Pakistan all set to receive $500m from Saudi Arabia for development projects
According to the spokesperson for the Ministry of Foreign Affairs, to give strategic direction to their ties through the Saudi-Pakistan Supreme Coordination Council (SP-SCC),...
Pakistan’s exports to Australia rise by 29 percent
Dawood said that the country had witnessed $52 million worth of more exports to Australia during July-April FY2021 as compared to the same period...
Pakistan plans to spend $6b to create jobs amidst covid crisis, Tarin
Pakistan plans to boost spending on large infrastructure projects by as much as 40% to create jobs and foster productivity in an economy crippled...
WAPDA awards $355m Tarbela project to Chinese company
The Water and Power Development Authority (Wapda) on Thursday granted a $354.6 million worth of contract to Power Construction Corporation of China Ltd (PCCCL)...
Pakistan is now a part of Amazon’s approved selling countries list
The world’s most sought after American multinational technology company Amazon has finally added Pakistan to its approved selling countries list. Pakistan has received approval from...
SC gives govt two days to fix oxygen cylinder’s prices
A three-judge bench, headed by Chief Justice of Pakistan Gulzar Ahmed, heard the coronavirus suo motu case and expressed disappointment over a report submitted...
Oil sales go up by 57% in April
Data issued by Oil Companies Advisory Committee (OCAC) on Tuesday showed that total petroleum products sales increased 57 percent to 1.672 million tons during...
Cement sector records robust growth of 40.41%
Data released by the All-Pakistan Cement Manufacturers Association (APCMA)revealed that the local cement offtake in April 2021 rose to 4.1 million tons against 3.27...
SBP grants 36bn for renewable energy
During a joint webinar hosted by the SBP and Unilever Pakistan to create awareness about the former’s Financing Scheme for Renewable Energy (FSRE), Dr...
Pakistan’s Business community has rejected government’s Eid Holidays
On Monday, the All Pakistan Anjuman-i-Tajiran rejected the government's directives on Eid holidays and lockdown from May 8 to 17 and announced that they would keep shops open till Chand Raat (moon night).
IMF being urged to show leniency, Finance Minister
Addressing National Assembly’s Standing Committee on Finance, Mr Tarin said that the higher power tariff was leading to corruption and hampering economic growth. The...
Exports surpass $2bn mark for seventh consecutive month
“Alhamdulillah (Thanks God), Pakistan’s export for April 2021 stood at USD 2.191 billion. This is the first time since 2011 that our monthly exports...