Business News
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Power sector needs new roadmaps | The Express Tribune
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[ad_1] ISLAMABAD: The chief executive officer of K-Electric (KE) has stressed that privatisation is the way forward to address the circular debt and formulation of clear long-term roadmaps can expedite the energy sector’s progress. He stated this while speaking at…
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14 US states where you can buy house in less than $75,000
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[ad_1] With rising prices and economic uncertainty, it has become very difficult to afford a new house, even in the United States. As per The Ringer, this is the worst time to buy a house in 40 years, as housing…
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FinMin Aurangzeb confident of reserves reaching $10bn by June
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[ad_1] Finance Minister Muhammad Aurangzeb speaks at 2024 Islamabad Business Summit on April 23, 2024. — X/@NutshellGroup With the Shehbaz Sharif-led government striving to stabilise the country’s economy, Finance Minister Muhammad Aurangzeb Tuesday predicted positive economic developments including improved foreign exchange…
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Saudi Arabia desperately looking for investors to fund Neom ‘The Line’ project
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[ad_1] The Line turns into a dot as Saudi cuts back project by 98.6%. — Parametric Architecture/File Saudi Arabia is facing difficulties in funding its $500 billion Neom megaproject, which features “The Line” city, Business Insider reported. And now for…
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C/A surplus hits 9-year high | The Express Tribune
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[ad_1] KARACHI: Pakistan’s current account balance made history by hitting a nine-year high surplus of $619 million in March 2024. This reduced the cumulative current account deficit to $508 million in the first nine months of the fiscal year 2023-24….
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March 2024 records highest-ever IT exports | The Express Tribune
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[ad_1] ISLAMABAD: ICT export remittances surged by $339 million (17.44%) to $2.283 billion during July 2023 to March 2024 of FY2023-24 compared to $1.944 billion reported for the same period last year. In March 2024, ICT services export remittances surged…
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After Islamabad, ‘Lahore and Karachi airports to be privatised too’
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[ad_1] Jinnah International Airport in Karachi. —Facebook/ Jinnah International Airport/File DUBAI: Finance Minister Muhammad Aurangzeb on Monday revealed that after the Islamabad International Airport, two more airports — Jinnah International Airport in Karachi and Allama Iqbal International Airport in…
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Notable oil and gas reserves discovered in Sindh’s Daharki | The Express Tribune
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[ad_1] DAHARKI: In a significant development that brings relief to the people of Pakistan grappling with a persistent gas shortage, Mari Petroleum Company Limited (MPCL) on Monday announced the discovery of notable oil and gas deposits in Daharki district of…
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Finance minister confident of enjoying larger, longer IMF programme | The Express Tribune
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[ad_1] Finance Minister Muhammad Aurangzeb expressed confidence in securing a fresh and bigger IMF loan, and highlighted the positive shifts in macroeconomic factors, aiming to bolster the country’s struggling economy. In an interview with The National, published on Monday, the…
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‘Iranian gas will come at a price for Pakistan’ | The Express Tribune
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[ad_1] KARACHI: When Iranian President Ebrahim Raisi visits Pakistan on Monday, experts believe that the two issues foremost on his mind, which he will want to discuss with his Pakistani counterpart President Asif Ali Zardari, will be border security and…
