Pakistan
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Pakistan suffering Rs8 trillion in tax loss each year due to illicit trade
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[ad_1] Shipping activity can be seen at Port Qasim, Karachi. — APP/File Amid dire economic circumstances, Pakistan is also losing Rs8 trillion each year in tax loss due to rampant illicit trade which is further exacerbating the country’s worrisome financial indicators….
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Pakistan opens new doors for foreign investment in diverse fields: Masood Khan
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[ad_1] Pakistan’s Ambassador to the United States Masood Khan addressing a seminar in Washington, US. — Radio Pakistan Highlighting an investment-friendly environment and business opportunities available in Pakistan, Islamabad’s ambassador to the United States has said that his country has…
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IMF urges Pakistan to strictly implement targets as agreed
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[ad_1] An International Monetary Fund official speaks during an interview with AFP at the IMF headquarters in Washington, DC, on July 26, 2022. — AFP ISLAMABAD: Pakistan has been informed by the International Monetary Fund (IMF) that it needs to…
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Saudi firm acquires majority stake in Shell Pakistan | The Express Tribune
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[ad_1] ISLAMABAD: In a significant move, Royal Dutch oil company Shell has reached an agreement to sell its 77.42% majority stake in Shell Pakistan Limited (SPL) to Saudi firm Wafi Energy LLC. This decision comes as Shell reorganises its global…
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Shell to sell majority stake in Pakistan unit to Saudi oil firm
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[ad_1] A view of a closed petrol pump due to fake news of petrol price hike again in the country. — Online/File Shell Pakistan said its parent company’s unit, Shell Petroleum Company, has signed a deal to sell its 77.42%…
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‘Pakistan to focus on indigenous, renewable energy sources’ | The Express Tribune
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[ad_1] ISLAMABAD: In a meeting with the Ambassador of China to Pakistan, Jiang Zaidong, Caretaker Federal Minister Muhammad Ali conveyed Pakistan’s commitment to shaping its future energy landscape with a strong emphasis on indigenous and renewable sources. The minister highlighted…
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Pakistan hopeful of successful IMF review
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[ad_1] Caretaker Prime Minister Anwaar-ul-Haq Kakar talking to the media in Lahore, on October 31, 2023, in this still taken from a video. — YouTube/PTV The caretaker government is hopeful of successfully concluding the upcoming review of the International Monetary Fund…
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IMF delegation to visit Pakistan on Nov 2 for SBA review
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[ad_1] In this file photo taken on April 15, 2020, a sign is seen outside the headquarters of the International Monetary Fund (IMF) in Washington, DC. — AFP A delegation of the International Monetary Fund (IMF) will arrive in Pakistan…
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Pakistan, China explore investment avenues | The Express Tribune
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[ad_1] ISLAMABAD: Federal Minister of Commerce Dr Gohar Ejaz held a series of highly productive meetings with prominent Chinese business leaders and investment groups on the sidelines of the 3rd Belt and Road Forum in Beijing. These meetings were aimed…
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Strong macros toss Pakistan stocks to highest in over 6 years
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[ad_1] A stock broker watches share prices during a trading session at the Pakistan Stock Exchange (PSX) in Karachi on July 31, 2023. — AFP Stocks rallied Friday as the bulls pushed the market by over 300 points and it…
