Business

Business

Pakistan vegetable exports rose to $107m

Pakistan's overall vegetable exports grew by 57% in value during the first four months of the current fiscal year (July…

1 Min Read

Opec+ likely to maintain oil output level

Major oil-producing countries led by Saudi Arabia and Russia look set to maintain their current output levels at a meeting…

3 Min Read

EU agrees to impose price cap on Russian crude oil

The European Union will join the G7 powers in imposing a $60-per-barrel price cap on Russian oil, the Polish ambassador…

6 Min Read

Pakistan repays $1bn Sukuk, stops imminent default risk challenge: Blomberg

Bloomberg reported that the State Bank of Pakistan (SBP) made the payment for a $1 billion bond on Friday. Referring…

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Pakistan’s gold price reaches an all-time high of Rs163,500 per tola

Pakistan surged to Rs163,500, an all-time high, in tandem with the consistent rise in worldwide prices. All Pakistan Sarafa Gems…

1 Min Read

Musk delivers first Tesla truck, but no update on output, pricing

Tesla Chief Executive Elon Musk delivered the company's first heavy-duty Semi on Thursday to PepsiCo without offering updated forecasts for…

6 Min Read

Saudi Arabia extends the $3 billion deposit with the SBP

The State Bank of Pakistan (SBP) stated that Saudi Arabia had extended the maturity date for the $3 billion deposited…

1 Min Read

Pakistan’s trade deficit grows by 23 percent as exports decline

Pakistan's trade deficit widened by 23.59 percent month-over-month in November and jumped to $2.87 billion compared to $2.32 billion in…

1 Min Read

SBP refutes allegations of limits on opening LCs for crude oil and LNG imports

The State Bank of Pakistan (SBP) refuted rumors that the government has restricted the opening of Letters of Credit (LCs)…

2 Min Read