Business

Who wants to become owner of land paying Rs2.2m to Rs3.4m?

Karachi: Chairman Commander Builders, Commander (retd) Muhammad Zakir at a press conference at a local hotel briefed media persons that it is cumbersome for middle and lower middle class people to become owner houses. City Property EXPO is being held...

Around 6.4 MMCFD gas to be saved with conical baffles’ installation in geysers: OGRA

ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) has made installation of conical baffles mandatory in all kinds of gas-run geysers including existing and new ones by December 2023 aimed at saving precious and scarce commodity. “Total approxi...

SECP registers 2,374 companies in Dec 22

ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) registered 2,374 new companies in December 2022. Total number of registered companies now stands at 183,744. Total capitalisation (paid-up-capital) of these companies for current month...

PM Shehbaz, UAE President discuss economic relief

ABU DHABI: Prime Minister Shehbaz Sharif met UAE President Sheikh Mohamed bin Zayed Al Nahyan wherein latter agreed to roll over existing loan of $ 2 billion and provide $ 1 billion additional loan. In meeting took place in Abu Dhabi during PM’...

Govt urged to pursue long term strategy to ensure double digit growth

ISLAMABAD: Chairman United Business Group of Federation of Pakistan Chamber of Commerce and Industry (FPCCI) Shahzad Ali Malik said Pakistan needs sustainable double digit annual growth rate for sound economy and long term result oriented strategy th...

KCCI demands releasing of stuck up containers at ports

Karachi: Chairman Businessmen Group and former President KCCI Zubair Motiwala addressing press conference at KCCI demanded from federal government to immediately issue directives for immediately releasing stuck up containers at ports without demurrag...

Gwadar Port starts receiving govt imports of bulk cargoes

ISLAMABAD: Gwadar Port has started receiving government imports of bulk cargoes as three consecutive vessels carrying 90,000 MT urea have already been arrived at Port and clocked fastest discharge rate. This represents efforts of Ministry of Maritime...

Dialogue among political parties better option to secure economy: Alvi

ISLAMABAD: President Dr Arif Alvi expressing strong concern over state of national economy has stressed that political parties need to hold talks by rising above their differences. In an exclusive interview with BBC, President termed it crucial to &l...

Domestic unit sheds value versus dollar, closes to 228.14

Karachi: Rupee registered decline against dollar for 17th successive session, depreciating 0.09 percent in inter-bank market. As per State Bank of Pakistan (SBP), rupee declined by 0.21 paisa to close at 228.14. During ongoing fiscal year, rupee has...

President for increasing Pak-UK bilateral trade to $10bn per annum

ISLAMABAD: President Dr Arif Alvi underlined need to take tangible steps to increase bilateral trade between Pakistan and UK, which stood at £ 3.1 billion in 2021, to $ 10 billion per year. This could be achieved in short span of time by fully...

NC Big Stories

Babar Azam reclaims top spot in ICC Men’s ODI Rankings

Pakistan’s cricket star Babar Azam has once again ascended to the top of the ICC Men’s ODI Rankings, reclaiming the No 1 spot with 809 rating points, as per the latest update released by the International Cricket Council (ICC). Babar Azam...

KSE-100 soars 4,700 points, closes above 99k as PTI protest ends

KARACHI: After experiencing its largest single-day drop of over 3,500 points, the Pakistan Stock Exchange (PSX) made an impressive recovery, with the benchmark KSE-100 Index surging by nearly 4,700 points, marking the highest-ever single-day point ga...

Professionals Network organizes Islamic Banking & Finance Conference

KARACHI: Professionals Network recently organised Islamic Banking & Finance Conference at a local hotel in Karachi. The Chief Guest of the inaugural session was Syed Samar Hasnain (Executive Director, SBP). Speakers include Jawad Majid Khan (Pre...

Pakistan, China sign $250mln MoUs to enhance agri, food processing

ISLAMABAD: Pakistan and China have signed 13 Memoranda of Understanding (MoUs) aimed at boosting collaboration in agriculture and food processing sectors. The total value of these MoUs amounts to $250 million, reflecting a significant step toward str...
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