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investments

PKIC, Enertech ink $750m agreement to promote investments

ISLAMABAD: The Pakistan Kuwait Investment Company Private Limited (PKIC) has entered into a strategic agreement ...

Published 10 May, 2022 05:10am

Markets

Saudi Aramco in talks on more investments in China

RIYADH: Oil giant Saudi Aramco is in talks with partners in China about further investments in the country, CEO Amin...

Published 22 Feb, 2022 04:43am

Markets

Russia seeks to regulate cryptocurrencies

MOSCOW: The Russian finance ministry said Monday it had submitted draft legislation regulating cryptocurrencies,...

Published 21 Feb, 2022 04:59pm

Business & Finance

Glencore sells stake in Russia’s Russneft to cap 20-year partnership

MOSCOW/LONDON: Glencore has sold out of Russneft, capping two decades of investments which saw the Swiss commodities...

Published 16 Feb, 2022 06:20am

Business & Finance

Bank deposits, advances register impressive YoY growth in January 2022

Pakistan's banking sector continued to march forward, as deposits held by the banking industry posted a notable...

Published 11 Feb, 2022 01:49pm

Sports

Biggest e-sports festival ‘Gamers Galaxy’ inaugurated: Sports events will bring in investments: President

ISLAMABAD: President Dr Arif Alvi, on Saturday, said that the sports events in Pakistan would bring further...

Published 09 Jan, 2022 07:05am

Editorials

Banking sector’s performance

EDITORIAL: The banking sector’s financial health has improved in the three quarters of calendar year 2021, as...

Published 07 Jan, 2022 06:22am

Business & Finance

Qatar targets $10bn of investments in US ports

LONDON/DUBAI: Qatar plans to invest at least $10 billion in US ports and has approached international banks for...

Published 22 Dec, 2021 06:13am

Business & Finance

ExxonMobil aims to double profits n restrained spending

NEW YORK: ExxonMobil released a plan Wednesday that aims to double oil company's profits by 2027 as it expands...

Published 01 Dec, 2021 08:58pm

Business & Finance

Brazil raises $8.4bn in 5G tender

BRASÍLIA: Brazil raised $8.4 billion in investments and license fees in an international tender to build and ...

Published 06 Nov, 2021 09:17am

Business & Finance

Success of 2nd phase of CPEC: FCCI vows to play proactive role

FAISALABAD: Faisalabad Chamber of Commerce & Industry (FCCI) will play its proactive role to make second phase...

Published 25 Oct, 2021 07:29am

BR Research

Women start-up funding space lighting up?

Pakistan’s start-up space is booming and shining especially with the surge in funding in the last couple of years....

Published 29 Sep, 2021 07:30am

Business & Finance

Investments in Pakistani startups cross $258m mark

ISLAMABAD: 2021 has been a remarkable year for Pakistani startups as far as investments are concerned. In whole of...

Updated 30 Aug, 2021 01:41am

Markets

Singapore exchange aims to boost tainted carbon markets

SINGAPORE: A financial exchange offering carbon credits and investments in conservation projects is set to launch in...

Published 21 Jun, 2021 03:43am

World

Debt is cheap, now is the time for US to invest: Yellen

"We expect the cost of federal debt payments will remain well below historical levels through the coming decade. We have a window to invest in ourselves."

Published 16 Jun, 2021 09:29pm

Business & Finance

General Motors lifts electric auto investment to $35bn through 2025

The push includes the building of two additional battery cell plants in addition to the two factories currently under construction.

Published 16 Jun, 2021 07:13pm

World

Yellen calls for standardized measurements on green investments

Environmental, social and governance (ESG) fund assets have grown from $10 billion in 2015 to $246 billion in March 2021, she said.

Published 03 Jun, 2021 05:03pm

Pakistan's WAPDA raises $500m in country's first green bond issuance

Offer oversubscribed by 4 times as eager investors help reduce yield to 7.5%

Updated 28 May, 2021 04:08am

Business & Finance

CreditBook raises $1.5M Seed investment to scale users and product offerings

Pakistani Fintech CreditBook that helps micro-entrepreneurs digitise and track their transactions raised $1.5 million in seed funding.
CreditBook plans on using this new investment to scale its users and product offering as well as hire the best talent nationally and internationally.

Published 04 May, 2021 07:48pm

Business & Finance

Prize bond holders in a fix on eve of balloting

LAHORE: Holders of Rs 7,500 denomination national prize bonds are in a fix on the eve of its balloting as the...

Published 01 May, 2021 03:28am

Pakistan

Centralised customer protection compensation fund: SECP proposes amendment relating to ongoing contributions

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has proposed revision in the procedure for...

Published 23 Apr, 2021 05:13am

World

EU poised to unveil green-friendly investment list

For an investment to be considered "green" it has to meet one of these objectives without hurting any of the others.

Published 17 Apr, 2021 04:06pm

Business & Finance

In world first, NZ to make banks report climate impact

WELLINGTON: New Zealand will force banks to reveal the impact their investments have on climate change under...

Updated 15 Apr, 2021 10:07am

Business & Finance

Hammad stresses on to strengthen business ties with KSA

Hammad said that the Pakistani diaspora in Saudi Arabia is a great asset for the country, and the government has taken initiatives such as Roshan Digital Accounts to facilitate non-resident Pakistanis for making investment in Pakistan.

Published 14 Apr, 2021 01:07pm

Business & Finance

Pakistan's trucking marketplace Truck It In raises $1.5M in pre-seed

Pakistan's Truck It In raised one of the largest pre-seed investments of $1.5 million in the Middle East, North Africa & Pakistan region for its trucking marketplace.

Published 13 Apr, 2021 02:48pm

Germany says ready to boost investment

BERLIN (Germany): Germany on Monday expressed intent to increase investment in Pakistan’s diverse sectors and ...

Updated 13 Apr, 2021 09:27am

Business & Finance

KSA wealth fund invites Pakistani businesses to explore investment opportunities

As per PIF statement, “the Public Investment Fund is seeking to become a leading global impactful investor in line with the objective of Vision 2030 and to drive the economic transformation of Saudi Arabia, through active long- term investments.”

Published 12 Apr, 2021 12:47pm

Business & Finance

BoI making environment more friendly, less time-consuming

ISLAMABAD: The Board of Investment (BoI) has made significant progress on the 6th Doing Business Reforms Action Plan...

Updated 11 Apr, 2021 10:29am

Business & Finance

RCEP to improve Pakistan's Trade & Investment Potential Manifold: PRIME

PRIME’s latest report timely informs of a window of opportunity - the Regional Comprehensive Economic Partnership (RCEP) - offering immense trade and investment potential.
Joining RCEP can trigger Pakistan’s untapped potential in various domains such as ICT services, mobile manufacturing, health and pharmaceutical sector, agricultural commodities, geographical diversification of export, investment diversification, and trade and investment policy.

Updated 08 Apr, 2021 06:03pm

Business & Finance

China’s leading construction co keen to seek more investment opportunities in Pakistan

Chen said that despite the COVID-19 pandemic, CGGC is committed to the timely completion of energy projects under the China-Pakistan Economic Corridor (CPEC) in Pakistan.

Published 08 Apr, 2021 11:50am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 29 786 Investments Limited(786)	5.20 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 29 Al-Abbas Sugar Mills Limited(AABS)	294.70 ▼ 0.00 (0.00%)
Agro Allianz / May 29 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 29 Allied Bank Limited(ABL)	70.95 ▼ 0.00 (0.00%)
Abbott Lab. / May 29 Abbott Laboratories (Pakistan) Limited(ABOT)	638.07 ▼ 0.00 (0.00%)
Abson Ind. / May 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 29 Alfalah Consumer Index ETF.(ACIETF)	8.79 ▼ 0.00 (0.00%)
Attock Cement / May 29 Attock Cement Pakistan Limited(ACPL)	82.02 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 29 786 Investments Limited(786)	5.20 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 29 Al-Abbas Sugar Mills Limited(AABS)	294.70 ▼ 0.00 (0.00%)
Agro Allianz / May 29 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 29 Allied Bank Limited(ABL)	70.95 ▼ 0.00 (0.00%)
Abbott Lab. / May 29 Abbott Laboratories (Pakistan) Limited(ABOT)	638.07 ▼ 0.00 (0.00%)
Abson Ind. / May 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 29 Alfalah Consumer Index ETF.(ACIETF)	8.79 ▼ 0.00 (0.00%)
Attock Cement / May 29 Attock Cement Pakistan Limited(ACPL)	82.02 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 27	199.40
USD PKR Interbank Buying / May 27	199.20
USD to Japanese Yen / May 27	127.12
USD to Swiss Franc / May 27	0.96
Pound Sterling to USD / May 27	1.26
Euro to USD / May 27	1.07
UK LIBOR % / May 27	0.82

Stock	Volume
S&P 500 / May 27	4158.24
India Sensex / May 27	54884.66
Tokyo Nikkei / May 27	26781.68
Nasdaq / May 27	12131.13
Hang Seng / May 27	20697.36
FTSE 100 / May 27	7585.46
Dow Jones / May 27	33212.96
Germany DAX 30 / May 27	14462.19
France CAC40 / May 27	6515.75

Item	Value
Crude Oil USD/Barrel / May 27	115.07
Karachi Cotton PKR/37.32 KG / May 27	21180.00
Gold 10 Grams PKR / May 27	122600.00
Gold Spot USD/Ounce / May 27	1853.72
Cotton US¢/pound / May 27	122.95

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