December 06, 2024 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
The foreign exchange reserves held by the State Bank of Pakistan (SBP) surged by $619.8 million or 5.43% WoW to $12.04 billion during the week. Read more
The Saudi Fund for Development (SFD) on behalf of the Kingdom of Saudi Arabia has extended the term for the deposit of $3 billion maturing on December 05, 2024. Read more
Pakistan to establish EV manufacturing plants in Pakistan with the help of EV industry of Czech Republic to strengthen bilateral ties, said Federal Minister. Read more
Pakistan stock market witnessed an undisputed rally today, extending gains from previous sessions with the benchmark KSE-100 Index surging by 3,225.46. Read more
Finance Minister Muhammad Aurangzeb has revealed shocking losses of Rs6 trillion over the past 10 years, with state-owned enterprises (SOEs) accounting for. Read more
Gold price in Pakistan increased on Thursday, with 24-karat gold being sold at Rs275,700 per tola, up Rs500. Read more
The Pakistani rupee (PKR) decreased by 2.17 paisa or 0.01% against the US dollar in Thursday’s interbank session to settle the trade at PKR 277.94 per USD. Read more
Pakistan’s gold reserves, which include gold deposits and swapped gold stood at $5.52 billion as of November 2024, down $172.95 million or 3%. Read more
Sui Southern Gas Company Limited (PSX: SSGC) reported a significant turnaround, posting a bumper profit of Rs4.16 billion [EPS: Rs4.72]. Read more
In response to a media claim stating that Dewan Farooque Motors Limited (DFML) has defaulted on over Rs1 billion in repayments, the company has clarified. Read more
Symmetry Group Limited (PSX: SYM) has been awarded a contract from Jubilee Life Insurance Company Limited to develop and enhance its online platform. Read more
PakWheels has announced its expansion into the United Arab Emirates under the brand name ArabWheels. Read more
Pakistan has proposed that Russia participate in oil and gas exploration on its shelf, as well as in oil refining, Deputy Energy Minister Roman. Read more
The State Bank of Pakistan (SBP) has room to cut the policy rate by 250 basis points considering the massive rise in real interest rate after recent. Read more
The exchange rates for the Saudi Riyal (SAR), UAE Dirham (AED), and Qatari Riyal (QAR) showed minor movements against the Pakistani rupee (PKR). Read more
The Competition Commission of Pakistan (CCP) hosted a media workshop on December 5 to commemorate. Read more
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, officially launched ESG Sustain, a centralized online sustainability portal developed. Read more
METRO AG Germany has significantly contributed to Pakistan’s economy by operating 10 stores across five cities while boosting exports through. Read more
The Asian Development Bank (ADB) and SAFCO Venture Holdings Limited (SAFCO) have signed a landmark $86.2 million financial package to finance. Read more
The government is actively working on solutions to mitigate high taxes and inflation issues and improve the economic landscape. Read more
After deliberation, the Cabinet Committee on State-Owned Enterprises (CCoSOEs) yesterday approved the reconstitution of the Boards of Directors. Read more
Eleven prominent Pakistani companies engaged extensively with 37 major Chinese enterprises at the fourth sector-specific B2B matchmaking event in Jiangsu. Read more
The Lahore High Court (LHC) has approved the merger of Fauji Fertilizer Bin Qasim Limited (PSX: FFBL). Read more
Bitcoin broke $100,000 for the first time Thursday as traders cheered Donald Trump’s decision to pick a crypto fan to head the US securities regulator. Read more
ARUJ Industries Limited (ARUJ), Siddiqsons Tin Plate Limited (STPL), and Saritow Spinning Mills Limited (SSML) have been. Read more
Hub Power Holdings Limited (HPHL), a wholly-owned subsidiary of The Hub Power Company Limited, has entered into a shareholders. Read more
Operations at the Pakistan International Bulk Terminal (PSX: PIBT) have continued unabated despite a fire incident on November 19, 2024. Read more
Copyright Mettis Link News
Posted on: 2024-12-06T06:18:39+05:00
