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Pakistan removed from global high-risk shipping list: minister

Pakistan removed from global high-risk shipping list: minister

KARACHI: Pakistan has been removed from an international list of high-risk maritime areas used by marine insurers to determine whether…
Qatari LNG cargo crosses Strait of Hormuz, set to arrive in Pakistan today

Qatari LNG cargo crosses Strait of Hormuz, set to arrive in Pakistan today

ISLAMABAD: Pakistan is set to receive another liquefied natural gas (LNG) cargo from Qatar, with the vessel successfully crossing the…
PSX reclaims 176,000-point level as bulls dominate trading

PSX reclaims 176,000-point level as bulls dominate trading

KARACHI: Pakistan Stock Exchange (PSX) showed a strong upward trend on Friday, with the benchmark index regaining the 176,000-point level…
Lesco saves Rs58 billion by cutting losses to historic low

Lesco saves Rs58 billion by cutting losses to historic low

Lahore Electric Supply Company (LESCO) has saved the national exchequer more than Rs58 billion by reducing its financial gap from…
Hanif Abbasi invites Turkish companies to take part in railway modernization

Hanif Abbasi invites Turkish companies to take part in railway modernization

Federal Minister for Railways Mohammad Hanif Abbasi, during his two-day official visit, held an important meeting with the high officials…
Government agrees on phased deregulation of petroleum sector

Government agrees on phased deregulation of petroleum sector

ISLAMABAD: The government has decided to gradually deregulate Pakistan’s petroleum sector after adopting a weekly review mechanism for oil prices…
Oil falls more than $1 on greater flows despite US-Iran war

Oil falls more than $1 on greater flows despite US-Iran war

Oil prices fell on Friday but kept on track for a monthly rise of about a fifth, as more supplies…
Saudi Arabia rolls over $5billion loan for three years: SBP

Saudi Arabia rolls over $5billion loan for three years: SBP

ISLAMABAD: The State Bank of Pakistan (SBP) has said Saudi Arabia has rolled over Pakistan’s $5billion loan for three years,…
Pakistan repays $1.4bn Chinese loan, awaits refinancing

Pakistan repays $1.4bn Chinese loan, awaits refinancing

ISLAMABAD: Pakistan has repaid a $1.4 billion Chinese commercial loan, but Chinese banks have not yet refinanced the amount. The…
Global firms question tender conditions for electric bus project in Punjab

Global firms question tender conditions for electric bus project in Punjab

New dispute over tender conditions of electric bus in Punjab has come to light as global companies have raised objections…
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