Economy

ISLAMABAD: The first phase of bidding for the sale of a 75 percent stake in Pakistan International Airlines (PIA) was completed on Tuesday, though the opening of bids was delayed by an hour from the scheduled time of 3:30 pm.…

Islamabad: Pakistan has reportedly entered into a major multi-billion-dollar agreement to supply conventional arms and military equipment to Libya, marking one of the country’s largest defence export deals to date. According to informed…

WELLINGTON: New Zealand announced on Monday that it has reached a wide-ranging free-trade agreement with India, eliminating tariffs on 95 percent of New Zealand’s exports. The deal, set to take effect in the first half of next…

KARACHI – Major foreign currencies remained largely stable against Pakistani rupee, with US dollar, Euro, UK Pound, Dirham and Riyal maintaining firm positions in open market. On Monday, US dollar hovered at Rs281 for buying and Rs283.10…

KARACHI – Gold prices in Pakistan remained at Rs456,162 per tola, while rate for 10 grams climbed by Rs1,115 to Rs391,085. 24 Karat Gold Price Category Price Gold (Per Tola) Rs456,162 Gold (10 Grams) Rs391,085…

Islamabad: Chief Executive Officer of Islamabad Electric Supply Company (IESCO), Engineer Ch. Khalid Mahmood, visited the Regional Training Centre (RTC) Islamabad on Sunday to review ongoing training and refresher courses for officers and…

ISLAMABAD: Pakistan’s mobile phone imports surged to $801.139 million during the first five months of the current fiscal year, FY26, recording a growth of over 40 percent compared to the same period last year, according to official data.…

KARACHI – MG Motor Pakistan rolled out limited-time offer for buyers of its MG HS PHEV, providing five years of free maintenance valued at up to Rs800,000. The package includes spare parts, oil changes, and labor, aiming to reduce ownership…

KARACHI – World Bank approved $700 million in fresh financing aimed at restoring macroeconomic stability, fixing public finances, and improving the delivery of essential services across South Asian nation. The funding comes under Pakistan…