Banks to observe holiday on Friday
ISLAMABAD: Following the announcement of the public holiday by the federal government, State Bank of Pakistan (SBP) and other financial institutions will remain closed...
Over 150 companies submit bids for Sheikhpura-Peshawar oil pipeline
ISLAMABAD: The Sheikhpura-Peshawar oil gas pipeline received a heartening response with over 150 entities buying tender documents to take part in the bidding process.
Inter-State...
PM directs secretary to resolve K-Electric’s NSC issue: Report
Also, there is a disagreement between the government and K-Electric over the power utility’s liabilities, which was creating an obstacle to the transfer of 66.4% stake to SEP
After making record profits, what is Towellers planning on doing?Â
After making massive profits worth billions of rupees two years in a row, Towellers Limited has announced it will use its reserves of money...
Uber to unveil next-generation Volvo self-driving car
The new production XC90 will have factory-installed steering and braking systems designed for computer rather than human control
WASHINGTON: Uber Technologies Inc on Wednesday...
Chemical manufacturers seek exemption from Section 144 for 23 essential items
LAHORE: The Pakistan Chemical Manufacturers Association (PCMA) has urged the provincial governments of Punjab and Sindh to exempt chemical manufacturing units from Section 144,...
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
ZTE settlement details revealed, ban still in force
Under the settlement, ZTE will pay a total civil penalty of $1.7 billion, including $361 million already paid as part of a March 2017 agreement, the $1 billion fine and the $400 million that will go into escrow
Oil prices peak, as US production falls
SINGAPORE: U.S. oil prices hit their highest levels since mid-2015 on the last trading day of the year as an unexpected fall in American...
Oil prices claw up, but register first weekly decline in six weeks
NEW YORK: Oil rebounded more than 2 percent on Friday after falling for five straight session as a major U.S. crude pipeline was shut...
PM orders comprehensive strategy to reduce petrol, diesel prices
ISLAMABAD: Prime Minister Imran Khan has directed for comprehensive planning and strategy with mutual coordination of all the departments concerned to bring reduction in...
Shipping agents defend charges after KPT Chairman’s critique
Uniform charges cannot be implemented due to concerns about cartelisation: PSAA
Urea prices up by Rs200 in four days after subsidy withdrawal
After government’s decision to withdraw subsidy of Rs 340 per bag on urea fertiliser from January 9, the price of the commodity has increased by...
Consortium discovers oil and gas in Kohat
ISLAMABAD:Â A consortium of three exploration and production (E&P) companies on Tuesday announced to have discovered oil and gas in Kohat district of Khyber Pakhtunkhwa.
According...
MCB profits jump up by 27.8pc to reach Rs13.69b for Jan-June 2017
Karachi: In a notification sent to the bourse on Friday. Muslim Commercial Bank Limited (MCB) announced its financial results for the half year Jan-June...
