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Oil set for weekly rise amid Red Sea shipping attacks, Kazakhstan output cuts

Oil set for weekly rise amid Red Sea shipping attacks, Kazakhstan output cuts

BEIJING: Oil headed for weekly gains on Friday, as Houthi attacks on tankers in the Red Sea sparked worries about…
S&P upgrades Pakistan’s credit rating to ‘B’, outlook stable

S&P upgrades Pakistan’s credit rating to ‘B’, outlook stable

NEW YORK: S&P Global Ratings on Wednesday upgraded Pakistan’s long-term sovereign credit rating from ‘B-‘ to ‘B’, while revising the…
FM Aurangzeb reviews macroeconomic performance with IMF officials

FM Aurangzeb reviews macroeconomic performance with IMF officials

ISLAMABAD: Finance Minister Muhammad Aurangzeb met senior International Monetary Fund (IMF) officials in Washington on Thursday to review Pakistan’s macroeconomic…
Gallup survey shows rising business optimism, but budget concerns persist

Gallup survey shows rising business optimism, but budget concerns persist

Business confidence improved significantly during the second quarter of the year, although concerns over the federal budget, inflation and rising…
Tomato prices soar to Rs500 per kg in Karachi

Tomato prices soar to Rs500 per kg in Karachi

KARACHI: Tomato prices have surged to as high as Rs500 per kilogram in Karachi, with consumers seeing no relief despite…
Pakistan launches first mobile app to digitise cross-border trade

Pakistan launches first mobile app to digitise cross-border trade

ISLAMABAD: The Pakistan Single Window (PSW), an organisation under the Federal Board of Revenue (FBR), has launched a mobile application…
Govt raises petrol price by Rs6.39, diesel by Rs7.83 per litre

Govt raises petrol price by Rs6.39, diesel by Rs7.83 per litre

ISLAMABAD: The federal government has announced an increase in the prices of petroleum products, with the revised rates taking effect…
AI, robotics to drive Pakistan’s future economy: minister

AI, robotics to drive Pakistan’s future economy: minister

ISLAMABAD: Federal Minister for Information Technology and Telecommunication Shaza Fatima Khawaja on Wednesday said that Pakistan will own the full…
Mobile call and data package prices increased as PTA updates tariffs

Mobile call and data package prices increased as PTA updates tariffs

ISLAMABAD: Telecom operators across Pakistan have increased the prices of a range of mobile call and data packages, prompting the…
Oil prices hover at six-week high as Middle East shipping risks escalate

Oil prices hover at six-week high as Middle East shipping risks escalate

Oil prices rose more than 1.5% in Asian trade on Thursday to stand at their highest in more than six…
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