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Seven more Pakistani firms allowed for exporting rice to China

ISLAMABAD – After completing required international food safety and security standards, China has allowed 7 more Pakistani rice units to export rice.The initiative would...

Gold prices increase Rs 200 to Rs 109,400 per tola

ISLAMABAD  – The price of 24 karat per tola gold increased by Rs 200 and was sold at Rs 109,400 on Wednesday against its...

Car prices to go down as govt slashes taxes on auto sector: Khusro

ISLAMABAD  - Minister for Industries and Production Khusro Bakhtiar has said the prices of different vehicles are coming down in the country as a...

Oil extends gains on prospects of tighter supply as OPEC+ talks called off

LONDON: Oil prices extended gains on Tuesday, with Brent and WTI hitting their highest since 2018 on expectations that supplies will tighten further after...

OPEC fund lends $25m to Honduras for SMEs

The OPEC Fund for International Development (OFID) has signed a $25 million loan with Banco Ficohsa, Honduras, for on-lending to small and medium-sized enterprises...

White House urges more countries to sign 15% global corporate tax pledge

WASHINGTON: White House economic adviser Brian Deese on Friday said the United States was still working to get more countries to join an agreement...

Oman deficit at $2.3 bln in May as oil revenue declines

MUSCAT: Oman posted a year-to-date budget deficit of 890.2 million rials ($2.32 billion) in May, the ministry of finance said on Thursday, as low...

Standard Chartered begins offering banking services at new Saudi HQ

RIYADH: Standard Chartered has begun offering banking services at a new branch in Saudi Arabia.The British bank was granted a capital markets license in...

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