Business

Business

‘Fiat looking at Pakistan as next possible destination’

Islamabad: Italian Ambassador to Pakistan Stefano Pontecorvo has given some hope to Pakistan consumers, saying Fiat is viewing Pakistan as…

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UAE refinery to pump $500m into Pakistan

Islamabad: Al-Motahaden Petroleum Refineries of the United Arab Emirates will invest $500 million in setting up an oil refinery in Pakistan…

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July-November: Exports have another fall, trade deficit widens to $9.94b

Islamabad: Pakistan’s reliance on external borrowings is expected to grow further, as exports continued to disappoint in November, while pace of…

4 Min Read

India, Iran discuss undersea gas pipeline bypassing Pakistan

A senior Iranian official said on Monday that negotiations are being held to build a $4.5 billion undersea gas pipeline…

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Arif Habib Corp acquires 28% shares in Silkbank

The Arif Habib Corporation has acquired 28.23% shareholding in Silkbank, as per stock exchange reports earlier yesterday. The conglomerate with…

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IBA dean to step down by mid-2016

Karachi: Dr Ishrat Husain is going to step down as dean and director of the Institute of Business Administration (IBA), Karachi,…

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Govt brokered deal through PM Nawaz’s close relative to sell PIA to Dubai rulers claims PPP senator

The government has brokered a deal through a close relative of Prime Minister Nawaz Sharif to sell Pakistan International Airlines…

3 Min Read

Swedes interested in Pakistani market

 Swedish residents  are particularly interested in the long-term stability of Pakistan and its economy. They want Pakistan to witness economic…

5 Min Read

Govt to impose Rs.40 billion more taxes on ‘luxury goods’

An unrealistic tax target, coupled with a highly  inefficient tax machinery, has led to a situation where a shortfall of…

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