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ISLAMABAD: The Pakistan Civil Aviation Authority (CAA) has granted a Charter Class-2 license to a private cargo airline. According to sources, a new cargo...
Hangpeng Zhao, the founder of Binance, the world’s largest cryptocurrency exchange, was recently sentenced to four months in prison. The 47-year-old former CEO of...
Following three consecutive days of decline, oil prices surged on Thursday amid investor expectations of the United States, the world’s largest consumer of crude...
Digital Retail Banks KARACHI/ISLAMABAD: In a bid to foster financial inclusion and availability of digital financial services, the State Bank of Pakistan (SBP) has...
ISLAMABAD: The Asian Development Bank (ADB) has released an economic outlook report on Pakistan’s economy, emphasizing the necessity of implementing an Economic Adjustment Program...
ISLAMABAD: The Pakistani rupee has been consistently strengthening against the US dollar, marking daily gains since it reached a record low of over Rs307...
Cabinet Committee ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar has relieved Shamshad Akhtar of yet another significant role in a cabinet committee. Shamshad Akhtar has...
Pakistan’s Circular Debt The Ministry of Energy’s latest circular debt report reveals a concerning 2.5% year-on-year increase, adding an additional Rs57 billion to the...
Post-tax profit ISLAMABAD: The half-year post-tax profit of banks operating in Pakistan doubled and amounted to Rs 284 billion during the Jan-June 2023 period....
BRI countries China’s food trade with nations participating in the Belt and Road Initiative (BRI) has surged to 553.82 billion yuan ($76.10 billion). China...
Exchange Company Meezan Bank Limited (PSX: MEBL) Board of Directors has approved the establishment of an Exchange Company with an initial paid-up capital of...