The World Bank is expected to provide over $2 billion annually to Pakistan for five years under its next Country Partnership Strategy (CPS), which will likely be finalised by December. This was indicated to journalists on Tuesday by a World Bank team led by Country Director Najy Benhassine that also confirmed that two years after the devastating floods in 2022, only 104 bank accounts have been
The Chinese nationals who lost their lives in a terrorist attack near the Karachi airport on Sunday night were in talks with senior government ministers regarding the renegotiation of terms for Independent Power Producers (IPPs), a top government minister revealed on Tuesday. The remarks from Finance Minister Muhammad Aurangzeb came as Prime Minister Shehbaz Sharif vowed to make all-out efforts
Bulls continued their stampede on the trade floor as shares at the Pakistan Stock Exchange (PSX) breached a new record of 85,000 in intraday trade on Monday. The benchmark KSE-100 index climbed 712.77 points, or 0.85 per cent, to stand at 84,244.72 from the previous close of 83,531.95 points at 12:21pm. Finally, the index closed 84,910.29 points, up by 1378.34 points or 1.65pc, from the previou
Bulls continued their stampede on the trade floor as shares at the Pakistan Stock Exchange (PSX) breached a new record of 85,000 in intraday trade on Monday. The benchmark KSE-100 index climbed 712.77 points, or 0.85 per cent, to stand at 84,244.72 from the previous close of 83,531.95 points at 12:21pm. Finally, the index closed 84,910.29 points, up by 1378.34 points or 1.65pc, from the previou
In the world of startups, attention spans are usually short-lived, just like the apps they build out. One day, you’d be a star, getting media attention left right and centre, speaking at conferences and being named in the Forbes 30 under 30. The following month, you could be facing legal proceedings on charges of fraud. Yet, one company has managed to keep everyone hooked for close to two years