PAK-GULF BUSINESS

SBP sets higher Rs1.8tr agri credit target to help flood-hit farmers

SBP sets higher Rs1.8tr agri credit target to help flood-hit farmers

1 year ago

KARACHI: In the backdrop of massive damages to agriculture by unprecedented floods caused by historic monsoon rains, the State Bank of Pakistan (SBP) on Friday... Read More

Pak Rupee maintains upward trend, closes at 213.90

Pak Rupee maintains upward trend, closes at 213.90

1 year ago

KARACHI: Despite shrinking foreign exchange reserves, the rupee has continued to recover against the greenback as the supply of foreign currency increased consistently compared to... Read More

Saudi prince made $500 million Russia bet at start of Ukraine war

Saudi prince made $500 million Russia bet at start of Ukraine war

1 year ago

Riyadh: Saudi Arabia’s Kingdom Holding Co (4280.SE), the investment firm controlled by billionaire Prince Alwaleed Bin Talal, quietly invested more than $500 million in three... Read More

Pakistan, Turkey sign Preferential Trade Agreement

Pakistan, Turkey sign Preferential Trade Agreement

1 year ago

ISLAMABAD: Pakistan and Turkey on Friday signed the Preferential Trade Agreement (PTA) aimed at boosting trade in goods between the two countries. Prime Minister Shehbaz... Read More

Gold price decreases slightly by Rs400 to Rs143,100 per tola

Gold price decreases slightly by Rs400 to Rs143,100 per tola

1 year ago

Karachi: The gold prices on Wednesday witnessed a slight decrease as the rupee continues to gain ground against the greenback. The price of gold per... Read More

Economy poised to rebound

Economy poised to rebound

1 year ago

Karachi: Under the recurrent cycle of boom and bust, Pakistan’s economy has hit hard the bottom and is set to rebound with a requirement for... Read More

Etihad Airways orders seven new generation A350F freighters

Etihad Airways orders seven new generation A350F freighters

1 year ago

Abu Dhabi: Etihad Airways has firmed up its order with Airbus for seven new generation A350F freighters, following its earlier commitment announced at the Singapore... Read More

UAE: New car deliveries face up to 6-month delay due to semiconductor shortage

UAE: New car deliveries face up to 6-month delay due to semiconductor shortage

1 year ago

Dubai: Car dealers in the UAE blamed semiconductors and supply chain issues for the delays in deliveries of new cars which is not just UAE-specific... Read More

Oil prices edge up on supply concerns after drop to near 6-month low

Oil prices edge up on supply concerns after drop to near 6-month low

1 year ago

New York: Oil prices rose on Thursday as supply concerns triggered a rebound from multi-month lows plumbed in the previous session after US data signalled... Read More

For fifth straight session, dollar continues slump against Pak rupee

For fifth straight session, dollar continues slump against Pak rupee

1 year ago

KARACHI: The Pakistani rupee continued to gain territory against the US dollar for the fifth straight session in the interbank market on Thursday. The rupee... Read More