Pakistan signs Expo 2020 participation contract with UAE

ISLAMABAD: Pakistan Sunday formally signed a participation contract with the EXPO-2020 authorities at the Ministry of Foreign Affairs and International Cooperation, Abu...

SBP issues directives to banks over breach of payment cards

KARACHI: As a result of the security breach of payment cards and their unauthorized use on different delivery channels i.e. at ATMs...

Exponential growth shows broadband subscribers crossing 62 million mark

ISLAMABAD: The number of broadband users including 3G and 4G in the country has crossed 62 million by end of September 2018,...

NEPRA grants license for 11.80MW hydel power plant in KP

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has granted the power generation licence to Pakhtunkhwa Energy Development Organization (PEDO) for its 11.80MW...

Finance ministry calls first meeting over NFC awards on 31st

ISLAMABAD: The Ministry of Finance is going to hold its first Fiscal Coordination Committee (FCC) meeting this week to discuss the annual...

PM Imran’s visit to China to stabilise economy: PEW

ISLAMABAD: The Pakistan Economy Watch (PEW) on Sunday said the upcoming visit of Prime Minister Imran Khan to China can result in...

OGDCL shorlists names for next chief

ISLAMABAD: The Board of Directors (BoD) of the Oil and Gas Development Company Limited (OGDCL) has shortlisted three names for the position...

Over 266 railways’ officials sent abroad for training over last 5 years

ISLAMABAD: Pakistan Railways has sent as many as 266 officials to purchase machinery and other material from abroad to upgrade and meet...

Pakistan’s agri sector to thrive under CPEC

ISLAMABAD: The recent inclusion of the agriculture sector in the long-term plan of China Pakistan Economic Corridor (CPEC) provides Pakistan with an...

‘Govt introducing advance tech to curb line losses’

ISLAMABAD: Power Minister Omar Ayub Khan has said that Pakistan Tehreek-e-Insaf (PTI) government, under the dynamic and visionary leadership of Imran Khan,...

Pakistan requests UAE to give deferred payment facility for oil imports: Shah Mehmood Qureshi

The foreign minister said the UAE delegation had expressed an interest in establishing an LNG terminal in Pakistan

Lack of LNG import causes Rs12bn loss to Pakistan in six months

Sources say influential furnace oil lobby has been holding sway over the entire power division

Sanofi-Aventis Pakistan’s sole shareholder to transfer its shareholding to subsidiary Zentiva NV

LAHORE: Sanofi-Aventis Pakistan (Ltd) on Friday announced that the sole shareholder of SECIPE, i.e. Sanofi S.A. has made a decision to disincorporate...

Bank Alfalah profits rise 21% YoY, touch Rs8.8b for nine months of 2018

Net financial income (NFI) grew by 9% YoY during nine months of the current year because of a healthy rise in foreign income

Asia stocks, S&P futures slide as investors flee risk amid growth fears

MSCI’s broadest index of Asia-Pacific shares outside Japan dropped 1 percent, erasing tiny gains made in the opening hour and hitting its lowest level since February 2017