Tuesday, July 7, 2020

Zain Zubair

FAP deleg calls on FM, concerns over sudden raids

The delegation of exchange companies during a meeting with Finance minister Asad Umar raised their concerns over sudden raids by Federal Investigation Agencies (FIA) teams. Director General FIA Bashir Memon. A delegation of Forex Association of Pakistan (FAP) headed by...

If USA can talk for peace in Afghanistan then why not Kashmir: President AJ&K

KARACHI: President Azad Jammu & Kashmir Sardar Masood Khan on Thursday said that the world has realized importance of Pakistan. Addressing a seminar on foreign policy organised by Karachi Council on Foreign Relations, he said that world scenario had changed...

Pakistan’s equity market witnessed decline 8.4% to 3,405 Points in CY18

The benchmark KSE-100 index of Pakistan stock exchange portrayed a negative return of 8.4% (3,405 points) for the second consecutive year (first time after 1996) during CY18. Average monthly return during the year clocked in at -0.6% with Dec’18...

Pakistan reduces POL prices to Rs4.86 a litre

The government of Pakistan reduced the prices of petroleum products for the month of January 2019. The price of petrol has been reduced by Rs 4.86 per liters, announced on Monday. Notification issued stated that the price of petrol and...

Pakistan’s equity market fails to attract investor’s confidence on political scenario

The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) continued its bearish trend from last week and continued traded in the red this week. Announcement of USD 3bn deposit from the UAE last Friday failed to ignite confidence in...

FPCCI Elections 2019: Historic victory of UBG with clean margin

KARACHI: This year United Business Group (UBG) have won the elections of FPCCI again with historic margin and snatched the seats including President, Senior Vice President and the VPs on Friday. This was consecutive fifth year success of...

Pakistan’s foreign exchange reserves depletes by $567 million to $14.017.8 billion

KARACHI: The foreign exchange reserves of the country depleted by $567 million to $14.017.8 billion by week ended December 27 as compared with $14.584 billion in the preceding week, State Bank of Pakistan (SBP) said on Thursday. The...

Federal Cabinet appoints Farrukh H. Sabzwari as SECP Chairman

The federal cabinet has approved the appointment of SECP’s Commissioner Farrukh H. Sabzwari as Chairman of the Securities and Exchange Commission of Pakistan (SECP). Farrukh was appointed Commissioner at SECP on November 15, 2018. Farrukh would take charge of the...

Equity market sheds 86 points on investors’ dull interest

KARACHI: KSE-100 index of Pakistan Stock Exchange (PSX) shed 86 points on Wednesday due to investor's dull interest. The benchmark KSE-100 index closed at 38,223 points as against 38,309 points showing a decline of 86 points. Analysts at Arif Habib...

About Me

Zain Zubair is a staff writer for World News Observer. He is studying ACCA in Pakistan. Besides Accountancy and writing pieces, he loves cooking and nature photography. Zain has attended various modern journalism workshops. Contact: [email protected]
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PIA flight from Toronto to Islamabad will operate on 5 July 2020

PIA flight from Toronto to Islamabad will operate on 5 July 2020. Another PIA flight will operate from Toronto...

Sacrificing role models of media

Remember Anil Datta, a gem of a reporter and guru of a sub-editor with the exemplary national spirit, foregoing job offers from the foreign...

Banks performance under SBP Rozgar Refinance Scheme supported by Government of Pakistan’s Risk Sharing Facility

On April 10, 2020 State Bank of Pakistan introduced a refinance scheme to provide concessional credit at 3% interest rate and generous repayment terms...

SBP calls meeting of Bank Presidents, top builders on Naya Pakistan Housing Program

Governor State Bank of Pakistan (SBP) Dr. Reza Baqir called a meeting of Banks on Wednesday for deliberations on the measures proposed by Naya...

China: The Indian army has breached its obligations and launched provocative attacks, causing casualties

Zhang said - in a statement this evening about the clashes between the Chinese and Indian border forces in the Galvan Valley region -...