Saudi Aramco IPO’s institutional tranche more than twice oversubscribed
RIYADH: Institutional investors have put in 144.1 billion riyals ($38.4 billion) worth of bids for Saudi Aramco’s planned initial public offering (IPO), equivalent...
Zameen.com to hold Pakistan Property Show in Dubai on Dec 6, 7
LAHORE: Pakistan's largest real estate portal, Zameen.com, has announced its decision to hold another massive edition of the ‘Pakistan Property Show’ –...
PM satisfied with economic progress
ISLAMABAD: Prime Minister Imran Khan on Monday expressed satisfaction over Pakistan’s current economic situation, saying that progress on development projects would accelerate...
FM Qureshi discusses bilateral trade with Lankan counterpart
COLOMBO: Foreign Minister Shah Mehmood Qureshi met with his newly appointed Sri Lankan counterpart Dinesh Gunawardena in Colombo on Monday to discuss...
KSE-100 surges 836 points amid upbeat economic outlook
KARACHI: The Pakistan Stock Exchange (PSX) opened the week with a boom as the indices rallied amid improved economic indicators. Foreign investors offloaded...
Saudi Arabia wants OPEC+ to deepen oil cuts due to Aramco IPO
DUBAI/LONDON/MOSCOW: OPEC and its allies plan to deepen oil cuts and have the deal in place so it runs at least until...
Continued myopia on energy policy
Long term policy planning is hardly something that the government of Pakistan is known for. Indeed, the short-termism is what often lands...
China to use drug bulk-buy programme to close price gap
BEIJING: China will use its national drug bulk-buy scheme to lower the price of drugs currently sold at higher prices compared with...
Govt announces slight reduction in petroleum prices
The government on Saturday night decreased the prices of petroleum products for the month of December.
The decision was made keeping in view...
Malaysia to examine ringgit’s fall as import costs sting: Mahathir
KUALA LUMPUR: Malaysia's government will discuss a depreciation of the ringgit that is making imports more expensive and raising living costs, Prime Minister...
FBR fails to meet revenue target as deficit reaches Rs214bn
Shabbar Zaidi says revenue collection in 5MFY20 is 17pc higher compared to last year
Cutlery exports increase 9pc in 4MFY20
ISLAMABAD: Cutlery exports from the country witnessed an increase of 9.32pc during the first four months of the current financial year (FY20),...
International stocks to outperform US in 2020: investors
NEW YORK: Even though the US stock market continues a record-breaking rally that has sent the benchmark S&P 500 index up nearly...
Easy loans to farmers, SMEs among govt’s top priorities: PM
--PLRA, banks sign agreement to reduce procedural difficulties faced by farmers in getting access to credit
--As per agreement, agri loan processing time...