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German ambassador visits SCCI, interacts with business community

SIALKOT, Jan 08 (APP):Ambassador of the Federal Republic of Germany to Pakistan Ina Lepel accompanied by First Secretary (Economic Development) Miriam Buedenbender-Buchholz visited the Sialkot Chamber of Commerce and Industry (SCCI) and held an interactive session with the business community of Sialkot. The distinguished guests were received by Senior Vice President (SVP) SCCI Muhammad Murad […]

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FCCP adjourns hearing of super tax case for Jan 12

ISLAMABAD, Jan 09 (APP):The Federal Constitutional Court of Pakistan on Friday adjourned the hearing of a set of petitions related to the super tax after the counsel for the taxpayer companies concluded his arguments. The case will now be taken up again on Monday, January 12. During the proceedings, a key point that emerged was […]

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Rupee gains 03 paisa against US Dollar

ISLAMABAD, Jan 9 (APP):The Rupee on Friday appreciated by 03 paisa against the US Dollar in interbank trading and closed at Rs 280.02 compared to the previous day’s closing at Rs 280.05. According to the Forex Association of Pakistan (FAP), the buying and selling rates of the Dollar in the open market were recorded at […]

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Pakistan’s Islamic finance sector gains momentum, CDNS nears annual target midway through FY 2025-26

ISLAMABAD, Jan 9 (APP):The Central Directorate of National Savings (CDNS) has recorded a significant milestone in promoting Shariah-compliant investments, achieving Rs 23.4 billion in Islamic finance inflows from July 1, 2025, to January 8, 2026. This figure brings the directorate close to its annual target of Rs 25 billion for the current fiscal year 2025-26, […]

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Shipping Activity at Port Qasim

KARACHI, Jan 09 (APP):Five ships, MSC Tia-V, Semiha Ahmet-M, Propel Shakti, Kathrine Kosan and Nikolas-A scheduled to load/offload Container, Rice, Soya Bean Seed, Chemicals and Coal, berthed at Qasim International Container Terminal, Marginal Wharf-2, Grain Terminal, Engro Vopak Terminal and Pakistan International Bulk Terminal respectively Thursday,Meanwhile four more ships, MSC Julie, Ren Ma Zuo,MBA Future […]

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Monetary market receives Rs 1.6 trillion from SBP to maintain liquidity

KARACHI, Jan 09 (APP):The State Bank of Pakistan (SBP), on Friday, injected Rs 1,590.1 billion through Reverse Repo Purchase and Shariah Compliant Mudarabah based Open Market Operations (OMO) to maintain liquidity in the market. The central bank conducted the Open Market Operation, Reverse Repo Purchase (Injection) for 7 and 14-day tenors on January 09, 2026, […]