Oil prices find some support after heavy losses on US recession fears

Oil prices rose slightly on Thursday, finding some support after heavy losses…

Gold hits all-time high in Pakistan

Gold prices hit another all-time high in Pakistan on Wednesday as the…

Pakistan receives $7.8bn in foreign assistance in FY23

A report from the Economic Affairs Division showed that Pakistan received $7.76…

Pakistan places first order for discounted Russian crude oil

Pakistan has placed its first order for discounted Russian crude oil under…

Pakistan’s current account in surplus

Pakistan’s current account posted a surplus of $654 million in March after…

UAE’s investments in Brazil reach $5 billion

The UAE’s investments in Brazil rose to $5 billion as the Emirates…

Gold price soars to record high

Gold prices in Pakistan jumped to an all-time high on Friday, days…

Apple to use 100% recycled cobalt in batteries

Apple said that it would use 100 percent recycled cobalt in all…

Dubai issues law for operating autonomous vehicles

Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, issued a…

SBP foreign reserves decline

Foreign exchange reserves held by the State Bank of Pakistan (SBP) fell…

Oil prices fluctuate after two-day rally

Oil prices fluctuated on Thursday after a two-day rally as traders looked…

Financial instability overshadows IMF growth forecast

The International Monetary Fund trimmed its forecast for global growth this year…

Elon Musk cuts about 80% of Twitter’s staff

Elon Musk laid off more than 6,000 people at Twitter since taking…

Kazakhstan takes global majors to court over oilfield revenues

Kazakhstan on Tuesday said it had begun international arbitration court proceedings against…

Remittances hit 7-month high in March

Remittances sent home by overseas Pakistanis touched a seven-month high at $2.5…

World Bank raises global growth forecast

The World Bank revised its 2023 global growth forecast slightly upwards to…

Ukraine resumes electricity exports

It emerged that Ukraine would resume exporting electricity after a six-month gap…

SFD signs million dollars loan agreement to support Mohmand Dam

Pakistan and Saudi Arabia on Friday reached an agreement under which the…

Russian rouble suffers worst week against US dollar

The Russian rouble suffered its worst week against the dollar this year,…

Eidul Fitr: Markets allowed to remain open till 1am

The Lahore High Court (LHC) on Friday allowed markets to remain open…

Rupee puts major dent in dollar

Rupee on Thursday turned tables on the US dollar, strengthening by over…

Saudi Arabia assures IMF of billion dollars deposits to Pakistan

The International Monetary Fund (IMF) has confirmed that it has received confirmation…

Naveed Qamar rules out shortage of sugar in Pakistan

Minister for Commerce Naveed Qamar on Wednesday ruled out the shortage of…

Virgin Orbit files for bankruptcy

Virgin Orbit filed for bankruptcy after the company founded by the British…

Pakistani rupee reaches all-time low against US dollar

Pakistani rupee continued to depreciate steeply against the United States (US) dollar…

SBP likely to raise interest rate to unlock IMF loan programme

State Bank of Pakistan (SBP) is likely to raise the interest rate…

Ishaq Dar to visit US, attend spring meetings of IMF, World Bank

Pakistan’s Finance Minister Ishaq Dar will visit the United States from April…

Petrol, diesel prices to remain unchanged: Dar

Finance Minister Ishaq Dar has announced that the prices of petrol and…

UAE-Pakistan’s pharmaceutical sector to work together

Islamabad: A delegation from the United Arab Emirates, led by the chairman…

Plunging coca prices create ‘humanitarian emergency’ in Colombia

Bogotá: Farmers in parts of Colombia say sales of coca, the raw…