UAE pulls WTO trade complaint against Qatar
ABU DHABI:Â The United Arab Emirates withdrew on Thursday a complaint it made to the World Trade Organization accusing Qatar of imposing discriminatory...
Govt to return over $10bn foreign debt in current fiscal year, NA told
ISLAMABAD:Â Economic Affairs Minister Hammad Azhar on Thursday informed the National Assembly that the government would return over $10 billion foreign debt during...
Abraaj’s Naqvi sentenced to prison in absentia by UAE court
DUBAI: Arif Naqvi, founder of defunct Dubai-based private equity firm Abraaj Group, was sentenced in absentia to three years in prison by...
FIA arrests more accused in IESCO billing fraud probe
ISLAMABAD: The Federal Investigation Agency's Anticorruption Circle (Islamabad) has arrested three more accused in the Islamabad Electric Supply Company (IESCO) billing fraud...
Suspension of bilateral trade to hurt India more
ISLAMABAD:Â Pakistan's decision to suspend bilateral trade with India is likely to cost New Delhi around $1.891 billion per year.
According to sources in...
‘Exports surge 14.2pc, imports drop 18.3pc in July’
PM's adviser says he will visit Afghanistan on 20th to share the agenda of bilateral tradeÂ
ISLAMABAD: Adviser to Prime Minister on...
Weekly SPI inflation increases 0.81pc
ISLAMABAD:Â The weekly inflation for the combined income group witnessed an increase of 0.81pc as compared to the previous week.
The Sensitive Price Indicator...
Half-Year Results:Â MCB Bank posts 14pc growth in profit before tax
The bank maintains industry's highest quarterly payout of Rs4 per share
The Board of Directors of MCB Bank Limited met under...
Gold price jumps Rs1,750, reaches Rs86,250 per tola
ISLAMABAD:Â The price of 24-karat gold jumped by Rs1,750 and was traded at Rs86,250 per tola, as compared to the previous day's closing...
KLM officially launches KIA Sportage in Pakistan
Kia Sportage is Pakistan’s first locally-assembled all-wheel SUV with 100,000km or four years warranty
LAHORE: KIA Lucky Motors (KLM) on Wednesday launched...
Planning Commission initiates national review of gender equality
ISLAMABAD: A Planning Commission official said on Wednesday that the government, under the leadership of Prime Minister Imran Khan, is taking solid...
Stocks continue to bleed as KSE-100 drops 723 points
KARACHI: The Pakistan Stock Exchange (PSX) bled for yet another session, as the indices again recorded a fresh 52-week low on Wednesday,...
ADB releases $500m loan to support Pakistan’s economic reform agenda
Economic Affairs Minister Hammad Azhar on Wednesday formally announced that the Asian Development Bank has released $500 million to support Pakistan’s reforms...
NAB arrests Miftah Ismail after IHC rejects bail extension
Former finance minister Miftah Ismail was arrested on Wednesday by the National Accountability Bureau after his pre-arrest bail was rejected by the...
CDWP approves 12 development projects worth Rs14.5bn
ISLAMABAD:Â The Central Development Working Party (CDWP) meeting, held under the chair of Planning Commission Deputy Chairman Dr Muhammad Jahanzeb Khan, approved 12...