Brent Crude Prices Dip Below $100 Amid Ongoing Oil Market Turmoil
LONDON: Brent crude prices fell below $100 a barrel on Friday, declining by $2.83, or approximately 3%, to settle at $99.48 per barrel. This...
Business
Argentina Launches Citizenship-by-Investment Program to Boost Dollar Reserves
BUENOS AIRES: Argentina has officially announced a new citizenship-by-investment program aimed at strengthening its dollar reserves amid ongoing economic challenges. The initiative, unveiled on...
Pakistan’s Trade Deficit Expands 15% to $10.8 Billion in Q1 FY27
ISLAMABAD: Pakistan’s trade deficit has widened by 15% year-on-year, reaching $10.8 billion during the first quarter of the fiscal year 2026-27, according to data...
World Bank Urges Pakistan to Accelerate $20 Billion Economic Reform Agenda
ISLAMABAD: The World Bank has called on the Pakistani government to expedite the implementation of policy actions under its $20 billion economic reform partnership....
Khaadi Announces Historic PKR 8.3 Billion IPO on Pakistan Stock Exchange
KARACHI: Khaadi, Pakistan’s leading fashion retailer, is set to launch a groundbreaking Initial Public Offering (IPO) next month, aiming to raise up to PKR...
Canada Accelerates Development of Alberta-to-B.C. Pacific Link Oil Pipeline
OTTAWA: The Canadian government has announced a fast-tracked initiative for the construction of the Alberta-to-British Columbia Pacific Link oil pipeline, aiming to enhance energy...
Oil Prices Surge 4% as China Halts Fuel Exports Amid US Military Moves
NEW YORK: Oil prices surged on Thursday, climbing more than $4 a barrel, following reports of increased US military presence in the Middle East...
Pakistan Stock Exchange Declines Amid Ongoing Geopolitical Tensions
KARACHI: The Pakistan Stock Exchange (PSX) faced significant pressure on Thursday, with the benchmark KSE-100 index dropping to levels not seen since before the...
IMF Commends Pakistan’s Oil Crisis Management, Calls for Gas Sector Reforms
ISLAMABAD: The International Monetary Fund (IMF) has praised Pakistan for effectively managing the recent oil crisis, avoiding supply disruptions and additional budgetary burdens despite...
Parliamentary Committee Proposes Rs5,000 Wheat Support Price for Rabi Season
ISLAMABAD: A parliamentary committee has recommended that the federal government establish a minimum support price of Rs5,000 per 40kg for wheat for the upcoming...