IMF concerned about Pakistan missing revenue target, performance at FATF

---Fund’s delegation to discuss energy prices, privatisation of state-owned enterprises ISLAMABAD: The International Monetary Fund (IMF) is concerned over revenue shortfalls against set...

Ministry aggressively pursuing international gas pipeline projects to meet energy demand

The Ministry of Energy (MoE) has aggressively been pursuing the international gas pipeline projects to meet the energy needs of the country,...

Gold price falls Rs1,200 to stand at Rs86,600 per tola

Gold prices fell by Rs1,200 to Rs86,600 per tola in the local market on Saturday, a private media outlet reported. According to details,...

DISCOs raise power tariff by 70pc for Punjab export industry

LAHORE: The power distribution companies (DISCOs) have raised their electricity tariff for the export-oriented industries of Punjab, charging them up to Rs20 per...

‘Economic growth impossible without transparency’

LAHORE: Adviser to Punjab Chief Minister Dr Salman Shah said on Saturday that economic growth was impossible without transparent accountability and implementation of...

Pakistan, Uzbekistan agree to form JWG on energy

ISLAMABAD: In a meeting with Uzbekistan Ambassador Furqat Sidiqov, Power Division Minister Omar Ayub Khan asserted that Pakistan wanted to take benefit...

‘Pakistan’s biggest industrial estates to be set up in Layyah, Muzaffargarh’

LAHORE: A delegation of the Pak-American Business Council (PABC), led by its President Jamal Meer, met Punjab Industries and Trade Minister Mian Aslam...

Car dealers to go on strike over exorbitant import duties

The car dealers of Lahore are mulling to hold a strike on The Mall if both the provincial and federal governments fail...

PM tells economic team to come up with out-of-the-box solutions

ISLAMABAD: Prime Minister Imran Khan has asked his economic team to come up with some unconventional and out-of-the-box solutions for economic uplift and...

Market Weekly: Rupee strengthens, PSX up 3.3pc

Positivity prevailed at the Pakistan Stock Exchange (PSX) in the outgoing week with the KSE-100 Index gaining 1,014 points or 3.3pc to...

Saudi Arabia’s oil supply disrupted after drone attacks

DUBAI/LONDON: Saudi Arabia’s oil production and exports have been disrupted, said three sources familiar with the matter, after drone attacks on two...

ML-1 agreement likely to be signed in October: minister

LAHORE: Railways Minister Sheikh Rasheed Ahmed said on Saturday the agreement regarding the construction of the Main Line-1 (ML-1) was expected to be...

Recruitment of new trade officers on the cards

The Ministry of Commerce has decided to conduct interviews for the recruitment of new trade officers in foreign countries. According to a private...

Iran signs $440m deal with local firm to develop Gulf gas field

DUBAI: Iran signed a $440 million contract on Saturday with local company Petropars to develop the Belal gas field in the Gulf, Iranian...

PIA increases number of flights to Saudi Arabia

Pakistan International Airlines (PIA) has announced to increase the number of flights to Saudi Arabia, a private media outlet reported. In a statement...