Parliamentary panel summons heads of cellular companies
ISLAMABAD: A parliamentary panel, on Thursday, directed all the heads of the cellular companies to appear in next meeting and brief about the...
AGP IPO: Book-building process ends up in strike price of Rs80
LAHORE: The book-building process of the Initial Public Offering (IPO) of AGP Limited, one of Pakistan’s leading pharma companies has resulted in...
Iranian airline to start Mashhad-Islamabad weekly service
TEHRAN: Iran’s ATA Airlines will open a weekly route from Mashhad to Islamabad on Saturday with the return leg to be operated on...
Leather exports rise 1.82pc in six months
ISLAMABAD: Exports of leather manufacturers from the country during the first half of the fiscal year 2017-18 witnessed an increase of 1.82 per...
Engro Fertilizer profits dip 2.17 percent, sales decline 9pc for FY 2017
LAHORE: A bourse notification filed Thursday by Engro Fertilizer announced its financial year results for the year ending December 30th, 2017.
The results...
Faysal bank set to acquire 50 percent stake in Faysal asset management ltd
LAHORE: A bourse notification filed Thursday by Faysal Bank Limited disclosed its plan to acquire 50 percent shares in its associate Faysal...
97.5 percent work concluded on Neelum-Jhelum Hydropower project
ISLAMABAD: Over 97.5 per cent work has already been completed on the strategically important 969 MW Neelum Jhelum Hydropower Project and its wet...
Brent crude touches 2018 low, as oil prices ease
SINGAPORE: Oil prices eased on Thursday, taking Brent crude to a 2018 low, as soaring U.S. output undermined OPEC’s effort to tighten...
WAPDA’s debt surged 331pc by end of December 2016: SBP
KARACHI: A recently released report by State Bank of Pakistan revealed Water and Power Development Authority (WAPDA), debt surged by 331 percent,...
Fatima Energy to be investigated for receiving “special favours”
Islamabad: A four-member committee has been established by cabinet division to investigate misconduct in inter-changeability of Fatima Energy Limited from co-generation policy...
FBR squashes telecom company proposal to resolve tax dispute
ISLAMABAD: Telecom companies scheme to resolve tax disputes via Alternative Dispute Resolution Committees (ADRCs) has been outright rejected by Federal Board of...
Oil hits one-month low after US inventory build
NEW YORK: Oil prices fell to a one-month low on Wednesday, after United States (US) data showed an unexpected build in refined products,...
Finance adviser chairs meeting to review progress of development projects
ISLAMABAD: Adviser to Prime Minister on Finance Dr Miftah Ismail, here on Wednesday chaired a meeting to review the progress of various projects...
Sindh in dire need of consumer courts: Hamid Maker
KARACHI: Despite Sindh Assembly approving the Sindh Consumer Protection Act 2014 which was later signed by the governor and gazetted in 2015,...
PSMA rejects controversial tax concessions to CSCECL
KARACHI: The SRO issued to benefit the import material of China State Construction Engineering Corporation Limited (CSCECL) has been criticised by a number...