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Category: Business

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Boeing CEO apologizes for NTSB rule violation.
  • Business

Boeing CEO apologizes for NTSB rule violation.

  • Ibtehaj Tahir
  • July 13, 2024
  • 0

Boeing CEO Dave Calhoun issued an apology and pledged adherence to government regulations following criticism from the National Transportation Safety Board (NTSB). The NTSB had […]

Egypt inflation rate moderates amid economic reforms.
  • Business

Egypt inflation rate moderates amid economic reforms.

  • Ibtehaj Tahir
  • July 13, 2024
  • 0

Egypt’s annual urban inflation rate continued its gradual decline for the fourth consecutive month in June, easing to 27.5% from 28.1% in May, according to […]

Turkiye leverages strategic position and EU customs deal to attract chinese investment.
  • Business

Turkiye leverages strategic position and EU customs deal to attract chinese investment.

  • Ibtehaj Tahir
  • July 13, 2024
  • 0

Turkiye, formerly known as Turkey, aims to capitalize on its strategic location and an EU customs deal to attract Chinese investors seeking tariff-free access to […]

Pakistan signs $7 billion IMF deal for economic reform.
  • Business

Pakistan signs $7 billion IMF deal for economic reform.

  • Ibtehaj Tahir
  • July 13, 2024
  • 0

Finance Minister Muhammad Aurangzeb highlighted the necessity of “structural reforms” and “sustainability” following Islamabad’s agreement with the IMF on a $7 billion package spanning 37 […]

Drought devastates morocco’s agricultural sector, leaving workers struggling.
  • Business

Drought devastates morocco’s agricultural sector, leaving workers struggling.

  • Ibtehaj Tahir
  • July 13, 2024
  • 0

In a sun-baked village north of Morocco’s capital Rabat, Mustapha Loubaoui and other itinerant workers wait idly by the roadside for farm work made scarce […]

Government Bans Import and Export of Wheat: Ministry of Commerce Issues Notification
  • Business

Government Bans Import and Export of Wheat: Ministry of Commerce Issues Notification

  • Usama Mudassar
  • July 13, 2024
  • 0

While the ban presents challenges, particularly for businesses involved in international trade, it also offers opportunities for local producers and has the potential to benefit the broader economy.

NEPRA Approves Electricity Price Hike: Impact on Consumers and Additional Taxes
  • Business

NEPRA Approves Electricity Price Hike: Impact on Consumers and Additional Taxes

  • Usama Mudassar
  • July 13, 2024
  • 0

As the government seeks to stabilize the energy sector and increase tax revenues, consumers are left to navigate the higher costs and additional financial burdens. It remains to be seen

Cabinet approves hike in base electricity tariff for various consumer categories.
  • Business

Cabinet approves hike in base electricity tariff for various consumer categories.

  • Ibtehaj Tahir
  • July 11, 2024
  • 0

The federal cabinet has approved a significant increase in the base electricity tariff for bulk, commercial, and agricultural consumers, while keeping the base tariff for […]

US Dollar Slightly Declines in Interbank, Positive Start for Pakistan Stock Exchange
  • Business

US Dollar Slightly Declines in Interbank, Positive Start for Pakistan Stock Exchange

  • Usama Mudassar
  • July 10, 2024
  • 0

The slight decrease in the US dollar’s value in the interbank market, coupled with a positive start in the Pakistan Stock Exchange, reflects ongoing market dynamics and investor sentiment.

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