Business
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$430m US crude deal struck
In private sector transaction, Pakistan will import 6m barrels of WTI oil
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Gold eases despite global rally
Local rates dip Rs1,500/tola while international prices surge past $5,000/oz
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150 Faisalabad industry shutdowns leave 150,000 jobless, FCCI warns
BoI minister reviews SEZ progress at FIEDMC, industry flags logistics and investment issues
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World Bank flags irrigation failures
Says large volumes of water are wasted due to inefficient irrigation systems, ineffective agricultural practices
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Copper exports to China cross $1.14b
Aluminium ore shipments surge over 4,700% as mineral trade diversifies
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IMF third review talks likely in Feb
Completion to unlock $1b tranche; public, salary, and industry relief tops agenda
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Railway land leasing generates new revenue streams
Pakistan Railways owns around 168,000 acres of land nationwide, nearly 500 acres of high-value commercial land
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Australia looks for mining ventures
Minister proposes inter-governmental agreement for long-term cooperation
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PSX falls after surprise no change in rate
KSE-100 index sheds 385 points in uneventful session with no clear direction
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Chinese tech delegation explores long-term investment in Pakistan’s IT sector
Delegation cites digital ecosystem, skilled workforce during meeting with IT minister