Gold prices in Pakistan increased on Monday in line with their gain in the international market. In the local market, gold price per tola reached Rs435,762 after a gain of Rs5,900 during the day. Similarly, 10-gram gold was sold at Rs373,595 after it registered an increase of Rs5,065, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Monday, gol
The Pakistan Stock Exchange (PSX) kicked off the week on a strong note, with the benchmark KSE-100 Index gaining over 1,000 points during the opening hours of trading on Monday, amid improved market sentiment following stable macroeconomic indicators. At 10:40am, the benchmark index was hovering at 160,632.77, up 1,039.87 points, or 0.65%. Buying interest was observed in key sectors includin
Pakistan's stock market has been a study in contrasts this year: pockets of bullish enthusiasm punctuated by sharp swings that leave investors – and policymakers – uneasy. The benchmark KSE-100 index, which began 2025 on a recovery path after a turbulent 2024, has repeatedly tested new highs and then surrendered large chunks of gains within days, illustrating how sensitive the Pakistan Stock Excha
Pakistan ranked 136 out of 167 in the Legatum Prosperity Index 2023. In the Index, Pakistan ranked 96 in Investment Environment and 102 in Enterprise Conditions, indicating that investors face barriers to starting and scaling industries. Legatum places Pakistan at 129 on Economic Quality, reflecting low industrial productivity and limited export diversification - evidence that our manufacturing
From oil and remittances to fintech and green sukuk, Muslim economies have evolved into a diversified global ecosystem. When we talk about the "Ummah economy," we refer not to one country or bloc but to a vast collective - the economic life of Muslim-majority nations and the global ecosystem built around Islamic finance, halal trade, sukuk markets, remittances, and diaspora capital flows. It is