Business

Business

Pakistan Reportedly Seeks $10B US Treasury Liquidity Facility

ISLAMABAD: Pakistan has reportedly sought a USD 10 billion liquidity facility from the US Treasury’s Exchange Stabilisation Fund, although neither…

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Pakistan Plans 150-Acre Auto Zone at Port Qasim

KARACHI, Sindh: Pakistan plans to establish a 150-acre automotive processing zone at Port Qasim, with proponents estimating annual exports of…

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Brent Crude Price Falls to $88.42 on Demand Forecast Cuts

LONDON: The Brent crude price fell 0.55% to USD 88.42 a barrel by 1:15 p.m. GMT Wednesday, Reuters reported. WTI…

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SECP Shariah Brokerage Opens at 33 Pakistan Brokerages

ISLAMABAD: SECP Shariah brokerage services have started through Islamic windows at 33 brokerage houses, expanding riba-free access to Pakistan’s capital…

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Oil Prices Rise as Brent Nears $90 After Two Ship Attacks

Oil prices rose on Wednesday, with Brent reaching $89.63 a barrel after two ship attacks and fading US-Iran peace hopes…

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Iran Reparations Demand by Trump Lifts Oil Prices 5%

President Donald Trump of the United States issued an Iran reparations demand in Washington, D.C., on Monday, August 10, clouding…

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Badakhshan Gold Mining: Afghanistan Closes 225 Sites

FAIZABAD, Afghanistan: Authorities closed about 225 Badakhshan gold mining sites after operations damaged communities, provincial mines chief Abdul Mateen Rahimzai…

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Kuwait Commercial Concealment Law Sets KD100,000 Fine

KUWAIT CITY, Kuwait: The Kuwait commercial concealment law will impose up to three years in prison and a KD100,000 fine…

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Shein Vietnam Operations Shrink 60% as Trade Rules Shift

Shein Vietnam operations have shrunk 60%, with the retailer cutting its leased logistics footprint near Ho Chi Minh City from…

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