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 […]
Category: Business
Pakistan signs $7 billion IMF deal for economic reform.
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.
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
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
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.
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
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.
Mixed performance in asian markets amid record wall street highs and fed rate cut hints.
Asian markets showed varied trends on Wednesday following fresh record highs on Wall Street and indications from Federal Reserve Chair Jerome Powell suggesting potential interest […]
World bank record disbursement to Pakistan in FY 2023-24.
The World Bank has disbursed a record $2.25 billion to Pakistan during the financial year 2023-24, including a significant $350 million policy loan. This historic […]