Daily Market News 28 November

International money transfer services

Daily Market News 28 November

Talks with IMF to overhaul tax system start
A technical mission of the IMF has reached Pakistan and kick-started discussions to overhaul taxation system in Pakistan.

MoUs worth multi-billion dollars signed with UAE
Caretaker Prime Minister Anwaar-ul-Haq Kakar Monday held a bilateral meeting with His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates in Abu Dhabi. Chief of Army Staff General Syed Asim Munir, NI (M) was also present at the occasion.

Kazakhstan seeks more textile imports from Pakistan, offers $2 billion market.
Kazakhstan is looking for more textile imports from Pakistan, which has a huge potential to tap into the Central Asian country’s $2 billion textile market, its ambassador said on Monday.

Profits repatriation surges seven-fold in July-October
Foreign companies operating in Pakistan sent back $485.4 million in profits and dividends in the first four months of the current fiscal year, a seven-fold increase from a year earlier, as the government cleared a backlog of payments that had been delayed due to a balance of payments crisis.

Oil falls, Brent settles below $80 ahead of OPEC+ meeting
HOUSTON, Nov 27 (Reuters) – Oil prices fell on Monday, with the Brent benchmark dipping below $80 a barrel as investors awaited this week’s OPEC+ meeting and expected curbs on supplies into 2024.

DISCLAIMER: This information has been prepared solely for informational purposes and does not in any way create any binding obligation on any party and does not offer any advice for investment. No warranties or conditions of any kind, express or implied, are made in this report. Link International exchange company is not liable for any damages

Give a Reply