‘Hajj quota for Pakistani pilgrims increased’

    Pakistan’s Religious Affairs Minister Sardar Muhammad Yousaf and Saudi Hajj and Umrah Minister Mohammed Saleh bin TaherBentin in a meeting in Jeddah decided that...

Seven latest locomotives reach Pakistan from US

  A consignment of seven new modern locomotives has reached Karachi from the United States to reinforce Pakistan Railways’ existing fleet. “Pakistan will receive a total...

Pakistan to host ECO leaders’ summit in March

    Pakistan is getting ready to host the 13th Summit of the Economic Cooperation Organization (ECO) in March this year, an official source said here...

New software leads to 50pc growth in GST at AG offices

    A dedicated software launched across all district accounts offices in July last year has resulted in an impressive 50 per cent growth in collection...

ECC allows 300,000 tons of urea export

    The Economic Coordination Committee (ECC) of the Cabinet on Monday endorsed continuing the fertilizer subsidy scheme and approved export of 300,000 tons of urea...

ADB provides $196m loan for highways

    Pakistan and Asian Development Bank (ADB) on Monday signed $196 million loan agreement for the post-flood national highways rehabilitation project. The loan agreement was signed...

NIB-MCB merger process hits a snag

Former employee obtains legal injunction Singapore government-owned Temasek Holdings likely to approach Pakistani government to protect its investments A former employee of NIB Bank,...

ABAD to hold real estate expo on March 24

  The Association of Builders and Developers of Pakistan (ABAD) on Sunday announced holding Pakistan’s largest real estate and construction expo on March 24-26, 2017. In...

CPEC opens doors of investment in Pakistan: experts

Economists and business experts have said the China-Pakistan Economic Corridor (CPEC) is a splendid project of progress and prosperity which has opened doors of...

PR gets seven locomotives from US

The first consignment of seven modern locomotives out of 55-locomotive imported from the United States reached Karachi port on Sunday. A senior official of Pakistan Railways...

Govt likely to allow 300,000 tonnes of urea for export

by AMER SIAL The government is likely to allow urea manufacturers to export 300,000 tonnes of urea out of total estimated surplus of 800,000 of...

Pakistan’s first Naphtha cracker complex to be installed

by YASIR HABIB In an unprecedented development to boost up economy, Pakistan is all set to build country’s first ever Naphtha cracker complex (NCC), a state...

Better liquidity, re-rating build case for higher weight in MSCI EM Index

Liquidity profile has always been a meaningful consideration, amongst other factors, for international funds investing in frontier or emerging markets, which are gauged through...

WAPDA chairman fails to take action against delay in Tarbela Extension Project

Water and Power Development Authority (WAPDA) chairman has still not taken any action against those responsible for delays in 1410 MW Tarbela (4th) Extension...

Zong announces $200m investment

  Pakistan’s largest 4G service provider, Zong has announced $200m investment at its annual business conference.  Addressing the inaugural session, Zong’s CEO Liu Dianfeng reflected...

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FBR issues notices to 3,950 non-filers in Lahore

LAHORE: The Federal Board of Revenue's Broadening of Tax Base (BTB)-Lahore has issued notices to some 3,950 people who did not declare their assets despite...

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Intel launches first artificial intelligence chip Springhill

JERUSALEM: Intel Corp on Tuesday launched its latest processor that will be its first using artificial intelligence (AI) and is designed for large computing...