Karachi Matters Editor
- Pakistan
- November 5, 2024
- 12 views
Prime Minister Announces Upcoming Energy Relief Package Amid Winter Preparations
Prime Minister Shehbaz Sharif has announced upcoming positive developments in the energy sector, which will be shared soon. Addressing the federal cabinet, he stated that a winter relief package is…
- Pakistan
- November 4, 2024
- 14 views
National Assembly Approves Extension of Service Chiefs’ Tenure to Five Years
The National Assembly has approved legislation extending the tenure of the chiefs of the three armed services from three to five years and increasing the number of Supreme Court judges…
- Pakistan
- November 4, 2024
- 9 views
State Bank Slashes Interest Rate by 2.5%, Now at 15%
The State Bank has announced a 2.5% reduction in the policy interest rate, now set at 15%. In its latest monetary policy statement, the central bank confirmed the rate cut.…
- Pakistan
- November 4, 2024
- 12 views
Pakistan Stock Exchange Achieves Unprecedented Surge as 100 Index Surpasses 92,000 Mark
The Pakistan Stock Exchange continues to experience an unprecedented surge. The Hundred Index has surpassed the 92,000 mark, establishing a new historical milestone. With a remarkable increase of 1,202 points,…
- Pakistan
- November 4, 2024
- 12 views
Jamaat-e-Islami Challenges 26th Constitutional Amendment in the Supreme Court, Calls for Judicial Review
Jamaat-e-Islami has formally challenged the 26th Constitutional Amendment in the Supreme Court, requesting its declaration as null and void. The Amir of Jamaat-e-Islami, Hafiz Naeem ur Rehman, has submitted a…
- Pakistan
- November 2, 2024
- 18 views
Pakistan’s Exports Experience 13% Growth, Reaching $10.8 Billion in Fiscal Year-to-Date
In a positive development, Pakistan’s exports have risen by 13.45% year-on-year during the first four months of the current fiscal year, totaling $10.88 billion. As reported by Dawn, this increase…
- Pakistan
- November 1, 2024
- 40 views
Saudi Fast-Food Giant Albaik to Open Operations in Pakistan, Bolstering Economic Ties
Federal Minister Attaullah Tarar announced Qatar’s commitment to invest $3 billion in Pakistan, highlighting the positive impact this will have on supporting the national economy. Saudi Arabia has also expanded…
- Pakistan
- November 1, 2024
- 31 views
Record Petroleum Levy Collection of 261.69 Billion Rupees in Q1 Weighs on Citizens
Citizens bear the burden of petroleum levy as record collection reaches 261.69 billion rupees from July to September For the first time in Pakistan’s history, record petroleum levy collections have…
- Pakistan
- November 1, 2024
- 24 views
Against 85 Billion Expected Minimum, 10 Billion Bid Received for PIA Sale
A single bid has been submitted for PIA’s privatization, with a private company offering 10 billion rupees for acquisition. The bidding process for the sale of 60% of PIA’s shares…
- Pakistan
- October 29, 2024
- 27 views
Hafiz Naeem-ur-Rehman Calls for Cessation of Capacity Payments to Fauji Foundation’s IPPs
Ameer of Jamaat-e-Islami Pakistan, Hafiz Naeem ur Rehman, has called for the cessation of capacity payments to the five Independent Power Producers (IPPs) operated by the Fauji Foundation. He emphasized…
