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World’s First Hydrogen-Powered Passenger carries out first successful test run

The Corada iLint, a zero-emissions train that runs on just steam and condensed water has successfully completed its first test run in Germany, media sources have...

FBR considering common reporting platform to facilitate tax collection

The Federal Board of Revenue (FBR) is planning to bring common returns filing and tax payment system under the head of sales tax, media...

American Airlines to buy stake in China Southern

American Airlines is in advanced talks to buy a $200m stake in Asia´s biggest airline China Southern, reports said Thursday, as it looks to...

Dubai Duty Free expects $2m sales hit from electronics ban

Dubai International Airport’s duty-free operator estimates that it will lose about $2 million (Dh7.34 million) in sales this year from the ban on carrying...

Govt releases Rs 27b for new gas schemes in a bid to win voter support

Prime Minister (PM) Nawaz Sharif has decided to release Rs27b development funds to allow new gas supply schemes in constituencies of around 100 parliamentarians...

Bank Alfalah introduces PayPak Debit card

Continuing to strive ahead to encourage financial inclusion in the country and digitise the financial sector of Pakistan, Bank Alfalah has collaborated with 1Link...

Food & oil import bill rises 18pc

Pakistan’s food and oil imports have increased 18 pc year-on-year to reach $10.652b in the first eight months of the current fiscal year although crude...

PIA CEO seeks govt support in price war with Gulf airlines

The chief executive (CEO) of Pakistan International Airlines (PIA) Bernd Hildenbrand has called upon the government to assist the national carrier in fighting a price war with deep-pocketed Gulf airlines,...
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