Pakistan receives first LNG shipment from Nigeria
ISLAMABAD: A cargo shipment carrying 70,000 tons of Liquefied Natural Gas (LNG) from Nigeria arrived on Friday at Floating Storage and Regasification...
China will receive 91pc revenues from Gwadar port for 40 years
ISLAMABAD: Â China will receive 91 percent of the revenues set to be received from Gwadar Port and 9pc will go to Gwadar...
Renowned fashion brand Chanel has no immediate plans to start online sales
PARIS: France’s Chanel has no immediate plans for online sales of its coveted outfits or handbags, a senior executive said on Friday,...
Head of power sector entities asked to ensure timely completion of ongoing projects
ISLAMABAD: Power Minister Chaudhry Abid Sher Ali has directed the heads of power sector entities to complete their ongoing projects well before...
Chinese company plans to invest $9bn in KE by 2030
ISLAMABAD: Shanghai Electric Power Company (SEPC) Chairman Yundan Wang said on Friday that his company was planning to invest $ 9 billion...
ECNEC approves over Rs211bn power, social sector projects
ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) Friday approved worth Rs 211.691 billion development projects including Rs 43.99 billion...
Investors meet PM, discuss setting up LNG terminal
ISLAMABAD: A consortium of private investors called on Prime Minister Shahid Khaqan Abbasi at Prime Minister’s Office on Friday and discussed a...
SBP upholds policy rates at 5.75pc
KARACHI: The Committee of the State Bank of Pakistan (SBP) on Friday kept the policy rates or discount rates unchanged at 5.75...
CDWP set to take up heavy agenda of projects worth billions of rupees
ISLAMABAD: Central Development Working Party (CDWP) is all set to take up a heavy agenda on Monday to approve 31 key projects...
Prime minister hails Mari Petroleum
ISLAMABAD: Prime Minister Shahid Khakan Abbasi during his visit at the closing session of Annual Technical Conference (ATC) and Oil Show 2017...
ADB irrigation project in Jalalpur to increase food production in Punjab
ISLAMABAD: The Asian Development Bank’s (ADB) Board of Directors has approved a $ 275 million loan to help build a surface irrigation...
Russia remains biggest supplier of crude oil to China
BEIJING: Russia held its position as China’s top crude oil supplier for the eighth month in a row in October, customs data...
Unilever begins search for new CEO
LONDON: Consumer goods maker Unilever NVÂ has begun working with executive search firm Egon Zehnder International to help to identify a successor to...
US crude oil touches two-year highs, as supplies tighten
SINGAPORE: U.S. crude oil hit fresh two-year highs on Friday, as the shutdown of a major crude pipeline from Canada to the...
Local tyre manufacturers welcome rise in import duties
LAHORE: The imposition and increase of regulatory duties on various categories of tyres has been endorsed by the country’s leading tyre manufacturers.
The...