Business

The IMF said the approval released $5.7 billion to the government immediately, but it also includes tougher conditions

Benchmark index advances 2,126 points, or 5.5%, amid Saudi financial support

Says text of contracts provides for renegotiations only through this way

Qasim will work with the Power Division and the task force on energy

Will assist industrial sector in switching over to knowledge-based economy

B2C side growing with increased internet use; large-scale investment is under way in B2B

Aim is to strengthen panel responsible for policymaking, except monetary policy

Earns Rs3.5b, declares cash dividend of Rs32.50 for Jul-Sept quarter

Gross margins improve due to higher urea sales, prices

Increase comes on the back of low operating costs, taxes

Rise comes mainly due to higher prices and volumes

Resolving energy affordability is a step towards reviving closed capacities in Punjab

Board of directors appreciates efforts of management for achieving 68% growth in pre-tax profit

CEO says, the company would invest $190 million for the oil and gas exploration and production during the year

Another six to seven months before plant starts contributing electricity to national grid

Power secretary assures distributors of taking up matter with ECC

Earlier this month a slump came when government decided to approach IMF

However, the SPI for the combined income group rose 5.82% compared to the corresponding week of previous year

Earnings per share of the bank stood at Rs1.1734, which is also 5.06% higher than period in 2017

Financial assistance package to be in shape of cash deposits, oil on deferred payments

Are required to generate the amount through reduction in line losses, better recoveries

Vows not to tolerate those found trying to tarnish the image of the airline or the country

Ambassador Yao Jing says all projects are mutually beneficial and CPEC is the manifest of China’s trust in Pakistan

US and China, which are locked in tariff war, not invited to the meeting

Benchmark index increases 2.33% to settle at 40,556.45

World’s billionaires see their collective wealth rise 19%

Fall comes due to elevated production cost, high base effect

Profit stands at Rs27.73b in Jul-Sept 2018 against Rs17b in same quarter last year

Maersk Pakistan responds to a news story in The Express Tribune

FFBL posts a 104% rise in profit for the quarter ended September 30, 2018

Says Pakistan is open for business; investors should take advantage of opportunities

HabibMetro Bank contributes Rs20 million to the Supreme Court and PM's Diamer-Basha and Mohmand Dam fund

Board of directors of Silkbank Limited hold meeting

HBL declared a consolidated profit after tax of Rs9.9 billion for the first nine months of 2018

Around 100 lawmakers from 26 countries will take part in confab, hosted by Senate of Pakistan

Its awareness wing along with FBR official will collect relevant data, documents

Policy proposes dual regulation for seed companies on different grounds

Airline needs around Rs3.1 billion to resume flights

PM calls investment indication of foreign investors’ confidence

Decrease of 3.26% attributed to external debt servicing, official payments

Benchmark index increases 360.79 points to settle at 39,631.91

Saudi Arabia plans to sell up to 5% of world's largest energy firm, hopes to raise up to $100b

Kingdom expects US to remain a key business partner

Says situation of Chinese assistance to get clear by start of talks with IMF

Assures them of cooperation in holding single-country fair, exchange of delegations

The backlash may force Riyadh to ease sweeping sanctions imposed on Doha

Board of Directors of Bank of Khyber held their 152nd meeting on October 18

A Stuttgart court awarded shareholders in two cases a total of €47 million

The projects have cost $3.38 billion during the past five years

Says SMEs need to switch to latest technology so they can export goods