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Category: Business

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Iran plans to boost oil output amid OPEC+ tensions.
  • Business

Iran plans to boost oil output amid OPEC+ tensions.

  • Ibtehaj Tahir
  • May 26, 2024
  • 0

Iran, a key member of the Organization of the Petroleum Exporting Countries (OPEC), has approved a plan to increase its oil output to four million […]

Chinese premier li qiang encourages further samsung investment amid geopolitical challenges.
  • Business

Chinese premier li qiang encourages further samsung investment amid geopolitical challenges.

  • Ibtehaj Tahir
  • May 26, 2024
  • 0

Chinese Premier Li Qiang expressed China’s welcome for increased investment from Samsung during a meeting with the company’s chairman, Jay Y. Lee, in Seoul on […]

Federal Government Ends Gas Subsidy for Fertilizer Factories
  • Business

Federal Government Ends Gas Subsidy for Fertilizer Factories

  • Usama Mudassar
  • May 25, 2024
  • 0

This development underscores the delicate balance between economic policy and its real-world implications, particularly in sectors as vital as agriculture. The government’s commitment to finding viable alternatives will be crucial in ensuring that the benefits of this policy adjustment

British household energy bills to drop in July, but analysts warn of future increases.
  • Business

British household energy bills to drop in July, but analysts warn of future increases.

  • Ibtehaj Tahir
  • May 24, 2024
  • 0

Most British households will see a reduction in energy bills starting in July after regulator Ofgem cut its domestic price cap by 7%, primarily due […]

Stock Market Decline and Slight Dollar Dip Mark Mid-Week Trading
  • Business

Stock Market Decline and Slight Dollar Dip Mark Mid-Week Trading

  • Usama Mudassar
  • May 23, 2024
  • 0

The fourth day of the business week saw a notable drop in the stock market index by 159 points, bringing it to 74,797 points, alongside a slight decrease in the value of the US dollar in the interbank market to Rs 278.40

China proposes 25% import tariff on large gasoline cars amid rising global trade tensions.
  • Business

China proposes 25% import tariff on large gasoline cars amid rising global trade tensions.

  • Ibtehaj Tahir
  • May 22, 2024
  • 0

China should raise its import tariffs on large gasoline-powered cars to 25%, according to Liu Bin, an expert from the government-affiliated China Automotive Technology & […]

Pakistan Proposes Ambitious Tax Target Amid IMF Talks
  • Business

Pakistan Proposes Ambitious Tax Target Amid IMF Talks

  • Usama Mudassar
  • May 21, 2024
  • 0

As Pakistan navigates through economic negotiations with the IMF, setting ambitious targets while managing fiscal constraints presents a delicate balancing act. The proposed tax target

Dubai airport expects record passenger traffic amidst strong economic growth.
  • Business

Dubai airport expects record passenger traffic amidst strong economic growth.

  • Ibtehaj Tahir
  • May 21, 2024
  • 0

Dubai Airports announced on Tuesday that Dubai International Airport (DXB) anticipates a record-breaking year in passenger traffic, following an impressive 8.4 percent increase in the […]

Foreign partnership ushers in lightweight aircraft production in pakistan.
  • Business

Foreign partnership ushers in lightweight aircraft production in pakistan.

  • Ibtehaj Tahir
  • May 20, 2024
  • 0

Pakistan’s aviation industry is on the brink of a significant breakthrough with the initiation of lightweight aircraft production, driven by a pioneering collaboration between Sky […]

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