Business

Gulf investors launch $2bn arbitration case against Pakistan over KE dispute

Gulf investors launch $2bn arbitration case against Pakistan over KE dispute

In a shocking development, Saudi and Kuwaiti investors in K-Electric have launched a $2 billion international arbitration case against Pakistan,…
Visa Group reaffirms continued investment in Pakistan

Visa Group reaffirms continued investment in Pakistan

Visa Group President Oliver Jenkyn has reiterated his company’s commitment to continued investment in Pakistan. He expressed this commitment at…
Govt set to replace net metering system with net billing policy

Govt set to replace net metering system with net billing policy

ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan held a meeting with Chinese Ambassador Jiang Zaidong, during which both sides…
Govt set to replace net metering system with net billing policy

Govt set to replace net metering system with net billing policy

LAHORE: Marking a major policy shift with wide-ranging implications, the federal government has initiated the process to abolish the net…
FCC reserves verdict regarding ban on imports from India, Israel

FCC reserves verdict regarding ban on imports from India, Israel

The Federal Constitutional Court (FCC) on Wednesday reserved its verdict in a case concerning the federal government’s ban on imports…
Relief for salaried class and industry planned in next budget

Relief for salaried class and industry planned in next budget

ISLAMABAD: Prime Minister Shehbaz Sharif has directed that no mini budget will be introduced this fiscal as the government works…
Gold prices soar to record high, cross Rs500,000 for first time

Gold prices soar to record high, cross Rs500,000 for first time

KARACHI: Gold prices surged to historic levels once again in both global and local markets, with the price of gold…
Pakistan to seek flexibility on IMF loans ahead of next budget

Pakistan to seek flexibility on IMF loans ahead of next budget

ISLAMABAD: Pakistan is preparing to ask the International Monetary Fund (IMF) for a “lenient attitude” and to seek renegotiation of…
Pakistan, Islamic Development Bank sign $603 million financing agreements in Islamabad

Pakistan, Islamic Development Bank sign $603 million financing agreements in Islamabad

ISLAMABAD: Pakistan and the Islamic Development Bank (IsDB) on Tuesday signed three financing agreements worth $603 million to support major…
Pakistan, Saudi Arabia boost economic ties at Davos

Pakistan, Saudi Arabia boost economic ties at Davos

Pakistan and Saudi Arabia have reaffirmed their commitment to further deepen and expand bilateral economic cooperation, with a focus on…
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