Finance

In finance, we will cover activities associated with banking, leverage or debt, credit, capital markets, money, and investments. Basically, everything that has to do with Pakistan’s economy, financing needs, finance news, and a lot more.

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  • Budget 2022 – Are You Ready?
    in Finance, New In Pakistan, News

    Budget 2022 – Are You Ready?

    The budget for 2022-2023 seems to have been designed in such a way that the IMF is satisfied and releases the halted bailout. Energy and fuel prices are expected to go higher, which will ultimately increase inflation in the country.

  • ZoodPay in Pakistan
    in Finance, Technology, World News

    ZoodPay Enter’s Pakistani Market

    A BNPL solution Zoodpay headquartered in Switzerland lets the customers defer their payments without having to pay the interest. It currently operates in CIS (Commonwealth of Independent States) and MENA (the Middle East and North Africa) countries.

  • Pakistan Could
    in Finance, New In Pakistan

    Pakistan Could Generate Over 20b In Taxes By Legalizing Crypto Trading

    Rain Financial Inc, which has a crypto exchange license in Bahrain and Turkey, is looking to enter the Pakistani market as well, but unlike other exchanges, it only plans to step into the country after the legalization of crypto trading in Pakistan. For this purpose, the Rain team has reportedly met with several stakeholders, including State Bank. The meetings are claimed to be fruitful, and the company is expecting positive things to happen around the legalization of crypto trading in the country.

  • Future Fest 2022-A Road To Future
    in Finance

    Future Fest 2022-A Road To Future

    President Dr. Arif Alvi honored the expo with his presence on Saturday. He urged the youth to focus on tech and IT. this could be a place to showcase the talent and show the world how much talent our youth has. He said, “Technology has revolutionized all sectors, and it has the ability to bring exponential change. If IT is linked to the passion of the youth, I have no doubt that you’ll see Pakistan in the list of developed nations in your lifetime.”

  • Balencia Sells Mouldy Stuff For Several Thousand Dollars
    in Finance

    Balencia Sells Mouldy Stuff For Several Thousand Dollars

    Balenciaga has recently announced its plans to sell more stuff that might look like it was pulled out a grandma’s old chest after she succumbed to a heart attack. Only recently, Balencia, the famous luxury brand that has perfected the art of selling junk at absurd prices, sold its torn-down shoes for 1850 dollars.

  • Aramco Dethrones Apple – Becoming The Most Valuable Company
    in Finance, World News

    Aramco Dethrones Apple – Becoming The Most Valuable Company

    The reason to become valuable is the surging oil prices. It is the largest oil-producing company in the world. Aramco’s profit increased 124% in the last year after the industry regained its start from the pandemic. They can cover the losses of 2020 when the oil increases and prices recovered. “Aramco’s net income increased by 124 percent to $110.0 billion in 2021, compared to $49.0 billion in 2020.”

  • Pakistan's IT Exports
    in Finance, New In Pakistan, News

    Pakistan’s IT Exports Cross $1.9 Billion In FY22

    The pandemic had affected many businesses and forced them to shut down. Remote work and e-learning have increased a lot of freelancing opportunities, which contributed to the increase in information and communication (ICT) exports. The increase was in software consultancy, call centers, and telecom services. The upward trend in IT exports is a good sign, as it will increase the foreign exchange.

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