The Economic Coordination Committee of the Cabinet has approved 2.5 billion rupees to address the shortfall of Pakistan Railways in order to ensure the continuation of operations without interruption.The ECC, which met in Islamabad on Friday with Fina…

AGP Limited (PSX: AGP) has decided to increase its stake in OBS Pakistan Limited to 92.5 percent, the company informed the Pakistan Stock Exchange on Friday.“The Board in its meeting held on June 14, 2023, and through subsequent approval effective fro…

Trade turnover between Russia and Pakistan has grown by over a third since last summer, as the two countries bolster economic ties, Pakistan’s minister for commerce, Syed Naveed Qamar, told RIA Novosti on Wednesday.Bilateral trade from July 2022 to May…

The central banks of the UAE and India are making great progress in talks about trading in dirham and rupee. They are expected to finalize an agreement soon. The goal is to reduce transaction costs and boost two-way trade between the countries.They wa…

Suzuki Motor Corporation has signed an agreement with SkyDrive Inc. to manufacture “flying cars” at a Shizuoka Suzuki plant in Japan in Spring 2024. SkyDrive is a Japanese company based in Toyota City, Aichi Prefecture.The two companies will develop a…

Pakistan and China signed a $4.8 billion deal Tuesday to build what would be the seventh Chinese nuclear power plant in the South Asian nation.The 1,200-megawatt project will be installed in the central Pakistani city of Chashma, where Beijing already…

Pakistan and Iran have agreed to enhance and diversify bilateral trade and expand cooperation in energy, transport connectivity, education and people-to-people exchanges.It was agreed at the 12th round of Pakistan-Iran Bilateral Political Consultation…

Local manufacturing plants have manufactured/assembled 3.44 million mobile handsets during the first four months (January-April) of 2023 compared to 0.3 million imported commercially.The official data suggests that local manufacturing plants have manu…

Are you considering investing in real estate in Islamabad? Look no further than G11, a thriving neighborhood in the heart of the city.With its strategic location, modern infrastructure, and promising investment opportunities, G11 has become a popular …

Meat traders have welcomed the decision by the General Administration of Customs of China (GACC) to give access to Pakistani beef exports, saying that it has been a long-standing demand of the industry.This comes after GACC granted access to Pakistani…