Tag: Business News

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Most Gulf shares drop in early trade, Saudi gains

As concerns over the US Federal Reserve raising interest rates continued to dampen investor mood, the majority of stock markets in the Gulf were...

EPCL extends gas supply deal with SSGC till October 15

A subsidiary of Engro Corporation named Engro Polymer and Chemicals Limited (EPCL) announced on Wednesday that it has renewed its gas supply agreement with...

Indonesia eyes to import 1mn tons of rice from China

The National Food Agency (NFA), the Indonesian government is planning to acquire one million metric tonnes of rice from China in an effort to...

SBP announces interest-free loans for women

The State Bank of Pakistan (SBP) offered interest-free loans for female borrowers. SBP interest-free loans for women: Fazal Muqeem, Deputy Chief Manager of SBP in...

OGRA says decision on petrol prices yet to be taken

The Oil and Gas Regulatory Authority clarified that they have not yet reached a decision on the matter. OGRA decision on petrol prices: In a...

US Dollar Dips Against Pakistani Rupee Amidst Crackdown

The US dollar (USD) dropped significantly today, losing 0.96 Pakistani rupees (PKR) in the interbank market, bringing its rate down to 290.80 rupees at...