CPEC has enhanced geo-political importance of Pakistan

PESHAWAR: Economics and political experts here Thursday said China Pakistan Economic Corridor (CPEC) signed during PMLN Government tenure, has enhanced the geo-political...

Dubai Islamic Bank set to enter branchless banking category in June

KARACHI: Dubai Islamic Bank Pakistan (DIBP) is set to launch branchless banking in the country by June 2018, after an agreement was...

Global oil prices for sixth consecutive day, as US output hit record highs

TOKYO: Oil prices fell for a sixth day on Friday after Iran announced plans to boost production and U.S. crude output hit...

Center instructs provinces to ensure speedy resolution of cane growers problems

ISLAMABAD: Federal government has issued instructions to provinces for speedy resolution of issues which farmers are facing, especially sugarcane growers whose dues...

Private expert hired to assess PSM land price

KARACHI: A private expert has been hired to assess the land price of Pakistan Steel Mills handed over to National Industrial Park...

Joint audit study fails to evaluate quantum of losses in Qatar LNG deal

ISLAMABAD: A Joint Audit Special Study carried out to investigate the multi-billion-dollar LNG gas deal signed by Pakistan with Qatar has failed...

High tax regime impeding investment in beverage industry

ISLAMABAD: A renowned beverage company in a letter submitted to the National Assembly Standing Committee on Finance has complained high taxes on...

Wheat farmers saved by timely weather forecast

LAHORE: In early November last year, Muhammad Islam was surprised by news from the Pakistan Meteorological Department. The 40-year-old farmer learnt that good rains...

Government losing Diamar Bhasha dam’s land as execution of project delays

ISLAMABAD: Despite paying around Rs 64.8 billion in terms of compensation of land, the government starts losing the acquired land of Diamar Bhasha...

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...