Meezan Bank bags Best Bank for 2018 award at PBA

Dubai Islamic Bank was given the award for the Best Emerging Bank in Pakistan for 2018

Establishment of packaging plant in Gadoon to bring Rs2.5b investment

PESHAWAR: Chief Executive Officer of Khyber Pakhtunkhwa Economic Zones Development and Management Company (KPEZDMC), Saeed Ahmad Khan on Friday said that establishment...

Oil falls 1 percent, U.S. crude on longest losing streak since 1984

Brent slumped about 3.6 percent for the week and more than 15 percent this quarter

Naeemuddin Khan resigns from BoP, govt mulling to appoint Citi banker as next NBP president

Atif Bukhari, Nadeem Lodhi, Arif Usmani, Wajahat Hussain and Javed Kureishi were shortlisted for the post of NBP president

Pakistan’s wind, solar energy production to be doubled by 2022

ISLAMABAD: The priority projects in the energy sector under China Pakistan Economic Corridor (CPEC) would help Pakistan optimize the energy structure and reduce...

ICT survey stresses need to promote internet usage in Pakistan

Only 14pc Pakistanis use social media websites  Gap between rural and urban areas for mobile phone usage is only 3pc As...

Interloop, manufacturer of socks for Adidas, Nike set for IPO

Interloop intends to raise over Rs6.8 billion ($51 million) for expanding its sock manufacturing capacity by approximately 20% and enter the denim business

Oil prices fall into bear market on rising supply, economic concerns

Both Brent and WTI have declined by around 20 percent from the four-year highs they reached in early October

Amreli Steels to set up Rs 6.5 billion state-of-the-art rolling mill at Dhabeji

Expansion at SITE scrapped; Dhabeji to become the prime location

Petroleum division to submit plan for mitigating gas crisis in Punjab

Petroleum Division wants the government to permit SNGPL to provide re-gasified LNG through its transmission system to domestic and commercial consumers provided the Oil and Gas Regulatory Authority (OGRA) permitted the volume adjustment and financial impact on a cost neutral basis

IMF expresses worry over energy deals reached under CPEC

The variation of $9 billion could create problems in making accurate projections linked to future CPEC related outflows, said sources in the Ministry of Finance

SBP, FIA versions differ on ‘banking fraud’

FIA Cyber Crime Wing has cautioned that security of every Pakistani bank had been compromised because many complaints from various parts of Pakistan were coming in regarding money being transferred via security breach

K-Electric should clear its books, ledgers, for sale go-ahead

The committee was told due to the ongoing dispute there was no power purchase agreement between KE and Central Power Purchase Company (CPPC)

Chinese furniture makers to participate in 10th Interiors Pakistan expo

ISLAMABAD: A large number of Chinese furniture manufacturers and investors would participate in the ‘10th Interiors Pakistan Exhibition' in order to explore trade...

Afghanistan invites Pakistani companies for JVs in mining sector

ISLAMABAD: A delegation of Afghanistan Industries, Mines and Investment High Council, led by its Chief Executive Officer Mohammad Shabir Bashiry, visited Islamabad Chamber...