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President for further cementing eco, cultural ties with KSA
ISLAMABAD: President Dr Arif Alvi called for further strengthening bilateral ties with Kingdom of Saudi Arabia (KSA) in diverse fields, particularly economy, investment and culture. President talking to Saudi Minister for Hajj and Umrah Dr Tawfiq bin...
Gold prices increase in Pakistan as week begins
KARACHI: Gold prices in Pakistan started the week on a positive note as they surged in line with the rupee's depreciation against the dollar and gain in international rates. According to data released by the All-Pakistan Sarafa Gems and Jewelle...
PM Kakar vows to implement changes in energy sector
ISLAMABAD: Caretaker Prime Minister Anwaarul Haq Kakar on Saturday said that the government would ensure the implementation of reforms in the power and energy sectors of the country. The premier was talking to Caretaker Minister for Energy, Power and...
Caretaker govt to ensure full use of SIFC forum: PM Kakar
ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar said that caretaker government would ensure full use of Forum of Special Investment Facilitation Council (SIFC). Terming SIFC as ray of hope for Pakistan's economic development, he said governme...
Dr Shamshad appointed caretaker Finance Minister
Karachi: Former Governor of State Bank of Pakistan Dr Shamshad Akhtar has been appointed caretaker Finance Minister, it was learnt. Development comes as process of appointing key members of Cabinet under caretake Prime Minister Anwaar-ul-Haq continue...
Saudi envoy, caretaker PM discuss economic, friendly ties
ISLAMABAD: Nawaf bin Saeed Ahmad Al-Malkiy Ambassador of Kingdom of Saudi Arabia called on caretaker Prime Minister Anwaar-ul-Haq Kakar here. Saudi Ambassador congratulated Prime Minister on assuming office and conveyed best wishes and greetings on b...
KE consumers to be slapped with another Rs1.52 per unit surcharge
ISLAMABAD: The federal government has decided to impose a Rs1.52 per unit surcharge on all electricity consumers of K-Electric to mop up about Rs25 billion in additional revenue during the current fiscal year. This will be on top of an average Rs30 p...
PTCL, Ufone 4G mark Independence Day with weeklong company-wide celebrations
Pakistan’s largest telecommunication company, PTCL Group (PTCL and Ufone 4G) marked 76th Independence Day of Pakistan with weeklong celebrations at PTCL Group offices nationwide. Weeklong activities culminated in main flag hoisting and cake-cut...
Pakistan suspends import of Russian crude oil
KARACHI: Pakistan has suspended its import of crude oil from Russia after refining process yielded more furnace oil than petrol, sources in energy sector said. Moreover, sources claimed that Pakistan Refinery had refused to process more Russian oil,...
SECP registers 2,220 new companies in July
Karachi: Securities and Exchange Commission of Pakistan (SECP) registered 2,220 new companies in July 2023, 25 percent increase from previous year, press release said. Total capitalisation for companies stood at Rs 3.3 billion. Total number of regist...
