The Pakistani rupee strengthened against the US dollar, appreciating 0.09% during the opening minutes of trading in the inter-bank market on Monday. At 10am, the local currency was hovering at 280.00, a gain of Re0.25 against the greenback. During the previous week, the Pakistani rupee posted a marginal gain, appreciating by Re0.06 or 0.02% against the US dollar in the interbank market. T
Fatima Fertilizer Company Limited, one of Pakistan’s leading fertiliser manufacturers, announced on Monday that Globacore Minerals Limited, in which it holds a 32% equity stake, has entered into a joint venture agreement with Mari Minerals (Private) Limited, a wholly owned subsidiary of Mari Energies Limited. This was disclosed by the company in a notice to the Pakistan Stock Exchange (PSX) tod
As part of the frame agreement announced in August 2025, Reko Diq Mining Company has awarded Metso, a Finnish technology company, with the remaining major contracts to supply advanced Metso Plus beneficiation and dewatering equipment for Reko Diq Mining Company’s copper-gold project in Pakistan. “The total value of these now signed contracts is approximately €70 million. €40 million was recorde
The Pakistan Telecommunication Authority (PTA) has revised its regulatory framework for Internet of Things (IoT) and Short Range Devices (SRD), aiming to accelerate the development of a nationwide IoT ecosystem through both licensed and shared frequency bands. The updated framework provides detailed guidelines for IoT service provisioning, with a strong focus on the use of shared and unlicens
The Pakistan Stock Exchange (PSX) extended its record-breaking rally on Thursday as the KSE-100 index closed at a fresh all-time high and approached the 172,000 mark. Buying momentum was driven by improved investor confidence following better-than-expected November current account data and reduction in Pakistan Investment Bond (PIB) yields. Key stocks including Engro Holdings, Fauji Fertiliser