HBL, Pakistan’s premier financial services group, today launched its Impact & Sustainability Report 2024, highlighting the Group’s continued commitment to building an inclusive, resilient, and sustainable future for Pakistan. Guided by its majority shareholder, the Aga Khan Fund for Economic Development (AKFED), and a strong governance framework, HBL remains focused on delivering environmentall
Pakistan and Uzbekistan have agreed to extend their Preferential Trade Agreement (PTA), marking a major step forward in strengthening bilateral trade, investment and economic cooperation, with both sides setting an ambitious target of boosting two-way trade to USD2 billion within the next two years. The agreement to expand the PTA was reached following high-level engagements facilitated by the
Financial experts are optimistic about the future role of crypto exchanges in Pakistan as catalysts for attracting investment, reversing the flight of capital and contributing to the economy through tax revenues. The experts believe that the interest shown by major virtual currency trading platforms in Pakistan is a positive sign for restoring the confidence of foreign investors and attracting
The general public will be able to subscribe to the initial public offering (IPO) of Pak Qatar Takaful Limited (PQFTL) starting December 17, following a strong response from institutional investors during the book-building phase. A total of 12.5 million shares, representing 25 percent of the total IPO size, will be available to retail investors at a strike price of Rs18.02 per share. The sub
Oil prices climbed sharply on Wednesday after US President Donald Trump ordered “a total and complete” blockade of all sanctioned oil tankers entering and leaving Venezuela, raising fresh geopolitical tensions at a time of concerns over demand. Brent crude futures were up 53 cents, or 0.9% at $59.46 a barrel at 0105 GMT, while US West Texas Intermediate crude rose 55 cents, up 1%, to $55.82 a b