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FM's promises rejuvenate Pakistan stocks, up 364 points

Pakistan, Jan. 15 -- Pakistan equities Monday closed in green with benchmark KSE-100 Index settling at 39,413, up 0.93 percent for the day on the back of anticipation of relief for the stock market in... Read More


Opp for parliamentary probe into award of Mohmand Dam contract

Pakistan, Jan. 15 -- Major opposition parties in National Assembly on Monday demanded an investigation into controversial award of contract for the construction of Rs 309 billion Mohmand Dam. "There ... Read More


MoU for Gwadar oil city likely in February

Pakistan, Jan. 15 -- A Memorandum of Understanding (MoU) is likely to be signed between Pakistan and Saudi Arabia in February for the establishment of a mega oil city at the Gwadar deep seaport city, ... Read More


Business community reposes full confidence in leadership of Imran Khan, armed forces

Pakistan, Jan. 15 -- Newly elected leadership of Federation of Pakistan Commerce and Industry (FPCCI) Monday reposing full confidence in the dynamic leadership of Prime Minister Imran Khan and the arm... Read More


First REIT foreign investment agreement signed

Pakistan, Jan. 15 -- TPL Properties has signed a Memorandum of Understanding (MOU) with Equitativa, the largest Real Estate Investment Trusts (REIT) manager in the GCC and manager of Emirates REIT, to... Read More


SC seeks mechanism to preserve groundwater

Pakistan, Jan. 15 -- The Supreme Court on Monday sought details of mechanism devised by the federal and provincial governments for preservation of groundwater and measures to prevent its exploitation.... Read More


Rare relief for Sharifs

Pakistan, Jan. 15 -- The Supreme Court on Monday dismissed the National Accountability Bureau's appeal against the suspension of Sharif family's sentences in the Avenfield reference. A five-member be... Read More


Bangladesh lends land to islanders as water devours homes

Pakistan, Jan. 15 -- Ferdousi Akter's family struggled to survive after a crumbling riverbank forced them to abandon their home and move to a new part of the island where they live, off the Bangladesh... Read More


Oil slides on China trade slump, but crude imports remain high

Pakistan, Jan. 15 -- Oil prices fell by almost 1 percent on Monday, with Brent crude slipping below $60 per barrel, after Chinese data showed weakening imports and exports in the world's biggest tradi... Read More


Rs 340m recovered so far, FBR tells SC

Pakistan, Jan. 15 -- The Supreme Court (SC) was on Monday informed that an amount of Rs 270.25 million had been recovered during the last month and Rs 17 million would be recovered during the current ... Read More