Brent crude futures for December delivery edged up 7 cents, or 0.1%, to $71.77 a barrel as of 0335 GMT. U.S. West Texas Intermediate crude futures for November delivery gained 8 cents, or 0.12%, to $68.25. On Monday, Brent futures ended September down 9%, its third month of declines and largest monthly drop since November […]
The purchases are part of an effort to replenish stockpiles after President Joe Biden ordered the largest-ever sale from the reserve in 2022 of 180 million barrels to control fuel prices following Russia’s invasion of Ukraine. The US bought 3.5 million barrels from Exxon Mobil (XOM.N), opened a new tab, 2 million from Shell Trading […]
The electricity station, with a capacity of 360 MVA, will serve approximately 40,000 residents in Hidd and surrounding areas by transmitting power from the main grid to local substations. The water distribution station has a storage capacity of 2.34 million gallons and is equipped with advanced monitoring and control systems. Key officials attended the inauguration, […]
According to an official of the Railways Ministry, the concession will be granted upon producing a Computerized National Identity Card bearing disability logo. He said that a 50 percent discount has also been offered to the attendant accompanying visually impaired persons. On September 23, the Ministry of railway increased the ticket price up to 50 […]
Effective October 1, the new rates are as follows: Super 98 petrol: Dh2.66 per litre (down from Dh2.90 in September) Special 95 petrol: Dh2.54 per litre (down from Dh2.78) E-Plus 91 petrol: Dh2.47 per litre (down from Dh2.71) Diesel: Dh2.60 per litre (down from Dh2.78) The price drop was anticipated due to subdued global oil […]
The IMF package is not just for the federal government but for the entire country, said Aurangzeb, in a press conference held in Islamabad. He stressed the importance of implementing tough decisions to ensure economic stability. Pakistan has availed 25 IMF programmes since becoming a member of the International Monetary Fund (IMF) in 1950. The […]
As per the details, the spokesperson of Utility Stores said that the prices of more than 170 items have been reduced by Rs 10 to Rs 190. He said that this decision has been taken amid the trend of a reduction in the inflation rate. The spokesman said that the reduction in the prices of […]
Atif Ikram Sheikh, President of FPCCI has said that there are difficulties in filing returns owing to a defective system of the Federal Board of Revenue (FBR) causing delays owing to technical difficulties. FPCCI President said the FBR must offer attention to the improvement of the tax system alongside its harsh measures. There are limitations […]
Workers in the Pacific Northwest region walked off the job on September 13 after overwhelmingly voting down a contract offer, effectively shutting down assembly plants for the 737 MAX and 777. “Talks broke off, and we have no further dates scheduled at this time. We remain open to talks with the company, either direct or […]
The Business Roundtable Conference was held in Beijing’s Chaoyang District 25 major Chinese investment companies have expressed their deep interest in investing heavily in Pakistan including agriculture, automobile, electrical alliances, pharmaceuticals, logistics, medical equipment and technology companies are included. Federal Minister for Board of Investment, Privatisation and Communications Abdul Aleem Khan presided over this conference […]
