‘Economic growth impossible without transparency’

LAHORE: Adviser to Punjab Chief Minister Dr Salman Shah said on Saturday that economic growth was impossible without transparent accountability and implementation of 100pc merit,...

Pakistan, Uzbekistan agree to form JWG on energy

ISLAMABAD: In a meeting with Uzbekistan Ambassador Furqat Sidiqov, Power Division Minister Omar Ayub Khan asserted that Pakistan wanted to take benefit from the...

‘Pakistan’s biggest industrial estates to be set up in Layyah, Muzaffargarh’

LAHORE: A delegation of the Pak-American Business Council (PABC), led by its President Jamal Meer, met Punjab Industries and Trade Minister Mian Aslam Iqbal on...

Car dealers to go on strike over exorbitant import duties

The car dealers of Lahore are mulling to hold a strike on The Mall if both the provincial and federal governments fail to address...

PM tells economic team to come up with out-of-the-box solutions

ISLAMABAD: Prime Minister Imran Khan has asked his economic team to come up with some unconventional and out-of-the-box solutions for economic uplift and hold consultations...

Market Weekly: Rupee strengthens, PSX up 3.3pc

Positivity prevailed at the Pakistan Stock Exchange (PSX) in the outgoing week with the KSE-100 Index gaining 1,014 points or 3.3pc to settle at...

Saudi Arabia’s oil supply disrupted after drone attacks

DUBAI/LONDON: Saudi Arabia’s oil production and exports have been disrupted, said three sources familiar with the matter, after drone attacks on two Aramco plants...

ML-1 agreement likely to be signed in October: minister

LAHORE: Railways Minister Sheikh Rasheed Ahmed said on Saturday the agreement regarding the construction of the Main Line-1 (ML-1) was expected to be signed in...

Recruitment of new trade officers on the cards

The Ministry of Commerce has decided to conduct interviews for the recruitment of new trade officers in foreign countries. According to a private media house,...

Iran signs $440m deal with local firm to develop Gulf gas field

DUBAI: Iran signed a $440 million contract on Saturday with local company Petropars to develop the Belal gas field in the Gulf, Iranian state television...

PIA increases number of flights to Saudi Arabia

Pakistan International Airlines (PIA) has announced to increase the number of flights to Saudi Arabia, a private media outlet reported. In a statement issued on...

EU finance ministers eye simpler fiscal rules

HELSINKI: European Union finance ministers were holding the first discussion on Saturday about how to simplify the EU’s complex fiscal rules to help make public...

NBP employee accused of illegally transferring millions from depositors’ accounts

ISLAMABAD: An alleged corruption scandal has been unearthed in National Bank of Pakistan (NBP) in which a branch manager has transferred millions of rupees...

Govt releases Rs84 billion for projects under PSDP

ISLAMABAD: According to data compiled by the Ministry of Planning, Development and Reform, the federal government has released Rs 84.43 billion for various ongoing...

Govt fails to put CPEC projects back on track in time

ISLAMABAD: The government has missed deadlines to put the delayed China-Pakistan Economic Corridor (CPEC) projects back on track despite the instructions given by Prime...

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Bookings for Kia Picanto from next week

After introducing two of its vehicles in the Pakistani market, Kia Lucky Motors is all set to launch Kia Picanto for its customers. The company...

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Punjab mining officials booked over illegal extraction of gold from Indus...

LAHORE: The Punjab Anti-Corruption Department on Tuesday registered a case against Punjab Mines and Minerals Department officials and others for illegal extraction of gold worth...