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Emirates to ‘set up’ major cargo business hub at Karachi airport

Emirates Airline has announced to establish a major cargo business hub at…

Centre, Sindh ‘decide’ to revive Pakistan Steel Mills jointly

  The federal and Sindh governments on Monday decided to revive the…

China plans $1 billion investment in Pakistan’s medical city

President Asif Ali Zardari on Thursday invited China to invest in diverse…

Federal cabinet ‘approves’ tariff review for eight more IPPs

The federal cabinet, chaired by Prime Minister Shehbaz Sharif, ‘approved’ the tariff…

Another IPP ‘okays’ amendments to PPA after successful talks

Pakistan’s Ministry of Energy has announced a successful negotiation with another Independent…

China curbs exports of key chipmaking components to US

In a tit for tat move Beijing Tuesday said it would restrict…
Hajj Applications Open in Pakistan with New Payment Structure

Hajj Applications Open in Pakistan with New Payment Structure

Fifteen designated banks across Pakistan have begun accepting Hajj applications. Applicants must…

Dollar surges, bitcoin hits record high as Trump claims US election victory

The US Dollar (USD) was set for its biggest one-day rise since…
BR officials discussing the revised Tajir Dost Scheme strategy.

FBR Shifts Tajir Dost Scheme Focus to High-Potential Retailers

The Federal Board of Revenue (FBR) has revised the Tajir Dost Scheme,…
Privatisation process for Pakistan International Airlines (PIA) underway with six pre-qualified bidders vying for control.

Bidding Begins for Privatization of Pakistan International Airlines (PIA)

The privatization process for Pakistan International Airlines (PIA) began Thursday, with one…

New Delhi, Madrid unveil India’s first private military aircraft plant

Indian Prime Minister Narendra Modi and his Spanish counterpart Pedro Sanchez inaugurated…

Pakistan Stock Exchange Hits Historic 90,000-Point Milestone on Investor Optimism

The Pakistan Stock Exchange (PSX) made history as the KSE-100 index surged…

Pakistan decides against taking loan from commercial bank at 11% interest rate

Pakistan has ‘decided’ against taking loans from commercial bank at higher interest…

US buys 6 million barrels of oil for Strategic Petroleum Reserve

The US has bought 6 million barrels of oil for the Strategic…

Pakistan, China ink MoU for gas exploration

Pakistan’s Oil & Gas Development Company (OGDCL) has signed an MOU with…

Oil prices surge over Middle East tensions

Oil prices jumped Monday over escalating Middle East tensions while stock markets…

Govt initiates process for discos privatisation

The federal government on Thursday formally initiated the privatising process of power…

Pakistani rupee gains Rs 0.16 against US dollar

Pakistani rupee (PKR) on Friday continued its recovery and appreciated by Rs…

Shell in talks to sell fuel stations to Saudi Aramco

Energy giant Shell is in talks with Saudi Arabia’s state-owned Saudi Aramco…

McDonald’s set to report drop in sales growth

McDonald’s is set to report a sequential drop in sales growth for…

Govt raises sales tax on CNG supply

The federal government has raised the sales tax on compressed natural gas…

Pakistan repays $1 bln in Eurobonds

Pakistan has repaid $1 billion in Eurobonds as a scheduled payment ahead…

Inflation results in business decline during Eid-ul-Fitr: Atiq Mir

Traders in Karachi have termed the Eid-ul-Fitr season of 2024 as the…

NEPRA notifies Rs4.92 per unit hike

The National Electric Power Regulatory Authority (NEPRA) on Monday notified an increase…

Hyundai, Kia to partner with India’s Exide on batteries

Hyundai Motor and Kia on Monday signed a memorandum of understanding with…

McDonald’s to buy Israel franchise from owner Alonyal

McDonald’s is buying its 30-year-old Israel franchise from Alonyal, taking back ownership…

Eidul Fitr 2024: Pakistan Railways to ‘slash’ train fares

Pakistan Railways Chief Executive Officer Amir Baloch on Thursday said that the…

GSK settles another lawsuit on Zantac

GSK agreed to confidentially settle another lawsuit in California that had alleged…

Pakistan’s weekly inflation hits 30.68pc

The Pakistan Bureau of Statistics (PBS) on Friday reported that the weekly…

Pakistan’s foreign reserves stand at US$13,097.8m: SBP

The foreign exchange reserves held by the State Bank of Pakistan (SBP)…