News

Pak-Qatar Group enters strategic MoU with SWICH

Pak-Qatar Group (PQG) announced the signing of a Memorandum of Understanding (MoU) with fintech provider SWICH, designating them as PQG’s official online payment gateway solution. This major initiative is part of PQG’s broader digital transformation strategy, designed to embed a unified, secure and scalable payments infrastructure right across its banking, takaful, investment and financial-serv

Leather & Footwear Sector: SMEDA, HCSTSI hold session on sales, marketing strategies

A one-day training and awareness session on “Sales & Marketing Strategies (Leather & Footwear Sector)” was jointly organised by the Small and Medium Enterprises Development Authority (SMEDA) and the Hyderabad Chamber of Small Traders & Small Industry (HCSTSI) at the Chamber Secretariat. The session drew participation from dozens of industrialists, traders, and young entrepreneurs belonging to Hyde

Gold slips as Fed rate caution boosts dollar, set for 3rd monthly rise

Gold prices fell on Friday, as the dollar firmed on uncertainty over further Federal Reserve rate cuts, although bullion was still on track for its third straight monthly gain. Spot gold was down 0.5% at $4,004 per ounce, as of 0240 GMT. Bullion has gained 3.9% so far this month. U.S. gold futures for December delivery were steady at $4,016.70 per ounce. “The Fed Chairman did have his haw

UBG slams decision to maintain policy rate

President of the United Business Group (UBG), Zubair Tufail, has criticised the State Bank of Pakistan’s decision to maintain the policy interest rate at 11 percent, terming it a major obstacle to the growth of domestic industry. He said the business community has been consistently urging the central bank to bring the interest rate down to a single digit, but the demand has been ignored. “The r

Oil heads for third monthly decline as strong dollar, ample supply weigh

Oil prices eased on Friday, heading for a third straight monthly decline, as a stronger dollar capped commodities gains while rising supply from major producers globally offset the impact of Western sanctions on Russian exports. Brent crude futures slipped 33 cents, or 0.51%, to $64.67 a barrel by 0027 GMT, while U.S. West Texas Intermediate crude was at $60.22 a barrel, down 35 cents, or 0.58%