Careem asked to employ returning expats in transport service

CEO Junaid Iqbal stresses the need to formulate e-laws so that all forms of online businesses could be regulated ISLAMABAD: Special Assistant to...

New aviation policy in the offing, says minister

ISLAMABAD: Privatisation and Aviation Minister Muhammad Mian Soomro said on Tuesday that a new aviation policy was being designed keeping in view the...

Ahead of Elections 2018, govt approves issuance of new gas connections

The incumbent government is all set to initiate new gas supply schemes in constituencies of its key politicians in an attempt to...

NEPRA approves reduction in power tariff of Rs 1.96/unit

The National Electric Power Regulatory Authority (Nepra) on Thursday approved Rs1.96/unit reduction in the power tariff under fuel price adjustment for the...

Pakistan eyes 2018 start for China-funded Diamer-Bhasha dam

Islamabad: Pakistan expects China to fund a long-delayed Indus river mega dam project in Gilgit-Baltistan, part of disputed Kashmir, with work beginning...

Urea off-take rises by 5pc in February

ISLAMABAD: Urea sales witnessed a nominal rise of 0.9pc during the five months of this year's Rabi season (Oct-Feb FY19), as per the...

Govt urged to facilitate furniture sector in upcoming budget

PFC chief says it is the govt's responsibility to patronise the local industry by discouraging the import of furniture items ISLAMABAD: Pakistan Furniture...

Govt inaugurates incubation centre in collaboration with Jazz to encourage tech startups

The government inaugurated the national incubation centre in collaboration with Jazz – the new brand name after the merger of Mobilink and...

Oil prices steady as tensions in Middle East continue

Singapore: Oil prices were stable on Thursday, supported by ongoing OPEC-led supply cuts, tensions in the Middle East and lower U.S. production...

Pakistan looking towards partnerships with foreign companies in energy sector

KARACHI: Petroleum Division Minister Jam Kamal Khan has said the country has significant consumption of energy, with its GDP growth anticipated at...

Steel industry cries foul over ‘unfriendly budget’

ISLAMABAD: As the local steel industry was struggling to keep up with the regional competitors, the budget presented by the incumbent government would...

Circular debt exceeds Rs750b, as power sector faces liquidity crunch

ISLAMABAD: Circular debt in power sector has exceeded Rs750b out of which Rs421b falls in ambit of governments definition of circular debt...

PTCL expands its reach to Europe through Sparkle Sicily Hub

Presence in Sicily Hub will provide PTCL with enhanced connectivity to Europe and North Africa. PTCL, the largest ICT services provider in the...

NEPRA scales down power tariff

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) approved a reduction in power tariff of Rs 3.11 per unit on account of...

PIBTL to setup LPG handling facilities at existing terminal site

LAHORE:  A bourse notification filed by Pakistan International Bulk Terminal Limited (PIBTL) Thursday revealed it has been granted permission by Port Qasim...