Pak-Saudi Joint Working Group resolves to strengthen trade, investment

The Pak-Saudi Joint Working Group on Trade and Investment was constituted in the 11th session of Pak-Saudi Joint Ministerial Commission held at...

Islamic finance growing rapidly: Sindh governor

Sindh Governor Muhammad Zubair said that Islamic finance has been growing rapidly in not only Muslim countries but also in non-Muslim countries. Addressing...

Telecom attracts 1.5m new users in three months

ISLAMABAD: The subscriber base of cellular mobile operators has recorded a reasonable growth as they attracted around 1.5 million new customers to their...

Oil prices rise as U.S. sanctions against Iran’s crude exports loom

International benchmark Brent crude oil futures were at $84.98 per barrel at 0247 GMT, up 40 cents, or 0.5 percent from their last close

Oil firm on tighter U.S. outlook, but strategic reserve release caps market

International Brent crude oil futures were down 9 cents, at $72.12 a barrel

Patrind hydro-power plant gets connected to national grid: NTDC

Lahore: The National Transmission and Despatch Company Limited (NTDC) on Tuesday said that one unit of the Patrind hydro-power plant has started...

SBP governor meets top leadership of commercial banks, sets future policy

KARACHI State Bank of Pakistan (SBP) Governor, Tariq Bajwa presided his first meeting with the presidents/chief executive officers of all commercial banks here...

BMW, Daimler pool resources on automated driving technology

The market for autonomous vehicles is expected to grow to $96bn in 2025 and $290bn in 2035 FRANKFURT: Daimler and BMW deepened...

Oil up near $68 as supply cuts outweigh economic worry

LONDON: Oil rose towards $68 a barrel on Tuesday as OPEC supply cuts and expectations of lower US inventories outweighed concern about weaker...

Oil prices dip, as Russia hints it may gradually raise output

U.S. crude oil production has risen by more than a quarter in the last two years, to 10.73 million barrels per day (bpd)

PTA rebuffs rumours regarding closure of Telenor services

Pakistan Telecommunication Authority (PTA) has refuted the rumours circulating on social media regarding discontinuation of Telenor services in Pakistan. "Any such news or...

Cement export registers 18.9pc growth in Sept

Cement export has posted 18.9 per cent growth in the month of September, according to official reports. Over 0.715 million tonnes of cement...

80pc of network to be shifted to 4G: Telenor CEO

ISLAMABAD: Telenor has so far invested more than US $ 3.5 billion Foreign Direct Investment (FDI) to expand its network and provide...

Power shortfall soars in Punjab as LNG supply gets curtailed

Lahore: A technical fault developed at the LNG terminal owned by Engro Corporation on Wednesday that caused the LNG supply to be...

CPPA approaches Nepra to approve tariff refund of Rs1.71 for July

Islamabad: Central Power Purchasing Agency (CPPA) on Thursday submitted an application for tariff refund of Rs1.71 for July 2017 to National Electric...