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Pakistan and China Strengthen Ties with New Agreements on Development and Technology

Pakistan Seeks USD 3.5bn Loan from Saudi Arabia for Diamer-Bhasha Dam Project

Currency Exchange Rates Fluctuate in Pakistan

KSE100 Index Achieves 10k Points Milestone, Aims for 100k by Year-End

Pioneer Cement Reports Earnings Decline in 3QFY24 Amidst Lower Offtakes

Day: May 6, 2023

‫بهدف تحفيز الاستثمار الأجنبي ورفع جاذبية وكفاءة السوق المالية وتعزيز تنافسيتها محلياً ودولياً “هيئة السوق المالية” تعتمد القواعد المنظمة للاستثمار الأجنبي في الأوراق المالية

May 6, 2023

إعلان (رابط الإعلان) الثلاثاء 2 مايو 2023م  –  الرياض, المملكة العربية السعودية – اعتمدت هيئة السوق المالية القواعد المنظمة للاستثمار الأجنبي في الأوراق المالية، وتعليمات الحسابات الاستثمارية المعدّلة، وتعديل اللائحة التنفيذية لنظام الشركات الخاصة بشركات المساهمة المدرجة وقائمة المصطلحات المستخدمة في لوائح هيئة السوق المالية وقواعدها، ليعمل بها ابتداءً من تاريخ نشرها. وجاء اعتماد تلك […]

To instigate foreign investment, increase the attractiveness and efficiency of the capital market, and enhance regional and international market competitiveness: The Capital Market Authority Approves the Rules for Foreign Investment in Securities

May 6, 2023

Rules for Foreign Investment in Securities Announcement (Link) RIYADH, Kingdom of Saudi Arabia, May 05, 2023 (GLOBE NEWSWIRE) — The Capital Market Authority (“CMA”) approved the Rules for Foreign Investment in Securities (the “Rules”), Amendments to the Investment Accounts Instructions, Amendments to the Implementing Regulation of the Companies Law for Listed Joint Stock Companies and […]

Shell Pakistan Announces Financial Results for Q1 2023

May 6, 2023

Karachi, May 06, 2023 (PPI-OT):The Board of Directors of Shell Pakistan Limited (SPL) announced the first quarter results for the company on May 4, 2023. The company posted a loss after tax of PKR 4,762 million compared to the profit after tax of PKR 2…

Nigeria wants US$ 3 billion bilateral trade with Pakistan

May 6, 2023

Islamabad, May 06, 2023 (PPI-OT):Nigeria wants to increase bilateral trade with Pakistan to at least US$ 3 billion as both countries have the potential to achieve this target. This was said by Hadi Sirika, Minister for Aviation of Nigeria while address…

VIS Reaffirms Entity Ratings of Trust Modaraba

May 6, 2023

Karachi, May 06, 2023 (PPI-OT):VIS Credit Rating Company Ltd. (VIS) has reaffirmed entity ratings of Trust Modaraba (TM) at ‘BBB+/A-2’ (Triple B+/A-Two). Outlook on the assigned ratings is ‘Stable’. Long-term entity rating of BBB+ reflects adequate cre…

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