KARACHI – Sindh Chief Minister Syed Murad Ali Shah introduced a Ramzan relief package on Thursday, aimed to support the people of Sindh who are coping with high inflation. The relief initiative, valued at Rs22 billion, is meant to alleviate the financial stress experienced by citizens across the province. As part of the relief package, CM ... Read more
On Thursday, March 7, 2024, the US Dollar was valued at Rs 279.2 for buying and Rs 282.3 for selling in Pakistan’s local and open currency markets. It should be noted that exchange rates may differ depending on the location, as well as the specific Exchange Company or bank engaged in the currency exchange. Below ... Read more
Gold prices in Pakistan saw a notable rise on Tuesday, following the trend in the global market. The precious metal’s value reached Rs223,900 per tola, which marks an increase of Rs2,700 just for the day. In detail, the rate for 10 grams of gold climbed up by Rs2,315, hitting Rs191,958. These updated prices were provided ... Read more
In Saudi Arabia on Tuesday, March 5, 2024, the cost for one tola of 24-karat gold is 2,926 Saudi Riyal (SAR), reports forex.pk. In finer detail, 10 grams of 24-karat gold are being traded at SAR 2,511, while the price of gold per ounce reaches SAR 7,810 in the kingdom. Please note that the gold ... Read more
On Tuesday, March 5, 2024, the price for 24-karat gold in Pakistan is PKR 221,300 per tola. Additionally, the 24-karat gold price in the bullion market is noted at Rs 189,730 per 10 grams. Check Out the Gold Prices in Pakistan’s Cities: City Gold Silver Karachi PKR 221,300 PKR 2,450 Lahore PKR 221,300 PKR 2,450 ... Read more
The Federal Board of Revenue (FBR) has completed the disbursement of Rs 65 billion in outstanding refunds to exporters as of March 3, 2024. This action follows the instructions of Prime Minister Muhammad Shehbaz Sharif, which he emphasized during his inaugural address in the National Assembly after being elected prime minister. This step taken by ... Read more
Under the leadership of Mr. Raza Mansha, the Board of Directors of MCB Islamic Bank Ltd. reviewed and approved the bank’s financial results for the year that ended on December 31, 2023. The bank made an outstanding profit before tax of PKR 10.6 billion for the year, a substantial increase from PKR 3.2 billion the ... Read more
The National Electric Power Regulatory Authority (NEPRA) has announced a substantial hike in electricity rates. In a recent announcement, the regulatory body confirmed an increase of Rs4.56 per unit due to adjustments for fuel costs incurred in December 2023. This adjustment is set to place a hefty additional charge on consumers, totaling up to Rs39.80 ... Read more
Fly Jinnah, Pakistan’s affordable airline, is set to spread its wings internationally with its very first flight from Islamabad to Sharjah, starting on February 17, 2024. Since its inception in October 2022, the airline has provided domestic services and is now taking a significant step by offering direct flights twice a day between Islamabad and ... Read more
In a recent development, Pakistan’s Election Commission has stopped the interim government’s plans to revamp the country’s tax authority, the Federal Board of Revenue (FBR). The decision came after the caretaker Finance Minister, Shamshad Akhtar, announced a restructuring strategy that is intended to be carried out by the future elected government. During a broadcasted speech, ... Read more
In Saudi Arabia on Tuesday, March 5, 2024, the cost for one tola of 24-karat gold is 2,926 Saudi…
The Pakistan Telecommunication Authority (PTA) has recognized that current Wi-Fi frequencies are often too busy, which can reduce the…
In the upcoming elections set for February 8, it’s not just the political debates that are making headlines but…
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