Pakistan signs Expo 2020 participation contract with UAE
ISLAMABAD: Pakistan Sunday formally signed a participation contract with the EXPO-2020 authorities at the Ministry of Foreign Affairs and International Cooperation, Abu...
SBP issues directives to banks over breach of payment cards
KARACHI: As a result of the security breach of payment cards and their unauthorized use on different delivery channels i.e. at ATMs...
NEPRA grants license for 11.80MW hydel power plant in KP
ISLAMABAD:Â The National Electric Power Regulatory Authority (NEPRA) has granted the power generation licence to Pakhtunkhwa Energy Development Organization (PEDO) for its 11.80MW...
Finance ministry calls first meeting over NFC awards on 31st
ISLAMABAD: The Ministry of Finance is going to hold its first Fiscal Coordination Committee (FCC) meeting this week to discuss the annual...
Microsoft overtakes Amazon as second most valuable US company
Apple Inc tops the list at over $1 trillion
SAN FRANCISCO:Â Microsoft Corp regained its spot as the second most valuable USÂ company on...
Royal Bank of Scotland sets aside ‘Brexit’ pot
LONDON: Royal Bank of Scotland on Friday announced a 14-percent rise in quarterly net profit but warned of a "more uncertain outlook"...
FFC posts Rs8.5bn PAT in nine months
The Fauji Fertilizer Company Limited (FFC) board of directors on Friday announced the financial results for the first nine months of 2018...
HBL declares consolidated PAT of Rs9.9bn
HBL on Thursday declared a consolidated profit after tax of Rs9.9 billion for the first nine months of 2018, with earnings per...
MCB Bank posts Rs14.31bn PAT in nine months
The MCB Bank Limited board of directors met under the Chairmanship of Mian Mohammad Mansha on Wednesday to review the bank’s performance...
Pak Suzuki posts Rs95mn profit after tax for 3Q2018
Margin compression and higher taxation resulted in lower earnings
Pak Suzuki (PSMC) reported its results for the third quarter of the current...
Dearth of economic experts in Finance Ministry irks PM
‘There is not a single ministry official who holds a PhD degree in the field of economics and finance’
‘Secretaries have...
APG team briefs Asad Umar, acknowledges progress on AML/CFT obligations
The Asia-Pacific Group (APG) Mutual Evaluation Assessment Team headed by the APG Executive Secretary Gordon Hook had a courtesy meeting with the Finance Minister...
Bank Al Habib declares pre-tax profit of Rs9.92 billion
The Board of Directors of Bank AL Habib Limited announced the financial results of the Bank for the nine months period ended...
Pakistan’s direct investment dips by 42pc in Q1
KARACHI:Â The direct investment in the country has declined by 42 per cent in the first quarter (Q1) (July-September) of the fiscal year...
Foreign reserves decrease by $219m due to external debt servicing
The total liquid foreign reserves held by the country stood at $14,613.9
million on 12 October 2018.
The foreign reserves held by the State...