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Oil rises as uncertainty mounts over lasting US-Iran truce

Oil rises as uncertainty mounts over lasting US-Iran truce

Oil ​prices rose on Friday as the prospect of a lasting truce between the US and ‌Iran was clouded after…
ADB okays $700m loan to support insurance sector reforms in Pakistan

ADB okays $700m loan to support insurance sector reforms in Pakistan

The Asian Development Bank (ADB) has approved a $700 million policy-based loan to support reforms aimed at strengthening insurance in…
Trade resumes as Iran-Pakistan business visas reinstated after one year

Trade resumes as Iran-Pakistan business visas reinstated after one year

Pakistan has restored the trade visa facility at the Taftan border for traders, marking the resumption of an important cross-border…
One Homes welcomes Kobi Karp and Jolie to landmark Lahore West development

One Homes welcomes Kobi Karp and Jolie to landmark Lahore West development

LAHORE: Pakistan – One Homes, Pakistan’s fastest-growing premium residential developer, has confirmed two landmark design appointments for its upcoming Lahore…
Pakistan brokers Iran-US ceasefire as energy prices set for immediate relief

Pakistan brokers Iran-US ceasefire as energy prices set for immediate relief

ISLAMABAD: Federal Minister for Petroleum Ali Parvaiz Malik stated that diplomatic efforts led by the Prime Minister, Field Marshal, Foreign…
Pakistan pushes EV manufacturing, localisation drive

Pakistan pushes EV manufacturing, localisation drive

ISLAMABAD: Pakistan has reiterated its commitment to promoting electric vehicle (EV) manufacturing, localisation, and related industrial development as part of…
DISCOs directed to provide continuous power supply during Muharram

DISCOs directed to provide continuous power supply during Muharram

The federal government has directed all electricity distribution companies to ensure an uninterrupted power supply across the country during the…
Karachi Port freezes proposed 5pc tariff increase for FY2026-27

Karachi Port freezes proposed 5pc tariff increase for FY2026-27

KARACHI: Karachi Port has frozen a proposed 5% tariff increase for the fiscal year 2026-27, a move aimed at reducing…
Pakistan’s external borrowing surges by $5.21bn in 11 months

Pakistan’s external borrowing surges by $5.21bn in 11 months

ISLAMABAD: Pakistan’s external borrowing has increased by 5.21 billion dollars compared to the previous year, according to official documents. The…
Oil slips again as US, Iran sign peace deal

Oil slips again as US, Iran sign peace deal

BEIJING: Oil prices fell in early trading on Thursday after the U.S. and Iran signed an interim agreement that would…
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