Business
Business
Significant Hike in National Power Tariffs: A Move to Aid Loss-making Discos
To support loss-making power distribution companies (Discos), the national power regulator has raised the national average tariff by about Rs5…
IMF Stresses on Steadfast Implementation of Stand-by Arrangement for Pakistan’s Stability
Julie Kozack, the International Monetary Fund's (IMF) Director of Strategic Communications, has underscored that the "steadfast implementation" of the nine-month…
America’s Oldest Craft Brewery, Anchor Brewing, Shuts Down
Anchor Brewing, the revered institution titled America's oldest craft brewery since its establishment in 1896 in San Francisco, has announced…
Pakistani Rupee Recovers Against the Dollar as IMF Approves $3B Loan
On Thursday morning, Pakistan's currency has seen an improvement of Rs2.14, reaching Rs275.34 against the US dollar in the interbank…
Careem’s New Mass-Commute Service: An Innovative Response to Pakistan’s Inflation
Due to escalating inflation rates in Pakistan, businesses seek affordable transport solutions. Recognising this need, a leading ride-hailing firm, Careem,…
Saudi Aramco Examines Pakistan’s Proposal for Deep Conversion Refinery
Saudi Arabian Oil Group, Aramco, is reviewing Pakistan's proposal for constructing a deep conversion refinery in Hub, Balochistan. The $10.5…
Boosting Pharma Exports: Pakistan Targets $5 Billion By 2030
Syed Naveed Qamar, the Minister of Commerce, recently emphasized the need for a collaborative effort among the government, industry stakeholders,…
Indus Motor Company’s Landmark Deal with Toyota Egypt
Indus Motor Company (IMC), Pakistan's leading automaker, has agreed with Toyota Egypt to start exporting automotive products as of July.…
Pakistan-Saudi Arabia Agreement on Oil Refinery Nears Signing
Pakistan's pursuit of establishing an oil refinery is making promising strides, with an agreement between Pakistan and Saudi Arabia on…