Aramco to announce IPO ‘very soon’: chairman
RIYADH: Saudi Arabia's energy giant Aramco will announce its long-awaited stock market debut "very, very soon," its chairman said on Monday.
Aramco has...
Partial US-China trade deal only ‘baby step’ as thorny issues remain
A partial US-China deal may only offer a temporary tariff reprieve because it lacks specifics and leaves the thorny issues for later,...
High tariffs bar textile manufacturers from using imported raw materials: WB
KARACHI: Pakistan’s reliance on local raw materials as opposed to imported artificial fibres for textile and apparel production has been linked to...
Govt to meet Turkmenistan officials to discuss TAPI pipeline
ISLAMABAD: High officials of Pakistan and Turkmenistan are set to meet next week to hold negotiations for removing all impediments and setting...
Auto sector’s dismal situation to continue in October
KARACHI: After a steep 39 percent overall fall in car sales during the first quarter of the current fiscal year, the worsening...
Global risk ‘confluence,’ as tariffs, Brexit, weaker forecasts collide
WASHINGTON: Higher tariffs. Slower growth. The countdown to Brexit.
Halloween is still two weeks off but a witching hour for the global economy could...
Tile manufacturers demand level playing field as govt facilitates foreign investors
ISLAMABAD: As new Chinese companies are making investments in Pakistan's tiles and ceramics sector, the local industry has voiced its concerns over...
No deadlock between traders and FBR: Shabbar Zaidi
There is no deadlock between the traders and the Federal Board of Revenue (FBR) over the fixed tax issue, said FBR Chairman...
Technical teams formed to address development-related hiccups
The government's economic team has entrusted the technical teams from the Economic Affairs Division, Planning Commission and the World Bank to chalk...
China, Pakistan agree to expedite work on CPEC’s western route
Pakistan and China have decided to expedite development work on the western route of the China-Pakistan Economic Corridor (CPEC), a private media...
Facebook’s Libra currency abandoned by major financial companies
Facebook Inc's ambitious efforts to establish a global digital currency called Libra has suffered severe setbacks, as major payment companies including Mastercard...
Govt urged to realise country’s tourism potential
ISLAMABAD: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Engr Daroo Khan Achakzai said on Saturday that Pakistan could cope with...
Tough economic reforms bearing fruits: Dr Hafeez Shaikh
'Govt did not borrow any money from SBP and refrained from releasing any supplementary grant in order to maintain fiscal discipline'
...
Minister vows to end railways’ deficit in three years
LAHORE: Railways Minister Sheikh Rasheed Ahmad said on Saturday that the railways' deficit would be ended completely within three years instead of the...
China agrees to tackle India’s trade deficit
MAMALLAPURAM: Chinese President Xi Jinping and Indian Prime Minister Narendra Modi agreed at a summit on Saturday to set up a high-level...