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SECP Approves First PSX IPO of New Fiscal Year for Tasdeeq Information Services

SECP Approves First PSX IPO of New Fiscal Year for Tasdeeq Information Services

The Securities and Exchange Commission of Pakistan (SECP) has approved the prospectus for the initial public offering (IPO) of Tasdeeq Information Services Limited, clearing the way for the first Pakistan Stock Exchange (PSX) listing of the 2026-27 fiscal year. Tasdeeq, a credit bureau licensed by the State Bank of Pakistan, collects and maintains credit information on individuals and businesses to...

Oil Prices Climb to Near Six-Week High on Rising Middle East Supply Concerns

Oil Prices Climb to Near Six-Week High on Rising Middle East Supply Concerns

Global oil prices climbed to their highest levels in nearly six weeks on Wednesday as escalating tensions in the Middle East raised fresh concerns about potential disruptions to crude supplies. Brent crude futures rose above $92 per barrel, while US West Texas Intermediate (WTI) crude also advanced as investors reacted to heightened geopolitical risks and the possibility of further interruptions...

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