NICL officials to visit Dubai to chalk out properties’ fate

ISLAMABAD: After getting the green signal from the management at Liberty House, DIFC, Dubai, the head of National Insurance Company Limited (NICL)...

Market Daily: Waning investor confidence leads to PSX losing 411.62 points

LAHORE: The final day of the week saw investors opting out of the market. Indices added on to the losses as the...

SECP issues guidelines on AML/CFT Regulations, 2018

ISLAMABAD: In order to maintain the integrity of its regulated financial sector in respect to preventing and combating money laundering and terrorism...

JS Bank focusing on corporate, mortgage financing, says CEO 

KARACHI: The newly appointed Chief Executive Officer (CEO) of JS Bank, Basir Shamsie Friday said the bank is focusing on corporate and mortgage financing...

Govt releases Rs 33.7b for development projects under PSDP 2018-19

Out of these allocations, the government has released Rs 4.73 billion for Pakistan Atomic Energy Commission for which Rs 30.4 billion has been allocated for the year 2018-19, whereas for Maritime Affairs Division, an amount of Rs 414 million has been released out of total allocation of Rs 10.1 billion

Eminent economist Dr Atif Mian removed from EAC after backlash

Aged 43, and a scholar in the field of finance and macroeconomics, Mian is regarded as one of the world’s top young economists

HDIP to upgrade hydrocarbon testing labs at a cost of Rs270m

Rs100 million would be utilized for expansion and up-gradation of Pakistan Petroleum Core house (PETCORE) for its sustainable operations to facilitate oil and gas exploration research in Pakistan

SBP to sell Rs5.15 trillion of MTBs & PIBs in Sep-Nov 2018

As per data released by SBP, commercial bank holdings in government securities posted a slight increase, touching Rs7.372 trillion at end of June 2018 against Rs7.363 trillion in the same period of last year

Water shortage to persist, hit upcoming Rabi season

According to an initial analysis of data, it is projected water shortfall would stand between 35-45 percent during the upcoming Rabi season 2018-19

PTI govt planning to resuscitate EDB

An official from the EDB said the newly installed government was interested in including the EDB in engineering focus areas with an aim to bring in latest technologies

EAC asks govt to take tough decisions to steer country out of economic crisis

EAC was told the government would devise its policy options to manage the fiscal and external sector challenges by the start of October, officials said

Patent, copyright registrations on the rise in Pakistan

KARACHI: A steady surge has been noticed in the number of patent registrations and the copyrights applications received at the World Intellectual...

Jahangir Ali Shah appointed as PSO’s acting MD

The Government of Pakistan has appointed Jahangir Ali Shah as acting Managing Director, Pakistan State Oil (PSO) - a notification to this...

Gwadar’s development focal point for CPEC: planning minister

Minister for Planning, Development and Reform (PD&R), Makhdoom Khusro Bakhtiar said that China-Pakistan Economic Corridor (CPEC) growth projections and investment thus far...

Pak-Saudi Joint Working Group resolves to strengthen trade, investment

The Pak-Saudi Joint Working Group on Trade and Investment was constituted in the 11th session of Pak-Saudi Joint Ministerial Commission held at...