Pakistan receives $2.3bn in foreign loans in 4MFY20
ISLAMABAD: Pakistan received $2.3 billion loan from foreign donors in the first four months (July-Oct) of the current fiscal year (FY20).
As per...
Mukesh Ambani gears up to buy Air India
The BJP government is all set for a second attempt to sell India's national carrier Air India and Mukesh Ambani-led Reliance Industries...
Saudi Aramco IPO gets $44.3bn in bids so far
RIYADH: Saudi Aramco has received bids for its shares totalling $44.3 billion so far, lead manager Samba Capital said on Friday, putting...
German envoy apprised of opportunities in power, petroleum sectors
ISLAMABAD: Pakistan's energy sector is flourishing like never before, as it is offering around $60 billion worth of investment opportunities in its...
BMW, Great Wall to build new China plant for electric cars
MUNICH: BMW and its partner Great Wall Motor said they plan to build a plant in China with a capacity of 160,000...
KSE-100 extends rally, rises 581 points
KARACHI: Stocks continued with the positive momentum on Friday, as the indices drove north right from the beginning, helping the benchmark KSE-100 Index...
OGRA proposes nominal decrease in POL prices
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has proposed a nominal decrease in the prices of petroleum products for the month...
Approval given for TPL Trakker to be listed on PSX
KARACHI: The Board of Directors of TPL Trakker Limited (TPLT) has accorded its approval for the listing of the company on the...
Pakistan to issue $1bn worth of Panda bonds starting next year
KARACHI: The country is planning on issuing the first of its Chinese Yuan bond, also known as the Panda bond, in the...
Banks to share client details with tax authorities
KARACHI: Banks have agreed to reveal details of their account holders to tax authorities in a deal inked this week to check...
Direct flights between Azerbaijan and Pakistan to start next year: Ambassador
PESHAWAR: Direct flights between Azerbaijan and Pakistan would start next year, which would help strengthen bilateral trade and economic relations as well as...
Asad directed to ensue first SEZ groundbreaking under CPEC by end of calender year
ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Asad Umar has directed to ensure the groundbreaking of the first Special Economic...
Polish ambassador for further enhancing trade ties with Pakistan
ISLAMABAD: Poland is interested in further enhancing bilateral trade with Pakistan as the two countries have good potential to trade many goods with...
Saudi Aramco IPO’s retail tranche oversubscribed
RIYADH: The retail portion of Saudi Aramco’s initial public offering (IPO) has been oversubscribed, with orders reaching 38.1 billion Saudi riyals ($10.2...
Proposals regarding duty-free import of hybrid cars opposed
ISLAMABAD: The Ministry of Overseas Pakistanis and Human Resources Development (MOPHRD) recently made a controversial proposal, allowing the overseas Pakistanis to import...