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Tag: investment

PSX
Business
  • Web Desk
  • Jan 29, 2024
Stocks market opens trading week in red

The mixed performance of the index can be attributed to several factors including geopolitical tensions simmering once again with gunmen killing Pakistani labourers in Iran, and expectations of a fuel price hike.

new healthcare projects approved in Punjab 2024
Business
  • Web Desk
  • Jan 26, 2024
Rs7.646 billion approved for vital healthcare projects in Punjab

Three development schemes within the specialised healthcare and medical education (SHC&ME) sector were approved for Punjab.

job opportunities
Business
  • Web Desk
  • Jan 24, 2024
Caretaker CM formally inaugurates Bannu Economic Zone

Bannu Economic Zone is poised to accommodate 265 industries, spanning an expansive area of 415 acres. This strategic endeavour is anticipated to attract an impressive investment of approximately Rs 10 billion.

CDA new street lights in Islamabad
Business
  • Web Desk
  • Jan 12, 2024
CDA’s auction: Rs7.96 billion bids accepted for commercial plots in Islamabad

The Capital Development Authority (CDA) achieved a significant milestone on the inaugural day of its three-day auction, securing the highest offers of Rs7.96 billion for four prime commercial plots this Wednesday.

Bitcoin near record high
Business
  • Web Desk
  • Jan 11, 2024
US Securities regulator gives nod to historic Bitcoin ETF launch

The US SEC has granted approval to the first US-listed exchange-traded funds (ETFs) designed to track Bitcoin.

Mobile production in Pakistan
Latest
  • Web Desk
  • Jan 11, 2024
Pakistan’s mobile manufacturing policy attracts $200 million investment

Pakistan’s Mobile Device Manufacturing Policy has taken concrete shape, attracting a whopping investment of $200 million.

Pakistan Stock Exchange
Business
  • Web Desk
  • Jan 08, 2024
Stock market opens trading week on a positive note

On Monday (today), the benchmark KSE-100 index opened at 64,514.89 points and grew to 65,069.43 points by 11 AM. Afterwards, the index deteriorated marginally and by noon, it was seen hovering at 64,846.24 points with 331 points gains.

Karachi water supply problems to be addressed
Pakistan
  • Web Desk
  • Dec 24, 2023
Rs16.8 billion approved to address water-related issues in Karachi

Sindh’s caretaker Chief Minister (CM), Justice (retd) Maqbool Baqar, has greenlit a substantial investment of Rs16.8 billion for development initiatives in Karachi.

gold price in Pakistan
Business
  • Web Desk
  • Dec 11, 2023
24-karat gold price drops by Rs200 in Pakistan

Gold price in Pakistan experienced a marginal dip, with the value of 24-karat gold edging down by Rs200 per tola to reach Rs215,400.

Stock market closes in green
Business
  • Web Desk
  • Dec 08, 2023
PSX hits new record high, surges 2.33% to reach 66,223.63

The Pakistan Stock Exchange (PSX) continued its upward trajectory, marking a new milestone as the benchmark KSE-100 index surged on Friday.

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