FIA recovers Rs7bn in 2019, PM’s aide claims

ISLAMABAD: Prime Minister's Special Assistant (SAPM) on Accountability Shahzad Akbar on Friday announced that the Federal Investigation Agency (FIA) has recovered Rs7...

PIC reopens after lawyers’ attack, suffers Rs70m loss

LAHORE: The Punjab Institute of Cardiology (PIC) reopened on Friday night, two days after a mob of violent lawyers attacked the hospital,...

Pakistan’s performance on track, IMF says ahead of Dec 19 meeting

The International Monetary Fund (IMF) has said that Pakistan met all prior actions and performance criteria under the $6 billion programme. "The IMF...

PIA records Rs32.7bn loss in first half of 2019

KARACHI: Pakistan International Airline (PIA) and its subsidiary, PIA Investments Limited, continue to bleed massively due to a variety of reasons, ranging...

Oil hits three-month high as trade hopes, UK election lift sentiment

LONDON: Oil rose to its highest in nearly three months on Friday as progress in resolving the US-China trade dispute and a...

PM postpones Jalalpur Canal foundation laying till 26th

PM Imran refuses to lay foundation stone until 'amicable solution to land acquisition issues'

Energas to start Pakistan’s largest LNG import terminal in 2021

Energas aims to begin construction of the $160m facility next year

Tania Aidrus, Razzak Dawood discuss digitalisation initiative

ISLAMABAD: Tania Aidrus, head of the newly launched Digital Pakistan Initiative, held a meeting with Adviser to Prime Minister on Commerce Abdul Razzak...

US sets China trade deal terms, sources say, but Beijing mum

WASHINGTON/BEIJING: Washington has set its terms for a trade deal with China, offering to suspend some tariffs on Chinese goods and cut others...

Germany to provide €12.5m for GB uplift projects

Pakistan and Germany have signed the financing agreement for Hydropower and Renewable Energy Phase-II worth Rs2.14 billion. Economic Affairs Secretary Dr Syed Pervaiz...

Artists urge IPO to follow NAB’s footsteps to curb piracy

ISLAMABAD: The country's film industry has urged the Intellectual Property Organization (IPO)-Pakistan to follow the National Accountability Bureau (NAB) in its drive against...

Pakistan, World Bank sign $406.6m loan agreement for KPEC

'Khyber Pass Economic Corridor Project aims to construct a 48km-long, dual carriageway, access-controlled motorway from Peshawar to Torkham'

KSE-100 gains 402 points as bourse turns bullish

KARACHI: Bullish sentiments prevailed at the Pakistan Stock Exchange (PSX) on Friday, as the indices remained positive throughout the session, helping the...

Pakistan moving towards economic stability under Imran’s leadership: Firdous

ISLAMABAD: Special Assistant to Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan on Friday said that under the leadership of...

Sindh govt to bring 2.4m Karachi housing units into tax net

KARACHI: The Sindh government is all set to bring at least 2.4 million new housing units into the tax net by conducting...