Oil eases as high US oil stocks outweigh weak dollar
LONDON: Oil prices edged lower on Thursday as a weaker dollar, which usually boosts oil prices, was outweighed by concerns about rising...
Emirates offers pilots, cabin crew four months unpaid leave
DUBAI: Emirates airline is offering some pilots and cabin crew up to four months of unpaid leave, as it strives to manage...
PC approves transaction structures for Jinnah Convention Centre, First Women Bank
ISLAMABAD: The Privatisation Commission (PC) on Wednesday approved transaction structures of four entities, including Jinnah Convention Centre (JCC) and First Women Bank...
IMF increases annual financing limit for countries amid pandemic
WASHINGTON: The International Monetary Fund (IMF) has temporarily increased the amount of financing which the member countries can request in an year...
IHC stays new recruitment in PTDC
ISLAMABAD: The Islamabad High Court (IHC) on Wednesday issued a stay order against new recruitment process in the Pakistan Tourism Development Corporation...
PM stresses comprehensive planning to meet gas requirements
SAPM Nadeem Babar asked to hold consultations with energy experts to find a durable solution to gas-related matters
Planning Commission reaffirms commitment to mitigating Covid-19
PC to provide Rs70bn for Covid-related programmes in FY21
AIIB approves $250m loan for Pakistan’s Covid-19 economic response
The Asian Infrastructure Investment Bank (AIIB) on Wednesday announced that its Board of Directors have approved a loan of $250 million to...
China’s satellites help Pakistan monitor locusts
BEIJING: China Meteorological Administration (CMA) has released special reports on remote sensing data of locust attacks in Pakistan, which according to media reports,...
ECC approves markup subsidy for Naya Pakistan Housing Authority
'End-user markup rate on housing units measuring up to five marlas will be 5pc for the first five years and 7pc for the next five years'
KP businessmen urge FBR to accelerate tax refund process
PESHAWAR: The business community on Wednesday urged the Federal Board of Revenue (FBR) to accelerate the tax refund process and refrain from...
Oil falls as inventories rise and US-China tensions escalate
LONDON: Oil prices fell on Wednesday as industry data showed a bigger than expected rise in US inventories and as tensions escalated...
Planning ministry recommends Rs2.45bn for Ten Billion Tree Tsunami Programme
ISLAMABAD: The Ministry of Planning, Development and Special Initiatives has recommended the release of Rs2.45 billion out of the total allocation of...
SBP goes green, expands renewable energy refinance scheme
KARACHI: In an attempt to encourage clean energy in the country, the State Bank of Pakistan (SBP) has enhanced the scope of...
Stocks manage modest gains in range-bound trading
KSE-100 closes higher by 104.30 points at 37,804.61