Iraq orders 12 JF-17 fighter jets from Pakistan
In a landmark development Pakistan got another international defence order from Iraq for the sale of 12 fighter jets JF-17...
PIA to Auction Six Airbus 320 Aircraft
Pakistan International Airlines (PIA) has decided to auction six Airbus-320 aircraft that were recently retired from its fleet. The airline...
IMF talks on Oct 4 for release of $1b tranche
The International Monetary Fund (IMF) has appointed a new country head for Pakistan ahead of high-stake talks for the release...
New Gwadar airport on radar again
The government on Monday approved the New Gwadar International Airport project at an upward revised cost of Rs51.3 billion, showing...
Govt approves Rs44b bailout for PIA
The government on Wednesday approved a Rs44 billion bailout package for Pakistan International Airlines (PIA) in the shape of cash...
Islamic Trade Finance Corporation to provide $600m for commodity financing
The International Islamic Trade Finance Corporation (ITFC) — a subsidiary of the Islamic Development Bank — would make available this...
Islamic banking achieves highest growth since 2015
The Islamic banking industry (IBI) has achieved the highest year-on-year growth in assets and deposits since 2015 increasing the market...
Spectrum Auction Gives $279 Million to the Government.
Ufone had submitted a bid of $279 million for a 9MHz block in a 1800Mhz band, and since there were...
NADRA starts contactless biometric verification facility
The National Database and Registration Authority (NADRA) has now started contactless biometric verification facilities for the banking and payments industry...
Rupee weakens in foreign exchange market against dollar
The closing rate of the U.S. dollar on Friday in the foreign exchange market stood at Rs168.08 marking a -0.21%...