Saudi, Kuwait reaffirm rights of Durra gas field
CAIRO: Saudi Arabia and Kuwait reaffirmed that they jointly own rights to natural resources in the Gulf’s Durra gas field,…
Hascol reports record losses in 2022
KARACHI: Hascol Petroleum, a leading player in the energy sector, faced a tumultuous year in 2022 as its net losses…
Corporate farming to attract Rs100 billion
ISLAMABAD: President Kissan Ittehad Khalid Mehmood Khokhar highlighted the potential of corporate farming to attract a substantial Rs100 billion investment…
‘Public must join tax net’
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has called on the public to play a crucial role in…
NEPRA’s nod sought for power hike
ISLAMABAD: The federal government has sought the nod of the National Electric Power Regulatory Authority (Nepra) to impose a surcharge…
Govt plans e-safety body for social network users
ISLAMABAD: The government has planned to establish an e-safety authority in an attempt to protect the fundamental rights of social…
Aga Khan Fund invests Rs3.47b into HBL
KARACHI: The Aga Khan Fund for Economic Development (AKFED), a Switzerland-based organisation holding majority controlling stakes in Habib Bank Limited…
PSX hits six-year high, crosses 49,000 points
KARACHI: The Pakistan stock market maintained a powerful rally on Thursday and crossed the threshold of 49,000 points after a gap…
Govt borrows less than target over high returns
KARACHI: The cash-strapped government has borrowed Rs71 billion through the auction of three- and five-year Pakistan Investment Bonds (PIBs) in…
Rupee under pressure, hits 12-week low
KARACHI: With the surge in demand for the US dollar, the Pakistani rupee came under mounting pressure in the inter-bank…