Chinese delegation visits ICCI, seeks business partners

ISLAMABAD: A delegation of Chinese companies from Lanzhou, China visited the Islamabad Chamber of Commerce and Industry (ICCI) and showed keen interest to...

Global Forum on Islamic Finance 2018 held at COMSATS

LAHORE: Islamic finance professionals, academics and researchers on Tuesday gathered at the Global Forum on Islamic Finance (GFIF) 2018, a two-day conference organised...

NSS mobilises savings worth Rs3.27bn, down 86.4pc

KARACHI: Savings mobilised by the National Savings Schemes (NSS) amounted to Rs3.27 billion in January, down 86.4 per cent from a year ago. According...

French envoy stresses efforts to enhance bilateral trade and investment

SIALKOT: Ambassador of France to Pakistan, Marc Barety and Head of the Economic Department Phillipe Fouet visited the Sialkot Chamber of Commerce...

OICCI formally introduces newly appointed president

KARACHI: To formally introduce its newly appointed President Bruno Olierhoek, Overseas Investors Chamber of Commerce and Industry (OICCI) held a media briefing on...

World’s largest fintech partners with Telenor Microfinance Bank to offer mobile payments, digital services

KARACHI: Telenor Group has reached a strategic partnership agreement with Ant Financial Services Group in Pakistan, where Ant Financial will invest $184.5million...

ABAD raises voice against illegal construction in Karachi

KARACHI: Illegal construction without No Objection Certificate (NOC) from the relevant department is a serious problem in Karachi and the Association of...

Finland govt buys 3.3 percent stake in Nokia

HELSINKI: Finland’s government investment arm Solidium said on Tuesday it had acquired a 3.3 percent stake in Nokia to strengthen Finnish ownership...

US renews GSP scheme for Pakistan and 120 other countries

ISLAMABAD: US’s Generalised System of Preferences (GSP) scheme has been renewed for Pakistan and 120 other countries till December 2020. The bill passed...

Govt abandons plans of sugar procurement citing PSMA refusal

ISLAMABAD: The government is said to have abandoned the plan of procuring 0.3 million tons of sugar and export plan after sugar...

Oil prices decline, as US crude output soars

SINGAPORE: Oil prices fell on Tuesday, extending losses from the previous session, as the inexorable rise in U.S. crude output weighed on...

Disco’s recoveries fall, as circular debt crosses Rs750 billion

ISLAMABAD: The Power Ministry on Monday acknowledged on Monday circular debt has crossed over Rs750 billion due to decrease in recoveries in...

AFG contemplating to support Pakistan in installation of solar tube wells

ISLAMABAD: The French Development Agency (AFD) is contemplating to give Pakistan help for installation of solar-powered tube-wells in Balochistan, said the French...

Faltering of K-Electric deal could be catastrophic for investor confidence: Abraaj

ISLAMABAD: Abraaj Group on Monday said the delay in clearance of K-Electrics acquisition by Shanghai Electric Power by regulatory authorities is bound...

Chinese investments in OBOR energy projects fell 28 percent in 2017: Report

LAHORE: Data outed by Boston University’s Global Development Policy Center revealed Chinese investments in One Belt, One Road (OBOR) energy projects fell...