Petrol, diesel prices slashed by Rs2 for April 2018
ISLAMABAD: The government on Saturday announced a reduction in prices of petrol and diesel by Rs2.07 and Rs2.00 per litre, respectively, for...
Imtiaz Super Market expands to Punjab, opens first store in Gujranwala
Karachi:
Imtiaz Super Market (ISM), the Karachi-based chain of grocery stores, is opening its first outlet in Gujranwala on Sunday, Sept., 25, sources...
Hong Kong-based investment bank returns to Pakistan’s capital markets. But why?
CLSA, a subsidiary of a Chinese state-owned company CITIC, has acquired a stake in Bank Alfalah’s securities trading arm Alfalah Securities
ExxonMobil set for comeback in Pakistan after nearly three decades: Report
Mr Sayyed in a letter sent to the BoI stated ExxonMobil has been assessing its re-entrance into Pakistan since quite a while and has been assiduously hunting energy-related opportunities for past few years
Shelved Aramco IPO hits at heart of Saudi prince’s reforms
The initial public offering (IPO) of 5 percent of state-owned oil giant Saudi Aramco was a centrepiece of the crown prince’s plan to diversify the kingdom’s economy beyond oil by raising $100 billion for investment in other sectors
Brazilian ambassador visits FPCCI, urges enhanced bilateral trade
ISLAMABAD: Ambassador Federation Republic Of Brazil His Excellency Claudio Raja Gabaglia Lins, during his visit to the Federation of Pakistan Chamber of...
Clover Pakistan to initiate due diligence for acquisition of Hascombe Business Solutions
LAHORE: A bourse notification filed Monday by Clover Pakistan Limited revealed its board of directors granted approval to initiate due diligence for...
Regulations impending investments from private equity funds: Experts
KARACHI: A consultative workshop “Pakistan private equity regulatory regime” was held on Thursday by USAID in partnership with Securities and Exchange Commission...
Proposed duty waiver on marble products in Pak-China FTA to hurt domestic industry
ISLAMABAD: As the government has reportedly agreed to allow a duty waiver on marble products from China under the second phase of...
Al-Shaheer enters processed food industry
Karachi
In what seems like an effort to grab a slice of the largely untapped frozen food industry of Pakistan – which accounts...
Saudi Arabia to announce slight rise in oil, gas reserves after audit – source
For almost 30 years - despite rising production, large swings in oil prices and improved technology - Riyadh has annually reported the same number for reserves at around 261 billion barrels, according to a statistical review by BP
U.S. will not stop Iran exporting oil, Iranian president says
The United States has imposed sanctions on Iran and U.S. officials say they aim to reduce Iran’s oil exports to zero in a bid to curb the Islamic Republic’s missile programme and regional influence
Economic woes drive gold prices to new high yet again
Gold prices in Pakistan have reached an all-time high again, according to data from the All Pakistan Sarafa Gems and Jewellers Association...
CPI surges by 3.2pc in March
KARACHI: The Consumer Price Index (CPI) has surged by 3.2 per cent on a year-on-year (YoY) basis in March 2018, as compared to...
Asian stocks advance, backed by strong US corporate earnings
Japan’s Nikkei 225 gained 0.6 percent to 22,534.03 and South Korea’s Kospi added 0.4 percent to 2,278.23