Chairman Bank Alfalah commits investment in digital, stays ambiguous over reports of potential sale

Bank Alfalah Limited Chairman Sheikh Nahayan Mabarak Al Nahayan neither confirmed reports regarding the sale of Bank Alfalah nor denied them while committing further investments in the IT and digital arm of the bank.

Dream come true: Thar Block II unearths coal

ISLAMABAD: In a discovery that has brought hope to millions in the energy-starved nation, the first layer of indigenous coal from Thar...

Oil and gas reserves to end after 10 years, reveals petroleum division

ISLAMABAD: Senate Standing Committee on Petroleum was informed on Thursday that the country’s existing oil reserves will see an end only after 10 years...

Social impact or pursuit of profit? Some entrepreneurs pick both

The stories of four entrepreneurs who are making a social impact through their commercially thriving endeavours

This EdTech startup wants to change the way Pakistani children learn mathematics

Ask any primary or lower secondary school student about the most difficult subject they have to study and, more often than not,...

CPEC has changed the dynamics of Pakistan’s business & economic landscape

According to China Overseas Ports Holding Company (COPHC), Gwadar port's operator, some 20 companies in different businesses have already joined the Gwadar free zone with direct investment of 3 billion Chinese yuan (over 460 million U.S. dollars)

$1bn Chinese investment in social sector expected to be announced

ISLAMABAD: A team of Chinese experts is scheduled to visit Pakistan this week which is expected to announce and investment of over $1...

Local software company prefers hiring ‘non-hijabi’ employees

The company had listed a vacancy for an IT Intern on jobs portal Rozee.pk, wherein the "requirements" section, it stated that "an ideal candidate must be willing to wear business attire without an abaya, veil or scarf"

Pak-Russia to sign billion dollar energy deal

Russia has shown readiness to export gas by laying an offshore pipeline through Gwadar Port to Pakistan and India

Court appoints PwC, Deloitte as joint liquidators for Abraaj

Dubai-based Abraaj Holdings said on Tuesday a court in the Cayman Islands has ordered to appoint PwC as provisional liquidators of Abraaj Holdings and Deloitte as provisional liquidators of Abraaj Investment Management Ltd.

Chinese electric car manufacturers eye Pakistani market

KARACHI: The auto industry is transforming at unparalleled speeds and is converting technology from fossil-fuel based vehicles to electric motor engines to...

PIA incurs losses as half a dozen aircraft grounded: Report

Moreover, the state-owned airline is already losing millions every month under the ambit of rent of two grounded ATR aeroplanes which have been procured on dry lease

Current account deficit widens to $18bn in 2017-18, dollar at Rs128.60 interbank

CAD has jumped by 5.7 per cent of total country’s gross domestic product (GDP) this year.

Govt jacks up property valuation rates by average 20%

This step will allow the government to rake an additional Rs5 billion in tax revenues in the last five months (Jan-Jun) of the current financial year 2018-19

FBR for AEO programme to boost trade

In order to remove the hurdles in cross-border trade, Federal Board of Revenue (FBR) has decided to make rules regarding the Authorised Economic Operator (AEO) programme.