Oil dips after Fed comments, US crude stock build
SINGAPORE: Oil prices fell following three sessions of gains, after Federal Reserve Chair Jerome Powell highlighted banking sector credit risks for world’s largest economy, while US crude stocks rose more than expected. Brent crude futures fell...
Banking business hours during Ramadhan-ul-Mubarak
ISLAMABAD: During ensuing Ramadhan-ul-Mubarak 1444 AH, office hours will be observed in State Bank of Pakistan, which will also be followed by all banks, development finance institutions and microfinance banks. Monday to Thursday from 9:00 am to 3:30...
Huawei Cloud Summit Middle East, Africa 2023 kicked off
Dubai:On ‘Unleash Digital with Everything as Service’, second Huawei Cloud Summit Middle East and Africa kicked off in Dubai. Event brought together over 300 government officers, cloud native industry experts, and customer representatives...
Trade between Pakistan and UAE: Khor Fakkan port to be more efficient, says official
Karachi: Khor Fakkan Container Terminal (KCT) is only fully-fledged operational container terminal within United Arab Emirates (UAE) that is located outside Strait of Hormuz and an official said exports from Pakistan will take day less if compared to...
Jazz-powered NIC attracts over Rs 7bn investment for Pakistani startups
ISLAMABAD: National Incubation Centre (NIC) Islamabad in collaboration with digital operator Jazz and Ignite has incubated 295 startups in 12 cohorts since its inception, helping attract over Rs 7 billion in investment and generating over Rs 5.6 bill...
President for increasing cooperation among varsities of Islamic world
ISLAMABAD: President Dr Arif Alvi has underscored need for increasing cooperation among universities of Islamic countries to promote research and support cultural and educational institutions. He urged universities of Islamic world to enhance collabo...
Dar, Air Marshal Abbas discuss prevailing economic, security situation
ISLAMABAD: Air Marshal Ghulam Abbas Ghumman, SI (M) called on Minister for Finance and Revenue Senator Ishaq Dar here at Finance Division. Meeting discussed prevailing economic and security situation of country. Finance Minister commended that effort...
Four bank holidays
KARACHI: State Bank of Pakistan (SBP) and all commercial banks of country will remain closed for four days, according to report. According to details, banks will be closed on March 23 being public holiday on Pakistan Day. Likewise, banks will remain...
Encroachments on govt land will not be tolerated: DG KDA
KARACHI: Director General Karachi Development Authority (KDA) Syed Muhammad Ali Shah said that illegal occupation and encroachment on government land will not be tolerated under any circumstances. Strong action will be taken against encroachment mafi...
PTCL Group celebrates IWD with pledge to embrace equity
Islamabad: PTCL Group (PTCL and Ufone 4G) celebrated International Women’s Day 2023 at Headquarter. Saadia Khan, Ex-Commissioner of Securities and Exchange Commission of Pakistan (SECP) as chief guest and prominent Jordanian molecular biologist...
