Pakistan Media Network

Latest & Trendy News All Around Pakistan

Day: May 14, 2024

Press Release

Nyxoah to Release First Quarter 2024 Financial Results on May 14, 2024

Mont-Saint-Guibert, Belgium – May 13, 2024, 10:30pm CET / 4:30pm ET – Nyxoah SA (Euronext Brussels/Nasdaq: NYXH) (“Nyxoah” or the “Company”), a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA), today announced that the Company will release financial results for the first quarter 2024 on […]

Market

Shocking Report Reveals Pakistan’s Super Rich Own Property Worth Billions of Dollars in Dubai

Pakistanis own properties with a combined value of an estimated $11 billion (Rs. 30 trillion) in Dubai according to a bombshell report ‘Dubai Unlocked’, based on leaked property data.

Dubai Unlocked is an international investigation into the owners …

Market

Gold Price in Pakistan Declines Once Again

The price of gold in Pakistan fell by another Rs. 1,200 per tola on Tuesday to settle at Rs. 241,100 per tola.

According to data issued by the Karachi Sarafa Association, the price of gold (24 carats) fell by Rs. 1,200 per tola to Rs. 241,100, while…

Market

Govt to Expedite Conversion of Agricultural Tube Wells to Solar Energy in Balochistan

A high-level meeting chaired by Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal was held in Islamabad to discuss issues of agriculture and electricity sector impeding the well-being of people in Balochistan.

The meetin…

Market

Ghazi Fabrics Shuts Down Its Spinning Units Until Further Notice

Ghazi Fabrics International Limited (PSX: GFIL) has closed its spinning units until further notice, the textile company informed the main bourse on Tuesday.

‘Due to the prevailing economic conditions in the country, increase in power cost and non-av…

Market

PSX Breaks All Records to Close Above 74,500 As Momentum Persists

Pakistan Stock Exchange (PSX) closed at a new all-time high in today’s session after crossing 74,500, summiting the previous high of 73,799 recorded on Monday.

Similar to yesterday’s trends, positive vibes from the International Monetary Fund kept u…

Market

OGRA Orders OMCs to Pick Up More Diesel From Local Refineries

The Oil and Gas Regulatory Authority (OGRA) has instructed oil marketing companies (OMCs) to pick up more high-speed diesel (HSD) from local refineries to ensure a smooth fuel supply in the upcoming peak harvest season.

HSD uplift had failed to budg…

Market

Emirates Group Reports Best-Ever Financial Performance for 2023-24

The Emirates Group has announced its best-ever financial performance for the fiscal year 2023-24, reporting a record profit of AED 18.7 billion ($5.1 billion), up 71 percent from the previous year.

The Group’s revenue rose by 15 percent to AED 137.3…