LONDON (AFP) – Unrest in OPEC+ member Kazakhstan has driven up oil prices as investors fear supply disruptions, but the uranium market looks to be less affected, despite Kazakhstan being the world’s second largest producer. “Riots certainly have the potential to halt production and exports,” said Bjarne Schieldrop, an analystRead More →
ISLAMABAD – On Saturday, Prime Minister Imran Khan stated that the country’s economy is booming and producing jobs. The Prime Minister noted in a tweet that profits from publicly traded companies increased by 59% in the first nine months of the year. He hoped that firms and employers will passRead More →
KARACHI (Channel News) — On Friday, the Pakistani rupee rose strongly against the US dollar, gaining Rs1.73 in the interbank currency market. According to statistics provided by the State Bank of Pakistan (SBP), the domestic unit concluded at Rs176.51 versus the US dollar, while the rupee gained Rs1 from theRead More →
ISLAMABAD, Pakistan (APP) – The country’s exports in rupee terms increased by 29.53 percent during the first five months of the current fiscal year compared to the same time last year, according to the Pakistan Bureau of Statistics (PBS). According to PBS preliminary estimates, the country’s exports for July-November (2021-22)Read More →
ISLAMABAD, Pakistan – The World Bank granted a $190 million loan assistance for Pakistan on Wednesday. The World Bank will discuss ways to increase the country’s electrical generation and will give loans. Furthermore, the contract was signed in the federal city. Asad Hayauddin, a top federal government executive, and AnjumRead More →
MULTAN — Governor of the State Bank of Pakistan (SBP), Dr. Reza Baqir, has stated that the Asaan Credit Scheme (I-SAAF) will be a game changer in improving access to finance for SMEs by addressing the long-standing concern of a shortage of collateral. Dr. Reza Baqir spoke at length aboutRead More →
QUETTA – Dr. Muhammad Ashfaq Ahmed, Chairman FBR/Secretary Revenue Division, paid a visit to Customs House in Chaman on the third and last day of his tour to Balochistan. Dr. Muhammad Saeed Khan Jadoon, FBR Member (Customs Policy), Mr. Muhammad Sadiq, Chief Collector Customs (Balochistan), and Mr. Rashid Habib Khan,Read More →
(Reuters) – MOSCOW (Reuters) – According to the Interfax news agency, Facebook has paid 17 million roubles ($229,643) in fines owing in Russia for failing to erase information deemed unlawful by Moscow, but the danger of a possibly higher charge looms. Facebook parent Meta, along with Alphabet’s Google, will faceRead More →
ISLAMABAD, Pakistan (APP): The Asian Development Bank (ADB) has authorised a $200 million loan to help Punjab province create an irrigation system that would help raise agricultural output and food security. The project loan, which is in Japanese yen, will be used to fund the building of the Greater ThalRead More →
ISLAMABAD, Pakistan – Dr. Arshad Mahmood, the Secretary of Petroleum, was fired by the government on Saturday. Following his dismissal from office, Secretary of Petroleum Dr. Arshad Mahmood has been asked to report to the Establishment Division. Secretary Power Division Ali Raza Bhatta has also been given the additional responsibilityRead More →
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