Economy

The US Justice Department announced Tuesday it had recovered more than 94,000 bitcoin stolen in 2016, currently valued at $3.6 billion, a record seizure. A couple accused of seeking to launder the bitcoin were arrested in New York, the…
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The EU launches a plan Tuesday to raise tens of billions of euros to boost semiconductor production in Europe and end the bloc's digital dependence on Asia. The production of semiconductors, also known as chips, has become a strategic…
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Ambassador of the Kingdom of Saudi Arabia in Islamabad Nawaf bin Saeed Al-Malkiy called on the Federal Minister for Economic Affairs Mr. Omar Ayub Khan in his office and discussed ongoing development projects and new initiatives. The…
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The International Monetary Fund (IMF) has approved 6th tranche of Extended Fund Facility programme for Pakistan, Finance Minister Shaukat Tarin said Wednesday. “I am pleased to announce that IMF Board has approved 6th tranche of their…
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Prime Minister Imran Khan on Wednesday expressed the confidence that his visit to China on Thursday would take the strong bilateral relations between the two countries to new heights. He expressed these views while chairing a high-level…
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ISLAMABAD, Jan 31 : Prime Minister Imran Khan Monday rejected a summary to increase the petrol price by Rs 10 per liter and diesel by Rs 14, in the national interest. The prime minister said that government would bear the burden of the…
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Engro Corporation Limited CEO Ghias Khan has become President of the Overseas Investors Chamber of Commerce and Industry (OICCI) for the 2022 term. “We are pleased to announce that Ghias Khan, President & CEO of Engro Corporation…
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The Executive Board of the International Monetary Fund (IMF) will now meet on February 2 for Pakistan's sixth review under the Extended Fund Facility (EFF), a media report said. The IMF website, which lists its Executive Board Calendar,…
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Europe's busiest airport in Istanbul delayed its reopening on Tuesday as Turkey's biggest city began digging itself out of a major snowstorm that paralysed traffic and disrupted services. A blizzard on Monday shut Istanbul Airport down…
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The world's 10 wealthiest men doubled their fortunes during the first two years of the coronavirus pandemic as poverty and inequality soared, a report said on Monday. Oxfam said the men's wealth jumped from $700 billion to $1.5 trillion,…
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Prime Minister Imran Khan Tuesday underlined that exports and tax collection were the two main driving agents to boost the country’s economy, over which the present government was fully focused. He said the government was making…
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ISLAMABAD: The federal Cabinet on Tuesday approved the controversial State Bank of Pakistan (SBP) Amendment Bill, which has proposed to curtail the government's borrowing from the central bank, The news pmc reported. The…
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Federal Minister for National Food Security and Research Syed Fakhar Imam received the Ambassador of United Arab Emirates (UAE) to Pakistan His Excellency Hamad Obaid Alzaabi today on 15th Dec, 2021. Syed Fakhar Imam acknowledged the…
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Pakistanis across the country are searching for petrol in every nook and corner of their city as most petrol pumps are closed today (Thursday). However, oil marketing companies Pakistan State Oil and Shell had earlier announced they…
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Advisor to the Prime Minister on Finance Shaukat Tarin admitted Tuesday that the government was unable to buy LNG cargoes in time. In an interview to journalist Nadeem Malik, the former finance minister said the government did not buy…
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