Business News
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Civil servants may get up to 15% salary raise | The Express Tribune
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[ad_1] A 10% to 15% increase in the salaries of government employees is expected in the federal budget for the fiscal year 2024-25. The federal government is also likely to hike the pensions of retired employees by 10%. Besides, a…
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Govt mulls restricting use of cash, decides to introduce reforms in real estate sector
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[ad_1] A man counts Pakistani rupee notes at a currency exchange shop in Peshawar, Pakistan September 12, 2023. — Reuters KARACHI: The federal government is considering imposing a restriction on use of cash along with introducing reforms in the real…
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European countries ditching US for BRICS?
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[ad_1] Doubts in US dollar begin to seep in as new currency comes to the rescue. — Business Forward/Wikipedia/File As BRICS group is set to meet for its annual summit in October, it is expected that several European countries may…
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Rupee bounces back on rise in reserves | The Express Tribune
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[ad_1] KARACHI: Pakistani currency regained Rs0.19 on Friday and closed at Rs278.21 against the US dollar in the inter-bank market following a surge in the central bank’s foreign exchange reserves to a two-year high above $9 billion. According to the…
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UK billionaires unveiled: Who are the richest of the richest?
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[ad_1] UK’s richest billionaires unveiled in new list. — The Black Watch Castle & Museum/WireImage/India Today Group/File Rishi Sunak and Akshata Murty’s wealth has surpassed King Charles and now a detailed list of UK’s top billionaires has also been revealed….
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UN projects Pakistan’s economy to grow by 2% in 2024 | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan, which faces significant economic challenges, is expected to have “modest economic growth,” with its Gross Domestic Product (GDP) projected to expand by 2 per cent in 2024, according to a United Nations report. Noting that Pakistan had…
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Fly Jinnah starts 4th international route | The Express Tribune
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[ad_1] KARACHI: Fly Jinnah has announced the launch of its fourth international route, connecting Islamabad with Bahrain. The inaugural flight is scheduled for June 13th, and initial operations will consist of two weekly flights. The airline is also in the…
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Poland urges Pakistan to protect foreign investment | The Express Tribune
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[ad_1] ISLAMABAD: Poland’s Ambassador Maciej Pisarkski on Thursday urged Pakistan to take immediate steps for making the life of foreign investors easier, who are badly suffering because of delay in payment of their dues and difficulties in keeping their machinery…
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‘Pakistan to be among world’s top 10 economies by 2047’ | The Express Tribune
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[ad_1] ISLAMABAD: Federal Minister for Planning, Development and Reforms Ahsan Iqbal on Thursday said that by 2047, Pakistan would be included amongst the top 10 economies in the world. “By working hard, we can bring Pakistan to the top 10…
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Egypt receives $14bn from UAE to develop Ras Al Hekma
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[ad_1] Egypt receives second payment from UAE as part of $35bn deal to develop Ras Al Hekma. — UN Habitat via Egyptian Ministry of Housing Egypt has received a $14 billion payment from the United Arab Emirates for the development of its…
