Business

Following the resignation of Dr. Kaiser Bengali from government committees over concerns about biased rightsizing, the government responded by describing...

The privatisation of Pakistan International Airlines (PIA) is nearing a critical juncture, with the process expected to conclude by October...

KARACHI — Pakistan is targeting to raise up to $4 billion from Middle Eastern commercial banks by the next fiscal...

Finance Minister Aurangzeb has expressed optimism that the International Monetary Fund (IMF) will approve a crucial bailout package for Pakistan...

In a recent announcement, U.S. Vice President Kamala Harris outlined a significant shift in economic policy if she secures victory...

PIA Announces 30% Fare Reduction for Flights to Jeddah and Madinah In a move aimed at alleviating the financial strain...

As Pakistan works towards securing a $7 billion bailout package under the Extended Fund Facility (EFF), the country is facing...

In a remarkable turn of events, gold prices have reached an all-time high amid a global market surge. This unprecedented...

 Amid continuing scrutiny over the issue of missing persons and enforced disappearances, Islamabad High Court's (IHC) Justice Miangul Hassan Aurangzeb...

In June 2024, Pakistan's Consumer Price Index (CPI) inflation approached the single-digit range, signaling a positive shift in the country's...

As of August 1, 2024, significant changes in fuel prices are expected in Pakistan, bringing some relief to consumers. The...

Fitch Ratings has recently upgraded Pakistan's credit rating from CCC to CCC+, signaling a slight improvement in the country’s creditworthiness....

In a surprising turn of events, electric cars are gaining traction in Saudi Arabia, a country notorious for its fuel-guzzling...

Due to mounting demand concerns in China and growing expectations of a truce in Gaza, oil prices fell by almost...

K-Electric, the primary electricity provider in Karachi, Pakistan, has approached the National Electric Power Regulatory Authority (NEPRA) with a request...

Boeing's 777X, the latest iteration in its line of long-haul aircraft, represents a monumental leap in aviation technology. This aircraft...

Pakistan's stock market experienced a significant surge as investors responded positively to the announcement of a new deal between Pakistan...

By Nawal Aslam The Pakistani government has been proactive in implementing solar energy initiatives under the Framework Guidelines for Fast-Track...

Flour mills in Bahawalpur, Bahawalnagar, Jhelum, Kamalia, Sargodha, and Toba Tek Singh have been shut down as part of a...

Prime Minister Shehbaz Sharif announced that the government would maintain stable electricity rates for protected customers who consume up to...

In June 2024, remittances to Pakistan surged by 44% to $3.16 billion compared to $2.2 billion in the same month...

Finance Minister Muhammad Aurangzeb warned on Sunday that Pakistan will continue to seek International Monetary Fund (IMF) bailouts if it...

President Joe Biden's slip of the tongue during a speech has sparked renewed concerns about his age and cognitive abilities....

The Federal Board of Revenue (FBR) is preparing to launch a simplified fixed tax scheme based on the valuation of...

The Pakistan Petroleum Dealers Association (PPDA) called off their strike late Friday night after successful negotiations with the federal government....

The National Electric Power Regulatory Authority (Nepra) announced a price hike of Rs3.3287 per unit in electricity for May 2024...

Prime Minister Shehbaz Sharif announced that local and international oil and gas exploration and production (E&P) companies plan to invest...

Pakistani authorities began meeting those qualified to bid for the Pakistan International Airlines (PIA) on Wednesday, to address concerns including...

The Federal Board of Revenue (FBR) in Pakistan has implemented significant changes to customs duties and regulatory measures on imports,...

PIA Increases Federal Excise Duty on International Flights KARACHI: Passengers flying internationally from Pakistan will now face higher costs, as...