Qatar’s tourism sector reeling under boycott pressure
Doha: A boycott imposed by four Arab nations that accuse Qatar of supporting terrorism is squeezing the tourism sector and Doha’s hotels, which would...
Sindh govt gives go ahead to textile city project
Sindh Chief Minister Syed Murad Ali Shah while presiding over a meeting on the project has given a go ahead to the Pakistan Textile...
Khawaja Asif meets Gazprom chairman, agree to enhance cooperation
ISLAMABAD: Foreign Minister Khawaja Muhammad Asif met Gazprom Chairman Alexey Miller in Saint Petersburg, on Thursday, during his official visit to the Russian Federation...
Power theft caused financial loss of Rs45bn in FY18: NEPRA
The national exchequer has borne a huge financial loss of more than Rs45 billion due to electricity theft and other damages during the fiscal...
As inflationary pressures subside, is a rate cut on the horizon?
The central bank has released the MPC schedule, and the market is eagerly anticipating the decision on the policy rate
Hascol Petroleum to pay $9.5 million to Mena Energy for out of court settlement
LAHORE: A bourse notification filed Monday by Hascol Petroleum Limited (HPL) announced it reached an out of court settlement with Mena Energy DMCC and...
CPPA seeks hike in power price by Rs1.47 per unit
ISLAMABAD: Central Power Purchasing Agency (CPPA) has asked the National Electric Power Regulatory Authority (NEPRA) to approve an increase in the price of electricity...
Govt urged to discourage import of used cars
ISLAMABAD:Â Pakistan Automotive Manufacturers' Association (PAMA) and Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) have warned the government that any move in favour...
SBP injects Rs1,070 billion into money market
KARACHI: The State Bank of Pakistan (SBP) on Friday injected Rs1,070 billion into money market for seven days as reverse repo purchase through its open market...
Neelum-Jhelum Project to become operational by Jan 2018: Abid Sher Ali
Minister of State for Water and Power Abid Sher Ali has stated on Wednesday that the 969-megawatt Neelum-Jhelum Hydroelectric Project is likely to commence...
Pak Suzuki to observe 3 non-production days in February
KARACHI: Pak Suzuki Motor Company Limited (PSMC) has announced that it will observe three non-production days in February.Â
In a notification sent to the Pakistan...
China to push to attract more high-tech manufacturers
BEIJING: China will push to attract more high-tech manufacturers to set up in the world's No.2 economy, the nation's commerce ministry said late on...
International Steels to enhance production capacity
Commissioning of International Steel’s (ISL) new mill increases their cold rolling capacity to 1.0 million tons and reaffirms their position as Pakistan’s largest cold...
Sindh CNG pumps to remain closed throughout winter
All CNG pumps in Sindh will remain closed throughout the upcoming winter season, Sui Southern Gas (SSG) officials said on Thursday.
According to officials, a...
Mari Energies enters joint venture for mineral exploration in Balochistan
Joint Venture Agreement signed with IRH Mining RSC Ltd, Balochistan Mineral Resources Limited and the Government of Balochistan to acquire a 25% interest in two Mineral Exploration Licenses in Chagai
