National Electricity Plan, New Energy Policy being finalised to determine electricity demand, supply: Leghari
ISLAMABAD: Power Minister Sardar Awais Ahmed Khan Leghari Thursday said that the National Electricity Plan and new Energy Policy was being finalised...
Consumers to bear brunt of OGRA’s decision of dismantling the Enforcement Department
ISLAMABAD: Consumers - the weakest stakeholders of the petroleum industry - are going to bear the brunt of OGRA’s decision of dismantling...
Oil and gas reservoirs: FATA has enough reservoirs to attain self-sufficiency within few years
By HAMID KHAN WAZIR
ISLAMABAD: In what appears to be a significant development, the long-deprived and the war-weary Federally Administered Tribal Areas (FATA) has...
216 Pakistani exhibitors to participate in Heimtextil Fair, Frankfurt
KARACHI: The Heimtextil fair being held from January 09 until January 12, 2018, observed a strong increase in the number of exhibitors and...
State Bank’s efforts lauded globally
KARACHI: The State Bank of Pakistan (SBP) has been voted as the Best Central Bank in Promoting Islamic Finance by a poll...
CLSA, China’s largest investment bank keen to enter Pakistan’s banking sector
ISLAMABAD: One of China’s premier investment banks, Credit Lyonnais Securities Asia (CLSA) is keen to enter the country’s banking sector, as it...
JDW sugar mills profits for FY 2017 tumble 26.13 percent
LAHORE: Jahangir Tareen’s JDW Sugar Mills profits tumbled 26.13 percent for the financial year 2017 ended 30th September 2017.
Gross sales of JDW...
Malik Riaz enters mortgage industry, completes acquisition of Escort Investment Bank
LAHORE: Malik Riaz's Bahria Town has entered the mortgage industry fray after successful acquisition of Escorts Investment Bank Limited (EIBL).
Bahria Town has acquired...
Attock Cement’s new production line commences operations
KARACHI: A bourse notification filed Tuesday by Attock Cement Company Limited revealed its new production line capable of producing 1.2 million tons...
SBP verbally agrees to withdraw import restriction limit of 35pc on US Dollar
KARACHI: State Bank of Pakistan on Tuesday verbally took back a notification which restricted import of dollars up to 35 percent and...
Companies to be invited for submitting tenders for white oil pipeline
ISLAMABAD: Inter-State Gas Systems (ISGS) is set to invite companies for submitting tenders for Sheikhpura-Peshawar white oil pipeline.
This pipeline has been envisaged...
Pakistan’s economy to grow at 5.9 percent over medium-term, predicts: World Bank
LAHORE: World Bank released its “Global Economic Prospects” report on Tuesday revealing growth slowed down in South Asia to 6.5 percent during...
Oil prices spike to highest levels since 2014
SINGAPORE: Oil prices hit their highest levels since 2014 on Wednesday due to ongoing production cuts led by OPEC as well as...
CPEC to speed up industrialization, urbanization in Pakistan: Ahsan Iqbal
BEIJING: Federal Interior Minister Ahsan Iqbal, who also holds the Planning, Development and Reform portfolio, has emphasised that the Long-term Plan of the...
Cotton scientists for complete elimination of pink bollworm, white-fly
MULTAN: The Punjab Agriculture and Research Board (BARB) has decided to launch various schemes for the elimination of pink bollworm and whitefly...