Engro Polymer & Chemicals Ltd. initiates IPO listing
LAHORE: Engro Polymer & Chemicals Limited has successfully undertaken the Initial Public Offering of its Preference Shares. The public subscription was held...
Pakistan LNG seeks two cargoes for April delivery
SINGAPORE: Pakistan LNG is seeking two liquefied natural gas (LNG) cargoes for delivery in April, a tender document posted on the company...
Pakistan to purchase 1.2m Covid-19 vaccine doses from China’s Sinopharm
ISLAMABAD: Pakistan will purchase 1.2 million Covid-19 vaccine doses from China’s Sinopharm, a minister said on Thursday, the first official confirmation of...
US slaps tariffs on French and German wines, aircraft parts amid EU dispute
WASHINGTON: The US government on Wednesday said it would raise tariffs on certain European Union products, including aircraft components and wines from...
Covid-19 shook, rattled and rolled the global economy in 2020
MONTREAL: When 2020 dawned, the global economy had just notched its 10th straight year of uninterrupted growth, a streak most economists and...
Emergency cash calls, tech IPO frenzy push 2020 banker fees to record high
MONTREAL: Emergency corporate fundraising and a clamour for tech stock market listings pushed equity capital market volumes to over $1 trillion in...
Silkbank launches visa contactless credit cards
LAHORE: Silkbank Limited, a dominant player with a substantial market share in the credit cards industry, announced the successful launch of its...
SCCI laments commercial banks’ declaration of KP as ‘red zone’
PESHAWAR: Commercial banks have declared Khyber Pakhtunkhwa (KP) as a 'red zone’ due to lack of facilitation and provision of loans to...
SECP warns public against fake investment entities
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued a public warning to refrain from investing in any fraudulent investment...
KP govt to relocate Warsak, Shabqadar marble units to Mohmand Economic Zone
PESHAWAR: The Khyber Pakhtunkhwa (KP) government has decided to relocate marble factories at Warsak Road and Shabqadar tehsils to the Mohmand Economic...
Pakistan, UAE working on new economic roadmap
ISLAMABAD: Pakistan and the UAE are working on a new economic roadmap to boost bilateral trade volume and establish joint ventures between...
HBL, Dolmen Group partner to expand accessibility of premium real estate
KARACHI: HBL Islamic Banking and Dolmen Group had entered into a strategic partnership last month, as per which, they are to provide...
Govt orders probe into automotive firms’ failure in production
ISLAMABAD: The federal cabinet has asked the Ministry of Industries and Production (MoIP) to probe the failure of automotive firms in increasing...
Petrol price likely to go up by Rs2.96/litre
ISLAMABAD: Fuel prices in the country are likely to be raised by over Rs3 per litre with the start of 2021.
According to...
Oil prices up as dollar, US oil inventories fall
LONDON: Oil gained ground on Wednesday on the back of a weaker dollar, a decline in U.S. crude oil inventories and as...