Business

Pakistan’s GDP to grow by 2.8 pc in FY 2025: WB

Pakistan’s GDP to grow by 2.8 pc in FY 2025: WB

ISLAMABAD: The World Bank has released its latest report on Pakistan’s economy, forecasting a growth rate of 2.8% in the…
Pakistan on road to economic recovery, says Aurangzeb

Pakistan on road to economic recovery, says Aurangzeb

ISLAMABAD: Federal Minister for Finance Muhammad Aurangzeb says Saudi Arabia’s private sector will make investments in Pakistan. Addressing the Pak-Saudi…
PSX ends flat after flirting with new all-time high above 86,400 points

PSX ends flat after flirting with new all-time high above 86,400 points

KARACHI: Stocks flatlined on Wednesday after hitting a new all-time high, as late profit-taking reversed the rally, triggered by vibes…
Saudi Arabia’s Minister of Investment Khalid Al-Falih arrives in Islamabad on official visit

Saudi Arabia’s Minister of Investment Khalid Al-Falih arrives in Islamabad on official visit

ISLAMABAD: A high-level Saudi business and investment delegation has arrived in Pakistan amid expectations that Riyadh and Islamabad will ink…
Fitch says decarbonisation of world economy progressing far too slowly

Fitch says decarbonisation of world economy progressing far too slowly

LONDON: Decarbonisation of the global economy is progressing too slowly and while there has been improvement among big developed economies,…
FBR cybersecurity failure leads to billions in tax fraud

FBR cybersecurity failure leads to billions in tax fraud

KARACHI: The Federal Tax Ombudsman (FTO) on Tuesday revealed that the cyber security of Federal Board of Revenue (FBR) has…
Pakistani firms to participate in Automechanika Tashkent 2024

Pakistani firms to participate in Automechanika Tashkent 2024

ISLAMABAD: Automechanika Tashkent 2024 will take place from October 23 to 25 for the first time at the CAEx exhibition…
Cabinet approves independent multiplayer market for power purchase

Cabinet approves independent multiplayer market for power purchase

ISLAMABAD: The Cabinet Committee on Energy on Wednesday approved the establishment of an independent multiplayer market for power generation and…
Oil prices edge up after sliding on potential Israel-Hezbollah ceasefire

Oil prices edge up after sliding on potential Israel-Hezbollah ceasefire

SINGAPORE: Oil prices edged up on Wednesday as developments in the Middle East took centre stage against cautious demand expectations…
State Bank increases loan amount for SMEs, industries

State Bank increases loan amount for SMEs, industries

KARACHI: The State Bank of Pakistan (SBP) has announced a significant decision for supporting small and medium enterprises (SMEs) and…
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