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US Treasury Sanctions Turkish Bank Over China-Iran IRGC Trade
US Treasury - (Special Correpondent/Web Desk) - The US Treasury Iran sanctions campaign has taken a new turn. On Friday, the department punished a small Turkish investment bank and two of its sister companies for allegedly helping Iran move…
Philip Morris Pakistan Completes Skills Training Project 2026
SWABI: (Finance Reporter) - Philip Morris (Pakistan) Limited (PMPKL) has marked the successful completion of its Skills Training Project 2026, with 964 adolescents from tobacco-growing communities completing vocational…
Pakistan Issues Record $3 Billion Dual-Tranche Eurobond
ISLAMABAD: (Finance Reporter) - Pakistan has successfully issued a $3 billion dual-tranche Eurobond, described by Finance Minister Senator Muhammad Aurangzeb as the largest transaction of its kind in the country’s history.…
Dutch Central Bank Moves Gold to London Amid Tensions
AMSTERDAM: (News Desk) - The Dutch central bank has transferred 86 tonnes of gold from reserves held in the United States and Canada to London, citing growing geopolitical uncertainty and the need to strengthen its ability…
Pakistan Raises Record $3 Billion Through Eurobond Sale
ISLAMABAD: (Finance Reporter) - Pakistan has raised a record $3 billion through a dual-tranche Eurobond issuance, marking the country’s largest-ever single international capital market transaction, the Ministry of Finance…
PM Shehbaz Vows to Boost Pakistan Kyrgyzstan Trade to $200m
Pakistan & Kyrgyzstan - (Special Correspondent/Web Desk) - Pakistan Kyrgyzstan trade is set for a big jump. Prime Minister Shehbaz Sharif announced plans to raise trade between the two nations to $200 million within just two years.
He…
US-Iran Tensions Push Global Oil Prices Higher Again
ISLAMABAD: (Finance Reporter) - Global crude oil prices climbed further amid renewed tensions between the United States and Iran, with concerns over escalating military activity in the region adding pressure to energy…
Petrol Price Rises Rs1.08, Diesel Up 51 Paisa
ISLAMABAD: (Finance Reporter) - The federal government has increased the prices of petrol and high-speed diesel, with the revised rates coming into effect from September 2, according to a notification issued by the Petroleum…
Tax Ombudsman Orders FBR to Clear Pending Refunds
ISLAMABAD: (Finance Reporter) - The Federal Tax Ombudsman (FTO) has taken notice of delays in the payment of tax refunds and directed the Federal Board of Revenue (FBR) to expedite the process for eligible taxpayers.
According to the…