Dastagir emphasis need to bridge gap between developed, developing nations

NAIROBI, Jul 18: Federal Minister for Commerce, Engr. Khurram Dastgir Khan has urged the developed nations to pursue more inclusive policies so that the...

Oil heading for weekly gain on supply cut deal hopes

LONDON, Jan 29: Oil rose towards $35 a barrel on Friday, a gain of some 25 percent from the 12-year lows seen earlier in...

Work on Pak-Iran gas pipeline to start soon

ISLAMABAD, Feb 26: Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi Friday said that work on $two billion Pak-Iran Gas Pipeline Project would...

Low oil prices put strains on Gulf currency pegs

KUWAIT CITY, Mar 6: Weak oil prices pose a threat to Gulf Arab states  currency pegs against the dollar, but the energy-rich region is...

Pakistan, Turkey agree to enhance economic cooperation

Ankara. Dec.03: Pakistan and Turkey have reaffirmed to strengthen cooperation in Railway sector. This understanding reached during separate meetings between Pakistan Ambassador to Turkey Sohail...

Dollar near 5-month low vs yen amid geopolitical risk

NEW YORK, Apr 12: The dollar fell broadly on Tuesday, nearly touching a five-month low against the Japanese yen, as geopolitical risk and declining...

The Abraaj Group considering divesting stake in K-Electric

KARACHI, Aug 30: A little over two weeks after K-Electric dismissed acquisition rumours, terming them incorrect and speculative, the company announced that its majority shareholder...

Gwadar to become hub of trade activities: Sanjrani

ISLAMABAD: Acting President Sadiq Sanjrani has said that Gwadar would soon become a hub of economic and trade activities bringing prosperity for Pakistan particularly...

Pak-Saudi Arabia JMC concludes; pledge to promote trade, investment

Islamabad: The 11th session of Pakistan-Saudi Arabia Joint Ministerial Commission (JMC) was concluded on Wednesday with renewed pledge to boost bilateral economic, investment...

Oil price plasters over OPEC rifts – for now

VIENNA, Jun 5: OPEC looks to be in a happier place with oil prices recovering, but its inability to agree an output ceiling to...