Jazz CEO Aamir hints massive layoffs in a bid to revamp Jazz

LAHORE: In a recent message sent out to the employees at Jazz, Jazz CEO Aamir Ibrahim informed the company that Jazz would be going...

Emirates to reduce flights to Pakistan

The impact on flights to Pakistan includes flights from Dubai to Islamabad, which will be reduced from 11 to seven flights weekly, Dubai to Karachi flights will be reduced from 35 to 23 weekly, whereas flights from Dubai to Lahore will be reduced from 10 to nine weekly and flights to Peshawar will be reduced from five to three weekly

Three candidates shortlisted for Bank of Punjab’s president slot

ISLAMABAD: The Punjab government has shortlisted the candidates against the vacant position of Bank of Punjab (BoP) president.Sources said that former National Bank of Pakistan...

Pakistan, KSA set to ink Aramco oil refinery deal: report

Pakistan and Saudi Arabia have finalised the memorandum of understanding (MoU) for the construction of the multi-billion-dollar Saudi Aramco oil refinery in Gwadar, according...

China requested to remove 1320MW power project from CPEC

Also, hundreds of other schemes coming under the ambit of the Public Sector Development Programme (PSDP) will also be shelved

TPL Properties signs MoU with Equitativa to establish first RMC in Pakistan

The agreement marks first foreign direct investment in real estate sector after amendments in regulationsISLAMABAD: TPL Properties has signed a memorandum of understanding...

Pakistani exporters urged to tap Malaysian meat market

'Half of Malaysian meat demand is being fulfilled by Australia, Brazil, New Zealand, India, China and Thailand, which are all non-Muslim countries'KARACHI: Economic Advisor...

Why Pakistan’s cotton value-chain has begun to atrophy

The industry blames a lack of government support, but capital appears to be shifting away from manufacturing, and the economics of growing other crops is better than that of cotton

Russia willing to invest $2 billion in Pakistan’s water and power projects

The firm has expressed interest in investing in water and power projects which include 7,100MW Bulji, 2,200MW Tangus, 800MW Mohmand Dam, 52MW Nauseri and 2,800MW Yulbo projects

ExxonMobil to commence drilling on 6th

This is the first time that any company in Pakistan would drill in the sea to explore oil and gasISLAMABAD: The drilling equipment of ExxonMobil,...

Gas crisis ends as PLL secures additional LNG cargos at low rates

ISLAMABAD: The country's gas crisis is almost over as Pakistan LNG Limited (PLL) has made arrangements for the import of additional cargos of Liquefied Natural...

Saudi minister reaches Gwadar to inspect land allocated for oil refinery

GWADAR: A Saudi delegation, headed by Saudi Minister for Energy, Industry and Minerals Khalid Abdul Aziz Al Falih, arrived in Gwadar on Saturday to inspect...

Petroleum minister briefed on pace of offshore drilling at Indus G-Block

Exxon Mobil Chief Executive Officer Irtiza Syed on Wednesday briefed Petroleum Minister Ghulam Sarwar Khan on the pace of ongoing exploration activity in ultra-deep...

SSGC tightens its noose on gas thieves

KARACHI: As per the directives of the higher management, a joint inspection-cum-raid was carried out on a factory, by the representatives of the Sui Southern...

Pace of credit growth in Pakistan’s banking sector to slow, NPLs to rise: Fitch Solutions

Its projected loan growth at 13% in 2018, down from a forecast 15% in 2018, said the research agency

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All you wanted to know about Pakistan’s e-commerce scene (but didn’t...

This article is the start of a series which will aim to provide the reader with an understanding of the e-commerce industry in Pakistan,...

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‘Like China and Taiwan, Indo-Pak trade should be kept away from...

The Pak-India Business Council (PIBC) has appreciated the government over its policies to promote trade between the two neighbouring countries.Talking to APP on Friday,...