The caretaker federal government in Pakistan has announced that the petrol price will remain unchanged at Rs281.34 per litre for the next two weeks. However, […]
Category: Business
Saudi Arabia’s PIF acquires 10% stake in heathrow airport holdings.
In a strategic move, Saudi Arabia’s Public Investment Fund (PIF) has finalized a share purchase agreement to acquire a 10% stake in FGP Topco Limited, […]
China opposes protectionism, seeks stronger global supply chain ties, says Premier Li Qiang.
China’s Premier Li Qiang expressed opposition to protectionism and emphasized a commitment to strengthening supply chain partnerships with all countries at the first China International […]
ECB president christine lagarde reveals son’s losses in crypto investments.
European Central Bank (ECB) President Christine Lagarde disclosed that her son lost “almost all” of his investments in cryptocurrencies, highlighting the risks associated with such […]
Pakistan rupee gains ground against US dollar amid positive economic indicators.
In Karachi, the Pakistan rupee showed resilience against the US dollar, marking a net gain of Rs1.13 or approximately 0.40% during the week in the […]
France and U.S. plan to seek halt to private financing for coal plants at UN climate conference.
France, with the backing of the United States, is planning to propose a halt to private financing for coal-based power plants during the upcoming UN […]
Dollar hits fresh milestone lows as China guides yuan higher.
The dollar has reached new milestone lows against major currencies, including the euro and yen, as China’s central bank guided the yuan higher. The yuan […]
IMF-Pakistan talks conclude, policy draft for stand-by arrangement review prepared
Following the conclusion of talks between the International Monetary Fund (IMF) delegation and Pakistani authorities regarding the first review of the $3 billion stand-by arrangement, […]
Pakistan and IMF reach agreement to maintain annual tax collection target at Rs 9,415 billion.
Pakistan has successfully concluded discussions with the International Monetary Fund (IMF), solidifying an agreement to uphold the annual tax collection target at Rs 9,415 billion. […]