The federal government of Pakistan is planning to reduce electricity tariffs by up to Rs10 per unit following the termination of power purchase agreements with...
Pakistan and Saudi Arabia signed 27 memorandums of understanding (MoUs) valued at $2.2 billion across various sectors on Thursday. The agreements were made during the...
The Finance Ministry has clarified that the two Chinese engineers who tragically lost their lives in a terrorist attack in Karachi on Sunday night were...
Pakistan Becomes Lowest-Risk Country for Food Safety Standards, Leading in European Rice Exports ISLAMABAD: Pakistan has emerged as the lowest-risk country regarding food safety standards...
IMF’s Nathan Porter: Current Programme Could Be Pakistan’s Last If Reforms Are Implemented KARACHI: Nathan Porter, Director of the International Monetary Fund’s (IMF) mission for...
Abu Dhabi’s state-owned energy company, ADNOC, has reached a significant deal to acquire German chemicals manufacturer Covestro for 14.7 billion euros ($16.3 billion), including debt....
Liquidity Surplus Pushes Pakistani Banks to Offer Low-Cost Loans Amid Changing Financial Landscape KARACHI – Pakistani banks are currently grappling with a liquidity surplus, leading...
ISLAMABAD: Pakistan’s economy grew by 2.52% in the fiscal year 2023-24, falling short of the projected target of 3.5%, according to data released by the...
ISLAMABAD: The Asian Development Bank (ADB) has initiated a Mission to Islamabad from September 30 to October 18, 2024, focused on discussions and consultations to...
Pakistan has secured substantial financial support from China, Saudi Arabia, and the United Arab Emirates (UAE) as part of its new agreement with the International...