Business
OPEC+ debates whether to ease oil output cuts, as US resumes energy calls to Saudi
April 1, 2021
OPEC+ debates whether to ease oil output cuts, as US resumes energy calls to Saudi
OPEC+ debated on Thursday whether to keep deep oil output cuts in place or ease them after the new US…
Pakistan’s Eurobonds oversubscribed two times: report
March 31, 2021
Pakistan’s Eurobonds oversubscribed two times: report
Pakistan’s dollar-denominated Eurobonds were oversubscribed by almost two times after receiving a positive response from investors due to the attractive…
Shabbar Zaidi calls for ‘financial emergency’ in Pakistan
March 31, 2021
Shabbar Zaidi calls for ‘financial emergency’ in Pakistan
Former Federal Board of Revenue chief Shabbar Zaidi has called for a financial emergency in the country. Zaidi said that…
Saudi Aramco’s CEO speaks up about private partnership initiative
March 31, 2021
Saudi Aramco’s CEO speaks up about private partnership initiative
Saudi Aramco will set strict business criteria for ventures it backs under a new private partnership initiative to help diversify…
ADB to provide $300m to Pakistan for 300MW hydropower plant near Balakot
March 30, 2021
ADB to provide $300m to Pakistan for 300MW hydropower plant near Balakot
The Asian Development Bank announced on Tuesday that it will be extending Pakistan a $300 million loan to finance the…
Oil prices slip as focus switches from Suez Canal blockage to OPEC+ supply policy
March 30, 2021
Oil prices slip as focus switches from Suez Canal blockage to OPEC+ supply policy
Oil prices fell on Tuesday as shipping traffic resumed through the Suez Canal after days on hold and attention switched…
NAB clearance delaying agreed payments to IPPs: sources
March 30, 2021
NAB clearance delaying agreed payments to IPPs: sources
The federal government has rejected an impression of default with IPPs over agreed payments to them as sources claimed that…
Govt to start transferring salaries, pensions via SBP’s RAAST system
March 29, 2021
Govt to start transferring salaries, pensions via SBP’s RAAST system
To ease the payment process for government employees and pensioners, the State Bank of Pakistan (SBP) and Controller General of…
SBP, Meezan Bank explain house loan subsidy scheme
March 29, 2021
SBP, Meezan Bank explain house loan subsidy scheme
You can now borrow up to Rs10 million to finance a house of 125 to 250 square yards (5 to…
Rupee continues to strengthen against US dollar
March 29, 2021
Rupee continues to strengthen against US dollar
The Pakistani rupee strengthened by 55 paisas against the United States (US) dollar at the start of week’s trading in…