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Pakistan’s forex reserves fall to $13.54 billion
Source: Dawn News | 01-02-2013

Pakistan’s foreign exchange reserves dropped to $13.549 billion in the week ending Jan 25, from $13.705 billion in the previous week, the central bank said on Thursday.


Remittances from Pakistanis abroad rose 12.51 percent to $7.116 billion in the first half, July to December, of the 2012/13 fiscal year, from $6.325 billion in the same period last year. 



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Source: Tribune | 04-04-2013
Khabeer’s Islamic financial services portal goes online With the objective of becoming the top portal for Islamic financial services, Khabeer Financial Services on Tuesday launched a Shariah-compliant financial products portal, saying that its main target was to reach as many retail investors as possible. The company claims that khabeer.com.pk is the world’s first portal providing Shariah-compliant inves..... Read more
Source: Geo News | 03-07-2013
 Pakistan stocks close higher on successful IMF talks KARACHI: Karachi Stock Exchange closed higher on Tuesday drawing strength from a successful conclusion of Pakistan-IMF talks. The benchmark 100-share index jumped 1.32 percent or 281.01 points to close at 21,644.17. Pakistan Telecommunication Co Ltd rose 4.96 percent to Rs23,27 while DG Khan Cement Co Ltd vaulted by 3.04 percent to end at Rs88.38. Read more
Source: The Nation | 07-02-2013
CAA cancels bidding process The Civil Aviation Authority (CAA) has now cancelled the bidding process, which it had initiated earlier, for awarding contract for supplying fuel to the aeroplanes at New Islamabad International Airport. So it is feared that commercial flights from the airport would not start in 2013 and might be delayed by more than one and a half years. PSO, a state ow..... Read more
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