The Pakistani rupee registered gain against the US dollar, appreciating 0.06% during the opening minutes of trading in the inter-bank market on Tuesday. At 10am, the local currency was hovering at 279.83, a gain of Re0.18 against the greenback. On Monday, the local unit closed at 280.01. Internationally, the US dollar held to its losses on Tuesday after the Trump administration opened a c
Pak-Qatar General Takaful Limited (PQGTL), a Pak-Qatar Group company, is set to launch its initial public offering (IPO) next week to raise up to Rs420 million. According to a statement, the book-building process is scheduled for January 21–22, with investor registration opening on January 16. Under the current offering, PQGTL will issue 30 million shares, with a floor price of Rs10 per shar
Pakistan and Saudia Arabia agreed on strengthening bilateral cooperation in the mining and minerals sector, with an emphasis on exploring joint investment opportunities and enhancing collaboration across the entire mineral value chain. Federal Minister for Petroleum Ali Pervaiz Malik is currently in Riyadh leading Pakistani delegation at the Future Minerals Forum (FMF) 2026, hosted by the Minis
Pakistan and the United Arab Emirates (UAE) have agreed to introduce a pre-immigration clearance system that will allow Pakistani passengers to complete immigration formalities before departure, enabling them to bypass lengthy queues on arrival at UAE airports. The development came during a meeting between Director General Customs and Port Security Ahmed bin Lahij Al Falasi of UAE and Federal M
Stocks closed lower on Friday as late-session profit-taking erased early gains, pushing the benchmark KSE-100 index down by around 1,130 points to 184,410. Market participants initially maintained a positive stance during morning trade; however, selling pressure intensified in the latter half as investors chose to lock in gains ahead of the weekend, resulting in another negative close for CY26.