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Iran woos local investors as US sanctions loom
The probable return of sanctions has triggered a rapid fall of Iran’s currency
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Turkish company keen to invest in healthcare
The delegation members said that the company was providing services in various fields of healthcare
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PIA privatisation a bad idea, says CEO
Cyan outlines ‘rational’ plan for revival, expansion of airline
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Weekly review: Bulls lead the way as KSE-100 gains 1,565 points
Clarity on political front boosts sentiment; fear of hung parliament dismissed
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Price of gold falls post-rupee appreciation
Is now being sold for Rs56,350 per tola
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IDB activates $4.5b credit facility for Pakistan’s oil imports
This financing is expected to stabilise rupee-dollar exchange rate
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PIA's Air Safari crashes even before take-off
Spokesman says Islamabad-Skardu flight has been suspended due to operational difficulties
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Dollar buying and selling spread goes as high as Rs13 in open market
Some dealers buy greenback for as low as Rs115, sell it for Rs126
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FBR suspends officer for misconduct
The matter was investigated and the officer has been placed under suspension for a period of three months
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Less than a week left for asset declaration
Foreign nationals have less than a week to declare their moveable and immovable assets
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SPI increases 0.21%
During the week, average prices of 15 items rose in a selected basket of goods
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Zuckerberg loses more than $15b in record Facebook fall
Hit comes after executives forecast years of lower profit margins
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Canadian start-up, featuring a Pakistani, wins Microsoft contest
It has developed a prosthetic arm that uses artificial intelligence
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SAARC CCI official hails Imran Khan’s speech
Says closer ties with neighbours crucial for development
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China agrees to give $2b loan to Pakistan
Inflow to ease pressure on foreign currency reserves
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Pakistan needs $1.2b annually to feed job market
Working paper says tough political decisions will have to be taken by upcoming govt
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Rupee appreciates against US dollar in open- and inter-bank markets
Strong rumours of further rise in the offing come Monday
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Incentives worth $1.6b approved for new coastal refinery in Balochistan
UAE firm will set up, invest $5b in the 100,000-bpd refinery in Hub
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For PTI, walk on tightrope ahead, suggests Moody's
It says plan to increase social spending and reduce tax amid need for tighter monetary and fiscal policies will clash
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Market watch: Stocks extend winning run, KSE-100 adds another 697 points
Benchmark increases 1.66% to settle at 42,786
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With PTI’s win, businessmen expect friendly policies, lower tax rate
Voice hope new finance minister will prove better than PML-N’s Dar
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‘Rising restrictions will threaten global economy’
WTO chief says eye-for-eye approach may become new normal
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ADB approves long-term corporate strategy
Strategy 2030 outlines institution’s broad vision to evolving needs of Asia and Pacific
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Turning from China, Mnuchin says US focused on EU pact
Will pay attention to steel and aluminum tariffs first
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POL discovers hydrocarbon in Attock
Pakistan Oilfields Limited (POL) has discovered hydrocarbon in its development and production lease area in Khaur
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Rupee stable against dollar
The rupee remained stable against the dollar at Rs128.4/128.6 in the inter-bank market on Thursday
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PTI sets tough economic tasks for next five years
Manifesto says it will create 10m jobs, 5m houses and raise revenue receipts
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Google launches free Wi-Fi hotspots
Google launched a network of free Wi-Fi hotspots in Nigeria
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PTI’s promises include turning around PIA, PSM
Party manifesto highlights strategy for SMEs, SOEs, tourism
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Crisis severe, no option to be ruled out, says Asad Umar
IMF bailout option on the table; Pakistan faces mammoth task in arranging $11b for FY19
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Foreign exchange: SBP's reserves drop by another $53m, stand at $9.01b
Central banks cites payments on account of external debt servicing as reasons for decline
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Post-election session: KSE-100 ends with 750-point gain
Benchmark index increases 1.81% to settle at 42,089.16
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China being vicious on trade, says Trump
In response to US tariffs, China targets agricultural products
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SAARC Chamber official stresses water storage capacity
Says Pakistan will face severe crisis if remedial measures not taken
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Smuggled goods account for 59% demand across major sectors
Customs department report reveals alarming statistics for Pakistan
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Pakistan receives less than projected loans from World Bank
Slow progress on projects means it fails to benefit from concessionary financing window
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EU carmakers ‘inflating’ emissions to skew carbon targets
Authorities are currently switching over from older emissions testing procedure known as NEDC to a new one called WLTP
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Private sector can benefit from CPEC
Pakistan’s positive economic outlook will make it a more attractive destination for private players
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EU threatens US with $20b tit-for-tat tariffs
Both countries come to negotiating table for talks over a festering trade dispute
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Skills scarcity hampering furniture exports
Opportunities worth billions of dollars are wasted every year
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Textile exports drop 2% as production cost rises
If cost increases, exporters are unable to pass the impact on to consumers
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‘200 CPEC projects to be completed in 12 years’
Chinese research fellow discards rumours about following old roadmap of British East India Company
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Land proposed for technology park in Faisalabad
Meant to showcase innovation and inventions for industrial needs
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Nearly half of export receipts come from just six countries
Goods' shipments from Pakistan to almost all regions record increase in FY18
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UNISAME lauds decision to set up CoE
UNISAME appreciated the decision of the NIBAF to set up a Centre of Excellence
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‘Economic recovery should be prioritised’
ICCI has demanded that the incoming government should give top priority to fixing the economy
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Fertiliser sales drop 39% in June
Analyst says it is due to high base effect
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Pak Suzuki’s three-month profit plunges 43%
Stands at Rs393.5m for April-June quarter
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Rupee stable against dollar
The rupee remained stable against the dollar at Rs128.4/128.6 in the inter-bank market
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Most companies comply with law
SECP has emphasised that effective measures taken by it have resulted in 85% compliance