ECC constitutes committee to review cotton prices
ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh on Thursday chaired a meeting of the Economic Committee of...
UAE pulls WTO trade complaint against Qatar
ABU DHABI: The United Arab Emirates withdrew on Thursday a complaint it made to the World Trade Organization accusing Qatar of imposing discriminatory...
Ministry directed to expedite privatisation process of state-owned entities
ISLAMABAD: The Cabinet Committee on Privatisation (CCoP) has directed the Ministry of Privatisation to expedite the process of privatisation of the already approved...
Govt to return over $10bn foreign debt in current fiscal year, NA told
ISLAMABAD: Economic Affairs Minister Hammad Azhar on Thursday informed the National Assembly that the government would return over $10 billion foreign debt during...
Abraaj’s Naqvi sentenced to prison in absentia by UAE court
DUBAI: Arif Naqvi, founder of defunct Dubai-based private equity firm Abraaj Group, was sentenced in absentia to three years in prison by...
Not running away, says KIA Pakistan’s CEO, despite serious challenges
KARACHI: KIA Lucky Motors (KLM) CEO Asif Rizvi admits Pakistan is facing ‘very difficult times’ but at the same time he cited...
Double whammy for small car owners as FBR goes for ‘lifetime’ income tax
The Federal Board of Revenue (FBR) is making a move to get the owners of small cars paying lifetime tokens on their...
FBR sends notices to 228 shops
At least 228 shops have been asked by the Federal Board of Revenue (FBR) to register themselves with the with the tax...
Railways ministry asked to expedite matters related to ML-1 project
ISLAMABAD: The Parliamentary Committee on CPEC met on Wednesday (in-camera) at the Parliament House under the chairmanship of MNA Sher Ali Arbab to...
FIA arrests more accused in IESCO billing fraud probe
ISLAMABAD: The Federal Investigation Agency's Anticorruption Circle (Islamabad) has arrested three more accused in the Islamabad Electric Supply Company (IESCO) billing fraud...
Suspension of bilateral trade to hurt India more
ISLAMABAD: Pakistan's decision to suspend bilateral trade with India is likely to cost New Delhi around $1.891 billion per year.
According to sources in...
‘Exports surge 14.2pc, imports drop 18.3pc in July’
PM's adviser says he will visit Afghanistan on 20th to share the agenda of bilateral trade
ISLAMABAD: Adviser to Prime Minister on...
Weekly SPI inflation increases 0.81pc
ISLAMABAD: The weekly inflation for the combined income group witnessed an increase of 0.81pc as compared to the previous week.
The Sensitive Price Indicator...
Half-Year Results: MCB Bank posts 14pc growth in profit before tax
The bank maintains industry's highest quarterly payout of Rs4 per share
The Board of Directors of MCB Bank Limited met under...
Gold price jumps Rs1,750, reaches Rs86,250 per tola
ISLAMABAD: The price of 24-karat gold jumped by Rs1,750 and was traded at Rs86,250 per tola, as compared to the previous day's closing...