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New gas and condensate reserves discovered in Pakistan

News Desk
2018-12-05

KARACHI – A new Gas and Condensate discovery has been been reported inSindh, Pakistan. As per media report, Pakistan Petroleum...

CPEC: 8 billion foreign investment in Gwadar expected

News Desk
2018-12-05

ISLAMABAD – In a recent development, $8 billion investment is expected inthe Gwadar Oil City. Minister for Planning, Development and...

FATF action plan: Finance Minister reviews progress

News Desk
2018-12-05

ISLAMABAD – Finance Minister Asad Umar chaired a meeting in Islamabad toreview progress of FATF Action Plan. The meeting was...

Pakistan external debt and liabilities reach historic high of 96.7 billions

News Desk
2018-12-05

*ISLAMABAD – Pakistan* external debt and liabilities have reached $96.735billion by end of September. Statistics released by the State Bank...

Pakistan Railways train fares increased significantly

News Desk
2018-12-05

LAHORE – The Pakistan Railways on Tuesday increased train fares on itsmajor routes from 10 to 19 per cent. As...

A new Karachi Peshawar Train to run at 160 km per hour, cover journey in 8 hours

News Desk
2018-12-05

RAWALPINDI: Federal Minister for Railway Sheikh Rasheed Ahmed on Wednesday a new train would be started from Karachi to Peshawar...

Pakistan and Italy ink an important accord

News Desk
2018-12-05

ISLAMABAD: Pakistan and Italy have inked an important accord over bilateraltrade and economic ties. As per media report both countries...

Pakistan trade with South Asian countries to grow by 67 billion: World Bank economist

News Desk
2018-12-05

ISLAMABAD – Rhe current level of Pakistan’s trade with South Asia of only$23 billion per year as very low, World...

In a first, Pakistan to export 1000 MW electricity to Central Asian State

News Desk
2018-12-05

ISLAMABAD – In a first Pakistan has decided to export electricity to theCentral Asian State. As per media report, Pakistan...

PIA, PSM privatisation: Federal government takes the final decision

News Desk
2018-12-05

ISLAMABAD – The government has removed 14 State Owned Enterprises (SOEs)including Pakistan International Airlines, Pakistan Railways, and PakistanSteels Mills from...