Business

Business

Tuwairqi Steel Mills ltd.offers 7% equity to govt

Tuwairqi Steel Mills Limited (TSML) is ready to transfer seven per cent equity to the government as soon as the…

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Sukuk are new financial centre ‘status symbol’

Sukuk are the newest status symbol for leading international financial centres. Hong Kong is the latest city outside of the…

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Food prices drop to 5 year low: UN report

The price of food has dropped worldwide to an all-time, five year low, the UN agricultural agency reported. The Food…

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Falling oil price helps US economy

The drop in oil prices to their lowest in two years has caught many observers off guard, coming against a…

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Pakistan ranked ‘least efficient innovator’ throughout Asia by the ADB

A new ‘Creative Productivity Index’ (CPI) developed by the Asian Develop­ment Bank (ADB) and Economic Intelligence Unit (EIU) has ranked…

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Stocks cross 30,000-level once again

Thanks to Bulls led by foreign institutional investors, the KSE-100 index crossed the psychological barrier of 30,000 points, again, yesterday,…

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IMF to introduce LIDC group

The International Monetary Fund (IMF) is set to introduce a new grouping of countries to be known as ‘Low Income…

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Punjab taxi scheme delayed due to undisclosed reasons

The launch of Punjab government’s taxi scheme, for which the Pak Suzuki Motor Company Limited (PSMCL) has already entered into…

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200mmcfd of imported LNG approved for CNG users

Reviving hopes of CNG users, the government yesterday decided to divert a part of liquefied natural gas (LNG) expected to…

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