Meezan Bank announces 30pc growth in half-year financial results
KARACHI: The Board of Directors of Meezan Bank in its meeting, approved the Bank’s financial statements for the half year ended June...
Pakistan’s resilience to climate change is limited: Moody’s
Rising temperatures and erratic rainfall can affect productivity in agriculture and increase the vulnerability of energy production, as 33% of Pakistan’s energy supply are hydropower-driven
Sindh eager to benefit from CPEC, says Murad Ali Shah
KARACHI:Â Sindh is eager to gain maximum benefit from China-Pakistan Economic Corridor (CPEC) as the revelation of the full plan for the corridor...
Bank Islami rubbishes claims of receiving financial assistance from SBP
KARACHI
Bank Islami Pakistan Limited (BIPL) clarified in a statement filed in the stock exchange that it did not receive any financial assistance...
Govt to reduce LNG supply amidst falling demand
LAHORE: The government on Monday directed scaling down of Liquefied Natural Gas (LNG) from both specialised import terminals due to falling fuel...
FBR notice seeking details of allottees is a conspiracy against economy: ABAD chairman
KARACHI:Â The Federal Board of Revenue (FBR) has issued notices to various builders and developers for providing details of allottees of shops, flats...
Gas price increase to be focal point of discussion in ECC meeting
According to Ogra law, the regulator is required to revise gas prices bi-annually to be notified on the first of July and January and local gas prices are linked to global oil prices
ICRU and private sector discuss intellectual property issues
LAHORE: To address Intellectual Property Rights (IPR) infringement and enforcement issues in Punjab, the Investment Climate Reform Unit (ICRU) which is an...
Yet another power tariff increase in the works
ISLAMABAD:Â After a respite of several months, electricity consumers are now bracing for another tariff increase on account of fuel cost adjustment for...
Iran approves anti-money laundering bill to ease foreign trade
Foreign businesses say Iran’s compliance with FATF standards and its removal from the organisation’s blacklist are essential if they are to increase investment, especially after reimposition of the U.S. sanctions on Tehran
Countries scramble after Thomas Cook collapse strands travellers
The collapse of British travel operator Thomas Cook TCG.L has left hundreds of thousands of holidaymakers abroad and forced governments and insurers...
Coca-Cola, US State Department to use blockchain to combat forced labour
NEW YORK: Coca-Cola and the United States (US) State Department along with two other companies said on Friday they are launching a...
Germany probes Audi over South Korea ‘fraud’: report Â
BERLIN:Â German prosecutors are investigating whether Audi fraudulently obtained authorisations for some cars in South Korea by falsifying chassis numbers and test records,...
Iraq oil exports hit 2018 peak in August
Iraq's oil exports for August hit their highest monthly figure this year, the oil ministry said Saturday, with nearly 112 million barrels...
Efforts underway to gradually adopt Islamic financing: Senate told
The Senate was informed on Tuesday that efforts are underway to gradually adopt Islamic mode of financing in the country.
Minister for Law...