UAE Crown prince likely to announce $3.2 billion oil credit facility

Saudi-based International Islamic Trade Finance Corporation (ITFC) is likely to extend $1.5 billion in annual credit facility for LNG imports, said officials

KP planning to line 20,000 watercourses in next five years

Approximately Rs15 billion would be required for pavement and repair of these watercourses

IMF calls Asad Umar ‘arrogant’, journalists claim

A short clip of a talk show aired on the local TV channel is making rounds on social media on Friday where...

NAB asked to probe Mohmand Dam contract

'Awarding contract to Descon-led consortium against the law' ISLAMABAD: The Pakistan People’s Party (PPP) on Friday asked the National Accountability Bureau (NAB) to...

Turkey can help Pakistan tap EU’s furniture market: PFC

LAHORE: Pakistan Furniture Council (PFC) Chief Executive Mian Kashif Ashfaq, while lauding the statement of Prime Minister Imran Khan with regard to taking...

‘PM’s Turkey visit to help boost bilateral trade’

SAARC chamber SVP says improved cooperation among Muslim countries can increase multilateral trade by 25pc LAHORE: SAARC Chamber of Commerce and Industry (CCI)...

Weekly inflation decreases by 0.31pc

ISLAMABAD: The inflation based on Sensitive Price Index (SPI) during the week ended on January 3, for the combined income group registered a...

Finance ministry ‘discreetly’ imposes up to Rs20.93 per litre levy on POL products

Masses to pay approximately Rs25bn in January on account of hike in petroleum levy on POL prices ISLAMABAD: The Finance Ministry, in an...

Robust employment report underscores US economic strength

WASHINGTON: US employers hired the most workers in 10 months in December while boosting wages, pointing to sustained strength in the economy that...

ExxonMobil making $250 million investment in Pakistan: Razak Dawood

China asked to expand the ambit of CPEC

Govt formulating policies to create money-making opportunities: PM

'Pakistan in the 1970s went wrong because we had a socialist mindset which became a deterrent to wealth creation' ANKARA: Prime Minister Imran...

‘KSA keen to undertake renewable energy projects in Pakistan’

Saudi Advisor Ahmad Al Ghamdi says businessmen of his country are more than willing to invest in Pakistan if govt guarantees...

Domestic cement despatches decline by 1.41pc in six months

KARACHI: Domestic cement dispatches have declined by 1.41 per cent in the first six months of the financial year 2018-19 as compared to the same...

SBP reserves down by $170m, stand at $7.2bn

The total liquid foreign reserves held by the country stood at $13.8 billion on 28 December 2018. As per the notification issued by...

AJK surpasses income tax target, collects Rs7.5bn in six months

MIRPUR: Azad Jammu Kashmir achieved a major breakthrough in the tax-realization history of the state after the State Department of Income Tax and Inland...