Karachi outages force Amreli Steel to cut production of rebars by 40 percent
LAHORE: Amreli Steels in a notification sent to the bourse Tuesday informed it was cutting down its production of rebars by 40...
Oil prices touch end-2014 highs, as Saudi backs higher prices
SINGAPORE: Oil prices rose on Thursday to their highest since the end of 2014 as U.S. crude inventories declined and as top...
The journey of Pakistan’s first female banking CEO
LAHORE: Sima Kamil, the first woman CEO of a big Pakistani bank has defied the odds of a male-dominated banking sector to...
CPPA plea to reduce tariff for electricity purchased from sugar mills rejected by Nepra
ISLAMABAD: A Central Power Purchasing Agency (CPPA) plea to reduce tariff for electricity purchased from sugar mills has been rejected by National...
UBL profits down 63pc to Rs2.79bn
LAHORE: United Bank Limited (UBL -33 per cent) in a notification to Pakistan Stock Exchange (PSX) on Wednesday, released its financial results...
Miftah to present budget as Rana Afzal gets sidelinedÂ
ISLAMABAD: Contrary to reports that the State Minister for Finance and Economic Affairs, Rana Afzal Khan, will present the budget for being...
FBR to miss revenue collection target by a wide margin
ISLAMABAD: The Federal Board of Revenue (FBR) has not been able to achieve the revenue target it set for the current Fiscal Year 2017-18,...
‘Afeef Zara Airways’ obtains license, plans to take-off in six months
KARACHI: Afeef Zara Airways has obtained its Regular Public Transport (RPT) license from Civil Aviation Authority (CAA) and plans to commence its...
Haroon Akhtar, Sikandar Bosan meet to discuss pro-agri budget proposals
ISLAMABAD: Special Assistant to Prime Minister on Revenue Haroon Akhtar Khan held a meeting with various stakeholders and associations working in the...
APWC demands govt to check price hikes, raise wages and pensions of workers
ISLAMABAD: The All Pakistan Workers Confederation (APWC) has demanded of the federal and provincial government to check the rising prices of essential...
Bank Al Habib declares pre-tax profit of Rs3.40 billion
The Board of Directors of Bank AL Habib Limited announced the financial results of the bank for the three months period ended...
Textile Division proposes to extend Prime Minister Package for 2018-19
ISLAMABAD:Â The Textile Division has proposed to extend the Prime Minister's Rs180 billion package to the next fiscal year 2018-19.
Sources revealed that the Textile...
Bankers meet Miftah Ismail, share budget proposals for banking sector
ISLAMABAD: A delegation of Pakistan Bankers Association had a meeting with the Adviser to the Prime Minister on Finance, Miftah Ismail here...
OICCI urges govt to reduce cooperate tax to 25pc in fiscal year 2018-19
ISLAMABAD: The Overseas Investors Chamber of Commerce and Industry (OICCI) has urged the government to reduce cooperate tax to 25 per cent in the...
PM chairs ECC meeting, accord approvals for power sector
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi chaired a meeting of the Economic Coordination Committee (ECC) of the Cabinet here at the Prime...