Business
Gold rates up by Rs.300 to Rs257,700 per tola
Islamabad, August 16, 2024: The per tola price of 24 karat gold witnessed an increase of Rs.300 on Friday and was traded at Rs 257,700 against it sale at Rs 257,400 on the last trading day in the local market. The price of 10 grams of 24 karat also increased by Rs256 to Rs.220,936 from…
SBP injects over Rs900 billion into market
Karachi, August 17, 2024: The State Bank of Pakistan (SBP) injected Rs901.6 billion in the market on Friday through reverse repo purchase and Shariah Compliant Mudarabah based Open Market Operation (OMO). According to OMO results issued here, the SBP conducted Open Market Operation, Reverse Repo Purchase (Injection) on August 16, 2024 for 7-day and 28-day…
Rupee gains 16 paisa against dollar
Islamabad, August 16, 2024: Pakistani rupee on Friday appreciated by 16 paisa against the US dollar in the interbank trading and closed at Rs 278.54 against the previous day’s closing of Rs 278.70. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood…
Saudia group concludes successful Hajj season
Karachi, August 16,2024: Saudia Group has announced its remarkable contributions to the success of Hajj Season 1445H through its integrated ecosystem that includes aviation, cargo, logistics, catering, ground services, and maintenance. Saudia transported over 1 million pilgrims on more than 5 thousand flights spanning four continents and more than 100 destinations, accumulating 20 thousand flight…
EFP, FUE sign agreement under commerce Minister’s leadership
Karachi: Federal Commerce Minister, Jam Kamal Khan, expressed the hope that employer organizations must work in harmony to promote business relations and invest in other countries. The initiative taken by EFP and FUE will surely be a harbinger of more collaboration, cooperation, and camaraderie between two important organizations. His Ministry has accorded high priority to…