SECP’s Shariah Advisory Board approves Murabaha share financing product

ISLAMABAD: The Securities and Exchange Commission of Pakistan's (SECP's) Shariah Advisory Board (SAB) granted its approval to Murabaha share financing product proposed...

Coca-Cola expands into coffee with $5.1 billion deal for Britain’s Costa

For Coca-Cola, the deal adds to its efforts to move away from fizzy drinks towards more healthier options for increasingly health-conscious consumers

Oil dips on Sino-U.S. trade conflict, but looming Iran sanctions support

International Brent crude oil futures were at $77.70 per barrel at 0232 GMT, down 7 cents from their last close

EFTA agrees to initiate process for signing PTA with Pakistan

Pakistan’s exports to the trading bloc have recorded an average increase of 10.4 percent in the last five years

Haroon Oil, Gulf Oil reach strategic partnership

HOL will act as the distributor of GOMEL in Pakistan

Energy ministry recommends drastic cut of Rs22.94 in diesel price

Oil and Gas Regulatory Authority has proposed a decrease of Rs6 in the price of HSD to Rs106 per litre, Rs2 in the price of petrol to Rs93 per litre, 30 paisa in kerosene oil to Rs83.25 per litre and 70 paisa in the price of light diesel oil to Rs76 per litre

SEZs under CPEC to help in the creation of new jobs: Makhdoom Khusro Bakhtiar‏

ISLAMABAD: Minister for Planning, Development & Reform, Makhdoom Khusro Bakhtiar‏ has said that development of the Special Economic Zones (SEZs) is the...

PEW lauds PM’s plan for rationalised tax regime

ISLAMABAD: The Pakistan Economy Watch (PEW)  on Thursday lauded Prime Minister Imran Khan for initiating radical changes in the tax administration to...

Bata Pakistan reports 0.8pc increase in half-yearly profits

Bata Pakistan Limited reported a marginal growth of 0.8% in half-yearly profits during the half year period ended on June 30 2018. In their...

Pakistan’s foreign reserves stand at $16.685bn

KARACHI: According to data released by the State Bank of Pakistan (SBP), the total liquid foreign reserves held by the country stood...

IMC holds 27th dealer conference

KARACHI: Indus Motor Company (IMC) held its 27th Annual Dealer Conference at a local hotel in Karachi. Toyota Motor Asia Pacific President...

UberPITCH broadens road to opportunity for startups

KARACHI: Uber, the global smartphone app that seamlessly connects riders to drivers, has announced the launch of UberPITCH 2018, a nationwide competition...

NBP announces 46pc after-tax profit in half-yearly results

In a meeting of the Board of Directors (BoD) of National Bank of Pakistan (Bank) which was held on August 30, 2018,...

Next cabinet meeting to decide extension of NIRC chairman

ISLAMABAD: The Ministry of Overseas Pakistanis and Human Resource Division is all set to present a summary of extension in contract of...

PML-N govt ostensibly accepted ‘strict’ terms for LNG supply deal with Qatar: sources

ISLAMABAD: Initial scrutiny of the LNG supply deal between Qatar and Pakistan initiated by the incumbent minister for petroleum division Ghulam Sarwar...