Business

Historic Milestone as Pakistan Stock Exchange Surpasses 58,000 Mark for the First Time

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Pakistan Stock Exchange (PSX) achieved a significant milestone on Wednesday as the benchmark KSE-100 Index reached the unprecedented level of 58,000. After consecutive gains, the KSE-100 index surged by 732.53 points, settling at 58,104, driven by enhanced market sentiments following the successful completion of the first review of the International Monetary Fund (IMF) staff-level agreement. …

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Pakistan’s First Local Currency Venture Capital Fund Aims to Boost Tech Sector and Startups

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Pakistan is gearing up to launch its inaugural venture capital fund, denominated in the local currency, to stimulate the country’s tech sector and provide support to startups. Leading this effort is Lahore-based Sai Venture Capital Private, with plans to raise $10 million primarily from local investors. Sai Venture Capital has already invested in companies offering …

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