CPEC committee to discuss ML-1 financing with China
ISLAMABAD: Planning, Development and Reform Minister Makhdum Khusro Bakhtiar on Monday chaired the Cabinet Committee on China-Pakistan Economic Corridor (CPEC) to review...
BoK declares Rs927mn PAT for third quarterÂ
PESHAWAR: A meeting of the Bank of Khyber's (BoK) Board of Directors was held at Islamabad to approve the quarterly results for...
Govt jacks up power price by Rs1.83 per unit
The National Electric Power Regulatory Authority (NEPRA) on Thursday notified Rs1.83 per unit increase in electricity tariff under monthly fuel price adjustment...
New digital exchange seeks to host Islamic finance startups
OneGram also plans to list its own sharia-compliant cryptocurrency on the exchange by mid-September
‘Govt aspires to transform Pakistan into land of opportunities’
In order to break the cycle of recurring instability and to put the economy on the path of sustained growth and stability,...
SBP sells Rs109.6bn worth of PIBs
KARACHI:Â The State Bank of Pakistan (SBP) has raised Rs109.6 billion through the sale of Pakistan Investment Bonds (PIBs), according to a statement...
Stocks extend rally with 490-point gain
KARACHI: Bullish sentiments prevailed at the Pakistan Stock Exchange (PSX) on Tuesday, as the indices extended gains from the last session amid...
Saudi Aramco IPO’s retail tranche oversubscribed
RIYADH: The retail portion of Saudi Aramco’s initial public offering (IPO) has been oversubscribed, with orders reaching 38.1 billion Saudi riyals ($10.2...
Cash is king as emergency stimulus fails to stop stock market panic
The dollar surged and everything else was blown away on Thursday as emergency central bank measures in Europe, the United States and...
Gold stays near 10-month peak; Palladium jumps to record high
Spot gold slipped 0.2 percent to $1,323.81 per ounce as of 0448 GMT. The metal had touched $1,327.64 an ounce in the previous session, its highest since April 25
Saudi companies urged to invest in Pakistan’s energy sector
ISLAMABAD:Â Adviser to Prime Minister on Commerce Abdul Razak Dawood has urged the Saudi companies to invest in the power sector in order...
OGRA notifies hike in RLNG prices
ISLAMABAD:Â The Oil and Gas Regulatory Authority (OGRA) on Monday notified the revised prices of Re-gasified Liquefied Natural Gas (RLNG) for the current...
Wheat crisis: How to create a commodity shortage
As the nation reels from a shortage of basic commodities such as wheat flour, the graphic displayed above shows as to how...
Rate of inflation for essential items falls: Asad Umer
Federal Minister for Planning and Development Asad Umar has said the rate of inflation for essential products has fallen to less than...
Saudi, UAE discuss $70bn crude refinery project in India
DUBAI:Â Saudi Arabia and the United Arab Emirates discussed a planned refinery in the western Indian state of Maharashtra that will cost at...