Agri Growth: Pakistan Witnesses 103% Rise in Tractor Sales
ISLAMABAD: In a remarkable turn of events, Pakistan's agricultural landscape is experiencing a robust transformation as tractor sales soar, registering an impressive 103% increase...
PSX Snaps Losing Streak After a Strong Comeback Buoyed by Moody’s Rating
KARACHI: Brimming with confidence after latest upgrade in Pakistan’s credit rating by international rating agency Moody’s, the Pakistan Stock Exchange (PSX) witnessed a positive...
Google Fuels Innovation at Think Apps 2024, Empowering Pakistan’s Booming App Industry with AI
Pakistan recorded a compound annual growth rate (CAGR) of 32% in global downloads of locally-made apps from 2018 to 2023.
In 2023, apps...
Moody’s Upgrades Pakistan’s Rating to Caa2; Changes Outlook to Positive
WASHINGTON: Global rating agency Moody’s on Wednesday upgraded Pakistan’s local and foreign currency issuer and senior unsecured debt ratings to Caa2 from Caa3.
The international...
Third Oil and Gas Reservoir Discovered in a Month
ISLAMABAD: A third oil and gas reservoir has been discovered in the Razgir-I Formation of the Kohat Tal Block, marking the third such find...
Firewall Issue Causes $300 Million Loss to Country’s IT industry
ISLAMABAD: The country’s IT industry has been hit hard by poor internet service as it has suffered a loss of $300 million so far.
Underscoring...
Premier Dissatisfied With Work of Stefan Dercon; Assigns Task to Ishaq Dar
ISLAMABAD: Prime Minister Shehbaz Sharif, dissatisfied with the work of UK-based economist Stefan Dercon, has assigned the responsibility of developing the "home-grown economic development...
MSCI Adds 7 Pakistani Companies to Global Indices
NEW YORK: Pakistan has attained another in Pakistani stock market's crown and gains a new economic scenario as Morgan & Stanley Capital International (MSCI)...
Big Relief for Pakistan: ‘Friends in Need’ Roll Over $12bn Debt for One Year
ISLAMABAD: Pakistan has received significant relief from its 'Friends in Need' as China, Saudi Arabia, and the United Arab Emirates (UAE) have agreed to...
Pakistan Witnesses Rise in Exports During FY24 with Decline in Imports: Reports
ISLAMABAD: Pakistan has witnessed a “remarkable” rise in its exports during the current fiscal year following the establishment of the Special Investment Facilitation Council...
