Riyadh :Saudi Arabia, the world’s top crude exporter, said on Tuesday it was prepared to use its spare production capacity, estimated at two million barrels, to balance the global oil market.
“The kingdom is prepared to utilise its spare production capacity when necessary to deal with any future changes in the levels of supply and demand,” a cabinet statement said following a meeting chaired by King Salman.
ISLAMABAD: The Pakistan Mobile Phone Manufacturers Association (PMPMA) has raised concerns over the sale of smuggled, stolen and counterfeit mobile...
ISLAMABAD: The textile export industry has raised concerns over rising costs and policy constraints, warning that current conditions could lead...
FAISALABAD: The Federal Board of Revenue (FBR) is undertaking extensive reforms and structural changes aimed at completely eliminating tax evasion...
KARACHI: Pakistan Customs has notified revised enhanced customs values for imported old and used Apple iPhones, a move that is...
