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$6.4bn Reko Diq mining pact expected next month

$6.4bn Reko Diq mining pact expected next month

ISLAMABAD: The long-awaited signing of the $6.4 billion Reko Diq mining agreement is expected next month, with final arrangements underway…
World Bank approves $108m additional financing for KP projects

World Bank approves $108m additional financing for KP projects

ISLAMABAD: The World Bank has approved $108 million in additional financing to the Khyber Pakhtunkhwa Rural Accessibility Project (KPRAP) and…
IMF board meets on May 9 to review Pakistan’s loan programmes

IMF board meets on May 9 to review Pakistan’s loan programmes

The Executive Board of the International Monetary Fund (IMF) is scheduled to meet on May 9 to review Pakistan’s staff-level…
SBP announces public holiday on May 1

SBP announces public holiday on May 1

KARACHI: The State Bank of Pakistan (SBP) on Tuesday announced a public holiday on the occasion of Labour Day on…
PSX recovers after battering amid air of uncertainty

PSX recovers after battering amid air of uncertainty

KARACHI: The Pakistan Stock Exchange (PSX) on Tuesday faced ups and downs and eventually closed in the positive zone. During…
EOBI decides to raise minimum pension

EOBI decides to raise minimum pension

ISLAMABAD: The Employees’ Old-Age Benefits Institution (EOBI) has decided to increase the minimum pension, with the change set to take…
Reko Diq project nears ‘financial closure’

Reko Diq project nears ‘financial closure’

The financial closure of the Reko Diq mining project is expected to take place next month, it was reported on…
FBR chief asks officials to ensure transparency, increase revenue

FBR chief asks officials to ensure transparency, increase revenue

Chairman Federal Board of Revenue (FBR) Rashid Mahmood Langrial has directed the tax officials to utilize all their capabilities to…
Dollar limps along on US-China trade war

Dollar limps along on US-China trade war

SINGAPORE: The dollar barely recouped its heavy losses on Tuesday as investors were no clearer on whether a de-escalation of…
Oil falls as economic jitters dampen demand outlook

Oil falls as economic jitters dampen demand outlook

Crude oil prices fell in early Asian trading on Tuesday as investors lowered their demand growth expectations due to the…
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