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Abdul Hafeez Sheikh

NAB reference: Hafeez Sheikh granted protective bail by SHC

KARACHI: Former Finance Minister Abdul Hafeez Sheikh has been granted protective bail from the Sindh High Court...

Published 18 May, 2022 05:54am

PM reconstitutes ECC; Ayub new chairman

After being made an adviser, Shaukat Tarin was no longer able to preside the ECC

Updated 29 Oct, 2021 01:33pm

Regional NAB board recommends filing of reference against Hafeez, others

KARACHI: The National Accountability Bureau (NAB) is likely to file reference against Dr. Abdul Hafeez Sheikh, ...

Published 13 Jul, 2021 04:20am

Pakistan

Hafeez Sheikh to continue work as Finance Minister: Sheikh Rashid

He said money had played an important role in defeating Abdul Hafeez Sheikh in the recent Senate elections against Yousaf Raza Gillani.

Published 18 Mar, 2021 11:27pm

Pakistan

ECC approves criteria, payment mechanism for houses' construction under NAPHDA

The ECC meeting was chaired by Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh.

Published 17 Mar, 2021 09:37pm

Summary on circular debt approved by CCoE

ISLAMABAD: The Cabinet Committee on Energy (CCoE) Monday approved the summary presented by the Power Division to...

Published 16 Mar, 2021 04:43am

Pakistan

PM briefed on proposed Ehsaas food stamp programme

The prime minister was given detailed briefing on the proposed Ehsaas food stamp programme.

Published 08 Mar, 2021 06:35pm

Pakistan

Gilani asks PM, MNAs to vote for him

ISLAMABAD: Former premier and joint candidate of the Pakistan Democratic Movement (PDM) in Senate election Syed...

Updated 02 Mar, 2021 09:46am

Pakistan

Zubair urges PTI, its allies not to vote for Hafeez

ISLAMABAD: The Pakistan Muslim League-Nawaz (PML-N) senior leader, Mohammad Zubair, on Friday, lashed out at Finance...

Updated 27 Feb, 2021 05:36pm

Pakistan

Hafeez Sheikh calls on top PML (Q) leadership

The Prime Minister would have to make difficult decisions for the betterment of the country and the nation, they added.

Published 20 Feb, 2021 08:53pm

Papers of Hafeez, Vawda accepted, Pervaiz’s rejected

ISLAMABAD: The Election Commission of Pakistan (ECP) Thursday accepted the nomination papers of Finance Minister...

Updated 19 Feb, 2021 09:22am

Govt mulling reducing taxes on imported food items

ISLAMABAD: Prime Minister Imran Khan on Monday said the government was giving priority to the uplift of common man ...

Published 09 Feb, 2021 04:43am

Payment mechanism, pact with IPPs: CCoE approves Power Division’s summary

ISLAMABAD: The Cabinet Committee on Energy (CCoE) has approved a summary submitted by the Power Division on payment...

Published 09 Feb, 2021 04:43am

Loans, interest: Minister says Rs6trn, not Rs11trn, was paid in two years

ISLAMABAD: Federal information minister Shibli Faraz said on Wednesday that federal government paid Rs 6 trillion...

Published 28 Jan, 2021 04:40am

Pakistan

FM greets UK support for economic development of Pakistan

British High Commissioner Christian Turner called on the Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Sheikh, at the Finance Division.

Published 27 Jan, 2021 11:43pm

Supplements

International Customs Day: Message From Dr. Abdul Hafeez Sheikh Federal Minister of Finance and Revenue Islamic Republic of Pakistan

TEXT: The foundation of the global trade structure rests on development of a credible and strong supply chain, which...

Published 27 Jan, 2021 04:59am

Business & Finance

DLTL: PLGMEA delegation assured of payment

KARACHI: Federal Finance Minster Abdul Hafeez Sheikh has assured a Pakistan Leather Garments Manufacturers and...

Published 23 Jan, 2021 03:56am

Pakistan

Finance minister directs for continuing strict price monitoring

Hammad Azhar apprised NPMC that production of sugar was likely to increase this year due to improved sugarcane crushing activity.

Published 11 Jan, 2021 10:09pm

Pakistan

Finance Minister notes declining trend in prices of essential items

The NPMC observed price variation in wheat flour in Sindh and Balochistan Provinces which was reflected in PBS data.

Published 04 Jan, 2021 10:01pm

Pakistan

IHC bars unelected advisers, special assistants from heading govt committees

The IHC declared the constitution of the cabinet committee on privatisation as illegal.

Published 08 Dec, 2020 11:18am

Markets

In a first , govt raise Rs 200bn through Sukuk at less than KIBOR rate

“For the first time the Government raised Rs 200 Bn through Sukuk at less than KIBOR rate, through competitive book building at PSX, saving Rs 18 Bn over 10 years of debt servicing,” said Sheikh.

Published 07 Sep, 2020 03:47pm

Govt increases Kamyab Jawan Program loan limit to Rs25 million, says Hafeez Sheikh

Finance adviser says interest rates on all types of loans under the program have been reduced to half

Published 12 Aug, 2020 09:22pm

Markets

Forex reserves up from $8.5bn to $12.5bn, current account deficit cut from $20bn to $3bn in 2 years, cabinet told

Due to the government's prudent economic policies, the foreign exchange reserves of State Bank of Pakistan had increased from $ 8.5 billion to $12.5 billion, he added.

Published 11 Aug, 2020 09:06pm

SAPM Abdul Hafeez Shaikh removed from National Finance Commission

Shaikh's appointment to the commission, which had been challenged in court, has now been withdrawn.

Published 22 Jul, 2020 02:20pm

People not to face new taxes in next FY budget: Hafeez Sheikh

These views were expressed by Advisor to Prime Minister on Finance Abdul Hafeez Sheikh, in an interview with a private news channel programs.
He said the Pakistan Tehreek e Insaf (PTI), government was well aware of country's defense need and for

Published 04 Jun, 2020 09:56pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 15	277.70
USD PKR Interbank Buying / Nov 15	277.50
USD to Japanese Yen / Nov 15	154.30
USD to Swiss Franc / Nov 15	0.89
Pound Sterling to USD / Nov 15	1.26
Euro to USD / Nov 15	1.05

Stock	Volume
India Sensex / Nov 14	77,580.31
S&P 500 / Nov 15	5,870.62
Tokyo Nikkei / Nov 15	38,642.91
Nasdaq / Nov 15	18,680.12
Hang Seng / Nov 15	19,426.34
FTSE 100 / Nov 15	8,063.61
Dow Jones / Nov 15	43,444.99
Germany DAX 30 / Nov 15	19,210.81

Item	Value
Crude Oil USD/Barrel / Nov 15	67.02
Gold 10 Grams PKR / Nov 15	233,371.60
Gold Spot USD/Ounce / Nov 15	2,563.25
Cotton US¢/pound / Nov 15	68.91
Karachi Cotton PKR/37.32 KG / Nov 16	18,085
Petrol/Litre / Nov 17	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▼ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▼ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▼ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▲ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▲ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▲ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 17 Worldcall Telecom Limited(WTL)	77,999,077 ▲ 0.00
Fauji Foods Ltd / Nov 17 Fauji Foods Limited(FFL)	70,721,702 ▲ 0.00
Hascol Petrol / Nov 17 Hascol Petroleum Limited(HASCOL)	55,501,231 ▲ 0.00
K-Electric Ltd. / Nov 17 K-Electric Limited(KEL)	36,884,955 ▲ 0.00
Sui South Gas / Nov 17 Sui Southern Gas Company Limited(SSGC)	36,294,630 ▲ 0.00
D.S. Ind. Ltd. / Nov 17 D.S. Industries Limited(DSIL)	32,226,742 ▲ 0.00
TRG Pak Ltd / Nov 17 TRG Pakistan Limited(TRG)	29,018,611 ▲ 0.00
Pak Int.Bulk / Nov 17 Pakistan International Bulk Terminal(PIBTL)	22,405,457 ▲ 0.00
Treet Battery / Nov 17 Treet Battery Limited(TBL)	21,319,898 ▲ 0.00

Markets →

Budget 2024-25: income tax calculator for FY25

Abdul Hafeez Sheikh

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