PM orders early finalisation of Pak-Turkey Strategic Economic Framework

ISLAMABAD: Prime Minister Imran Khan on Thursday ordered early finalisation of the Pak-Turkey Strategic Economic Framework to transform the brotherly relations between the two countries...

Air Arabia has $336 million overall exposure to Abraaj

DUBAI: Air Arabia has an overall exposure of $336 million to embattled Dubai-based private equity firm Abraaj, it said in a statement emailed to...

Ethiopia debt woes curtail China funding

Ethiopia has been a top destination for Chinese loans in Africa, despite its lack of natural resources, with state policy banks extending it more than $12.1 billion since 2000

‘Govt removing all bottlenecks to facilitate foreign entrepreneurs’

PM says his vision is to transform Pakistan into a country where overseas Pakistanis and foreign investors could work without fear ISLAMABAD: Prime Minister Imran...

Honda Atlas launches ‘5S’ training series

Honda Atlas Power Products and Nizamuddin Faridul Haq group have jointly launched “5S”, the second series of the Honda’s Nationwide Technical Service Training Program. The...

PTCL first to use Afiniti’s artificial intelligence solution in Asia

Pakistan Telecommunications Company Limited (PTCL) – the leading telecom and ICT services provider in Pakistan signed a partnership agreement with Afiniti today, the US-based...

PALPA lauds PM’s vision for peace, offers services to armed forces

'PIA pilots attach themselves with the pulse of the nation to voluntarily and willingly offer any service in the defence of Pakistan' ISLAMABAD: Pakistan Airline...

Saudi investment ‘not charity’: Saudi FM

ISLAMABAD: Saudi Minister of State for Foreign Affairs Adel al-Jubeir said on Monday that the money given by Saudi Arabia to Pakistan is an investment...

Govt borrows a record Rs2tr from SBP

KARACHI: During the first 10 months of the ongoing 2017-18 fiscal, the government borrowings from the State Bank of Pakistan (SBP) stood at a...

GB presents Rs 54.4bn budget for FY 2017-18

ISLAMABAD The Gilgit-Baltistan government has presented Rs 54.40 billion provincial budget for the fiscal year 2017-18 which included Rs 28.2 billion for non-development and Rs...

SSGC continues operation to curb gas theft, multiple perpetrators caught

KARACHI: There has been no let-up in Sui Southern Gas Company’s (SSGC’s) drive against the menace of gas theft as it shuts down a...

Trader Gunvor leads in bids for Pakistan LNG tender cargoes

LONDON: A tender by Pakistan to purchase six liquefied natural gas (LNG) cargoes for delivery in July and August has drawn six bids by...

Reconvened EAC session to be called next week: Tarin

ISLAMABAD: The recently appointed head of the Economic Advisory Council, ex-Finance Minister Shaukat Tarin on Friday said the country was facing several challenges on...

Volatile session at PSX ends in benchmark losing points

LAHORE Uncertainty does not seem to be fading out anytime soon, and neither is the fortune opening up for investors at the Pakistan Stock Exchange...

Saad Mahmood to replace Jehanzeb Khan as AkzoNobel CEO

Lahore: CEO of one of the premier paint manufacturing companies, AkzoNobel Pakistan Limited, Jehanzeb Khan is all set to retire from his position on Nov...

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Pakistan to export cigarettes worth $50m for the first time

ISLAMABAD: Although Pakistan has been exporting tobacco and tobacco products to various countries, now for the first time, the country is going to export...

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China needs to change way it finances economy, think tank says

HANGZHOU: China needs to develop a better system for financing small businesses that drive innovation in the economy but currently struggle to access the...