Business

Pakistan eyes resuming Islamabad-Tehran-Istanbul freight train service this year

Pakistan eyes resuming Islamabad-Tehran-Istanbul freight train service this year

ISLAMABAD: Pakistan and Iran have agreed to resume the Islamabad-Tehran-Istanbul (ITI) freight train service this year, APP said, in their…
PSX extends gains as Saudi Arabia rolls over $3bn deposit for another year

PSX extends gains as Saudi Arabia rolls over $3bn deposit for another year

KARACHI: The Pakistan Stock Exchange (PSX) extended its gains on Friday, fueled by a surge in buying activity following Saudi…
Gold prices in Pakistan surge sharply after three-day decline

Gold prices in Pakistan surge sharply after three-day decline

KARACHI: Gold prices in Pakistan rebounced back strongly on Friday in both international and domestic markets, ending a three-day downward…
‘Air pollution draining $22bn a year from Pakistan’s economy’

‘Air pollution draining $22bn a year from Pakistan’s economy’

ISLAMABAD: Air pollution has been costing Pakistan $22 billion annually, an amount equal to 6.5% of the national gross domestic…
Saudi Arabia extends $3 billion deposit in Pakistan for another year

Saudi Arabia extends $3 billion deposit in Pakistan for another year

LAHORE: Saudi Arabia has extended a $3 billion deposit placed in the State Bank of Pakistan’s (SBP) account for another…
External debt growth halted; debt-to-GDP ratio falls to 26pc

External debt growth halted; debt-to-GDP ratio falls to 26pc

KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmad has revealed that Pakistan’s external debt has not increased since 2022,…
China’s Xi and France’s Macron pledge cooperation on global crises and trade

China’s Xi and France’s Macron pledge cooperation on global crises and trade

BEIJING: China and France pledged deeper cooperation on global issues like the war in Ukraine and trade, as France prepares…
Pakistan’s business confidence rises to +22pc, new investor survey shows

Pakistan’s business confidence rises to +22pc, new investor survey shows

KARACHI: Pakistan’s business confidence has risen sharply to +22%, an 11-point jump from the previous survey cycle, according to the…
SMEDA launches certification program to help Pakistani SMEs compete globally

SMEDA launches certification program to help Pakistani SMEs compete globally

ISLAMABAD: The Small and Medium Enterprises Development Authority (SMEDA) has launched the SME Certification & International Accreditation Grant Program to…
PSX experiences range-bound trading as investors assess economic developments

PSX experiences range-bound trading as investors assess economic developments

KARACHI: Pakistan Stock Exchange (PSX) has witnessed cautious trading on Thursday ahead of a meeting of the International Monetary Fund…
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