Saudi Aramco IPO could strengthen govt finances, support economy
LONDON: Saudi Aramco's forthcoming listing on the local stock market could help strengthen the government’s net asset position, with the proceeds potentially raising the kingdom's...
Cement exports surge 16.48pc in four months FY20
LAHORE: Cement exports from the country grew by around 28pc to 798,000 tonnes in Oct 2019, as against 616,000 tonnes in the same month...
Dawood says must ‘appreciate’ good policies of previous govt
Adviser to Prime Minister on Commerce Abdul Razak Dawood has said that Pakistan’s improvement in the World Bank’s business reform report was made possible...
KSE-100 gains 4.46pc in week amid clarity on political, economic fronts
ISLAMABAD: Bullish sentiments ruled the Pakistan Stock Exchange (PSX) during the outgoing trading week, lifting the KSE-100 Index by 1,605.73 points or 4.46pc to 37,583.89...
US to extend licence allowing its companies to continue business with Huawei
WASHINGTON: The Trump administration is set to issue a two-week extension of a license allowing US companies to continue doing business with China’s Huawei...
Trade optimism, earnings power Wall Street to fresh record high
Wall Street's main indexes hit fresh record highs on Friday, led by gains in technology stocks as upbeat comments related to US-China trade talks...
After tower sharing agreement, Edotco and Zong partner for 4G coverage
Edotco Pakistan Private Limited (edotco Pakistan) on Friday signed a long-term agreement with Zong 4G to collaborate on multiple projects that would strengthen 4G...
Privatisation imperative for economic revival: PM
Prime Minister Imran Khan said on Friday that completion of the privatisation process on a fast-track basis would help increase the government's financial resources.
Chairing...
‘Turkish investors keen to sign JVs with Pakistani counterparts’
ISLAMABAD: Ambassador of Turkey to Pakistan Ihsan Mustafa Yurdakul said on Friday that the cordial relations between Turkey and Pakistan should now be transformed...
Automakers around world await Trump tariff decision
WASHINGTON: Automakers around the world are awaiting a decision from US President Donald Trump on whether he will impose up to 25pc tariffs on...
CCoP approves sale of SME Bank, PIA properties
ISLAMABAD: The Cabinet Committee on Privatisation (CCoP) on Friday approved the sale of SME Bank as well as the properties of different state institutions,...
PLL floats tender for procurement of LNG cargo
ISLAMABAD: Pakistan LNG Limited (PLL) has floated a spot tender for the supply of one LNG cargo in February 2020 on a Delivered Ex-Ship (DES)...
FBR releases tutorial videos to facilitate filers
The Federal Board of Revenue (FBR) has facilitated the taxpayers by releasing tutorial videos on the filing of income tax returns.
According to a statement...
Tough times over as economy stabilised, reiterates PM
Prime Minister Imran Khan said on Friday the country's economic indicators have improved despite the difficulties that the Pakistan Tehreek-e-Insaf (PTI) government endured during...
Stocks extend rally, index closes 340 points higher
KARACHI: Keeping up with the growth momentum, the Pakistan Stock Exchange (PSX) ended the week on a positive note, as the indices marched forward...
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Rs100 billion worth of tax fraud discovered by FBR
KARACHI: The country's corporate sector has been found involved in at least Rs100 billion of tax evasion and avoidance during the last four months,...
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Boeing says timing of 737 MAX return in hands of regulators
DUBAI: Boeing moved on Saturday to ease tensions with regulators over the return to service of its 737 MAX, saying it was up to...
