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Latest News on Business, Finance and Markets from Pakistan
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News
Ambassador appointed to China meets DPM
7+ hour, 9+ min ago (230+ words) ISLAMABAD: Pakistan’s Ambassador-designate to China, Ambassador Ali Asad Gilani, called on Deputy Prime Minister and Foreign Minister (DPM/FM) Senator Mohammad Ishaq Dar here on Saturday. The DPM/FM congratulated Ambassador-designate Gilani on his appointment and underscored the special importance…...
Iraq signs 25-year deal to develop Ajil oilfield
7+ hour, 9+ min ago (140+ words) BAGHDAD: Iraq’s North Oil Company signed a 25-year contract with private Iraqi project developer KEPPT to develop and operate the Ajil oilfield, the prime minister’s office said on Saturday. The agreement aims to raise the field’s gas output gradually to…...
FPCCI calls for stronger economic integration among OIC states
16+ hour, 19+ min ago (228+ words) Despite a combined GDP of around $10.77 trillion, trade among the 57 member states of the Organisation of Islamic Cooperation (OIC) accounts for only 20.36% of their total foreign trade, highlighting significant untapped potential for deeper economic integration, the Federation of Pakistan Chambers…...
Pakistan, Qatar explore trade routes linking Middle East, Türkiye, Europe
23+ hour, 15+ min ago (656+ words) Pakistan and Qatar have discussed establishing broader regional trade linkages through the Middle East and Central Asia, potentially connecting Pakistan with Türkiye and European markets, in a move aimed at expanding transit and bilateral trade opportunities. The development came during…...
Minister hopes for achieving cotton production target
1+ day, 2+ hour ago (201+ words) LAHORE: Punjab Minister for Agriculture Syed Ashiq Hussain Kirmani on Friday hoped that keeping in view the current cotton crop situation; the production target will be achieved. The participants were given a detailed briefing on the current cotton situation, the…...
Anti–dumping probe into soda ash import: Türkiye Trade Ministry conveys its regrets
1+ day, 3+ hour ago (226+ words) ISLAMABAD: The Ministry of Trade, Türkiye officially expressed its regrets for the initiation of the anti–dumping investigation and unexpected imposition of provisional measures on the import of soda ash which would impede the operation of market forces in a…...
IEA warns 2026 oil supply gap will widen
1+ day, 3+ hour ago (495+ words) LONDON: Global oil supply and demand look set to fall further than previously expected this year, the International Energy Agency said on Friday, as a lack of progress in ending the conflict in the Middle East delays the return of…...
Pressure on Iran at critical, dangerous stage: Pezeshkian
1+ day, 3+ hour ago (201+ words) NEW DELHI: Iranian President Masoud Pezeshkian said on Friday that pressure on his country from the United States had reached a critical and dangerous stage. Speaking in India ahead of a BRICS summit, Pezeshkian suggested that “the world today is…...
Turkish CG offers support for education
2+ day, 45+ min ago (232+ words) LAHORE: Consul General of Turkey Mehmet Eymen Semsek has said Turkey and Pakistan enjoy close relations in the field of education and the Turkish Consulate was ready to facilitate further cooperation and help discover new avenues of collaboration between the…...
China's yuan steady as dollar rebounds, investors eye US CPI
1+ day, 22+ hour ago (392+ words) SHANGHAI: China’s yuan held steady against the US dollar on Friday as the greenback rebounded and the central bank set a strong fixing, with investors positioning cautiously ahead of US inflation data later in the day. The spot yuan opened…...