Business

Fauji Fertiliser becomes a shareholder in the PIA consortium.

Fauji Fertiliser becomes a shareholder in the PIA consortium.

An important step in the privatisation of Pakistan International Airlines (PIA) has been taken with the induction of Fauji Fertiliser…
Pakistan’s tuna exports will bring around $200 million.

Pakistan’s tuna exports will bring around $200 million.

Following the Indian Ocean Tuna Commission’s (IOTC) issuance of a new fishing quota of 25,000 metric tonnes, which includes 10,000…
Pentagon strikes agreements with leading AI companies

Pentagon strikes agreements with leading AI companies

In an effort to increase the number of AI providers serving the military, the Pentagon said that it has established…
In April, Pakistan’s inflation rate reached a two-year high of 10.9%.

In April, Pakistan’s inflation rate reached a two-year high of 10.9%.

In April, soaring fuel costs, shocks to the world’s supply, and increased taxes on petroleum goods caused Pakistan’s inflation to…
PSX registers gains amid optimism over IMF loan tranche

PSX registers gains amid optimism over IMF loan tranche

In anticipation of the International Monetary Fund (IMF) releasing funds under the loan program, the Pakistan Stock Exchange (PSX) opened…
As the IMF authorises a levy cut, petrol prices for industry are expected to decline.

As the IMF authorises a levy cut, petrol prices for industry are expected to decline.

Following the IMF’s approval of a cut in the petrol levy, petrol prices for industrial consumers may drop, potentially providing…
Pakistani mariners to serve aboard Norwegian-flagged ships under a new agreement

Pakistani mariners to serve aboard Norwegian-flagged ships under a new agreement

A new memorandum of understanding (MoU) agreed between the two countries will enable Pakistani seafarers to operate aboard Norwegian-flagged vessels,…
Asset management firms are now permitted to sell ETFs directly to investors.

Asset management firms are now permitted to sell ETFs directly to investors.

The new strategy seeks to modernise the sector through the provision of digital platforms, the simplification of investment processes, and…
Nepra abolishes licensing mandate for solar customers up to 25 kW.

Nepra abolishes licensing mandate for solar customers up to 25 kW.

Solar consumers in Pakistan have attained considerable regulatory relief, as the National Electric Power Regulatory Authority (Nepra) has eliminated the…
The relationship between Pakistan and the EU has entered a new phase of investment, according to the minister.

The relationship between Pakistan and the EU has entered a new phase of investment, according to the minister.

Haroon Akhtar Khan, Special Assistant to the Prime Minister on Industries and Production, stated on Tuesday that Pakistan and the…
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