Indus Motor Company (INDU), the manufacturer of Toyota vehicles in Pakistan, has announced a temporary suspension of operations at its production plant. This decision comes as a result of ongoing…
Business
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In a remarkable financial turnaround, Elon Musk, the CEO of Tesla and SpaceX, saw his net worth skyrocket by $33.5 billion in a single day. This surge comes after a…
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Gold Prices Reach New All-Time High! Gold prices have hit a new all-time high in both the local and international markets, continuing a remarkable upward trend. On Wednesday, the price…
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In a remarkable achievement for the country’s tech sector, Pakistan’s information technology (IT) exports have reached an impressive $876 million in the first quarter of the fiscal year. This significant…
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In a surprising turn of events, a recent study has revealed that street vendors are earning more than individuals in regular, salaried jobs. The study, conducted by a team of…
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Meezan Bank, Pakistan’s leading Islamic bank, has announced a remarkable profit of Rs. 25.77 billion for the third quarter of 2024, covering just three months. This milestone marks one of…
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In a remarkable display of digital financial empowerment, Pakistanis have completed transactions worth Rs. 1 trillion through the government’s digital payment system, Raast, in a mere 16 days. Launched as…
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BankIslami, one of Pakistan’s leading Islamic financial institutions, has announced a new initiative aimed at making its riba-free (interest-free) banking services more accessible to individuals from all faiths and backgrounds.…
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Business
Chinese Company Invests $1 Billion in PRL for Major Refinery Upgrade
by Haktaurusby HaktaurusIn a significant development for Pakistan’s energy sector, a Chinese investment corporation has agreed to provide $1 billion to Pakistan Refinery Limited (PRL) to support its ambitious refinery upgradation project.…
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Karachi, Pakistan – October 16, 2024 Suzuki Motorcycle, one of the leading motorcycle manufacturers in Pakistan, has announced a substantial increase in the prices of its motorcycle models, effective immediately.…