Express
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Vehicle export begins under new auto policy | The Express Tribune
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[ad_1] KARACHI: An automaker based in Pakistan has begun vehicle export under the new Auto Industry Development and Export Policy (AIDEP 2021-26). It has become the first auto manufacturer in Pakistan that has started exporting under the new policy. As…
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Gwadar needs urgent power supply | The Express Tribune
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[ad_1] GWADAR: Gwadar is seeking urgent arrangements for power supply to ensure robust economic growth, business ecosystem and logistic activities at Gwadar Port as well as in the Gwadar region. The demand for early supply of electricity was made at…
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Market watch: Stocks rebound over ADB’s $2.5b loan hint | The Express Tribune
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[ad_1] KARACHI: The stock market staged a rebound on Thursday over indications that the ADB would provide $2.5 billion in loan coupled with optimism about the resumption of International Monetary Fund (IMF) loan programme, which rejuvenated investor interest. The benchmark…
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Market watch: KSE-100 rebounds over ADB $2.5b loan hints | The Express Tribune
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[ad_1] KARACHI: The stock market staged a rebound on Thursday over indications that the ADB would provide $2.5 billion in loan coupled with optimism about the resumption of International Monetary Fund (IMF) loan programme, which rejuvenated investor interest. The benchmark…
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Foreign exchange: SBP reserves dip $190m to $10.3b | The Express Tribune
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[ad_1] KARACHI: The foreign exchange reserves held by the central bank decreased 1.8% on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday. On May 6, the foreign currency reserves held by the…
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Pakistan exports its first SUV class vehicle | The Express Tribune
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[ad_1] KARACHI: Pakistan has exported its first vehicle – made by Master Changan Motors – under the new Auto Industry Development and Export Policy (AIDEP 2021-26), according to a press release issued by the company on Thursday. The press release stated that…
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MedznMore raises over $11.5m in investment | The Express Tribune
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[ad_1] MedznMore, a tech-based health care company, has raised more than $11.5m in investment in a pre-series A round, according to a press release issued by the company. It is the largest investment in health tech to date. The company…
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Toyota warns profit to skid 20% | The Express Tribune
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[ad_1] TOKYO: Toyota Motor warned “unprecedented” hikes in raw material costs could slice a fifth off full-year profit, a clear sign the world’s top automaker by sales can no longer shrug off the supply chain crunch that has roiled the…
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Oil up as Russia gas flow falls | The Express Tribune
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[ad_1] Oil prices jumped almost 5% on Wednesday after plunging nearly 10% in the previous two sessions, buoyed by supply concerns as flows of Russian gas to Europe fell and the European Union worked on gaining support for a Russian…
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Tech firm cancels book-building process | The Express Tribune
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[ad_1] KARACHI: A software company, operating in Pakistan and Germany, has announced to cancel its book-building process for the listing at Growth Enterprise Market (GEM) board at the Pakistan Stock Exchange (PSX). The announcement from Coeus Solutions on Wednesday came…
