Business

Business

Iran to receive first Airbus plane in days

Iran is to take possession of the first aircraft this week in a huge order from Airbus placed after the…

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Pakistan’s once-booming textile industry struggles to bounce back

As Pakistan slowly emerges from a long-term power crisis, its once booming textile sector is scrambling to find its feet…

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PIA’s Director Tabassum A. Qadir quits over management presenting manipulated figures

Director Customer Services Tabassum A. Qadir has submitted her resignation to PIA chief Bernd Hildenbrand on Thursday . According to sources, Tabassum…

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ECC approves tax exemption for Orange Line Metro Train Project

The Economic Coordination Committee (ECC) of the cabinet Friday approved exemptions from withholding tax beyond 6 percent of E&M contract…

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Forex reserves stand at US $23.163 bln

The total liquid foreign reserves held by the country stood at US $23,163.6 million as on December 30, the State…

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China plans to spend $115 billion on railways in 2017

China plans to spend 800 billion yuan ($115.09 billion) on building railways this year, the same budget as last year,…

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Asad Umar grills Muhammad Zubair over privatization of Pakistan Steel Mill

Pakistan Tehreek-e-Insaf (PTI) MNA Asad Umar grilled his brother and Chairman of Privatization Commission Mohammad Zubair Khan over the privatization of…

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Samsung to reveal ‘Galaxy Note 7’ probe results in January: reports

Samsung Electronics Co Ltd (005930.KS) will announce this month the results of an investigation into what caused some of its…

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Hyundai, KIA aim to grow 2017 sales to 8.25 million vehicles globally

Hyundai Motor Co and affiliate KIA Motors said on Monday they aim to increase their combined sales to 8.25 million…

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