Business

Business

New airline Air Sial to commence operations by year-end

Sialkot Chambers of Commerce's (SCCI) private airline, Air Sial will  start operations by  year-end. Patron-in-chief, Air Sial and President of SCCI,…

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Exim Bank of US expresses interest in doing business in Pakistan

Fred P Hochberg, chairman and president of the Export-Import (Exim) Bank of the United States, recently visited Pakistan to look…

4 Min Read

“Politicking may hurt CPEC” World Bank

Political differences within Pakistan and an overall slowing down of the Chinese economy have become risks to the materialisation of the $46-billion…

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ECC formally approves strategy for North-South pipeline

The government earlier today formally approved the construction of a Russian-funded 1,100 km long North-South gas pipeline on Build Own…

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TAPI Pipeline Co’s shareholders sign $200m investment accord

The Shareholders of the Tapi Pipeline Company Limited have signed an investment agreement that will effectively pave the way for the…

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China’s Xinjiang seals Pakistan ties with $2 billion in deals

Companies from China’s violence-prone far western region of Xinjiang signed deals worth about $2 billion with Pakistan this week during…

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All-Share Islamic Index gets 41 new companies

Karachi: The Pakistan Stock Exchange (PSX) has added 41 new companies into the All-Share Islamic Index in the latest re-composition exercise,…

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PSO sends back ship carrying poor quality petrol

Islamabad: Pakistan State Oil (PSO) has refused to accept petrol supplies from a United Arab Emirates-based company because of poor quality,…

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Govt to set up LPG air-mix plants in hilly areas

Islamabad: The government has planned to set up 30 liquefied petroleum gas (LPG) air-mix plants with the assistance of gas utilities…

4 Min Read