Tag Archives: Finance

Lakki Marwat Oil and Gas Field Project: Boosting Energy Production in Pakistan

Introduction: Pakistan’s hydrocarbon sector achieved a significant milestone with the completion of the Lakki Marwat Oil and Gas Field project. Led by the Oil and Gas Development Company Limited (OGDCL), the project aims to enhance energy production and contribute to the country’s economic growth. With the capacity to produce 1,000 barrels of oil per day and provide 1.3 million cubic …

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Islamic Banking: A Journey of Rewards and Financial Inclusion

Introduction: The rise of Islamic banking in Pakistan has been both a righteous journey and a profitable one. As the share of Shariah-compliant assets and deposits continues to increase, Islamic banking has become the preferred mode of transaction for many customers. With a focus on excluding Riba (interest) from financial practices, Islamic banking offers a unique approach that brings significant …

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Analyzing the Rupee's Struggles Despite Supportive Developments

Introduction: The Pakistani rupee continues to face challenges in the currency markets, despite several positive developments in recent days. While the currency saw a partial recovery in the open market, it failed to strengthen in the interbank market, highlighting the need for long-term measures to stabilize its value. Financial experts are urging the government to focus on resuming the International …

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Government Set to Hand Over Seaports to UAE

Introduction: In a significant development, the government of Pakistan has taken steps to hand over its Karachi port terminals to the United Arab Emirates (UAE). The government anticipates that this move, which aims to raise emergency funds, will be the first intergovernmental transaction under a law enacted last year. The negotiations have gained momentum, and the government expects to finalize …

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Safeguard Your Investments with Altman Z Score: A Powerful Tool for Financial Stability

Introduction: In the fast-paced and unpredictable world of finance, investors are constantly seeking reliable tools to make informed decisions and safeguard their investments. One such tool that has gained significant recognition is the Altman Z Score. Developed by renowned financial expert Edward I. Altman, this innovative scoring system has revolutionized the way investors assess the financial health and stability of …

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Pakistan Stock Exchange Faces Selling Pressure Amid IMF Bailout Concerns

Introduction: The Pakistan Stock Exchange (PSX) experienced a tumultuous afternoon session on Monday as the benchmark KSE-100 index faced significant selling pressure. Investors were gripped by concerns over the country’s pending bailout program with the International Monetary Fund (IMF). The benchmark index plummeted by 680.08 points, translating to a decline of 1.65%, closing at 40,621.22. This steep drop reflects the …

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Here's Why Forex Trading Might Make You Poor Very Soon

Introduction: Forex trading, also known as foreign exchange trading, has gained popularity as a means to potentially generate significant profits. While there are success stories in forex trading, it’s crucial to approach this market with caution and be aware of the risks involved. In this blog post, we will explore some reasons why forex trading might lead to financial losses, …

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Here are 7 Best Ways to Start Investing in Pakistan

Introduction: Investing is a crucial step towards building wealth and achieving financial stability. Pakistan, with its growing economy and investment opportunities, offers a promising landscape for individuals looking to start their investment journey. In this blog post, we will discuss seven of the best ways to begin investing in Pakistan, helping you make informed decisions and set a solid foundation …

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Qatar Stock Market Falters, Egypt Surges Ahead

Introduction: In this weekly market update, we’ll delve into the recent movements of the Qatar and Egypt stock markets. While Qatar experienced a slight decline, Egypt’s market showed positive momentum. Join us as we explore the key factors influencing these market movements and their implications for investors. Qatar Stock Market: Unfortunately, the Qatar stock market faced a dip due to …

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Unveiling the Principles of Forex Trading: Unlocking the Potential of the Global Currency Market

Introduction Forex trading, the largest and most liquid financial market in the world, offers tremendous opportunities for individuals seeking to participate in global currency exchange. However, navigating the complexities of the foreign exchange market requires a solid understanding of its principles. In this blog post, we will uncover the key principles that underpin successful forex trading, empowering you to make …

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