Express
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Baqir lauds growth of housing finance | The Express Tribune
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[ad_1] KARACHI: The number of applications for financing under the Mera Pakistan Mera Ghar scheme and their approvals are consistently on the rise and banks are green lighting over Rs4.5 billion and disbursing around Rs2.3 billion every week, said State Bank of Pakistan Governor Reza Baqir. He was speaking at an awareness drive of the…
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NPPMCL receives Rs100b bids from banks | The Express Tribune
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[ad_1] ISLAMABAD: National Power Parks Management Company Limited (NPPMCL) has received an unprecedented response from a syndicate of local banks for project financing in excess of Rs100 billion. NPPMCL, which owns and operates two power plants, was being privatised by the Privatisation Commission (PC), which led the recapitalisation of government of Pakistan’s equity and sovereign…
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Way ahead of luxurious snack | The Express Tribune
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[ad_1] “Plump and fragrant. I can easily peel it off without any tools, just by hand! I will definitely recommend it to my friends.” On one of China’s leading e-commerce platforms, click on the homepage of a Pakistani pine nuts shop with the highest sales volume, it is not difficult to see that the monthly…
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Market watch: Stocks rally as current account deficit shrinks | The Express Tribune
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[ad_1] KARACHI: Bulls staged a comeback at the Pakistan Stock Exchange on Monday, as the benchmark KSE-100 index, after staying in the green zone throughout the day, gained 200 points and started the week on a positive note. However, the trading volume and value remained thin mainly due to the prevailing scepticism on the domestic…
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Saudi ‘not responsible for any oil shortage’ after Houthi attacks | The Express Tribune
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[ad_1] RIYADH: Saudi Arabia said it would not bear responsibility for any shortages in oil supplies to global markets in light after recent attacks by Yemen’s Iran-aligned Houthis on Saudi oil facilities, Saudi state news agency (SPA) reported on Monday. The Houthis fired missiles and drones at Saudi energy and water desalination facilities, causing a…
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Effects of US rate hike | The Express Tribune
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[ad_1] ISLAMABAD: As widely expected, the United States central bank, the Federal Reserve (Fed), has hiked the benchmark interest rate by 25 basis points (0.25 percentage point) in a bid to tame inflation. It is for the first time since December 2018 that Fed has raised the lending rate. Since the outbreak of Covid-19 in…
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Anatomy of multi-pronged hybrid war: case of Ukraine | The Express Tribune
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[ad_1] ISLAMABAD: When we think of hybrid warfare, our mind often wanders into imagining advanced surveillance technologies from TV series such as ‘Mission Impossible’ or ‘Spycraft’ – depicting intriguing instances of espionage and reconnaissance. So, the current debate on hybrid warfare is also somewhat contained by this tendency of Hollywood to portray it as the…
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Olive story – how to harness potential? | The Express Tribune
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[ad_1] TUNIS: Tunisian city famous for olives and olive oil where I was invited by one of the world’s largest producers of organic olive to visit their mill and processing facilities. In about 20 years since its formation, the company has achieved global leadership with annual production touching 50,000 tons of olive oil. There is…
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Vote of no confidence in stock market | The Express Tribune
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[ad_1] KARACHI: top of their voices about the mouthwatering valuations at the stock market for quite some time, however, it seems no one is paying any heed to the calls. Faisal Shaji, Chief Strategist at Standard Capital Securities, also agrees that many attractive deals are currently available in the market, but he anticipates a lacklustre…
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Repercussions of Ukraine conflict | The Express Tribune
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[ad_1] ISLAMABAD: is a significant bilateral trade partner of Pakistan – in 2020 together, they accounted for less than $1 billion out of our total trade of about $68 billion. Nevertheless, the conflict would have a significant effect on our economy. The reason is that export restrictions on Russia and supply disruptions from Ukraine are…
