Saudi oil firm Aramco likely to delay IPO after attacks: report
Saudi Arabia officials are discussing delaying Aramco's initial public offering as attacks on the company’s oil facilities have drastically reduced their output,...
POL prices may surge by up to Rs8 from Oct 1
The prices of petroleum products in Pakistan are likely to go up by up to Rs12 in the next two months owing...
‘500MW solar power plant to be set up in Balochistan’
ISLAMABAD: Power Division Minister Umar Ayub Khan has said that a 500-megawatt solar power plant would be set up in Balochistan with...
Govt urged to remove tax anomalies in SEZs
ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) has urged the government to remove tax anomalies in the Special Economic Zones (SEZs),...
Oil surges 20pc after Saudi attack, softens on stockpile hopes
SINGAPORE/LONDON: Oil prices surged nearly 20pc at one point on Monday, with Brent crude posting its biggest intraday gain since the Gulf War...
Interest rate remains unchanged at 13.25pc
Taking a pause from a series of hikes, the State Bank of Pakistan's on Monday left its main policy rate unchanged at...
Bullish trend prevails as KSE-100 closes 447 higher
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a positive start to the trading week, as the indices headed north as soon as...
Secretaries ask PM to consider under trial officers for promotion
ISLAMABAD: Bureaucrats have proposed to Prime Minister Imran Khan to allow promotion of civil servants whose cases are pending in any investigation...
Cabinet may approve amendments in NAB law during this week
ISLAMABAD: Owing to possible action against the ruling elite, federal cabinet members have convinced Prime Minister Imran Khan to change the rules...
SBP to announce new monetary policy today
The State Bank of Pakistan (SBP) is scheduled to announce the Monetary Policy Rate for the next two months, on September 16,...
Metro Bus fare policy results in drastic decrease in commuters
ISLAMABAD: The government’s Metro Bus fare policy in Lahore and Rawalpindi/ Islamabad has backfired as there has been a drastic decrease in...
Round-the-clock trade with Afghanistan to start through Torkham terminal next week
ISLAMABAD: Arrangements have been made by the The National Logistics Cell (NLC) and the Khyber Pakhtunkhwa government to start round-the-clock trans-border trade...
Oil may reach $100 per barrel after Saudi attack: analysts
LONDON: The oil market will rally by $5-10 per barrel when it opens on Monday and may spike to as high as...
Saudi, Gulf stocks plummet after attacks on Aramco oil plants
DUBAI/RIYADH: Saudi stocks fell sharply on Sunday, after attacks on two plants at the heart of the kingdom’s oil industry a day...
Regional headquarters of over 700 multinational corporations located in Shanghai
SHANGHAI: A total of 701 multinational corporations have established regional headquarters in Shanghai by the end of August, according to the municipal...