Pakistan Trade Deficit Widens 15% to $10.8 Billion in First Quarter
Pakistan’s trade deficit widened significantly during the first quarter of fiscal year 2026-27, with the gap between imports and exports increasing by 15 percent compared with…
THE CITY MAGAZINE ARCHIVE
Business News
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Gold Prices Fall Below Rs. 4.4 Lakh as International Rates Decline
Gold prices in Pakistan recorded a sharp decline on Monday, with the price of 24-karat gold falling below the Rs. 4.4 lakh mark per tola following…
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SE Fruits and Vegetable Secures SECP Approval for Rs. 1.92 Billion IPO
SE Fruits and Vegetable Limited has secured approval from the Securities and Exchange Commission of Pakistan (SECP) to issue and publish the prospectus for its upcoming…
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Gold Prices Fall Rs. 6,000 in Pakistan Over Two Days
Gold prices in Pakistan continued their downward movement on Monday, extending a decline that has wiped around Rs. 6,000 from the price of a tola over…
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Nishat Mills to Exit Dairy Business Through Sale of Stake to Turkish Partner
Nishat Mills Limited (PSX: NML) has approved a proposed move to exit the dairy business by selling its entire 49.10 percent stake in Nishat Sutas Dairy…
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Gold Prices in Pakistan Surge by Rs. 21,000 in Just Two Days Amid Global Rally
Gold prices in Pakistan continued their strong upward momentum on Thursday, with the precious metal recording another significant increase following a sharp rise in international bullion…
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Gold Prices Drop by Nearly Rs. 6,000 Per Tola in Pakistan as Global Rates Decline
Gold prices in Pakistan continued their downward trend for the second consecutive day on Tuesday, with the domestic market witnessing a sharp decline of nearly Rs.…
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Gold Price Falls Below Rs. 430,000 Per Tola in Pakistan Amid Global Market Decline
Gold prices declined in Pakistan on Monday, pushing the rate below the Rs. 430,000 mark per tola as international bullion markets also opened the week on…
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Pakistan Celebrates FY2026 as Record Year for Sukuk Issuance and Debt Market Growth
The Government of Pakistan and the Pakistan Stock Exchange (PSX) have described FY2026 as a landmark year for the country’s debt market, highlighting record Sukuk issuance,…
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CCP Clears Treet Corporation’s Move to Increase Stake in Loads Limited
The Competition Commission of Pakistan (CCP) has approved Treet Corporation Limited’s proposal to increase its shareholding in Loads Limited through a rights issue, concluding that the…