Pakistan’s Surprising Gas Import Decision: LNG from Azerbaijan Amid Local Production Cut ISLAMABAD:Pakistan has decided to import liquefied natural gas (LNG) from Azerbaijan next month, a move that comes after deferring LNG deliveries from Qatar and reducing local gas exploration…
PIA to Resume Flights to Europe in January, Starting with Paris Pakistan International Airlines (PIA) announced on Friday that it will resume flights to Europe in January, beginning with a flight to Paris, following the lifting of a ban by…
The Federal Board of Revenue (FBR) has introduced a withholding tax on wedding halls, which will be directly collected from the booking party rather than the hall owners. A delegation from the Wedding Hall Association recently met with FBR officials…
Dubai South, one of Dubai’s largest urban developments, has teamed up with Bahria Town (BT) Holding LLC to create a new master-planned community in the Golf District, close to Al Maktoum International Airport. This project aims to cater to the…
The Pakistan Stock Exchange (PSX) continued its upward trajectory on Friday, with the KSE-100 index hitting a historic high of 109,000 points during intra-day trading. The market saw a significant boost, starting with an increase of 1,035 points, pushing the…
The Punjab government has officially lifted restrictions on early closures of markets, shopping malls, and restaurants following a notable improvement in the air quality index. The announcement came through a notification issued on Friday by Environment Director General Imran Hamid…
KARACHI: The State Bank of Pakistan (SBP) reported a $620 million increase in foreign exchange reserves, according to ARY News. In a statement, the SBP announced that Pakistan’s total foreign reserves have risen to $16.62 billion, supported by a recent…
After remaining unchanged the previous day, gold prices in Pakistan saw a slight increase on Thursday, following global market trends. In the local market, the price of 24-karat gold per tola rose by Rs500, reaching Rs275,700, according to the All-Pakistan…
ISLAMABAD: Pakistan’s wheat imports saw a complete reduction during the first four months of the current financial year, compared to the same period last year, as per data from the Pakistan Bureau of Statistics. From July to October 2023-24, Pakistan…
ISLAMABAD: Minister for Petroleum Musadik Malik has firmly denied reports claiming that Pakistan and Russia have reached an agreement to import discounted crude oil. In a statement to the media, Malik stated, “The reports about a deal with Russia for…
