The government has decided to ban the import of luxury commodities, including cars, in order to stabilize the economy, according to Maryam Aurangzeb, leader of the Pakistan Muslim League Nawaz...

National Bank of Pakistan (NBP) has closed three international branches in Bangladesh (Sylhet), Afghanistan (Jalalabad), and Uzbekistan (Tashkent) in recent months. The bank's management is closing international branches as part...

Systems Limited (PSX SYM: SYS), a leading information technology company in Pakistan with a global presence, has signed a definitive agreement to purchase 100% of National Data Consultant (Pvt.) Limited...

Pakistan Kuwait Investment Company (Private) Limited (PKIC), Pakistan's leading development finance institution, has signed a $750 million strategic alliance agreement with Enertech Holding Company KSC (Enertech), a subsidiary of Kuwait...

After more than five years as chairman of the Water and Power Development Authority (Wapda), Lt. Gen. (ret.) Muzammil Hussain has resigned. The then-prime minister Nawaz Sharif named the Wapda...