Business

French-Japanese consortium wins ‘Dubai Metro & Tram’ operation and maintenance contract

French-Japanese consortium wins ‘Dubai Metro & Tram’ operation and maintenance contract

A French-Japanese consortium has won a contract for the operation and maintenance of the Dubai Metro as well as the…
Oil prices rise 2% but post weekly decline on demand fears

Oil prices rise 2% but post weekly decline on demand fears

Oil rose more than 2% in volatile trading on Friday, but finished the week about 7% lower as a new…
Cabinet green-lights withdrawal of tax exemptions via ordinance

Cabinet green-lights withdrawal of tax exemptions via ordinance

The federal cabinet has given a go-ahead to withdrawal of various income tax exemptions through a presidential ordinance instead of…
Punjab’s cluster development scheme for SMEs falls prey to the typical implementational hurdles

Punjab’s cluster development scheme for SMEs falls prey to the typical implementational hurdles

Whenever the economy is being discussed, the focus is on large scale manufacturers and titans of industry that drive economic…
Rupee weakens against dollar in interbank

Rupee weakens against dollar in interbank

After gaining considerable ground in the previous days, the rupee on Friday weakened by 52 paisas against the dollar in…
You can now own house by paying just 10pc cost under NPHP

You can now own house by paying just 10pc cost under NPHP

Special Assistant to PM on Overseas Pakistanis, Zulfikar Bukhari has said that the price of a house under Naya Pakistan…
Rupee continues to strengthen against US dollar

Rupee continues to strengthen against US dollar

The Pakistan rupee strengthened by 29 paisa against the United States (US) dollar in the inter-bank currency market on Thursday.…
Federal, Sindh govts agree to remove hurdles over Shanghai Electric’s KE transaction

Federal, Sindh govts agree to remove hurdles over Shanghai Electric’s KE transaction

The federal and Sindh government have agreed to remove all hurdles and speed up the delayed K-Electric transaction that has…
Govt plans to increase power tariff by Rs3.9 per unit: report

Govt plans to increase power tariff by Rs3.9 per unit: report

The government plans to increase power tariff by Rs3.4-3.9 per unit for the consumers utilising 300 units a month and…
Rupee gains almost Rs1 against dollar in a day, hits over one-year high

Rupee gains almost Rs1 against dollar in a day, hits over one-year high

The Pakistani rupee hit over a one-year high against the United States (US) dollar in the inter-bank currency market on…
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