UBL to wind down New York branch as part of ‘global realignment strategy’
Islamabad, Nov 22 (TNS): The United Bank Ltd (UBL) has announced its plans to wrap up its operations in New York, saying the decision...
Russia calls for establishing direct banking channels with Pakistan
Islamabad, Nov 17 (TNS): Russian Ambassador to Pakistan Alexey Yurievich Dedov has called for establishing direct banking channels between Pakistan and Russia for promotion...
Rs9.327m released for various projects under PSDP
Islamabad, Nov 16 (TNS): The federal government has released 9.327 million rupees for various projects of Petroleum division out of total allocation of 463.17...
Pak-China Business Forum Industrial Expo in Lahore from Friday
Lahore, Sep 13 (TNS): Three-day 6th Pak-China Business Forum Industrial Expo will be held at Expo Center Lahore from Friday.
CEO of Everest International, Yousaf...
Despite sour ties Pakistan importing more tea from India
New Delhi, Aug. 16 (TNS): Despite sour relations between two countries, India export of tea to Pakistan is on rise, Indian media reported.
According to...
Pakistan’s IT export crossed $1 billion mark for the first time in history
Karachi, Aug. 9 (TNS): Pakistan’s IT export has achieved a new milestone by crossing the mark of $1 billion for the first time ever...
Pak currency regains Rs.5 more against US Dollar
KARACHI, July 29 (TNS): The dollar is showing diminishing trend continuously in comparison to Pakistani rupee since past few days.
US dollar traded at the...
Moody’s cautions expected PTI govt over economic plan
ISLAMABAD, July 27 (TNS): Moody’s Investors Service on Friday cautioned expected Pakistan Tehreek-e-Insaf (PTI) government to walk a tight rope as its plan to increase...
Axiata selling its 89% stake in Pakistani carrier Multinet for just $1
Kuala Lumpur, July 24 (TNS): Malaysian group Axiata is selling its 89% stake in Pakistani carrier Multinet to the CEO for just $1.
It reported...
TAPI would solve issue of energy security in region: CEO
New York, July 20 (TNS): Muhammetmyrat Amanov, CEO of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline Company Ltd Consortium, said that commissioning of TAPI would make it...
