View of the World Bank building. – Reuters/File The World Bank report expects the GDP growth rate to reach 2.8% in Pakistan. Business confidence is likely to improve after the credit rating upgrade. Pakistan’s lack of trade openness is hurting exports, the report says. ISLAMABAD: In its report titled “Pakistan’s Development Modernization: Dynamics of Power … Read more
Saudi Investment Minister Khalid bin Abdulaziz Al-Falih addresses the Pakistan-Saudi Business Forum in Islamabad, on October 10, 2024. — Screengrab/GeoNews We must strengthen Pakistan’s economy: Investment Minister. A Saudi minister praises Islamabad for achieving economic stability. Dignity emphasizes shared economic and social values. Saudi Investment Minister Khalid bin Abdulaziz Al-Falih said on Thursday that relations … Read more
Pakistan Securities and Exchange Commission and PSX join forces for Financial Literacy Week: Empowering Future Investors in Pakistan Akef highlights the role of financial culture in economic growth Munther Naqvi KARACHI: Akif Saeed, Chairman, Securities and Exchange Commission of Pakistan (SECP), highlighted the crucial role played by the Pakistan Stock Exchange (PSX) in promoting financial … Read more
A broker takes a picture of the trading screen at the Pakistan Stock Exchange. – Reuters/File After a day of flat close, stocks jumped on Thursday, testing the 83,000 resistance level as easing inflation pressures and hopes of further interest rate cuts, coupled with improving economic indicators, prompted investors to snap up high-yielding stocks. … Read more