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World Bank

Eni suspends World Bank arbitration in Nigeria oilfield dispute

MILAN: Italian oil company Eni has temporary halted arbitration regarding an oilfield dispute with the Nigerian...

Published 21 Nov, 2023 06:01am

Editorials

Inflation at a dangerous level

EDITORIAL: Sensitive Price Index (SPI) for the week ending 16 November 2023 increased by 9.95 percent against a rise...

Published 21 Nov, 2023 06:01am

Business & Finance

Increase in FED on cigarettes: Health advocates call for implementation of World Bank’s recommendation

ISLAMABAD: Health advocates called for immediate implementation of the latest recommendation of the World Bank (WB)...

Published 18 Nov, 2023 06:03am

World

Kenya could lose up to 7.25% of GDP to climate change, World Bank says

NAIROBI: Kenya could lose up to 7.25% of economic output by 2050 if it does not take strong action to adapt to...

Published 17 Nov, 2023 11:46am

Pakistan

World Bank approves restructuring of $380m PFM programme

ISLAMABAD: The World Bank (WB) has approved the restructuring of the financing agreement of the Public Financial...

Published 14 Nov, 2023 05:08am

Business & Finance

World Bank offers prop for Sri Lanka’s stressed banks

COLOMBO: The World Bank on Friday provided Sri Lanka $150 million to underwrite savings of millions of depositors in...

Published 10 Nov, 2023 02:36pm

Markets

World Bank -funded Sindh solar energy project remains delayed

ISLAMABAD: The implementation of the Sindh solar energy project funded by the World Bank remains delayed with the...

Published 09 Nov, 2023 05:38am

Markets

World Bank -funded Sindh solar energy project still faces delay

ISLAMABAD: The implementation of the Sindh solar energy project funded by the World Bank remains delayed with the...

Published 09 Nov, 2023 05:38am

Pakistan attracted $16bn in visitor spending in 2022: World Bank

ISLAMABAD: Pakistan attracted $16 billion in visitor spending in 2022 which is projected to touch $30 billion in...

Updated 08 Nov, 2023 01:24pm

$209m EDEIP: World Bank rates implementation progress as moderately satisfactory

ISLAMABAD: The World Bank has rated the implementation progress of the “Electricity Distribution Efficiency...

Updated 07 Nov, 2023 09:43am

Opinion

Output: uptick, downtick or ...

This is the first of a two-part series focusing on the significant divergence in calculation of Gross Domestic...

Updated 06 Nov, 2023 06:03am

Editorials

Rational water pricing mechanism

EDITORIAL: The Special Investment Facilitation Council’s (SIFC’s) direction to the water resource ministry to...

Published 04 Nov, 2023 06:00am

Pakistan

World Bank delegation meets BISP chairman: Increase in amount of stipend under Kifaalat initiative proposed

ISLAMABAD: Chairperson Benazir Income Support Programme (BISP) Dr Amjad Saqib has proposed an increase in the amount...

Published 03 Nov, 2023 06:42am

Opinion

FATF strategic initiatives & Pakistan

The fourth, three-day plenary session of the Financial Action Task Force (FATF) concluded on October 27, 2023, with...

Updated 03 Nov, 2023 07:12am

Opinion

Rising global economic uncertainties

‘Businesses, governments, and investors were already navigating a foggy global landscape before the tragic events...

Updated 03 Nov, 2023 07:13am

Business & Finance

World Bank official meets Shamshad

ISLAMABAD: Dr Tauqeer Hussain Shah, the executive director (designate) World Bank, called on the caretaker Minister...

Published 03 Nov, 2023 06:11am

Pakistan

World Bank official assures lender will enhance cooperation with Pakistan

Dr Tauqeer Hussain Shah, Executive Director (designate) World Bank, has assured Pakistan the financial institution...

Updated 02 Nov, 2023 06:14pm

Opinion

On the table, getting carved

Israel’s success in bulldozing all attempts of international mediation in the Gaza conflict (thank you Uncle Sam)...

Published 02 Nov, 2023 03:16am

Editorials

Rising Sensitive Price Index: sensitive matter

EDITORIAL: The year-on-year (YoY) increase in the Sensitive Price Index (SPI) remained worryingly high at 29.65...

Published 31 Oct, 2023 05:26am

World Bank projects 1.7pc growth rate

ISLAMABAD: The World Bank has projected positive growth return for Pakistan in fiscal year 2023-24, but at a rate of...

Updated 31 Oct, 2023 09:15am

Markets

World Bank sees oil lower in 2024, but wider Middle East war could spike them

WASHINGTON: The World Bank said on Monday it expected global oil prices to average $90 a barrel in the fourth...

Published 30 Oct, 2023 04:56pm

NTMP-1: World Bank not happy with progress

ISLAMABAD: The World Bank (WB) has warned National Transmission and Despatch Company (NTDC) that progress on...

Updated 28 Oct, 2023 04:31pm

Pakistan

World Bank team meets Secretary Industry, Trade

LAHORE: World Bank delegation on Friday called on Secretary Industry and Trade Ehsan Bhutta at the Tevta ...

Published 28 Oct, 2023 05:58am

Opinion

Developing countries and the challenge of fiscal space

Developing countries, in general, are faced with a serious lack of fiscal space to make needed investments to reach ...

Updated 27 Oct, 2023 05:58am

Editorials

Menace of overloading

EDITORIAL: It’s a shame that you can always count on transporters’ associations to throw a fit every time they...

Published 26 Oct, 2023 06:08am

Opinion

Navigating deep malaise

Why is corruption so pervasive in Pakistan? Why do civil institutions consistently fail to deliver? Why is there a...

Updated 25 Oct, 2023 06:39am

World

Israel-Hamas war risks ‘serious’ economic damage: World Bank president

RIYADH: The war between Israel and Hamas could deal a “serious” blow to global economic development, the president...

Published 24 Oct, 2023 12:58pm

World

Climate ‘loss and damage’ talks end in failure

PARIS: A crucial meeting on climate “loss and damages” ahead of COP28 ended in failure Saturday, with countries...

Published 22 Oct, 2023 03:20am

Different projects/programmes: World Bank for adhering to agreed timelines

ISLAMABAD: Expressing concerns at the delays in different projects/programs, the World Bank has urged the...

Updated 21 Oct, 2023 04:49pm

World

China’s Xi announces over $100 billion in new Belt and Road funding

BEIJING: Beijing will inject over $100 billion of new funding into its Belt and Road initiative, President Xi...

Published 18 Oct, 2023 01:20pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 19	278.45
USD PKR Interbank Buying / Apr 19	278.15
USD to Japanese Yen / Apr 19	154.64
USD to Swiss Franc / Apr 19	0.91
Pound Sterling to USD / Apr 19	1.24
Euro to USD / Apr 19	1.07

Stock	Volume
S&P 500 / Apr 19	4967.23
India Sensex / Apr 19	73088.33
Tokyo Nikkei / Apr 19	37068.35
Nasdaq / Apr 19	15282.01
Hang Seng / Apr 19	16224.14
FTSE 100 / Apr 19	7895.85
Dow Jones / Apr 19	37986.40
Germany DAX 30 / Apr 19	17737.36

Item	Value
Crude Oil USD/Barrel / Apr 19	83.14
Karachi Cotton PKR/37.32 KG / Apr 19	21035
Gold 10 Grams PKR / Apr 19	214935
Gold Spot USD/Ounce / Apr 19	2391.93
Cotton US¢/pound / Apr 19	81.02
Petrol/Litre / Apr 20	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 20 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 20 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 20 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 20 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 20 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 20 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 20 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 20 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 20 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 20 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 20 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 20 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 20 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 20 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 20 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 20 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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