Pakistan raises $500 million through Islamic syndicated loan

DUBAI: The government of Pakistan has raised $500 million through an Islamic syndicated loan provided by a consortium of 12 banks, it...

CCP conducts study on Pakistan’s undocumented flour chain

'Govt should not negotiate with PFMA on wheat prices; it should instead fix the price based on independent analysis of market'  ISLAMABAD:...

OGDCL injects eight new oil and gas wells in production system

ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL) has injected eight new wells, producing 226,862 barrels crude oil and 3,288 million cubic...

PM chose IMF deal despite alternate solution: Asad Umar

Asad Umar has revealed that Prime Minister Imran Khan was provided with an alternative solution to deal with the country’s financial crunch...

PIA forms committee to review fake degree cases 

ISLAMABAD: The Pakistan International Airline (PIA) has constituted a five-member committee, under the chairmanship of Air Vice Marshal Noor Abbas, to review...

Trump, Johnson eye ‘substantial’ trade deal in first call

WASHINGTON: President Donald Trump said late Friday he had spoken by phone with new British Prime Minister Boris Johnson and that discussions on...

No new train to be launched until ML-1 completion: minister 

'Issues pertaining to train timings will be settled by the end of next month' LAHORE: Railways Minister Sheikh Rasheed Ahmad said on...

FPCCI hails govt for releasing stuck-up refund claims

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Engr Daroo Khan Achakzai has appreciated the government for fulfilling its...

Apple will face tariffs on components imported from China: Trump

President Donald Trump warned Friday that he would snub Apple's requests for tariff exemptions on device components imported from China, as he...

China’s Iran oil imports plunge as US sanctions bite

BEIJING/SINGAPORE: China's crude oil imports from Iran sank almost 60pc in June from a year earlier, Chinese customs data showed on Saturday,...

WhatsApp to launch digital payments service in India

Messaging giant WhatsApp plans to launch its first payment service this year in India, its biggest market with 400 million users, the...

PCJCCI holds seminar on recent taxation measures  

LAHORE: Tax is a basic instrument of the fiscal policy, which is useless if it does not play a significant role in maintaining...

Huawei rolls out 5G phone and flags first Hongmeng device

HONG KONG: Huawei Technologies on Friday released its first 5G phone in China and said it would soon launch smart TVs equipped with...

PM reiterates govt’s commitment to investor facilitation

ISLAMABAD: Prime Minister Imran Khan said on Friday that the government was committed to providing an enabling environment to the investors so that...

IMF appreciates Pakistan’s resolve to revive economy

Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh and State Bank of Pakistan Governor Reza Baqir had an...