Business News
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Fly Jinnah joins hands with Bookme as preferred partner | The Express Tribune
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[ad_1] The recent news of Fly Jinnah’s much anticipated launch was met with open arms by eager travelers. Within just days of the launch we started seeing appreciative comments and posts pouring onto social media encouraging all potential customers to…
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Pakistan set to receive $500m from AIIB for development programme: FinMin
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[ad_1] The logo of the Asian Infrastructure Investment Bank (AIIB) can be seen at its headquarters in Beijing, China. — AFP/File ISLAMABAD: The Asian Infrastructure Investment Bank (AIIB) will extend $500 million as co-financing for a development programme in Pakistan,…
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SBP, NBP to withdraw appeals against imposing Islamic banking system in Pakistan: Dar
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[ad_1] Finance Minister Ishaq Dar speaks during a press conference in Islamabad, on November 9, 2022. — YouTube/PTVNewsLive ISLAMABAD: Finance Minister Ishaq Dar said Wednesday that the State Bank of Pakistan (SBP) and the National Bank of Pakistan (NBP) would…
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Setback for businesses, says FAP | The Express Tribune
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[ad_1] Forex Association of Pakistan (FAP) President, Malik Bostan, on Wednesday, said that, since the last six months, Pakistan has been suffering from political instability – the adverse effects of which are reflected in slower economic growth and declining rates…
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Pakistan to get $500m from AIIB for uplift scheme | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan will receive $500 million as co-financing for the BRACE development programme from the Asian Infrastructure Investment Bank (AIIB), Finance Minister Ishaq Dar said on Wednesday. The BRACE (Building Resilience with Active Counteryclical Expenditures Programme) is an Asian…
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Sugar mills claim surplus stock of $1b | The Express Tribune
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[ad_1] LAHORE: Sugar millers have emphasised that they have surplus stocks in the country amounting to $1 billion and these can be sold in the international market that will fetch foreign exchange as well as revenue for the government. In…
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Pakistan reduces cap on carrying foreign currency abroad
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[ad_1] A Pakistani currency dealer counts US dollars at a currency exchange shop. – AFP/File KARACHI: The central bank Tuesday reduced the cap to carry foreign currency abroad for travel purposes and decided to further rationalise the same. In a…
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‘Baseless’: Energy ministry denounces fuel shortage news
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[ad_1] A representational image of cars waiting in queues to fill tanks at the petrol pump. — Online/File ISLAMABAD: The Ministry of Energy Tuesday termed the rumours circulating regarding fuel shortage as “baseless” and said the petrol and diesel stocks…
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NEPRA raises power tariff under September FCA
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[ad_1] A representational image of a transmission tower, also known as an electricity pylon. — AFP/File ISLAMABAD: On account of fuel cost adjustment (FCA) for September 2022, the National Electric Power Regulatory Authority (Nepra) on Tuesday notified an increase in…
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Rupee remains stable against US dollar
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[ad_1] A representational image of US dollar notes. — Online/File KARACHI: The Pakistani rupee remained stable against the US dollar in the interbank market on Tuesday amid matching demand and supply of the greenback. Data released by the State Bank…
