The Pakistan Stock Exchange (PSX) witnessed bullish momentum on Tuesday, with the benchmark KSE-100 Index rising 622.95 points to close at 115,532.43. The index touched an intraday high of 116,692.29 and a low of 115,560.90, reflecting steady investor interest throughout the session.Trading volume remained robust, with 338.9 million shares exchanged, and the market's total value reaching Rs27.2
Haball, a Pakistani fintech firm, raised $52 million to expand its shariah-compliant supply chain financing and payments services, the company said on Tuesday. The funding, led by Zayn VC and Meezan Bank, includes $5 million in equity and $47 million in strategic financing, and will support Haball's growth plans for Pakistan, the company said in a statement. The money will also help Haball's
The Ministry of Industries has proposed the introduction of super tax in the upcoming budget for fiscal year 2025-26 to bring Pakistan's corporate tax structure on a par with regional standards. Special Assistant to the Prime Minister on Industries and Production Haroon Akhtar Khan floated the proposal during a high-level meeting on budget proposals. He gave directives for revising budget pr
Pakistan and Denmark on Monday reaffirmed their commitment to boosting global trade competitiveness through a $2 billion partnership aimed at modernising Pakistan's maritime infrastructure, improving port operations, and promoting sustainable practices. The commitment was reiterated during a meeting between Federal Minister for Maritime Affairs Junaid Anwar Chaudhry and Danish Ambassador Jakob
Prime Minister Muhammad Shehbaz Sharif on Tuesday said it was essential to establish Pakistan as a reliable and effective economic corridor for transit trade in the region to ensure development of the national economy. The prime minister, in a meeting with Robert Maersk, Chairman of the Board of Directors of the global shipping company A P Moller – Maersk, welcomed the global shipping company's