Pakistan’s economy received a boost in July 2025 as large-scale manufacturing (LSM) industries registered solid growth, driven by improved domestic demand and a low base […]
Category: Business
FBR chief rejects claims of Rs100 billion loss in faceless customs system.
Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial has dismissed reports of a Rs100 billion loss under the Faceless Customs System, calling them “baseless […]
Kuwait unveils new city projects, service fee reforms, and visa-on-arrival policy for GCC residents.
Kuwait’s government on Sunday invited local and international firms to take the first step in bidding for contracts to develop three new cities, part of […]
FBR Audit Capacity: Recruitment of 1,600 Auditors to Strengthen Tax System
The Federal Board of Revenue (FBR) has announced a major step toward strengthening its tax enforcement mechanism by enhancing FBR audit capacity. To achieve this, around 1,600 new auditors will be recruited
Ferrari unveils 849 testarossa hybrid supercar, tribute to 1980s icon.
Ferrari on Tuesday unveiled the 849 Testarossa, a plug-in hybrid supercar that pays homage to the legendary 1980s Testarossa. The launch, held in Milan, marks […]
U.S. firm pledges $500 million investment in Pakistan’s critical minerals sector.
United States Strategic Metals (USSM), a leading American company in the field of critical minerals, has signed a Memorandum of Understanding (MoU) with Pakistan, committing […]
EU Braces for Gas Crisis as Winter Cold Threatens Supply
The EU gas shortage has become a pressing concern as experts warn that Europe may face severe energy insecurity if a cold winter strikes this year. Gazprom CEO Aleksey Miller recently cautioned that the region’s underground storage facilities have not been replenished sufficiently
Flour prices surge in twin cities amid government ban on 15kg bags.
Flour prices in the twin cities and adjoining areas have witnessed a steep rise, with authorities banning the sale of 15kg bags. According to market […]
U.S. job growth stalls in August, unemployment hits early four-year high.
U.S. job growth slowed dramatically in August, with nonfarm payrolls rising by just 22,000 jobs and the unemployment rate climbing to 4.3%, its highest level […]