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Pakistan economy shifting towards export-led growth: Aurangzeb

Finance Minister Muhammad Aurangzeb has said Pakistan’s macroeconomic stability, sustained reforms and policy continuity are shifting the economy to export-led growth and opening new...

Why gold prices are soaring to record highs: AFP report

London: Precious and industrial metals prices, including gold, are surging to record highs as the year ends, driven by economic and geopolitical uncertainty, robust...

Pakistan inks $730m financing deals with ADP

Pakistan has snapped up two financing agreements worth a total of $730 million with the Asian Development Bank (ADB), according to the Ministry of...

PIA to be run by new owners from April subject to approvals, says PM’s adviser

Pakistan International Airlines (PIA) is expected to be run by a new owner from April next year, subject to approvals, and receive fresh capital...

Huawei regains top spot in China’s smartphone market

Huawei has returned to the top of China’s smartphone market for two consecutive weeks, overtaking Apple, following the launch of its Mate 80 series.According...

IMF welcomes increase in BISP budget

The International Monetary Fund (IMF) has expressed satisfaction over the increase in the budget of the Benazir Income Support Programme (BISP) and has also...

30 to 40 mln Pakistanis actively using digital assets, says Bilal bin Saqib

Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA), Bilal bin Saqib, has said that Pakistan has, for the first time, opened a regulated,...

Petrol Price in Pakistan likely to see major drop

ISLAMABAD: Petrol prices are likely to go down by up to Rs11.85 per litre for the next fortnight in Pakistan, ARY News reported on...

Pakistan says 11 IMF demands are part of ongoing reforms, not “new conditions”

ISLAMABAD: The Government of Pakistan on Sunday clarified that the 11 structural benchmarks under the IMF’s Extended Fund Facility (EFF) program are not “new...

Pakistan finalises record Rs659.6bn settlement of power sector debt, says minister

Leghari says landmark transaction is core component of Rs1,225 billion circular debt reduction planDeal advances circular debt cuts under government reform plan.Analysts say move...

PSX ends flat after volatile trading, KSE-100 falls 4 points

KARACHI: The Pakistan Stock Exchange (PSX) closed slightly lower on Wednesday, with the benchmark KSE-100 Index losing 4 points to settle at 169,451 points.During...

Trump launches gold card visa program with a $1mln price tag

President Donald Trump on Wednesday unveiled the “Trump Gold Card,” a new fast-track immigration pathway that allows foreign nationals to secure expedited US residency...

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