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Low demand leads to upto 10% fall in oil, gas production

Low demand leads to upto 10% fall in oil, gas production

KARACHI: With low demand, Pakistan’s oil and gas production declined by 10% and 7%, respectively, during the first half of…
Senate panel head asks FM Aurangzeb to suspend FBR’s 1,010-car procurement

Senate panel head asks FM Aurangzeb to suspend FBR’s 1,010-car procurement

ISLAMABAD: Senate Standing Committee on Finance and Revenue Chairman Senator Saleem Mandviwalla has urged Finance Minister Muhammad Aurangzeb to immediately…
Textile sector in crisis as 187 mills halt operation across country

Textile sector in crisis as 187 mills halt operation across country

ISLAMABAD: Pakistan’s largest export sector, textile, is facing severe crisis due to expensive electricity in the country. The data obtained…
Islamabad, Ankara discuss job opportunities for Pakistanis in Turkiye

Islamabad, Ankara discuss job opportunities for Pakistanis in Turkiye

ISLAMABAD: Religious Affairs Minister Chaudhry Salik Hussain met Turkish Ambassador Irfan Nazir Oglu on Wednesday to discuss provision of modern…
Dollar treads water as Trump tariff clarity, central banks awaited

Dollar treads water as Trump tariff clarity, central banks awaited

TOKYO: The dollar steadied against major peers on Thursday, continuing its near paralysis of the past two days before more…
Oil prices extend losses amid uncertainty over tariff impact

Oil prices extend losses amid uncertainty over tariff impact

SINGAPORE: Oil prices dipped in early trade on Thursday, extending losses amid uncertainty over how proposed tariffs by U.S. President…
New Zealand will relax rules to woo foreign investment, PM says

New Zealand will relax rules to woo foreign investment, PM says

WELLINGTON: New Zealand will relax rules to lure foreign investment, Prime Minister Christopher Luxon said on Thursday, as his centre-right…
Davos 2025: Trade, tariffs, AI and UN chief Guterres dominate World Economic Forum agenda

Davos 2025: Trade, tariffs, AI and UN chief Guterres dominate World Economic Forum agenda

DAVOS: U.N. Secretary-General António Guterres ratcheted up his warning about climate change and said the world’s thirst for fossil fuels…
Pakistan advances EV infrastructure with SIFC support

Pakistan advances EV infrastructure with SIFC support

Pakistan’s electric vehicle (EV) sector is gaining momentum with significant support from the Special Investment Facilitation Council (SIFC), as the…
Emirates to ‘set up’ major cargo business hub at Karachi airport

Emirates to ‘set up’ major cargo business hub at Karachi airport

KARACHI: Emirates Airline has announced to establish a major cargo business hub at Karachi airport, following an increasing demand for…
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