The government of Pakistan has developed a new Medium-Term Debt Management Strategy to address its external financing needs in the coming years. With the support of the International Monetary Fund (IMF), the government aims to secure funding through 10- to 15-year international bonds and concessional multilateral loans. Additionally, it intends to diversify its local debt… Read More »
In recent times, few stocks have captured the attention of Wall Street as much as Palantir Technologies Inc., a company at the forefront of the artificial intelligence revolution. Despite facing challenges in the past, Palantir’s stock witnessed a remarkable surge, more than doubling in value over a six-week period starting from May. This impressive rally,… Read More »
Amidst the prevailing power crisis in the country, the Water and Power Development Authority (WAPDA) and Sheikh Ahmed Dalmook Al Maktoum’s private office from the United Arab Emirates (UAE) have joined hands to undertake strategic projects in Pakistan’s energy sector. This collaboration, marked by the signing of two significant Memorandum of Understanding (MoUs) on Sunday,… Read More »
Decrease in International Market Reflects on Gold Price The gold price in Pakistan has experienced a decline of Rs1,500 per tola, following the decrease in the international market. This downward trend has been observed due to various factors impacting the global economy. Gold Rate Drops Significantly The All-Pakistan Sarafa Gems and Jewellers Association (APSGJA) has… Read More »
Prime Minister Shehbaz Sharif is actively seeking to attract Turkish investors and businessmen to expand their investment in various sectors of Pakistan. During his visit to Turkey for President Recep Tayyip Erdogan’s swearing-in ceremony, PM Sharif held separate meetings with representatives from several companies, emphasizing the potential for investment and job creation in Pakistan. Establishing… Read More »