A moneychanger counts $100 banknotes at an exchange company. — Reuters/FileRepayments include 6% interest on UAE deposits.Saudi Arabia extends $3bn deposit maturity support.External financing gap likely to widen after repayments.The State Bank of Pakistan said on Friday it had…
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PSX climbs on strong results, improved economic outlook
Broker is busy in trading at Pakistan Stock Exchange in Karachi on Wednesday, January 1, 2025. — PPI
Stocks moved within a tight band on Friday as mutual fund activity, robust earnings, and optimism over economic prospects kept the equity market steady.
The Pakistan Stock…
Infralectric rolls out Pakistan’s first Green Sukuk as AI ESaaS goes live
This image shows mobile phone connection towers. — AFP/File
Infralectric, a Brillanz Group company, has launched Pakistan’s first Green Sukuk for the telecom sector and completed a 25MWh AI-powered Energy-Storage-as-a-Service deployment, it announced on Thursday.
The…
US Fed holds rates steady in split decision, cites Iran tensions fuelling energy inflation
US Federal Reserve Chair Jerome Powell speaks at his final press conference at the Federal Reserve, April 29, 2026. — Reuters
Fed leaves benchmark interest rate in 3.50%-3.75% range.Iran war clouds economic, monetary policy outlook.Senate panel proposes Powell’s…