Islamabad, The recently passed Finance Act 2024 introduces targeted tax adjustments and sector-specific fiscal measures, following Parliament’s approval and subsequent presidential endorsement. The legislation aims to foster equitable economic growth a…
Lahore, VIS Credit Rating Company Limited has maintained the entity ratings of Al Baraka Bank (Pakistan) Limited at ‘A+/A-1’. The long-term and short-term ratings reflect a solid credit quality with good protection factors and a high certainty of timel…
Islamabad, The Central Development Working Party (CDWP) has given the green light to 17 development projects with a total investment of PKR 33 billion and forwarded recommendations for nine additional projects, amounting to PKR 867 billion, to the Exec…
Islamabad, The Federal Board of Revenue (FBR) has announced extended office hours nationwide from June 28 to June 30 to meet its annual tax target for the fiscal year 2023-24. This adjustment is part of a broader effort to ensure the timely collection …
REGULATED INFORMATION Information on the total number of voting rights and shares Mont-Saint-Guibert (Belgium), June 28, 2024, 10:30 pm CET / 4:30 pm ET – In accordance with article 15 of the Law of 2 May 2007 on the disclosure of large shareholdings, Nyxoah SA (Euronext Brussels and Nasdaq: NYXH) publishes the below information following the issue of new shares. Share capital: […]
Karachi, The foreign exchange rates in Pakistan saw minor changes over the span of two days, as per data released by the Exchange Companies Association of Pakistan. The rates for major currencies like the USD, EURO, and GBP experienced slight adjustmen…
Islamabad, The Defence Housing Authority Islamabad-Rawalpindi (DHAI-R) has launched a limited offering of commercial and residential plots across multiple sectors. Interested buyers have the option of making lump sum payments or availing of a 1.5-year …
Karachi, The stock market in Pakistan experienced a downturn this past week, with the index dropping by 365 points, or 0.46%, influenced by a weak performance in the banking sector. This was mainly due to the continuation of the ADR-based tax, as per A…
Quetta, The Balochistan government has unveiled a PKR 930 billion budget for the 2024-25 fiscal year. The budget focuses on developmental and non-developmental expenditures, with significant funding earmarked for sectors such as education, health, agri…
Islamabad, Easypaisa, a leading digital financial service provider in Pakistan, has introduced “easycash,” a new digital loan service that offers instant access to loans up to PKR 15,000 without any documentation. The service aims to provide hassle-fre…