PSX ends 220 points higher despite early tremors

KARACHI: The Pakistan Stock Exchange (PSX), after witnessing a volatile trading session, managed to close in the green. As per news reports, a team affiliated...

Uber buys rival Middle Eastern Careem for $3.1bn

Uber will pay $1.4bn in cash and $1.7bn in convertible notes in a deal that gives it full ownership of Careem ...

Customs officials ‘facilitating’ their high ups in Rs933m Faisalabad dry port scam

ISLAMABAD: The Pakistan Customs officers are allegedly trying to save their high ups in the Rs933 million Faisalabad dry port scam. As per the...

Bailout agreement with IMF to be reached soon: Asad Umar

'PTI govt only had 15 days of reserves left when it came to power', finance minister laments ISLAMABAD: Finance Minister Asad Umar said...

BOI committed to improving Pakistan’s EODB ranking

Official says Pakistan will be ranked among top 100 countries by the time World Bank releases its next EODB rankings ISLAMABAD: The Board...

Nike fined €12.5m for blocking cross-border sales of soccer merchandise

'Nike's illegal practices occurred between 2004 to 2017 and related to licensed merchandise for FC Barcelona, Man United, Juventus, Inter Milan,...

PSX sheds 403 points amid low turnover

Market participation decreased by 33pc, from 54.20m shares in the previous session to 36.49m shares KARACHI: The Pakistan Stock Exchange (PSX) witnessed a...

Export of transport services falls 25.4pc in seven months FY19

ISLAMABAD: The export of various transport services generated a revenue of $425.639 million during the first seven months of the current fiscal year...

Economic gloom hits world stock markets

Worries about economic growth prospects hit global stock markets during the past week, causing sharp price drops on both sides of the...

Cement exports rise 52pc in eight months FY19

KARACHI: Cement exports during the first eight months of the current fiscal year (from July 2018 to Feb 2019) registered a growth of...

Proton officially enters Pakistani car market

ISLAMABAD: The joint venture between Malaysia's Proton and Pakistan's Al-Haj Group has been the centrepiece among a series of agreements signed between Pakistan...

Urea off-take rises by 5pc in February

ISLAMABAD: Urea sales witnessed a nominal rise of 0.9pc during the five months of this year's Rabi season (Oct-Feb FY19), as per the...

Pakistan, Malaysia sign agreements for strengthening economic ties

Agreements signed for 'five big projects', says Asad Umar Both countries agree to take joint action against Islamophobia ISLAMABAD: Pakistan and Malaysia on...

PM’s aide for exploiting trillion-dollar Halal food market

ISLAMABAD: Advisor to the Prime Minister on Commerce Abdul Razak Dawood has stressed the need to exploit the trillion-dollar Halal food market through...

edotco charts next phase of digital growth for Pakistan

Malaysian company signs agreements with Jazz, Telenor and Zong 4G Aims to boost connectivity capabilities in Pakistan via shared telecommunication towers, efficient...