Mishal, WEF to conduct executive opinion survey in Pakistan

ISLAMABAD: The World Economic Forum in partnership with Mishal Pakistan is set to conduct the Executive Opinion Survey 2018 in Pakistan in the...

Industries secretary lauds Indus Motor Company’s practices

KARACHI “Indus Motor Company (IMC) sharing its experiences within and outside the company is encouraging, and we can move on the path of...

Oil continues to tumble after previous session’s slide

Oil prices fell by more than $1 on Thursday, extending the previous session's sharp losses as an uncertain demand outlook overshadowed any...

General Electric to pay $57m for missing French job target: ministry

PARIS: General Electric is to pay 50 million euros ($57 million) for failing to meet a job creation target agreed when it took...

Centre, provinces owe Rs42.4bn to DISCOs, Senate told

Minister says power generation companies have sustained a total loss of 79 million electricity units during the last two years ISLAMABAD: Energy (Power...

Thar to Lahore transmission line being planned by government

Plan to lay another high voltage power line from Thar to Lahore is being considered by the government for transmission of 4,000 megawatts...

Inflation contained, strong growth in revenues due to increased spending: SBP

KARACHI: Pakistan’s economy is set to surpass last year’s growth rate, with a continued robust performance by agriculture and services in addition to...

From zero to hero: Physical oil rally might be short-lived

LONDON: From Kazakhstan to the North Sea and the US, physical crude has jumped in value in recent days, but the rally...

Pakistan’s economy saw growth despite a fall in external trade says: ADB

Karachi: Asian Development Bank (ADB) in a statement on Friday said Pakistan’s economy had grown besides a decrease in external trade, reported a...

Oil opens 2019 with losses on surging supply, signs of economic slowdown

International Brent crude futures for March were at $53.27 per barrel at 0421 GMT, down 53 cents, or 1 percent, from their final close of 2018

Bank Alfalah posts PBT of Rs8.47bn, EPS of Rs3.04

KARACHI The Board of Directors of Bank Alfalah Limited approved the bank’s half yearly, unaudited financial statements, for the period ended June 30,...

Parliamentary panel summons heads of cellular companies

ISLAMABAD: A parliamentary panel, on Thursday, directed all the heads of the cellular companies to appear in next meeting and brief about the...

Govt asked to settle issues between sugar millers, growers

ISLAMABAD: The Pakistan Businessmen and Intellectuals Forum (PBIF) Monday urged the government to find a solution to the standoff between cane millers...

Brent crude drops more than $1 after U.S. softens stance on Iranian sanction waivers

Washington will consider requests from some countries to be exempted from sanctions it will put into effect in November to prevent Iran from exporting oil, U.S. Secretary of State Mike Pompeo said on Tuesday

OCAC and OGRA settle dispute, sign agreement

OCAC to withdraw case against OGRA Islamabad: The Oil Companies Advisory Council (OCAC) – an industry group and Oil Gas Regulatory Authority...