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Power Cement to Install 9.6 MW Wind Power Project to Reduce Reliance on Fossil Fuel

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Pakistan Household Inflation Drop For the Fourth Straight Week

Business

Searle Reported Loss For the Second Straight Quarter As Sales Fall

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Vitol Cashes in as UK Consumers Pay Record Price for Cold Snap

December 13, 2022

London December 13 2022: British consumers are paying one of the world’s most profitable trading houses a record price to...

UAE Gross banks’ Assets Up 1.7% To AED 3,583.0 Billion at September 2022

Dubai December 12 2022: The Central Bank announced that the Money Supply aggregate M1 increased by 0.5%, from AED 719.4...

Dubai Electricity and Water Authority PJSC Shareholders Approve One-time Payment In Special Dividend

Dubai December 12 2022: Dubai Electricity and Water Authority PJSC (ISIN: AED001801011) (Symbol: DEWA), which is listed on the Dubai...

Dubai Approves Phase II of Dubai 2040 Urban Master Plan

Dubai December 12 2022: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai,...

PIF Acquires Up To 9.5% Stake in A Leading Global Offshore Wind Energy Developer and Operator

Riyadh December 12 2022: The Public Investment Fund (“PIF”) announced today the acquisition of up to 9.5% of Skyborn Renewables...

Pakistan Assets Hit as Government Weighs Action Against Khan: Bloomberg

SBP Relax Additional Common Equity Requirement For Systematically Important Banks

Karachi December 12 2022: In view of developments over the last few years on international as well as domestic front,...

Government Relaunched PM Youth Business and Agriculture Loan Scheme At Lower Rates And Increased Limits

Islamabad December 12 2022: Government of Pakistan has approved revisions in the key features of PMKJ-YES with a view to...

Pakistan Witness 10% Increase In Companies Registration

Islamabad December 12 2022: The Securities and Exchange Commission of Pakistan (SECP) registered 2,380 new companies in November, 2022, indicating...

PSX Goes Live With ‘Public PRIDE’ For Upcoming IPOs

Karachi December 12 2022: After implementing the PRIDE system, which automated the listing process for debt and equity issues, Pakistan...

Global Debt Well Above Pre-pandemic Levels Despite Steep 2021 Drop Says IMF