24,846.69
France CAC40 / Jul 20	8,340.11
Tokyo Nikkei / Jul 21	65,077.32

Item	Value
Crude Oil USD/Barrel / Jul 20	83.17
Karachi Cotton PKR/37.32 KG / Jul 20	18,880
Gold 10 Grams PKR / Jul 20	363,971
Gold Spot USD/Ounce / Jul 20	4,017.31
Cotton US¢/pound / Jul 20	78.92
Petrol/Litre / Jul 21	316.15
Diesel/Litre / Jul 21	354.35

Gainers
Losers
Leaders

Stock	Price
Asia Ins. / Jul 20 Asia Insurance Company Limited(ASIC)	37.90 ▲ 3.45 (10.01%)
TPL Insurance / Jul 20 TPL Insurance Limited(TPLI)	64.08 ▲ 5.83 (10.01%)
Ahmad Hassan / Jul 20 Ahmad Hassan Textile Mills Limited(AHTM)	100.21 ▲ 9.11 (10%)
Baba Farid Sugar / Jul 20 Baba Farid Sugar Mills Limited(BAFS)	460.42 ▲ 41.86 (10%)
Crescent Cotton / Jul 20 Crescent Cotton Mills Limited(CCM)	59.05 ▲ 5.37 (10%)
National Silk / Jul 20 The National Silk & Rayon Mills Limited(NSRM)	299.43 ▲ 27.22 (10%)
Olympia Mills / Jul 20 Olympia Mills Limited(OML)	118.34 ▲ 10.76 (10%)
Pak Refinery / Jul 20 Pakistan Refinery Limited(PRL)	49.05 ▲ 4.46 (10%)
Husein Industries / Jul 20 Husein Industries Limited(HUSI)	55 ▲ 5 (10%)
Leather Up Ltd. / Jul 20 Leather Up Limited(LEUL)	45.98 ▲ 4.18 (10%)

Stock	Price
Khairpur Sug. / Jul 20 Khairpur Sugar Mills Limited(KPUS)	1,684.32 ▼ -187.15 (-10%)
Service Textile / Jul 20 Service Industries Textiles Limited(SERT)	56.04 ▼ -6.23 (-10%)
S.G.Power / Jul 20 S.G. Power Limited(SGPL)	87.83 ▼ -9.76 (-10%)
Maqbool Textile / Jul 20 Maqbool Textile Mills Limited(MQTM)	33.43 ▼ -3.71 (-9.99%)
Ideal Dynamics / Jul 20 Ideal Dynamics Limited(IDEAL)	49.50 ▼ -5.25 (-9.59%)
Fateh Sports / Jul 20 Fateh Sports Wear Limited(FSWL)	136.39 ▼ -13.9 (-9.25%)
Buxly Paints / Jul 20 Buxly Paints Limited(BUXL)	173.04 ▼ -16.9 (-8.9%)
ARM Green Industries / Jul 20 ARM Green Industries Limited(ARMG)	64.63 ▼ -6.07 (-8.59%)
Elahi Cotton / Jul 20 Elahi Cotton Mills Limited(ELCM)	216.01 ▼ -20.08 (-8.51%)
Metro Steel / Jul 20 Metropolitan Steel Corporation Limited(MSCL)	22.03 ▼ -2.02 (-8.4%)

Stock	Volume
Cnergyico PK / Jul 20 Cnergyico PK Limited(CNERGY)	166,059,814 ▲ 0.8
Pak Refinery / Jul 20 Pakistan Refinery Limited(PRL)	49,159,104 ▲ 4.46
TPL Properties / Jul 20 TPL Properties Limited(TPLP)	38,436,785 ▲ 0.41
Trust Sec.& Brok. / Jul 20 Trust Securities & Brokerage Limited(TSBL)	36,283,729 ▲ 0.15
K-Electric Ltd. / Jul 20 K-Electric Limited(KEL)	27,615,297 ▼ -0.07
Lotte Chemical / Jul 20 Lotte Chemical Pakistan Limited(LOTCHEM)	17,575,908 ▲ 0.54
WorldCall Telecom / Jul 20 Worldcall Telecom Limited(WTL)	15,089,114 ▲ 0
B.O.Punjab / Jul 20 The Bank of Punjab(BOP)	14,202,726 ▲ 0.01
Maple Leaf Cement / Jul 20 Maple Leaf Cement Factory Limited(MLCF)	13,521,739 ▲ 0.86
F. Nat.Equities / Jul 20 First National Equities Limited(FNEL)	13,125,536 ▲ 0.01

Hafeez Shaikh

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