Business
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POL prices may soar by Rs10-12 due to Saudi oil facilities attack
KARACHI: Prices of petroleum products are likely to soar by Rs10-12 in Pakistan following supply disruptions following drone attacks on...
Two UK forensic firms authenticate Judge Arshad Malik’s videos
LONDON: Two leading audio video forensic firms have authenticated the audios, videos and transcripts of judge Arshad Malik’s videos and...
Cabinet likely to approve amendments in NAB law soon
ISLAMABAD: Members of federal cabinet members have convinced Prime Minister Imran Khan to change the rules of National Accountability Bureau...
ML-1 accord likely to be signed in October
LAHORE: Federal Minister for Railways Sheikh Rasheed Ahmed said that the agreement regarding the construction of the Main Line-1 (ML-1)...
ADB to approve $350m for reforms in energy sector
ISLAMABAD: The Asian Development Bank will shortly approve the energy sector reforms and financial sustainability programme worth $350 million that...
Domestic cement sales decline 5.5pc in July-August
LAHORE: The impact of economic contraction became visible in the cement sector as it endured a decline of 5.49% in...
Govt to sell its stake in State Life Insurance Corporation
ISLAMABAD: Federal Minister for Privatisation Muhammad Mian Soomro on Friday announced that the government will sell its shares in State...
Multan-Sukkur Motorway (M-5) opened to light traffic
MULTAN: The Multan-Sukkur Motorway has been opened to light traffic, Radio Pakistan reported on Friday. According to a statement issued...
Govt to open Commercial Section in Pak embassy in Addis Ababa
ISLAMABAD: Adviser to the Prime Minister on Commerce and Textile Abdul Razak Dawood announced that Ministry of Commerce is opening...
Citibank president calls on APM Hafeez Shaikh
ISLAMABAD: A delegation comprising senior management of Citibank led by its President and Country Corporate Officer Nadeem Lodhi called on...
Financial close of TAPI gas pipeline project likely in early 2020
ISLAMABAD: The TAPI Pipeline Company Limited (TPCL) is determined to achieve financial close of the multi-billion dollar Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas...
PIA to induct seven new planes to its fleet under new business plan
KARACHI: The federal government has decided to add seven new aircraft to the fleet of Pakistan International Airlines (PIA) under...
Russian ExpoBank expresses interest in making heavy investment
ISLAMABAD: Russian ExpoBank Director Igor Vladimirovich Kim on Thursday called on Prime Minister Imran Khan and expressed his interest in...
Senate committee seeks single tax regime on imports
ISLAMABAD: A meeting of the Senate Standing Committee on Commerce and Textile Industry held under the chairmanship of Senator Muhammad...
PIA witnesses record rise in revenue; up to 45pc
KARACHI: The administration of national flag-carrier Pakistan International Airlines (PIA) has witnessed record rise in revenue up to 45 per...
Monetary Policy Committee to hold meeting on Sept 16
KARACHI: The Monetary Policy Committee of the State Bank of Pakistan (SBP) is scheduled to meet on September 16, 2019...
Pakistan to see deterioration in its ‘interest payments-to-revenue ratios’
NEW YORK: In a Sector In-Depth report titled “Sovereigns – Global: B-rated sovereigns in APAC, LatAm and MENA most exposed...
Govt to facilitate investors in SEZs: Dawood
ISLAMABAD: Adviser to the Prime Minster on Commerce, Textile, Industries and Production and Investment Abdul Razak Dawood Wednesday said the...
Shahid Khaqan Abbasi, Miftah Ismail’s remand extended in LNG case
ISLAMABAD: An accountability court on Thursday extended the physical remand of former prime minister and Pakistan Muslim League-Nawaz (PML-N) leaders...
Pakistan among top five remittance receiver in the region: ADB
ISLAMABAD: Pakistan was in the top five in the remittance receivers in the region last year, according to the latest...
