Renault vows ‘fresh start’ for alliance with Nissan
PARIS:Â Renault's chairman vowed a "fresh start" on Wednesday for the carmaker's strained alliance with Japanese partner Nissan, saying its success was key...
New PIA chairman appointed
KARACHI: Secretary Aviation, Muhammad Saqib Aziz has taken over the charge of Pakistan International Airlines Corporation Limited (PIACL) chairman. The decision was taken...
Oil eases as high US oil stocks outweigh weak dollar
LONDON: Oil prices edged lower on Thursday as a weaker dollar, which usually boosts oil prices, was outweighed by concerns about rising...
China-Pak Golf Estates, Gwadar wins best real estate development award
ISLAMABAD:Â CPIC has been awarded their second accolade for China-Pak Golf Estates (CPGE), where Ryan He received the award for 'Best Development in...
CPEC debt servicing to commence in year 2021, says official
The spokesman said Pakistan has opted for Chinese investments under CPEC due to the favourable financing arrangements
Amid power tariff controversy, textile sector mulls leaving export business
LAHORE:Â The textile sector was seriously mulling to leave export-oriented businesses in Pakistan if Prime Minister Imran Khan's commitment to providing energy at...
Energy sector circular debt soars to Rs2.3tr
ISLAMABAD:Â In sharp contrast to the tall claims of incumbent Energy Minister Omar Ayub Khan, the circular debt of the country's power sector...
After Chinese, Japs also get tax concessions
The Economic Coordination Committee (ECC) of the cabinet on Friday exempted all levies and taxes on the Japan funded Islamabad – Burhan...
Pakistan invites Iran for talks over stalled IP gas pipeline
Iran sought $1.2 billion in damages as per the penalty clause from January 1, 2015. As per the agreement, if Pakistan didn't take gas supplies from Iran, it is bound to pay a fine of $1 million per day
USAID launches ‘Challenge Fund’ to support local SMEs, entrepreneurs
ISLAMABAD: The United States Agency for International Development (USAID) has launched the Challenge Fund in order to support the growth of small...
NBP president inaugurates Islamic banking branch in Chitral
KARACHI: National Bank of Pakistan (NBP) President Saeed Ahmad visited the Chitral valley and its adjoining areas where he inaugurated the first...
Sales of motorbikes, three wheelers decline 9.9pc in Aug
ISLAMABAD: The sales of motorcycles and three-wheelers dipped 9.91pc in August 2019 when compared with the corresponding month of last year, Pakistan...
Bank Alfalah records over Rs10bn profit in 2018
The Board of Directors of Bank Alfalah in their meeting held in Abu Dhabi on 21st February 2019, approved the Bank’s audited...
At-Tahur’s road to IPO begins, book-building set to close on 26th June
At-Tahur is issuing 36.7 million shares with 75 percent for book building and remaining 25 percent for retail investors at a floor price of Rs20 per share
PTCL’s revenue grows 8pc to Rs126.2bn in 2018
PTCL registers yearly growth for the first time since 2014
ISLAMABAD: The Board of Directors of Pakistan Telecommunication Company Limited (PTCL), the country’s...