As per the customs spokesperson, based on suspicion the staff stopped a passenger bound to board an international flight from Karachi airport to Doha. During the deep inspection of the luggage, the customs officials recovered a total of $20,000 US in cash. After confiscating the currency, the officials registered a First Information Report (FIR) against […]
A total of 770,518,958 shares were traded during the day as compared to 969,768,756 shares the previous day, whereas the price of shares stood at Rs 14.287 billion against Rs 17.510 billion on the last trading day. As many as 444 companies transacted their shares in the stock market, 148 of them recorded gains and […]
The U.S. Justice Department on Wednesday filed money-laundering charges against two RT employees for what was described as a scheme to hire a U.S. company to produce online content to influence the November presidential election. Russian President Vladimir Putin was aware of actions by state-funded news outlet RT to influence the 2024 US presidential election, […]
According to sources, the Ministry of Commerce has proposed a new strategy to regulate exporting essential food items such as fruits, meat, poultry, sugar, and rice. The move came at a time when the government aims to curb inflation and ensure the availability of essential items at affordable prices. The ministry has also proposed to […]
Zubair Motiwala, Businessmen Group (BMG) leader has urged the authorities to cut the markup rate down to 14.5 percent from the current 19.5 percent interest rate in the coming monetary policy. “Moody’s has also categorized the insecure loans to CAA2”. KCCI has said that inflation has dropped to the lowest level of 9.6 percent in […]
During a virtual meeting with the Sectoral Council for Rice and the Council for Dairy and its Products, the Minister emphasized the importance of their contribution to the national economy. He said our goal is to increase export volumes, and all possible measures will be taken in this regard. The minister encouraged the council to […]
According to sources, the funds will be used to address the backlog of thousands of pending applications for medical treatment, education, and financial assistance. Previously, the lack of funds had resulted in over 28,000 applications being pending, including requests for medical treatment, educational scholarships, and financial assistance sources said. Specifically, over 13,000 medical cases were […]
Brent crude futures for November fell 37 cents, or 0.5%, to $73.38 by 0330 GMT, after the previous session’s fall of 4.9%. U.S. West Texas Intermediate crude futures for October were down 41 cents, or 0.6%, at $69.93, after dropping 4.4% on Tuesday. Both contracts fell to their lowest since December on signs of a […]
The Oil and Gas Regulatory Authority (OGRA) has sent a letter to the DG Oil Petroleum Division, revealing conflicts in oil stock figures. While refineries reported having 770,000 tons of diesel as of August 30, OGRA’s figures suggest actual reserves are 664,000 tons. Refineries claim reserves of 759,000 tons, but OGRA asserts that the accurate […]
The new regulations aim to create a more investor-friendly environment by simplifying the process, reducing paperwork, and eliminating unnecessary licenses and approvals. The streamlined investment system, approved by the Saudi Council of Ministers, is a key component of the national investment strategy and aligns with Saudi Vision 2030. The updated rules are designed to attract […]
