Business

OPEC demand forecast trimmed, recovery pushed into next year

OPEC demand forecast trimmed, recovery pushed into next year

RIYADH: The OPEC demand forecast for 2026 now sees oil use growing by just 400,000 barrels a day, far below…
Shehbaz inaugurates Daanish IT Park in Islamabad

Shehbaz inaugurates Daanish IT Park in Islamabad

Prime Minister Shehbaz Sharif inaugurated the Daanish IT Park in Islamabad on Saturday, describing it as a major step towards…
Pakistan ranks 11th in poultry production, but exports remain below $4m: Aurangzeb

Pakistan ranks 11th in poultry production, but exports remain below $4m: Aurangzeb

LAHORE: Finance Minister Muhammad Aurangzeb has called for measures to increase Pakistan’s poultry exports, saying the country ranks 11th globally…
SMEDA boosts support for women entrepreneurs

SMEDA boosts support for women entrepreneurs

The Small and Medium Enterprises Development Authority (SMEDA) has reaffirmed its commitment to empowering women entrepreneurs by improving their access…
Pakistan reverses move to end investment treaty with Sweden

Pakistan reverses move to end investment treaty with Sweden

Pakistan has decided to retain its Bilateral Investment Treaty (BIT) with Sweden following the federal cabinet’s intervention, after an earlier…
Haroon Akhtar calls for industrial growth and investment

Haroon Akhtar calls for industrial growth and investment

Prime Minister’s Adviser on Industries and Production Haroon Akhtar Khan has stressed the need to strengthen Pakistan’s industrial sector, attract…
Pakistan plans new electricity, gas subsidy system from 2027

Pakistan plans new electricity, gas subsidy system from 2027

ISLAMABAD: Pakistan has accelerated reforms in the energy sector to implement International Monetary Fund (IMF) conditions and directives, with the…
Pakistan receives $3.59 billion in remittances in September, up 12.7pc year-on-year

Pakistan receives $3.59 billion in remittances in September, up 12.7pc year-on-year

KARACHI: Remittances from overseas Pakistanis reached $3.59 billion in September 2026, registering a 12.7% increase compared with the same month…
Ali Pervaiz Malik departs for Saudi Arabia for World Petroleum Congress

Ali Pervaiz Malik departs for Saudi Arabia for World Petroleum Congress

ISLAMABAD: Federal Minister for Petroleum Ali Pervaiz Malik has departed for Saudi Arabia to attend the World Petroleum Congress, scheduled…
PSX ends week on bearish note as KSE-100 sheds 1,066 points

PSX ends week on bearish note as KSE-100 sheds 1,066 points

KARACHI: The Pakistan Stock Exchange (PSX) ended the business week on a negative note, with the benchmark KSE-100 Index shedding…
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