Business

Oil prices slide as Iran tensions persist, set for weekly loss

Oil prices slide as Iran tensions persist, set for weekly loss

ISLAMABAD: Global oil prices fell on Friday as markets remained focused on developments surrounding Iran and the flow of crude…
Pakistan and HK explore cooperation in financial services and digital assets

Pakistan and HK explore cooperation in financial services and digital assets

Minister of State and Chairman PVARA Bilal Bin Saqib MBE met Christopher Hui, Secretary for Financial Services and the Treasury…
Saudi Arabia’s Asyad Group expresses interest in airport privatisation process

Saudi Arabia’s Asyad Group expresses interest in airport privatisation process

Saudi Arabia’s Asyad Group has expressed interest in Pakistan’s upcoming airport privatisation process as the group was working to bring…
PSX gains over 1,200 points

PSX gains over 1,200 points

Pakistan Stock Exchange (PSX) opened on a positive note on Thursday amid buying rally. During intraday trading, the KSE-100 index…
Iran unable to import petrol amid US blockade

Iran unable to import petrol amid US blockade

Iran has been unable to import enough petrol to make up for insufficient domestic production because of a US naval…
LHC halts Rs60bn LESCO compensation payment

LHC halts Rs60bn LESCO compensation payment

The Lahore High Court has issued a stay order against a decision directing the Lahore Electric Supply Company (LESCO) to…
Karachi flour, onion prices surge as wheat supply concerns grow

Karachi flour, onion prices surge as wheat supply concerns grow

KARACHI: Consumers in Karachi are facing another increase in food prices as flour and onions have become significantly more expensive,…
Pakistan’s maritime sector emerges as new hub for trade and investment

Pakistan’s maritime sector emerges as new hub for trade and investment

ISLAMABAD: Pakistan is moving to transform its maritime sector into a major hub for international trade, logistics and investment under…
FBR revises sales tax rules for footwear sector

FBR revises sales tax rules for footwear sector

ISLAMABAD: The Federal Board of Revenue (FBR) has issued Sales Tax General Order (STGO) No. 19/2026-IR Policy, revising the sales…
Pakistan’s used vehicle imports decline in FY2025-26 amid stricter import rules

Pakistan’s used vehicle imports decline in FY2025-26 amid stricter import rules

ISLAMABAD: Pakistan witnessed a significant decline in the import of used vehicles during fiscal year 2025-26, with both the quantity…
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