Pakistan stocks end high as SC grants bail to NawazThe KSE-100 index recovered 200 points Tuesday after the downward spiral in previous trading session. Recovery was made on back of multiple positive factors such as receipt of US$2.2 billion from chin...
Uber buys rival Careem in $3.1bn deal to dominate ride-hailing in Middle EastGlobal ride-hailing firm Uber Technologies will spend $3.1 billion to acquire Middle East rival Careem, buying dominance in a competitive region ahead of a hotly anticipated initial public offering. U...
WorldRemit introduces zero fee transfers to PakistanLeading digital money transfer service, WorldRemit, is offering its customers zero fees for transfers of $210 or over to Pakistan. * WorldRemit has introduced the fee waiver to further support its ove...
Pakistan needs to revise academic curriculum to reap CPEC benefits: SBPIn order to maximize returns from the opportunities arising out of the implementation of CPEC projects, Pakistan would have to take serious notice of its human capital deficiency, said State Bank of P...
Reon Announces 10 MW Solar Project at BhitReon Energy Limited Tuesday announced its latest 10 MW captive Solar Power Project for Eni New Energy Pakistan at Bhit, Sindh. The 10 MW photovoltaic project is expected to produce approximately 20 GW...
Oil prices up after supply cuts, but recession fears cap marketOil prices edged up on Tuesday, lifted by supply cuts led by producer club OPEC and US sanctions against Iran and Venezuela, but signs of a sharp economic slowdown and potentially even a recession kep...
The World Bank is committed to working with the government of Pakistan: Patchamuthu IllangovanThe C100 Think Tank - one of Pakistan's largest think tanks working towards actionable socioeconomic policy initiatives - brought together the country's top corporate leadership for a dialogue on shap...
Desert truffles are Libya’s ‘manna from heaven’Braving the cold and hostile Libyan desert, Milad Mohammed scratches the ground to extract what he calls "manna from heaven" -- white truffles coveted as a delicacy at home and abroad. The fungus know...
US economists less optimistic, see slower growth: surveyUS economists are less optimistic about the outlook and sharply lowered their growth forecasts for this year, amid slowing global growth and continued trade frictions, according to a survey published...
Fear of global recession hits Pakistan equity marketThe KSE-100 shed 403 points on Monday to close at 38,129 levels, down 1 percent, as pressure was seen in the market due to roll-over week. An equity analyst at Trust Securities said the benchmark KSE-...
PM Youth Programme to launch mobile app linking skilled workers with employersPrime Minister's Special Assistant on Youth Affairs, Muhammad Usman Dar, on Monday, called on Federal Minister for Education and Professional Training, Shafqat Mahmood, to deliberate upon the initiati...
Oil prices drop almost 1% on concerns US recession may be loomingOil prices dropped by almost 1 percent on Monday, with concerns recession could be looming outweighing supply disruptions from OPEC’s production cutbacks and from US sanctions on Iran and Venezuela. B...