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...

Saudi oil refinery in Gwadar to help Islamabad save $3bn a year

The refinery would produce up to 300,000 barrels per day once completed

India levies 200% duty on imports from Pakistan

LAHORE: In retaliation to the aftermath of the deadly attack in Indian-occupied Kashmir on Friday, India has announced an imposition of 200%...

Pakistan asked to bear transportation cost of Gwadar oil refinery project

The country will require a huge amount to ensure timely completion of pipelines between Gwadar and Karachi, and Gwadar and Nawabshah ISLAMABAD: As...

Petroleum Division devises three-pronged strategy to curb gas sector losses

ISLAMABAD: The Petroleum Division has submitted with the Federal Cabinet a three-pronged strategy to address the issue of approximately Rs50 billion worth annual...

Thousands fired from $30bn Bangladesh garment sector

Garment worker Rabeya started protesting on the streets of Dhaka in early January to pressure her employer -- one of Bangladesh's major...

‘Withdrawal of MFN status to Pakistan will hurt India more’

Sources say the decision will hardly impact Pakistan as its exports to India stand at a meager $410m ISLAMABAD: The Indian government’s announcement with...

Interloop gears up for March IPO, roadshows to commence in Lahore, Karachi next week

Interloop’s IPO could become the country’s largest private sector listing on the Pakistan Stock Exchange, eclipsing that of the bourse which raised Rs4.5 billion in 2016

Building and construction material exhibition fails to attract interest

LAHORE: The first two days of a three-day exhibition of building and construction materials held by The Institute of Architects of Pakistan (IAP)...

Mobile phone imports increase by 13.1pc in seven months

Pakistan imported cell phones worth Rs55 billion in the first seven months of the ongoing financial year (FY19), Pakistan Bureau of Statistics...

Facilitation of businesses imperative for economic growth: LCCI

'A change in the modes of payment will help increase the number of taxpayers' LAHORE: Lahore Chamber of Commerce and Industry President Almas Hyder...

PSX closes week on bearish note, sheds 400 points

Inflows of $1.6m during the week depicted muted foreign interest while average daily turnover stood at 125m, down 34.7pc WoW Investors...

Bank lending for ‘real economy’ key to boost China growth: central bank official

China’s banks made the most new loans on record in January following a series of moves to boost lending as authorities try to prevent a sharp slowdown in the world’s second-largest economy