Pakistan urged to make the most of Saudi investment package

ISLAMABAD: SAARC Chamber of Commerce and Industry on Monday termed Saudi Arabia's investment packages to Pakistan "a great opportunity for the latter to...

General hold up against token tax defaulters on 20th

RAWALPINDI: The Rawalpindi Excise and Taxation Department has finalised its arrangements to launch a general hold up against token tax defaulters and those...

Pakistan, KSA to constitute joint working group on Gwadar refinery project

ISLAMABAD: Petroleum Minister Ghulam Sarwar Khan on Monday met with Saudi Energy, Industry and Mineral Resources Minister Khalid Al Falih to discuss the implementation plan with...

NEPRA likely to increase power tariff by Rs1.93 per unit

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) is likely to approve Rs1.9 per unit increase in power tariff under the head...

Saudi minister calls for increasing Pak-KSA bilateral trade

'The two states need to discuss and discover possible business opportunities' ISLAMABAD: Saudi Arabian Minister for Commerce and Investment Majid Al-Qassabi on Monday said...

Govt suspends PIA flights to Japan

ISLAMABAD: The government has suspended the flights of Pakistan International Airlines (PIA) to Japan. The last PIA flight to Japan left on Sunday. The...

PSX closes 267 points lower amid dull trading

Cement sector lost 2.1pc after India imposed 200pc customs duty on all items imported from Pakistan KARACHI: Investors preferred to stay away from...

Saudi investment ‘not charity’: Saudi FM

ISLAMABAD: Saudi Minister of State for Foreign Affairs Adel al-Jubeir said on Monday that the money given by Saudi Arabia to Pakistan is...

Pakistan, Saudi Arabia sign agreements worth $20 billion

Saudi Arabia Crown Prince Mohammed bin Salman on Sunday landed on the red carpet in Pakistan amid much fanfare and strict security...

NAB summons NEPRA over case of unprecedented profits earned by IPPs 

ISLAMABAD: The National Accountability Bureau (NAB) Lahore has summoned officials of the National Electric Power Regulatory Authority (NEPRA) to appear Monday, 18 February...

Sustainable solution to Pakistan’s problems lie in structural reforms, believe analysts

Pakistan will have to push for fiscal consolidation and taxation reforms under the forthcoming IMF programme and move away from reliance on borrowing and foreign support to shore up the economy

Development of ports imperative for trade, says maritime minister

Minister for Maritime Affairs, Syed Ali Haider Zaidi has stressed the need for expediting intra-governmental cooperation to achieve the target of exponential...

Saudi Prince Salman’s visit to revitalise economy: PM Khan, Umar

Prime Minister Imran Khan says Crown Prince Muhammad Bin Salman's visit to Pakistan is a manifestation of the strength of bilateral and...

Saudi company ACWA to invest $4bn in Pakistan’s renewable energy sector

ISLAMABAD: Saudi power producing company ACWA Power on Sunday expressed its willingness to invest around $4 billion in Pakistan’s renewable energy sector. This...

Construction on 427km Machike-Tarujabba oil pipeline to start soon: Sarwar

ISLAMABAD: Minister for Petroleum Ghulam Sarwar Khan has said that construction work on the 427-kilometer Machike-Tarujabba oil pipeline from Sheikhupura to Peshawar would...