ADB to provide Pakistan $800 million loan for energy sector

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ISLAMABAD: The government of Pakistan and the Asian Development Bank (ADB) signed on Thursday a letter of exchange for the establishment of Pakistan National...

Govt to utilize resources for industrial sector: President

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FAISALABAD:President Mamnoon Hussain has said the government is determined to put the economy on right track and all resources are being utilized to develop...

Pakistan, Afghanistan to increase trade to $5 billion till 2017

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ISLAMABAD: Pakistan and Afghanistan Monday agreed on connecting different cities of the two countries through roads and rail and to increase trade volume to...

Pak-Afghan Economic Commission meets in Islamabad

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ISLAMABAD: The 10th meeting of Pak-Afghan Joint Economic Commission was held in Islamabad on Monday to discuss various issues between the two countries. The...

Petroleum products’ prices likely to go down by Rs 4.50

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ISLAMABAD:  Prices of petroleum products are likely to be decreased from December 1 as the Oil and Gas Regulatory (OGRA) today suggested decreased petroleum...

State Bank keeps interest rate unchanged to support rupee

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KARACHI: Governor of the State Bank of Pakistan, Ashraf Wathra on Saturday stated that Pakistan will keep the target policy rate at 6 percent....

ADB approves $1.4b loan for Pakistan

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ISLAMABAD: The Asian Development Bank (ADB) Friday approved a $1.4 billion loan for Pakistan for installation of smart electricity metres to monitor growing theft...

14 electricity projects to be completed by 2018

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ISLAMABAD: The parliamentary committee on China-Pakistan Economic Corridor (CPEC) was briefed about 14 early harvest energy projects which would be completed in March 2018...

PM for Pak-Uzbek joint ventures to enhance trade upto $300m

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SAMARQAND: Prime Minister Nawaz Sharif says Pakistan and Uzbekistan should work together to increase trade to the level of three hundred million dollars. He...

Govt focusing on promotion of Islamic banking: Dar

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KARACHI: Finance Minister Ishaq Dar says the Government is focusing on promotion of Islamic Banking in the country. He was addressing the launching of...

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