Qatar announces $3bn investment in Pakistan

'Following this investment, the economic partnership between Qatar and Pakistan will reach $9bn' ISLAMABAD: Following the two-day official visit of Qatar Emir Sheikh...

Gold reaches record high at Rs79,200 per tola

The value of gold in Pakistan has hit a record high, as the per tola price of the yellow metal reached 79,200...

Abraaj fleeced investors to plug shortfalls

Abraaj's legitimate business activities 'could not produce and maintain the cash flow and cash flow reserves necessary to conduct basic, day-to-day...

Honda jacks up car prices by up to Rs425,000

Honda Atlas Cars (Pakistan) Limited (HACPL) has increased the rates of its cars by up to Rs425,000, according to a statement issued...

Petrol price likely to be hiked by Rs5 per litre

A further hike of Rs5 in the price of petrol is expected in view of the devaluation of Pakistani Rupee and an...

PSX ends 129 points higher amid positive sentiment

KARACHI: Bullish sentiments prevailed at the Pakistan Stock Exchange (PSX) on the last trading session of the week. Foreign investors were once again the...

POGEE 2019 to provide solutions to prevalent energy crisis

KARACHI: While inaugurating the 17th International Oil and Gas Exhibition (POGEE) at the Karachi Expo Centre, Karachi Chamber of Commerce and Industry (KCCI)...

SECP registered 1,323 companies in May

ISLAMABAD: In May, the Securities and Exchange Commission of Pakistan (SECP) registered 1,323 new companies, according to a statement issued on Thursday. As compared...

Finja, Pakistan Post join forces to introduce digitised services

As the pace of innovation accelerates in Pakistan, different local and international entities operating in the country are on a mission to...

Hafeez Sheikh forms committee to address business community’s woes

LAHORE: Adviser to Prime Minister on Finance Abdul Hafeez Sheikh on Thursday constituted a high-powered committee to rectify the anomalies in the proposed...

PSX records 339 points gain amid high turnover

KARACHI: After a slow start to the day, the Pakistan Stock Exchange (PSX) was back on track to end the session on Thursday...

Facebook called before Senate panel over digital currency project

WASHINGTON: Facebook Inc's plans to create a global cryptocurrency will face scrutiny from the US Senate Banking Committee on July 16, the latest...

Apple explores moving 15-30pc of production capacity from China: report

Apple Inc has asked its major suppliers to assess the cost implications of moving 15 per cent to 30pc of their production...

Tobacco growers stand divided on implementation of advance tax

'Farmers that are influenced by illegal manufacturers are only making the advance tax issue a political game' ISLAMABAD: While a group of tobacco...

Senate body recommends continuation of zero-rating regime for export sectors

ISLAMABAD: Senate's Standing Committee on Finance has recommended the National Assembly to continue with the zero-rating regime for five export-oriented sectors in the...