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Pakistan to receive 4.5 billion loans and grants from friendly country

News Desk
2019-02-16

ISLAMABAD: To boost Pakistan’s sliding foreign exchange reserves, China hascommitted to provide $3.5 billion besides paying for socio-economicdevelopment plans being...

Pakistan plans to borrow another 1.44 billion for power sector

News Desk
2019-02-16

ISLAMABAD: Pakistan plans to borrow another 200 billion rupees ($1.44billion) to help clear power sector debt destabilizing the finances of...

Pakistan Railways announces to launch bullet train service

News Desk
2019-02-16

KARACHI – Minister for Railway Sheik Rashid Ahmad has said that governmenthas planned to bring 20 more passengers trains on...

Sarmaya Pakistan: PTI government launched an unprecedented initiative for economic uplift

News Desk
2019-02-15

ISLAMABAD – The federal government has established Sarmaya-e-Pakistan, aholding company to turn around state-owned enterprises by eliminating theirlosses. The Securities...

PIA discount fares launched for Saudi Arabia flights

News Desk
2019-02-15

ISLAMABAD – The Pakistan International Airlines (PIA) is offering a specialpromotional rate on flights from Jeddah to Karachi. The promotional...

10 billion Oil Refinery to save billions of dollars annual import substitution for Pakistan

News Desk
2019-02-15

ISLAMABAD – Federal Minister for Petroleum Ghulam Sarwar Khan says visit ofCrown Prince Mohammad Bin Salman is success of economic...

After British Airways, yet another top European Airline may resume services to Pakistan after a decade

News Desk
2019-02-15

ISLAMABAD – After British Airways, yet another top European Airline mayresume services to Pakistan after a decade, Petroleum Minister GhulamSarwar...

Pakistan foreign exchange reserves register yet another increase

News Desk
2019-02-14

KARACHI: The total liquid foreign reserves held by the country stood at$14.89 billion on February 8, a weekly report issued...

PTI government economic policies finally begun to bear fruit: Report

News Desk
2019-02-14

ISLAMABAD – Government’s economic decisions have finally begun to bearfruit as Pakistan’s trade deficit has gone down by 9.66 percent...

9 billion investment from China: Highest ever privatisation deal in the history of Pakistan

News Desk
2019-02-14

ISLAMABAD – The proposed deal with regard to the sale of K-Electric hasbeen recognised as the highest-value private transaction in...