04242017Headline:

MOU between Pakistan and Bangladesh to increase exports

Pakistani exporters signed memorandum of understandings (MOUs) with Bangladesh importers during Expo Pakistan in Karachi. The MoUs cover export of pedestal fans, kinnow and Basnati rice. According to details GFC Fans of Pakistan will export [...]

06 Schemes to strengthen the economy launched by PM Pakistan

Prime Minister of Pakistan Mr. Nawaz Sharif has announced six schemes for the young but deserving people during his second address to the nation for the sake of revival of economy of Pakistan. These 06 Schemes are launched by the PM to decline [...]

Emirates airline starting daily flights to Kabul

Emirates airlines announced to commence a daily flight to Kabul from December 4, 2013. The flight will be served through Airbus A-340 planes in three class configuration. This is Emirates first destination in Afghanistan. This will link Kabul [...]

Pakistan signs accord to import electric power from Kyrgyzstan and Tajikistan

Minister for Water and Power Khawaja Asif signed an agreement with Afghanistan, Kyrgyzstan and Tajikistan to import excess power during summer high season. The accord would allow Central Asian States to export their excess power to Pakistan [...]

IMF loan package will devastate Pakistan’s economy – A.P.B.F

Mr. Nabeel Hashmi, Chairman All Pakistan Business Forum (APBF) has lamented over the aftermath of $6.7 billion IMF loan granted to Pakistan. He said that such terms & conditions of IMF loan will devastate the economy of Pakistan as price [...]

PM approves privatisation of 26% shares of PIA

Prime Minister of Pakistan Mr. Nawaz Sharif chaired a meeting at the Prime Minister’s Office in Islamabad and approved the privatization of  26 percent shares of Pakistan International Airlines (PIA).  Finance Minister Ishaq Dar, Information [...]

Qatar airways starts flights to Chengdu China

The inaugural flight of Qatar Airways arrived in Chengdu today to add one more destination in China. Qatar is already serving Beijing, Shanghai, Guangzhou, Hong Kong and Chongqing. The expansion of Qatar operation in China is an indication of [...]

Qatar airways oneworld rewards beginning on Oct 30th

Qatar airways joined the OneWorld alliance benefits will start accruing from October 30th this year. Qatar joined oneworld program last year but it takes one year for the system integration. OneWorld alliance gave green signal to Qatar airways [...]

IMF releases 1st installment of Loan of $540m to Pakistan

International Monetary Fund has released the first installment of loan amounting to $540 Million to Pakistan. IMF was approved $6.7 billion for Pakistan for the purpose of revival of Pakistan’s economic reforms on September 4, 2013 with [...]

Government decides not to privatize Pakistan Steel Mills

Economic Coordination Committee (ECC) during its meeting on Saturday decided not to privatize Pakistan Steel Mills (PSM). After careful consideration the committee decided to inject fresh capital of Rs.2.9 billion into the largest industrial [...]