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Category: Business

Stable Currency Exchange Rates Observed Over Two Days in Pakistan

Karachi: The Exchange Companies Association of Pakistan reported stable currency exchange rates over the course of two consecutive days, with minor fluctuations observed across major currencies including the USD, EURO, GBP, and others.

According to …

Pakistan Marks Historic Budget Surplus, First in Two Decades

Islamabad: Pakistan has recorded its first quarterly budget surplus in 20 years, with a total of PkR1.7 trillion during the first quarter of fiscal year 2025. This marks a significant financial milestone, contrasting sharply with a deficit of PkR980 b…

Wafi Energy Acquires Majority Stake in Shell Pakistan

Karachi: Wafi Energy Holding Limited has become the majority shareholder of Shell Pakistan Limited (SPL) after acquiring a 77.42% interest from The Shell Petroleum Company Limited, a subsidiary of Shell plc. This significant transaction raises Wafi En…