Telenor Pakistan announces new model to empower businesses
KARACHI: Being the front runner in creating opportunities by aiming at value creation, Telenor Pakistan, has announced its new and forthcoming business...
Shaheen Air refutes CAA claims, deny ‘fraud’ in payments
KARACHI: Shaheen Air International (SAI) has refuted statements made by the Civil Aviation Authority (CAA) in a letter sent by them to the Federal...
No decision to approach the IMF yet, says Asad Umar
ISLAMABAD: While speaking on the floor of the Senate on Tuesday, Finance Minister Asad Umar said the government has not made a decision...
ECC likely to take final decision about future gas prices
ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet is set to decide either to fully pass on the hike in gas...
Market Daily: KSE-100 drops 201 points amid uncertain economic conditions
LAHORE: It was another dull day with low market participation. Indices swayed in both directions in the morning, but late selling forced...
Bank Alfalah posts impressive half-year results, with profit before tax at Rs10.008 billion
KARACHI: The Board of Directors of Bank Alfalah in their meeting held in Abu Dhabi on
26 August 2018, approved the Bank’s unaudited...
Pak Govt collects over Rs630 billion non-tax revenue in FY18
ISLAMABAD: The non-tax revenues of the federal government were recorded at Rs 630,378 million during the fiscal year 2017-18, according to the...
China defends ‘New Silk Road’, saying it creates assets not debt
BEIJING: Chinese officials on Monday defended Beijing’s initiative to build a “New Silk Road” of railways and other infrastructure across Asia against...
UAE court sentences Abraaj CEO in bounced cheque case, lawyer says settlement reached
Arif Naqvi’s lawyer Habib Al Mulla said in an email that the parties had reached a settlement
PIA, PSM in combined debt of over Rs275 billion
ISLAMABAD: Debt and liabilities owed by state-run organisations have soared sharply as these organisations owe about a quarter more now then they...
US, Mexico reach NAFTA deal as pressure turns to Canada
WASHINGTON: The United States and Mexico agreed on Monday to overhaul the North American Free Trade Agreement (NAFTA), putting pressure on Canada...
Saudi king tipped the scale against Aramco IPO plans
LONDON: The king spoke, and a $2 trillion dream went up in smoke. For the past two years, Saudi Arabia has prepared...
Pakistan granted ‘Guest of Honour’ status at International Import Expo in China
BEIJING: The Chinese government has granted the status of “Guest of Honor” to Pakistan at the China International Import Expo (CIIE) to be...
Net foreign selling declines by 20pc
KARACHI: Foreign investors were seen to be net sellers in the capital markets for the week ending August 17, 2018, but with...
CAA reaches out to FIA amid fears Shaheen airline owners may flee after tax fraud
KARACHI: The Civil Aviation Authority (CAA) has urged the Federal Investigation Agency (FIA) to take action against the owners of the Shaheen Air International...