World Bank assures Pakistan of continued assistance for reforms
ISLAMABAD: The World Bank (WB) has agreed to enhance assistance for Pakistan to support the ongoing reforms, besides balancing a mix between...
Punjab PDWP approves Rs3.2bn infrastructure projects
LAHORE: The Provincial Development Working Party (PDWP)-Punjab has approved five development schemes of various sectors at an estimated cost of Rs3,229.876 million.
These...
LCCI demands early compensation for Hafeez Centre inferno affectees
LAHORE: The Lahore Chamber of Commerce & Industry (LCCI) on Monday gave an SOS call to the government for early compensation to...
ECC forms eight-member committee to evaluate wheat support price
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has formed an eight-member committee to evaluate the proposal for an increase in...
DRAP notifies up to 35pc hike in prices of 253 medicines
LAHORE: The Drug Regulatory Authority of Pakistan (DRAP) on Monday increased prices of 253 medicines by up to 22 to 35 per...
Stocks manage modest gains despite political noise
KARACHI: The Pakistan Stock Exchange (PSX) commenced the week on a positive note, as indices traded in green for the most part of...
KP Industry dept wasting budget for development in tribal districts
PESHAWAR: The Khyber Pakhtunkhwa (KP) Department of Industries did not spend a single rupee of the Rs930 million allocated in the current...
Healthtech startup MedznMore claims raising Pakistan’s largest seed round of $2.6m
LAHORE: Karachi-based health-tech startup MedznMore Sunday claimed to have raised $2.6 million in seed round for its medicines and healthcare products delivery...
HUBCO to issue Shariah-compliant Sukuks to meet ongoing capital requirements
KARACHI: The Hub Power Company (Hubco) Limited through its wholly-owned subsidiary, Hub Power Holdings Limited, is in the process of finalising issuance...
Top US economist lauds Pakistan’s handling of pandemic
NEW YORK: A former United States Treasury Secretary and a top economist has praised Pakistan’s strategy to combat the coronavirus pandemic, saying...
Gold imports plunge 73pc in Q1FY21
ISLAMABAD: The import of gold into the country witnessed a decline of 73.04pc during the first quarter (Q1) of the current fiscal...
Sheikh denies sexual assault claim after UK literary festival announces end of events in UAE
ABU DHABI: An Abu Dhabi minister has denied claims that he sexually assaulted a staff member at a British literary festival in...
‘Bad math’: Airlines’ Covid safety analysis challenged by expert
PARIS: A campaign by coronavirus-stricken aviation giants to persuade the world it’s safe to fly has been questioned by one of the...
Covid-19 may inflict a decade of economic pain to Mideast, Central Asia: IMF
DUBAI: It might take countries in the Middle East and Central Asia a decade to return to the economic growth seen before...
OPEC+ to discuss weakening oil demand outlook
LONDON: Oil producer group OPEC+ will meet on Monday to discuss the weakening demand outlook in the face of rising coronavirus infections...