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Abu Dhabi’s ADNOC acquires stake for $3.6b
Deepens chemicals expansion with majority share in Fertiglobe
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Minister explores tech collaboration in China tour
Ejaz discusses transfer of Chinese technology to Pakistan’s SEZs
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PC board approves rules to accelerate PIA privatisation
Under new rules, state assets can be sold to foreign nations via direct negotiations
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Global brands eye Pakistan’s market at international expo
Foreign delegations from Iran, Indonesia, China, and more actively tap into opportunities at ICPF in Karachi
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Activision to pay $50m to settle lawsuit
Sues 'Call of Duty' maker over allegations that it routinely underpaid and failed to promote female employees
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Investment in govt debt hits record
Banks inject 92% of deposits into T-bills and PIBs, leaving little for private sector
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Pakistan, Japan launch ambitious project to boost ICT exports
MoITT partners with JICA to position ICT sector on global stage
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Shell to sell Schwedt stake to UK’s Prax
Shell restarted efforts to sell the stake earlier this year after the German government put the local units of Rosneft
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Sindh digitises all land record, offers online services
New system will secure land ownership record, prevent manipulation
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IEA predicts record global coal demand in 2023
Surge driven by China and India despite decline in EU, US
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Bulls snatch control as stocks rally
KSE-100 index climbs 679.83 points, settles at 66,130.02
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Robust agri-sector to help meet GDP target
SBP governor says they are on track to achieve agricultural credit goal
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Brent oil turns positive after falling over $1
Drop comes as manufacturing survey shows third month of declines in new orders
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SPI inches down, but still elevated
Despite minor dip of 0.06%, inflation surged by 43.16% compared to same time last year
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Govt resolves disputes with KE
ECC okays deals, sending positive signals to Saudi investors, Shanghai Electric
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Rupee gets support from rise in forex reserves
Currency touches new six-week high at 283.26 vs dollar
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PTCL’s Rs108b deal to reshape industry
Strategic synergies, challenges come to light as PTCL acquires Telenor Pakistan
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Alvi warns against deceptive practices
Directs SECP to meet needs for disaster risk financing in case of calamity
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Over Rs13 per litre cut in petrol price likely
Projection based on global oil price fall, rupee strengthening
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IMF wants increase in tax on salaried class
Proposal aimed at doubling tax collection from business individuals, salaried persons
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Stocks rebound on Telenor’s acquisition deal
KSE-100 index rises 170.03 points, settles at 65,450.19
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Investment-friendly visa facility launched
SIFC body reviews progress on policy initiatives, key projects
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Foreign inflows propel rupee to Rs283.5 vs dollar
Gold prices also surge to almost a week high at Rs218,300 per tola
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Minister vows to follow population agenda
Says PIDE-UNFPA collaboration will address demographic dynamics, unpaid work challenges
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High courts’ role in privatisation ends
President issues ordinance to avoid delays in sale of assets, resolve disputes
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Hearing on KE tariff adjustment on Dec 20
Energy ministry seeks quarterly adjustments of Rs0.468 and Rs1.248
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IT experts call for fintech infrastructure enhancement
Raise concerns over regulatory complexities, cyber security risks, data privacy
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ADB keeps growth forecast at 1.9%
Report cites moderate economic confidence, high inflation as constraints
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With slight uptick, rupee stands at 283.61
Dollar demand dips after weakening of global oil prices
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FM pushes privatisation of state insurers
Says move will reduce public sector dominance, attract foreign investment, elevate insurance penetration
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Stocks undergo sharp correction on profit-taking
KSE-100 index tumbles 1,146.62 points, settles at 65,280.16
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Key agreements with KE delayed amidst cabinet objections
ECC to reconvene early next week to address members’ observations
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Russia exempts 1.2 billion egg imports from duty
Egg prices have risen more than 40% so far this year
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Default probability not strong: Fitch
Agency affirms ‘CCC’ rating for Pakistan that reflects high funding risks
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Fitch affirms Pakistan's rating at 'CCC' with stable outlook
Agency says ‘CCC’ rating reflects high external funding risks amid high medium-term financing requirements
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Policy rate left unchanged
Decision comes ahead of IMF board meeting; SBP expects deceleration in inflation
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‘Non-stop winter flow of gas to fertiliser sector’
Minister says govt ordered two LNG cargoes for December, one for January
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Pakistan, China vow to further enhance trade
Agree to work on outcomes of joint study conducted by two sides
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Committee formed for tax reforms
Aim is to broaden tax base, simplify rates, advocate fair treatment of active filers
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Exporters call for reforms to spur growth
Suggest foreign investments, energy cost reduction, and bureaucratic overhaul to transform economic landscape
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PSX rebounds strongly on policy rate status quo
KSE-100 index surges 414.46 points, settles at 66,426.78
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Progress on dam projects reviewed
Committee commends WAPDA, highlights land acquisition success
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Gas utility hires secretary accused of fraud
SSGC initiates investigation, terminates employment contract
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Rupee hits 6-week high
Settles below Rs284/$ as RDA inflows prove instrumental in stabilising forex
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FBR resists restructuring efforts
Defends exclusive mandate on tax policy formulation
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Saudi Aramco to buy 40% stake in major Pakistani oil company
Planned acquisition is one of the world's leading oil companies' first entry into Pakistani fuels retail market
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SBP holds key rate at 22% for fourth straight meeting
Core inflation is still at an elevated level and is coming down only gradually, says policy statement
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Christmas preparations spark joyful anticipation
Festival proves to be a blessing for shopkeepers, who earn good business by selling festival-related essentials
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Despite no allocation, ECNEC okays big scheme
Approves Thar Coal railway project worth Rs53.7b without budget allocation, challenges IMF commitments
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ADB approves $155m for women’s access to finance
Comprises of $100m for reforms, $50m to enable lending, $5.5m to finance related activities