Zameen.com’s parent company now has $100 million more to invest

DUBAI: Emerging Markets Property Group (EMPG) has raised $100 million in a Series D funding led by KCK Group and eight other...

Pakistan ranked 131st freest economy, receives freedom score of 55: Report

According to the report, the country’s overall score has risen by 0.6 points, with increased scores for judicial effectiveness and property rights outmatching declines in monetary freedom and fiscal health

Govt likely to rationalise gas prices to facilitate consumers

ISLAMABAD: Initial findings of a probe into inflated and excessive gas bills to domestic consumers have been presented to the ministers for finance...

Cabinet Division asked to probe alleged misuse of monetisation policy  

ISLAMABAD: Prime Minister Imran Khan on Friday summoned a report from the Cabinet Division on the alleged misuse of monetisation policy. According to sources,...

Pakistan, Turkmenistan pledge to play vital role in regional economic growth

ISLAMABAD: Senate Chairman Muhammad Sadiq Sanjrani said on Friday that enhanced regional and transregional cooperation would not only transform the bilateral ties among...

Headless PSM causing Rs120m loss per day

In the first six months of PTI govt, Pakistan Steel Mills caused a loss of Rs20bn ISLAMABAD: Pakistan Steel Mills (PSM) is causing...

Dutch investors to explore Pakistani market next month

PM's advisor urges Dutch envoy to revisit her country's travel advisory for Pakistan ISLAMABAD: Ambassador of Netherlands Ardi Braken called on Advisor to...

Pakistan, IMF yet to reach bailout agreement

Ministry spokesman says agreement will be signed as soon as a favourable programme is given Pakistan and the International Monetary Fund (IMF)...

Govt borrowed $2.3bn in first half FY19

ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) government has borrowed $2.3 billion in the first half of the current fiscal year (2018-19), according to the...

‘All passenger coaches to be manufactured locally from next year’

Sheikh Rasheed says PM Imran Khan will inaugurate Thal Express on Feb 11 ISLAMABAD: Railways Minister Sheikh Rasheed Ahmad said on Friday that...

PSX plunges another 445 points as bears take control

KARACHI: Bears continued to dominate the Pakistan Stock Exchange (PSX) for the third successive session, as indices, which started the day in...

Amazon’s Bezos says National Enquirer owner tried to blackmail him

WASHINGTON: Jeff Bezos, chief executive of Amazon.com Inc, has accused the owner of the National Enquirer of trying to blackmail him with...

Loan repayments may force Pakistan to go to IMF

Pakistan to repay over $5bn in the next six months ISLAMABAD: With a huge repayment of over $5 billion approaching in the next...

Pakistan striving to chalk out meaningful FTA with Turkey

ISLAMABAD: The government officials are in process of building consensus with their Turkish counterparts and other stakeholders to chalk out a meaningful Free...

US businessmen take keen interest in Pakistani handmade furniture

ISLAMABAD: The furniture manufacturers of the United States have shown a keen interest in Pakistani handmade furniture, underlining the need for collaborations with...