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The Pakistan Stock Exchange (PSX) experienced a significant surge as shares climbed 900 points during intraday trading, driven by easing political concerns and improved market sentiment. This remarkable rise reflects investor confidence, with markets reacting positively to developments on the political front. The Surge in PSX: Key Factors Behind the Climb The Pakistani stock market…
In a landmark partnership to empower youth and address skill gaps around the world, UNICEF and the Muslim World League (MWL) have joined forces under a $1.5 million agreement. The initiative is a testimony to the common commitment of the two organizations to fostering education and skill development as key drivers for sustainable development and…
Saudi Arabia plans to invest nearly $100 million in Pakistan’s mining sector and focus on Reko Diq. This comes as part of efforts to build closer economic relationships between the two countries and sustainable resource development in Pakistan. Investment in Pakistan’s Mining IndustryThe mining sector in Pakistan has been identified for decades with numerous unexploited…
The report pointed out that three of the biggest companies in Pakistan—Nestlé, Unilever, and Pakistan International Airlines (PIA)—have emerged as some of the “happiest workplaces” in the country. The results, collated by one of the leading global research organizations, underline the fast-growing importance of satisfaction and well-being of employees in driving business success. These organizations…
The Urban Plan is a strategic initiative aimed at fostering socio-economic development. It should focus on the critical areas of food security and female empowerment to create meaningful and sustainable change in the country. These two aspects are fundamental for addressing some of the most pressing challenges facing the nation, ensuring inclusive growth, and enhancing…
Deploying intelligence officers throughout Sindh would be a major step by the government to take up the ongoing challenge of power pilferage, as electricity theft is one of the primary causes of stress for the energy sector due to its direct implications on loss-making and failure in sustainable development. The problem has been going on…
In a significant development, Aurangzeb, a top government representative, announced the promising strides the country is making with Panda bonds and emphasized their importance for economic growth. Panda bonds are renminbi-denominated bonds issued in China by foreign entities, representing an important financial tool for countries that aim at diversifying funding sources and deepening trade ties…
The geopolitical tension between the United States and Russia has reached a new level with the latest announcement of US-imposed energy sanctions targeting Russian exports. This development has triggered warnings from Russian officials, who argue that such measures could have far-reaching consequences, destabilizing global energy markets and impacting economic stability worldwide. Background of the Sanctions:…
The Roshan Digital Account (RDA) has proved to be one of the most important financial tools for Pakistan, as the government has reportedly used 63% of the total inflows to support the economy. Since its introduction, the RDA has served as an essential channel for overseas Pakistanis to invest in the country’s economy, contributing to…
The Pakistan Stock Exchange started the year 2025 on a dismal note, as the benchmark KSE-100 index plunged 4,340 points in the first trading week. This massive fall is attributed to investor anxiety over lingering economic issues and global uncertainty, which has increased market volatility. Weekly Wrap The KSE-100 index started the week on a…
