SBP allows financial institutions to outsource cloud-based services
KARACHI: The State Bank of Pakistan (SBP) on Monday allowed financial institutions to outsource hosting on the cloud to both domestic and...
Privatisation likely to fetch Rs100bn this year: Soomro
ISLAMABAD: Privatisation Minister Muhammadmian Soomro has said that the government is likely to earn Rs100 billion this fiscal year (FY21) through the...
FPCCI condemns propaganda against national institutions
KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Vice President Qaisar Khan Daudzai has condemned propaganda against national institutions "in...
Socio-economic uplift of tribal districts among govt’s top priorities: PM
--PM Imran performs groundbreaking of Timargarh-Khar-Mamad Gat Road in Bajaur, inaugurates Sheikh Mohammed Bin Zayed Road and Nahakki Tunnel in Mohmand
--Says govt...
Punjab PDWP approves six health-related projects worth Rs35.7bn
LAHORE: The Provincial Development Working Party (PDWP)-Punjab has approved six development schemes of various sectors at an estimated cost of Rs35,701.468 million.
Punjab...
POCO expands foothold in Pakistan with X3 release
LAHORE: POCO, the industry-redefining smartphone brand has launched its latest device: POCO X3 (NFC) in Pakistan. Tailored for young tech and gaming...
Minister vows to remove encroachments on railways land
KARACHI: Railways Minister Sheikh Rasheed Ahmed said on Monday that his ministry would use all available resources to remove encroachments on the...
Gulf nations desperate for higher oil prices
RIYADH: Despite claims that their economies can survive low oil prices, Gulf nations are grappling with a massive half-trillion-dollar budget deficit.
Gulf nations...
KP Finance Minister Taimur Jhagra tests positive for coronavirus
Khyber Pakhtunkhwa Finance and Health Minister Taimur Jhagra announced on Monday that he has gone into isolation after testing positive for the...
Energy markets on edge over Armenia-Azerbaijan conflict
BAKU/MOSCOW/YEREVAN: Military clashes between Armenia and Azerbaijan over the territory of Nagorno-Karabakh have not yet affected energy supplies from the region, but...
Stocks nosedive 960 points after Shehbaz’s arrest
KARACHI: The Pakistan Stock Exchange (PSX) witnessed bloodshed on Monday, with the KSE-100 Index plunging over 1,000 points intraday amid political unrest.
Global...
President Alvi stresses product diversification, branding to boost exports
ISLAMABAD: President Dr Arif Alvi said on Monday that it was about time for Pakistani products to make an impact with high-quality...
Mumuso launches flagship store at Lucky One Mall
KARACHI: Come experience how the fastest growing international lifestyle franchise MUMUSO is reshaping the face of the retail industry.
Mumuso has launched a...
ADB approves $300m loan to support Pakistan’s financial sector reforms
The Asian Development Bank (ADB) has approved a $300 million policy-based loan to help strengthen Pakistan’s finance sector by supporting measures to...
Mauritius buys 6,000 tonnes rice in tender from Pakistan
LAHORE: The state purchasing agency in Mauritius has purchased about 6,000 tonnes of long grain white rice to be sourced from India...