Category Archives: Business & Finance

OIC chief stresses importance of capacity building of OIC and members states in mediation

Jeddah The Secretary General of the Organization of Islamic Cooperation (OIC) Dr. Yousef Al-Othaimeen noted that the organization seeks to promote its mediation capacities, apply the best mechanisms to address threats to peace and security, and

Textile Exports Witness An Increase of 3.12% in July 2019

The textile exports of the country increased by 3.12% in July 2019 to $1.226 billion as compared to $1.189 billion in the same period last year, State Bank of Pakistan reported on Wednesday.The textile items which showed growth during the…

PM directs to accelerate efforts for reviving Pakistan Steel Mills

Prime Minister Imran Khan has directed the Ministry of Trade and Industry to accelerate efforts for reviving Pakistan Steel Mills.Chairing a review meeting on progress in revival of Pakistan Steel Mills in Islamabad on Monday, he said it is a…

Govt finalizes draft for e-commerce policy framework

The government has prepared a draft e-commerce policy framework to pave way for holistic growth of e-commerce in the country.It is hoped that, Pakistan's e-commerce sector grows exponentially to claim a substantial share in global trade, which in turn ...…

Advisor on Commerce invites Korean investors to avail opportunities in Pakistan

Advisor on Commerce, Textile, Industries and Investment Abdul Razak Dawood has said that Pakistan is ready to facilitate Korean investors and businesses in Pakistan.The Prime Minister's Advisor visited Korea to tap Korean market for Pakistani businesse... Read More ...

PSX remains bearish on Tuesday

The KSE-100 Index closed today at 31658.12 points as compared to 31734.23 points on the last working day with a negative change of 76.11 points.The total turnover was 51,288,820 as compared to 45,785,030 on the last working day with Maple…

SNGPL Posts a Massive 31% Increase in Profits

Sui Northern Gas Pipelines Limited's (SNGPL) has announced its financial results for the nine months ended March 31 219.The stateowned utility's profit surged by 31% to Rs. 7.82 billion as compared with a profit of Rs. 5.98 billion in the…

OGRA issues its performance report of the year

Oil and Gas Regulatory Authority has issued its performance report of the year.According to the report, the OGRA issued licenses to nine companies for the purpose of oil marketing while six companies were given permission selling petroleum-related good... Read

First vessel carrying crude oil under SFD berths at Karachi Port

The first vessel, MT Quetta, carrying the Arab Light crude oil cargo for PARCO berthed to Karachi Port on Saturday.This vessel has reached Pakistan under Saudi Fund for Development.Source: Radio Pakistan Read More ...

Pakistani expatriates are our precious asset: Asad Qaiser

Speaker National Assembly Asad Qaiser has invited overseas Pakistanis to benefit from the lucrative business opportunities in Pakistan.Addressing Pakistani community in Manchester on Sunday, he said the government is making all out efforts to overcome ... Read More ...