Govt taking keen interest in K-Electric’s acquisition deal: CEO

'Shanghai Electric Power's acquisition of KE and the reported $9bn investment plan will be beneficial for not just Pakistan's power sector...

Import of transport services decreases 11.54pc in five months

ISLAMABAD: The import of transport services by Pakistan from other countries witnessed a decrease of 11.54 per cent during the first five months...

20 more freight trains to be launched this year: minister

Jinnah Express and Sir Syed Express will be launched next month RAWALPINDI: Federal Minister for Railways Sheikh Rasheed Ahmad said on Wednesday that...

Asad Umar chairs first meeting of FBR Policy Board

ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) government has constituted the Policy Board of Federal Board of Revenue (FBR) and held its first meeting on...

‘Gwadar Master Plan to be finalised soon’

Planning minister urges Chinese govt to encourage state-owned and private sector companies explore investment opportunities in Pakistan ISLAMABAD: Planning Minister Makhdoom Khusro...

KSA to invest $322m in five hydropower projects of Pakistan

ISLAMABAD: Apart from making investments in the oil and mineral sector, Saudi Arabia will also make an investment of SR1.207 billion ($322 million)...

France keen to enhance financial assistance in Pakistan’s water sector

ISLAMABAD: Ambassador of France to Pakistan Dr Marc Baréty called on Ministry of Water Resources Secretary Shamail Ahmad Khawaja on Wednesday. Embassy of France...

Multi-billion dollar oil refinery to be established in Gwadar: minister

ISLAMABAD: Petroleum Minister Ghulam Sarwar Khan on Wednesday announced that an oil refinery worth billions of US dollars would be set up...

Business community confident ahead of Saudi crown prince’s visit

Businessmen laud the leadership of PM Imran Khan and his commitment towards ensuring transparency in Pakistan KARACHI: The Businessmen Panel (BMP) of the Federation...

‘Developing Asia-Pacific countries struggling to meet social protection agenda’

ISLAMABAD: Many developing countries in the Asia-Pacific region still face "considerable challenges", particularly in creating sustainable financing needed for the local welfare...

PSX fails to stay afloat, closes in red

KARACHI: After a positive close in the previous session, Pakistan Stock Exchange was back in red zone on Wednesday, as indices that opened...

Cash-strapped Pakistan to host Saudi crown prince

ISLAMABAD: Pakistan is preparing to welcome Saudi Arabian Crown Prince Mohammed bin Salman for a state visit over the weekend, the foreign...

Textile sector gets Rs14bn in seven months under PM’s export package

ISLAMABAD: The textile industry received Rs14 billion during the first seven months of the current fiscal year under the prime minister’s exports enhancement...

PM orders countrywide crackdown against gas theft

ISLAMABAD: Prime Minister Imran Khan on Tuesday ordered countrywide crackdown against gas theft, saying that gas worth Rs50 billion was being stolen annually...

Asad Umar reviews Pak-Turkey economic framework

'Pakistan and Turkey should consider setting up textile and garment cities' ISLAMABAD: Finance Minister Asad Umar on Tuesday chaired a meeting of the...