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Pakistan, Saudi Arabia announce new economic framework to deepen ties

Pakistan, Saudi Arabia announce new economic framework to deepen ties

Prime Minister Shehbaz Sharif and Saudi Crown Prince Mohammed bin Salman agreed to launch an “Economic Cooperation Framework” based on…
Pakistan and China join hands for Quantum Technology under SIFC

Pakistan and China join hands for Quantum Technology under SIFC

SLAMABAD: Pakistan is moving forward on the tech highway with China as the two countries signed a memorandum of understanding…
Pakistan receives first-ever shipment of US crude oil following trade deal

Pakistan receives first-ever shipment of US crude oil following trade deal

KARACHI: Pakistan’s energy sector received its first-ever shipment of US crude oil, carrying one million barrels, on Wednesday, nearly three…
Sui Northern wants OGRA to increase gas tariff

Sui Northern wants OGRA to increase gas tariff

ISLAMABAD: Sui Northern Gas Pipelines Limited (SNGPL) has requested the Oil and Gas Regulatory Authority (OGRA) to increase the price…
Pakistan Stock Market swings wildly, closes in the red

Pakistan Stock Market swings wildly, closes in the red

KARACHI: The Pakistan Stock Exchange (PSX) witnessed a rollercoaster session on Tuesday as early gains turned into heavy losses by…
Ali Pervez Malik holds key meetings in Bangladesh to boost bilateral cooperation

Ali Pervez Malik holds key meetings in Bangladesh to boost bilateral cooperation

DHAKA: Federal Minister for Petroleum Ali Pervez Malik held a series of high-level meetings in Dhaka with senior Bangladeshi officials…
GCF approves $250 million for ADB’s Glacier to Farms program

GCF approves $250 million for ADB’s Glacier to Farms program

MANILA: The Green Climate Fund (GCF) has approved $250 million for Glaciers to Farms—a flagship adaptation program led by the…
Oil edges up on US crude inventory draw

Oil edges up on US crude inventory draw

Oil prices edged up on Wednesday morning after three straight days of declines, with market sources citing a decline in…
Gold prices surge again after two-day pause

Gold prices surge again after two-day pause

KARACHI: After a two-day pause, gold prices rose again in both international and local markets today. In the international bullion…
Saudi Arabia extends $1bln oil facility, $5bln deposits to Pakistan

Saudi Arabia extends $1bln oil facility, $5bln deposits to Pakistan

Pakistan’s economy received a significant boost from Saudi Arabia, which has agreed to provide a $1 billion oil facility this…
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