Business

Business

Payment systems in Pakistan shows significant growth in 2016: State Bank

Payment Systems in Pakistan have shown significant growth in 2016. According to press release issued by the State Bank of…

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Saudi phone giant to buy 10% of Careem ride app

Saudi Arabia’s largest telecommunications firm STC plans to buy a 10 percent stake in car booking firm Careem, the company…

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US dollar holds near 14-year highs

The U.S. dollar edged lower against a basket of major currencies on Friday, but still held near 14-year highs touched…

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Toyota recalls 66,830 imported Lexus cars

The Chinese unit of Toyota Motor Corp will recall 66,830 imported Lexus brand vehicles in the country over potential safety…

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Pakistan, Russia hold ‘first-ever’ consultations on cooperation, connectivity

Pakistan and Russia have held their first consultations on regional issues here on Wednesday at the Ministry of Foreign Affairs.…

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KCCI pays glowing tribute to outgoing Corps Commander, DG Rangers

Business leaders and office bearers of Karachi Chamber of Commerce and Industry (KCCI) have congratulated Lt Gen Naveed Mukhtar and…

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Qatar abolishes controversial ‘kafala’ labour system

Qatar on Monday formally announced the end of its controversial “kafala” system, arguably the biggest ever labour reform undertaken by the…

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Overseas Pakistanis remit $7.8b in first five months of FY16-17

Overseas Pakistanis (OPs) have remitted US $7874.49 million in first five months (July to November) of Fiscal Year 2016-17, compared…

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OPEC and other oil giants agree cuts in ‘historic’ deal

Eleven countries agreed on Saturday to cut their oil output, teaming up with the OPEC cartel in an exceptional bid…

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