Business

Pressure mounts on top producers to prevent spike in oil prices ahead of US sanctions on Iran

Development comes on back of announcements in mini-budget and increase in gas prices

Dispute between world’s top two economies has swiftly escalated since Trump took office

Delay caused by divergent views of ministries, govt intervention sought to resolve issue

Sadiq said there was a need to organise livestock census in all provinces of the country

Various chambers of commerce and industries need to do more for their SME members

Better result comes in the wake of higher other income

Company earns Rs8.9b, declares final cash dividend of Rs4.25

Insists high energy prices will make industry uncompetitive

Seeks explanation from CFO for misappropriation and irregularity

Steady growth in export proceeds and worker remittances also extend support

Contrary to expectations, it has resulted in only a marginal improvement in Pakistan’s exports to EU

It is due to grim water situation and persistent drought

Rs1.6 trillion diverted from the projects to be used to fund under implementation schemes

Says project can face delay due to country’s inability to resolve land disputes

Benchmark index rises 0.2% to settle at 41,320.13

China is forced to respond to US unilateralism and trade protectionism says the Finance Ministry

Industry officials welcome move which will attract investment

The event is the perfect platform to promote new food and drink products in Russia

Dawood Hercules exercised its right to terminate the agreement in accordance with the terms of the agreement

Additional offers including special rates on hotels, car rentals and Al Maha meet and greet services are available

Stresses that the government should cooperate with the marble industry

SBP has maintained that the slide in the rupee’s value is due to supply and demand dynamics of foreign exchange

New measures are positive for cement, steel, textile and auto sectors

Declares cash dividend of Rs1.5 per share, 15% bonus shares

Ban on new car purchase by non-filers of tax returns has been lifted

Cut in duty on 82 items will give a benefit of Rs5b to industry

WAPDA's plants produced more than 7,500MW in mid-Sept

Beijing struck back dollar-for-dollar to each escalation of the trade dispute but is running out of US goods to hit

According to Bloomberg, no final decisions have been made and the companies may decide against the transaction

Taxes to be increased on luxury items, duty on 1800cc cars increased to 20 per cent.

Trade tensions would likely impact Chinese and foreign companies immediately and negatively, says Ma

Benchmark index rises 717.6 points or 1.77% to settle at 41,238.07

Asad Umar says govt has introduced steep fiscal adjustment of 2.1% of GDP, equal to Rs814 billion

Oil and gas exploration activities being carried out in 10 blocks of the province

'Hiking gas tariff for industry would affect production activities and further reduce exports'

SBP has maintained that the slide in the rupee’s value is due to supply and demand dynamics of foreign exchange

Norinco, one of the Fortune 500 companies, is owned by the Chinese governmen

So far only Rs3b has been donated to the dam fund

Refurbishment of the first two units will be completed in 2019

Earnings per share stand
at Rs9.07 while board announces dividend of Rs1.5 per share

Consul general says Indonesian investors can capitalise on export potential by using its economic corridor

Bank president says it is making hefty investment in IT sector to fully adopt IT-based banking

Imported coal-fired projects put on backburner; two new hydropower projects to be proposed for inclusion

CM blames cuts on shortfall in federal transfers while presenting budget in assembly

ECC allowed import of 100,000 tons urea to meet requirement of Rabi crop

Delays in regulatory approvals from PTA due to absence of proper head led to failure of transaction

Increasing gas prices for power sector will hike electricity costs by 12%

Benchmark index decreases 0.98% to settle at 40,520.47

Kingdom’s first ever international loan aims to boost its diversification drive