PTA gets approval for 5G testing
Islamabad: The federal cabinet has granted approval to Pakistan Telecommunication Authority (PTA) to issue a framework for temporary testing, trial and development...
China offers to buy 5pc equity stake in Saudi Aramco
Beijing: China is offering to buy up to 5 percent of Saudi Aramco directly, sources said, a move that could give Saudi...
Asian shares rise after Wall Street hits new highs
Tokyo: Asian stocks rose Tuesday after Wall Street’s major indexes hit new highs as China prepared to open a key political meeting.
KEEPING...
Opec compliance rate with output cut pledge stands at 86pc, says: IEA
Seoul: The Organization of Petroleum Exporting Countries (OPEC) has a compliance rate with their output cut pledges of about 86 percent, Fatih...
Oil prices stick to October high as Iraq tensions flare-up
Singapore: Oil prices clung to this month’s high on Tuesday after Iraqi forces seized the oil-rich city of Kirkuk from largely autonomous...
Industrialization only path to development for Pakistan, says: Lijian Zhao
Islamabad: China’s Charge d’ Affaires Lijian Zhao in a conference held on Monday to talk about Chinese experience in sustainable development, said...
Oil Tanker Association threatens strike on October 23rd if demands not met
Islamabad: Another oil-tanker strike is in the offing, as an association of oil tankers threatened to go on strike from October 23rd.
According...
WB capitulates and revises Pakistan external financing needs to $17b
Islamabad: World Bank on Monday capitulated and admitted to its negligence of overestimating Pakistan’s external financing needs for current financial year 2017-18.
This...
CPEC SEZs to play key role in country’s development
Islamabad:Â Establishment of special economic zones (SEZs) under CPEC framework based on Chinese experience coupled with active involvement of private sector will attract...
WAPDA prepares to upgrade Dargai hydropower project
ISLAMABAD: Water and Power Development Authority prepared a scheme for rehabilitation and up-gradation of Dargai hydropower project at an estimated cost of...
Satpara dam project to be handed over to G-B Government
ISLAMABAD: Satpara Dam project would be handed over to the government of Gilgit-Baltistan within six months as per framework decided by WAPDA...
T-Mobile & Sprint merger plan gathers steam
Washington: T-Mobile U.S. Inc and Sprint Corp plan to announce a merger agreement without any immediate asset sales, as they seek to...
Oil prices climb due to Iran sanction threats
Singapore: Oil markets jumped on Monday on concerns over potential renewed U.S. sanctions against Iran as well as conflict in Iraq, while...
Uniform cost criteria to be applicable for consumers living within 5km vicinity of gas fields
Islamabad: Natural gas consumers living within 5km vicinity of gas fields in all four provinces will be subjected to a uniform costing...
Pakistan criticizes World Bank for overestimating repayment obligations
Islamabad: Pakistan criticized the World Bank for overestimating its external repayment obligations by $13b, which actually stands at $18b, the Finance Ministry said...