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Citi, StanChart evacuate Dubai offices, HSBC closes Qatar branches after Iran threatens to hit US, Israel-linked banks
DUBAI/LONDON: Citigroup and Standard Chartered have begun evacuating their Dubai offices, telling staff to work from home instead, sources said...
Pakistan completes 5G spectrum auction with $500m investment
ISLAMABAD: The 5G spectrum auction in Pakistan has been successfully completed with nearly $500 million in investment, marking a significant...
FPCCI demands cut in petroleum products prices
LAHORE: FPCCI Regional Food Committee Convener Shahid Imran Wednesday urged the government to immediately slash petroleum prices after arrival of...
Machinery imports rise 12.88pc in seven months
ISLAMABAD: The imports of the overall machinery group increased by 12.88 percent during the first seven months of the current...
Pakistan begins importing oil via Red Sea route after Strait of Hormuz closure
KARACHI/RIYADH: Pakistan has started importing crude oil through the Red Sea route after the closure of the Strait of Hormuz...
PM Shehbaz directs FBR to offer digital tax services in Urdu & regional languages
ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday directed the Federal Board of Revenue (FBR) to provide digital tax services in...
Pakistan, IMF move to cut FBR tax target to Rs13.45 trillion
ISLAMABAD: In ongoing virtual talks, Pakistan and the International Monetary Fund are close to agreeing on a revised macroeconomic and...
Pakistan explores new food export routes amid Middle East conflict
ISLAMABAD: Pakistan reviewed the supply of perishable food items and fertilizer stocks, according to the state media, as the escalating...
Five vessels carrying LPG, crude oil berth at Karachi to boost supply
KARACHI: Five ships carrying huge quantity of liquefied petroleum gas (LPG) and crude oil berthed at Port Qasim in Karachi...
Finance minister chairs meeting to boost Pakistan’s capital markets
ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chaired a meeting of the Capital Market Development Council (CMDC)...
Swedish Bank exploring climate investment fund in Pakistan, minister told
ISLAMABAD: Ambassador of Sweden to Pakistan, Alexandra Berg von Linde, informed Federal Minister for Climate Change and Environmental Coordination Dr...
Govt urged to take advantage of Gwadar Port amid Iran war
GWADAR: As the Iran war disrupts regional shipping routes, the government was urged to utilise Gwadar Port for its strategic...
‘Peer ranking system’: FBR yet to file comments before LHC in response to plea
LAHORE: The Federal Board of Revenue (FBR) has failed to file its written comments before the Lahore High Court (LHC)...
Federal minister announces demurrage waiver on KPT auctioned containers
KARACHI: Federal Minister for Maritime Affairs Junaid Anwar Chaudhry has announced a waiver of demurrage charges on auctioned containers at...
Three oil tankers arrive at Karachi as Pakistan’s supply stabilises
KARACHI: Shipments from Saudi Arabia, Kuwait, Singapore routed via Red Sea to bypass Strait of Hormuz Amid rising regional tensions...
Overseas Pakistanis remit $26.50b in 8MFY26: SBP
KARACHI: The State Bank of Pakistan (SBP) reported that overseas Pakistani workers sent $26.50 billion in remittances during the first...
FBR parks 60pc vehicles, orders 50pc staff to work from home under austerity
ISLAMABAD The Federal Board of Revenue (FBR) has implemented strict austerity measures in line with the federal government’s recent directives...
SMEDA reaffirms resolve to empower women entrepreneurs
LAHORE: The Small and Medium Enterprises Development Authority (SMEDA) continues to play a vital role to provide an enabling business...
Pakistan auctions 480MHz 5G spectrum for $507m
ISLAMABAD: Pakistan on Tuesday successfully completed the Spectrum Auction for Next Generation Mobile Services (NGMS) / 5G in Pakistan, marking...
RCCI’s proposals to be incorporated into upcoming trade policy, assures Aurangzeb
ISLAMABAD: A delegation of the Rawalpindi Chamber of Commerce and Industry (RCCI), led by President Usman Shaukat and Group Leader...
