SBP to cease issuance of Rs40,000 prize bonds from 15th Feb

The decision was taken to appease global watchdogs, who had doubts about the investment of black money via these bonds

Foreign banks eye financial advisory role in divestment of two LNG fired-power plants: Report

This divestment would rank as the country’s largest privatization deal since 2005 when Etisalat acquired a controlling stake in Pakistan Telecommunications Limited (PTCL) for $2.6 billion

Govt will require to reduce borrowings from central bank, implement VAT under IMF programme: Report

According to official sources, the IMF will demand to attain a primary balance of budget into surplus, which is presently seeing a huge deficit

Pakistan expects 8 investment deals during Saudi prince’s visit

Total Saudi investments could reach $20 billion over the next few years, the Board of Investment said in a statement, without providing any detailed breakdown

KSA to invest $322m in five hydropower projects of Pakistan

ISLAMABAD: Apart from making investments in the oil and mineral sector, Saudi Arabia will also make an investment of SR1.207 billion ($322 million)...

Cash-strapped Pakistan to host Saudi crown prince

ISLAMABAD: Pakistan is preparing to welcome Saudi Arabian Crown Prince Mohammed bin Salman for a state visit over the weekend, the foreign...

Jazz failed to build Veon into the WeChat of Pakistan. That’s why it will succeed

CEO Aamir Ibrahim’s willingness to abandon his failures and invest in his successes suggests a strong path forward for the company

Amazon does not have a Pakistan presence. These Pakistani entrepreneurs are selling on it anyway

The global e-commerce giant has ignored Pakistan, but many enterprising individuals and companies have found ways to use the platform to their advantage by getting around the legal hurdles

Social impact or pursuit of profit? Some entrepreneurs pick both

The stories of four entrepreneurs who are making a social impact through their commercially thriving endeavours

Prime Minister Imran Khan warns of ‘painful’ reforms

Before taking the stage, Khan met with Lagarde and she termed the meeting "good and constructive"

IMF ready to support Pakistan, advocates for stronger economic reforms

Lagarde terms meeting with Prime Minister Imran Khan 'good and constructive'

Saudi Crown Prince’s visit to bring major investment in Pakistan

Saudi Arabia and its Gulf partner, the UAE, have already deposited $3 billion each in Pakistan’s central bank to help resolve a balance of payments crisis and shore up its declining rupee

IMF agrees to lend $6bn to Pakistan: sources

IMF team accepts govt's stance of not further jacking up electricity prices Lauds govt's approach towards the state-owned loss-making organisations Repayment...

PM Khan to meet IMF chief Lagarde for talks on bailout

Chaudhry said Pakistan wants any agreed bailout package, which would be the country’s second IMF bailout since 2013, to be the nation’s last such economic rescue by the IMF

Pakistan cuts 2017-18 economic growth estimate to 5.2pc

ISLAMABAD: Pakistan has revised its economic growth figures for the last financial year to 5.2pc from a previously reported figure of 5.8pc, after...