‘SECP recognised as 7th most effective regulator in world’
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has been recognised as the "7th most effective regulator" by the World Economic Forum...
Abu Dhabi’s Etihad sets up low-cost airline with Air Arabia
DUBAI: Etihad Airways and Air Arabia are jointly setting up a low-cost carrier in Abu Dhabi to tap into the growing demand...
KSE-100 gains 197 points as Pakistan escapes FATF blacklist
KARACHI: Positive sentiments returned to the Pakistan Stock Exchange (PSX) on Wednesday following media reports that Pakistan has not been placed on...
Huawei’s revenue rises 24.4% in first three quarters of 2019
SHENZHEN: Huawei Technologies Co Ltd, the Chinese technology giant blacklisted by the U.S. government, said revenue grew 24.4 percent in the first...
$14.5 billion worth Saudi projects underway in Pakistan
ISLAMABAD: Work has started on $14.5 billion worth of Saudi energy and petroleum projects in Pakistan, Omar Ayub Khan, federal minister for...
IMF projects future economic parameters for Pakistan
ISLAMABAD: The International Monetary Fund (IMF) has projected Pakistan’s real GDP growth and inflation at 2.4 percent and 13 percent respectively for...
FBR seeks dollar procurement data from forex companies
KARACHI: The Federal Board of Revenue (FBR) has issued notices to at least 24 foreign exchange companies, seeking details of people who...
SBP issues framework to counter money laundering and terror financing
KARACHI: The State Bank of Pakistan (SBP) on Tuesday issued “Framework for Managing Risks of Trade Based Money Laundering and Terrorist Financing"...
Pakistan LNG cancels huge 10-year LNG tender
SINGAPORE: State-owned Pakistan LNG Limited has cancelled a tender to buy liquefied natural gas over a 10-year period and may turn to...
FBR says ‘striving hard’ to facilitate trade activities in Balochistan
ISLAMABAD: The Federal Board of Revenue (FBR) has especially posted a senior BS-21 officer of Pakistan Customs Service as Chief Collector of Balochistan with...
Govt launches ‘Durust Dam’ app in Islamabad to plug market manipulation
ISLAMABAD: The Islamabad administration has launched a mobile application, 'Durust Daam', to control price hike and difference of rates in the markets.
The...
HBL’s profit climbs to Rs8.4bn in Q3 2019
HBL on Tuesday declared a profit before tax of Rs8.4 billion in the third quarter of 2019, more than double over the...
Cabinet advised against reopening previous LNG agreements
ISLAMABAD: The Ministry of Law has advised the federal cabinet against the reopening of previous Liquefied Natural Gas (LNG) agreements.
According to sources privy...
‘Implementation of Pak-China FTA-II from December’
Adviser to PM on Commerce Abdul Razzaq Dawood has said the implementation on the much-awaited revised China-Pakistan Free Trade Agreement Phase 2...
Govt to reconcile exports’ figures amid discrepancies
ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) government is all set to reconcile exports' figures as it sees discrepancies in the calculation of various...