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ICCI invites Pakistani Diaspora to explore JVs and Investment in…
ISLAMABAD: The UK and USA are major trading partners of Pakistan and Pakistan wants to further strengthen its trade and economic ties with these countries to achieve beneficial outcomes for its economy.
This was said by Faad Waheed,…
PIA introduces package for intending Umrah pilgrims from China
BEIJING: Pakistan International Airlines (PIA) has introduced a special package to facilitate Pakistani and other Muslims pilgrims who plan to travel from China to Saudi Arabia to perform Umrah.
Under the package, the pilgrims travelling…
CPI inflation rises to 24.5% during last month
ISLAMABAD: Annual Inflation measured by the Consumer Price Index (CPI) was recorded at 24.5 per cent in December, compared to 23.8pc in the previous month, as food and transport costs continued to remain high, data shared by the Pakistan…
PSX gains 615 points on IMF hopes, year-end buying
KARACHI: Shares at the Pakistan Stock Exchange (PSX) continued to rally on Friday, with analysts attributing the uptrend to year-end buying and expectations of completion of the International Monetary Fund’s (IMF) ninth review which would…
Russia offers blended Crude Oil to Pakistan
KARACHI: Russia has made an offered to provide blended crude oil to Pakistan as the country's refining sector is not able to process crude oil of one specification.
The Russian side made an offer during a virtual meeting held between the…
SBP’s forex reserves fall by $294 million to $5.82 billion
KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) fell another $294 million to a highly critical level of $5.82 billion, data on Thursday showed. This is the lowest level of SBP-held reserves since April 2014.…
Twitter restores after Global outage hits thousands
WASHINGTON: Twitter Inc suffered a major outage on Wednesday, leaving tens of thousands of users globally unable to access the popular social media platform or use its key features for several hours before services appeared to come back…
Global Oil prices rise on easing China Covid curbs, concerns over…
Oil prices rose to three-week highs on Tuesday as China’s latest easing of Covid-19 restrictions raised fuel demand hopes and concerns that winter storms across the United States are affecting energy production continued to buoy prices.…
Pakistan, Uzbekistan sign MoUs for boosting Trade to $1 billion
ISLAMABAD: Pakistan and Uzbekistan on Monday finalized agreements to expand investment and increase bilateral trade to $1 billion as Commerce Minister Naveed Qamar and Uzbek Deputy Prime Minister Khodjave Jamshid Abdukhakimovich signed nine…
KSE-100 gains 692 points pushed by energy stocks
Shares at the Pakistan Stock Exchange (PSX) opened in the green on Monday, with the benchmark index rising shortly after trading began. The KSE-100 index gained 692.26 points, or 1.75 per cent, to reach 40,361.46 points at 10:45am.…