Attock Cement concludes civil, mechanical and electrical work on Iraq project
In May 2013, Attock Cement had announced plans to invest $25 million in a new grinding plant in Basra, Iraq
GSKCH paid-up capital increases post merger
In a notification sent to the Pakistan Stock Exchange (PSX), GSKCH Pakistan said the shareholding of its holding company GlaxoSmithKline Consumer Healthcare B.V is now 100,423,259
GSK Chairman Hampton to step down ahead of split
The announcement comes a month after GSK’s Chief Executive Emma Walmsley announced her boldest plans yet - to split the company into two businesses — one for prescription drugs and vaccines, the other for over-the-counter products
Iran says Japan has started process of importing Iranian oil
Iranian oil accounted for 5.3 percent of Japan’s total crude imports in 2018
MoIP to likely forward reference to CCP regarding cartelization of cement prices: Report
The cement industry contended that the sector wasn’t being provided with any subsidy by the government
Oil firms as China’s slowdown not as steep as some expected
International Brent crude oil futures were at $62.83 per barrel at 0259, up 13 cents, or 0.2 percent, from their last close
PSO faces severe financial crunch, as Rs200 billion bond issuance delayed
State-owned Pakistan International Airlines (PIA) owes Rs48 billion to PSO and the federal government on account of price differential claims and exchange rate loss
‘Expert’ group expected to lead state-owned PSM’s revival
ISLAMABAD: Although Pakistan Steel Mills' (PSM) Board has yet to give the approval for the formation of an expert group of private...
Mobile broadband fosters digital financial services
Mobile account ownership in Pakistan has witnessed a reasonable increase and crossed the 39 million mark, which was 15 million at the...
World Bank terms progress on Dasu Dam project slower than anticipated
According to WB, land acquisition has only reached 742 acres, out of 1,987 acres needed for the construction areas and is slated to be finished by June 2022
30 companies invest $474m in Gwadar Free Zone
GWADAR: Around 30 companies have so far invested in the Gwadar Free Zone, with a direct investment of about $474 million, according...
Chinese banks’ forex settlement deficit narrows in Dec
BEIJING:Â China's commercial banks reported a drop in their forex settlement deficit in December, official data showed.
Forex purchases by banks stood at 1.14...
‘Pakistan to achieve target of record exports this year’
PM's adviser says despite unfavourable circumstances, the economy is moving on the right track, with current account deficit still being a...
KP govt committed to facilitating oil and gas explorers
PESHAWAR:Â Khyber Pakhtunkhwa (KP) Chief Minister Mahmood Khan on Saturday assured all-out support to address the issues of Khyber Pakhtunkhwa Oil and Gas...
French adventure travel agency returns to Pakistan after decade
‘Among four proposed tours, the agency offers a seven-day trek along the Batura glacier in Hunza’
ISLAMABAD: After an improvement in the...