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Oil prices rebound after Trump comments on ‘armada’ moving to Iran spur supply worries

Oil prices rebound after Trump comments on ‘armada’ moving to Iran spur supply worries

PERTH: Oil prices rebounded on Friday after U.S. President Donald Trump renewed threats against major Middle Eastern producer Iran, raising…
World Bank warns of economic risks for Pakistan

World Bank warns of economic risks for Pakistan

KARACHI: The World Bank has cautioned that Pakistan faces heightened economic risks as regional conflicts, climate shocks and global financial…
Nestlé pumps $60M into Pakistan, eyes regional hub

Nestlé pumps $60M into Pakistan, eyes regional hub

Nestlé has announced a fresh investment of $60 million in Pakistan. The company plans to expand its operations and strengthen…
Fitch reaffirms Pakistan’s ‘B-‘ debt rating, assigns RR4 recovery outlook

Fitch reaffirms Pakistan’s ‘B-‘ debt rating, assigns RR4 recovery outlook

ISLAMABAD: Fitch Ratings has reaffirmed Pakistan’s long-term debt ratings at ‘B-’, maintaining the level it upgraded to in April last…
Govt borrows over Rs1.25 trillion in six months, official data shows

Govt borrows over Rs1.25 trillion in six months, official data shows

ISLAMABAD: The federal government borrowed Rs1.254 trillion in external loans during the past six months. According to official documents from…
Pakistan mulls space-based monitoring to support port expansion, maritime safety

Pakistan mulls space-based monitoring to support port expansion, maritime safety

Pakistan is considering the use of space-based monitoring systems to support port expansion, maritime safety and environmental protection, the country’s…
FBR revises customs values for used smartphones, PTA tax expected to drop

FBR revises customs values for used smartphones, PTA tax expected to drop

The Directorate General of Customs Valuation Karachi, operating under the Federal Board of Revenue (FBR), has announced updated customs values…
Government borrows at single-digit interest rates for first time in 4 years

Government borrows at single-digit interest rates for first time in 4 years

After four years of higher borrowing costs, the government has successfully secured loans from the banking sector at interest rates…
Gold prices fall by Rs800 per tola

Gold prices fall by Rs800 per tola

ISLAMABAD: Gold prices registered a decline in the local market on Thursday as the price of 24-karat gold per tola…
Oil edges up after Trump steps backs from tariff threats over Greenland

Oil edges up after Trump steps backs from tariff threats over Greenland

BEIJING: Oil prices edged up on Thursday after the U.S. president stepped back from threats to impose tariffs in his…
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