Business

Business

Petroleum Ministry proposes reduction of Fuel prices by Rs.3/lit

The prices of petroleum products may be slashed as a federal petroleum ministry has proposed reduction in prices from August and summary…

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Binladin Group seeks loan extension after Grand Mosque payment delay

Saudi Binladin Group has asked for an extension on a 817 million riyal ($217.8 million) Islamic loan that matured last…

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Oil prices up in Asia

Oil prices extended their rise in Asia Monday as robust economic data from the United States and China fueled hopes of a pick-up…

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Pakistan to start importing RON 92 standard petrol from October

Pakistan will start importing RON 92 standard petrol from October, which will improve efficiency of vehicles and give good mileage…

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All old design currency notes to be demonetized by Dec 1, 2016: SBP

All old design currency notes will cease to be legal tender with effect from December 1, 2016. As per Federal…

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US, China clash over market economy status at WTO

The United States warned China on Thursday that it had not done enough to qualify for market economy status, especially…

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Implementation of Dasu Hydropower Project top priority: Dar

Finance Minister, Senator Mohammad Ishaq Dar Thursday highlighted that early implementation of Dasu Hydropower Project Stage-I was a national priority…

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Oil down 4 percent; U.S. stockpile data feeds glut warning

Oil markets tumbled more than 4 percent on Wednesday, erasing most of the previous session’s gain, as a raft of…

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Qatar to build hotel shaped like desert flower

Qatar will construct two buildings designed by late Iraqi-British architect Zaha Hadid, including a tower shaped like a desert flower…

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