PSX prepares for tech powerhouse IPO
KARACHI: Excitement is brewing at the Pakistan Stock Exchange (PSX) as the first company of fiscal year 2024 is set…
Govt allows imports for EPZs
ISLAMABAD: In a strategic move to expedite the development of Export Processing Zones (EPZs) and achieve ambitious export targets, the…
Nigeria ends fuel subsidy
LONDON: One of Europe’s main markets for gasoline has shrunk, threatening to squeeze European refiners, after Nigeria removed fuel subsidies,…
Cement industry poised for robust exports
KARACHI: In July 2023, the cement industry in Pakistan is gearing up for a remarkable surge in exports, with experts…
Oil dips but on track for fifth week of gains
NEW YORK: Oil prices edged lower on Friday, but were on track for a fifth straight week of gains as…
Committee established to set up SPV after Russia raises concerns
ISLAMABAD: Pakistan has taken a crucial step towards establishing a Special Purpose Vehicle (SPV) for oil trade with Russia after…
Central bank to review policy rate next week
KARACHI: In its first meeting post-IMF new loan programme, Pakistan’s central bank is scheduled to review its key policy rate,…
Take Five: Big or bigger?
The Bank of England (BoE) is the last of the big central banks to meet before the summer break gets…
Matiari-Lahore HVDC transmission project unique in nature
LAHORE: As the sun rises and street lights turn off in Lahore, capital of Pakistan’s eastern Punjab province, Zubair Tufail,…
OCAC urges OGRA to reevaluate diesel pricing for August
ISLAMABAD: The Oil Companies Advisory Council (OCAC) has called on the Oil and Gas Regulatory Authority (OGRA) to reconsider the…