KARACHI: Remittances from overseas Pakistanis rose 13 per cent to $3.6 billion in July, delivering a solid start to the new fiscal year for the country’s external account. The most notable feature of the data is where the money came from. Inflows from the Middle East remained robust despite the ongoing conflict in the region...
KARACHI: The Pakistan Stock Exchange opened the second session of the week firmly in negative territory, with heavy selling dragging the benchmark index sharply lower. The KSE-100 index fell by more than 1,000 points from the opening bell, sliding to the 180,076-point level as investors moved out of positions across the board. The drop follows...
KARACHI: Leading foreign investors continue to demonstrate strong confidence in Pakistan’s economic potential, with OICCI member companies alone investing over USD 23 billion in the country over the past decade, surpassing Pakistan’s cumulative net foreign direct investment (FDI) inflows of USD 21 billion during the same period. The findings, released in OICCI’s Members’ Contribution to the...
LAHORE: There is still no breakthrough. All Pakistan Goods Transport Ittehad President Malik Shahzad Awan said the deadlock with the federal and Sindh governments remains firmly in place despite negotiations, with no conclusive progress on the transporters’ demands. Awan said talks with the government had failed and that the decision has been taken to continue...
LAHORE: Lahore’s real estate market has undergone a noticeable transformation in recent years as changing lifestyles and urban expansion continue to shape housing preferences. While traditional independent houses once dominated the city’s residential landscape, modern apartment developments are increasingly becoming a preferred choice for urban residents seeking convenience, security, and contemporary living spaces. This growing...
LAHORE: Alif Holdings, a growing name in Lahore’s premium real estate landscape, has officially announced the upcoming launch of its 20th project titled “20 Canal Residence,” a signature high-rise development set to redefine luxury apartment living in the city. Strategically located on Main Canal Bank Road, Lahore, 20 Canal Residence is a 4.5 Kanal, Ground...
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