Business

ISLAMABAD: Pakistan's Interior Minister Mohsin Naqvi held a significant meeting with UK Minister of State Stephen Doughty on Thursday, focusing on enhancing bilateral relations and cooperation in various sectors.During the meeting, Naqvi…

News Desk ISLAMABAD: The World Bank projects Pakistan's economic growth at 3.8% and a fiscal deficit of 3.5% for the current fiscal year, revealing that the country is home to nearly half of the extremely poor population in the Middle East,…

News Desk LONDON: Oil prices have surged past $101 per barrel, driven by ongoing supply concerns and geopolitical tensions affecting production levels. This increase marks a significant rise in crude oil prices, reflecting the volatile…

News Desk KARACHI: The State Bank of Pakistan (SBP) has announced a significant overhaul of the check clearing system, set to commence its pilot phase on October 15, 2026. This initiative aims to modernize the banking process, enhancing…

News Desk LONDON: The euro has plunged to a 17-month low against the US dollar, driven by rising concerns over France's escalating debt situation and uncertainty surrounding Spain's upcoming elections. This significant decline reflects…

News Desk LONDON: The CEO of Saudi oil giant Aramco Amin Nasser has issued a stark warning that global oil reserves are dangerously low due to ongoing conflicts in the Middle East and heightened tensions in the Strait of Hormuz. Speaking at…

News Desk KARACHI: The Pakistan Stock Exchange's 100 Index has plummeted to its lowest level this fiscal year, driven by rising concerns over the ongoing Long March and its potential impact on the country's political stability and economic…

News Desk KARACHI: Gold prices in Pakistan have risen once again, reflecting ongoing economic challenges and inflationary pressures. As of today, the price of 24-karat gold has increased by PKR 2,000 per tola, reaching PKR 230,000,…

News Desk TEHRAN: The Iranian currency, the rial, continues its downward spiral, reaching a historic low against the US dollar. As of today, one US dollar is being sold for approximately 26 million 880 thousand rials in the open currency…

News Desk VIENNA: OPEC+ has decided to keep its oil production targets unchanged for November, responding to ongoing market volatility and uncertainty regarding global demand. The decision, made during a virtual meeting on Wednesday,…