Business Desk

Business Desk

The Business Desk tracks economic trends, market movements, and business developments, offering analysis of both local and global financial news.

Faysal Bank joins MSCI Frontier Markets Index
Markets

Faysal Bank joins MSCI Frontier Markets Index

Index review also adds Indus Dyeing and Jubilee General Insurance to small-cap lineup as Pakistan’s market weight rises to 6-6.5%

Pakistan shares details of trade deal with US in parliament
Top Stories

Pakistan shares details of trade deal with US in parliament

The US has expressed strong interest in investing in Pakistan’s mineral sector, especially in critical raw materials

Pakistan Petroleum reports ransomware attack, core operations unaffected
Markets

Pakistan Petroleum reports ransomware attack, core operations unaffected

Incident linked to 'Blue Locker' group was swiftly contained, with no evidence of compromise to critical systems or sensitive data, company says

Pakistan stocks extend record-breaking rally on strong corporate earnings, institutional buying
Markets

Pakistan stocks extend record-breaking rally on strong corporate earnings, institutional buying

“The market is responding to strong corporate results and expectations of monetary easing,” says analyst

Bank of England cuts interest rate to 4% in split decision
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Bank of England cuts interest rate to 4% in split decision

MPC resumes "gradual and careful" easing despite sticky inflation, with 5-4 vote revealing divided outlook on

Pakhtun Wardrobe receives funds committed during Shark Tank Pakistan after due diligence completed
Business

Pakhtun Wardrobe receives funds committed during Shark Tank Pakistan after due diligence completed

The Swat-based sustainable fashion startup receives funding from Junaid Iqbal and Allied Services CEO Shezad Mumtaz, with plans to expand to the Middle East

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