Economy

Analysts expect exports to reach 5.8 million tons down from last year’s 6 million tons

The Pakistan government has been discouraging usage of fuel oil in recent years, forcing refineries to export the shipments

Virtual talks continue on economic overhaul, tax reforms, and stricter fiscal policies

Pakistan's refining sector has been under severe stress and facing all sorts of challenges, says PRL managing director

Inaugural meeting of PCC discusses regulatory clarity to harness the potential of crypto space

PKR 11.48 billion recovered from Punjab Banks after court orders lifted

LPG prices increase by 1.53%

Gulf-based SWFs now control around 40% of global SWF assets, with six of the world’s ten largest funds based in the region.

Tesla vehicles from model year 2017 or newer accounted for 1.4% of all vehicles traded in through March 15, up from 0.4% in March last year.

India issued less than 8% of funds allocated for manufacturing incentives as of Oct 2024, according to govt document

Improved external accounts and policy normalization enable businesses to transfer $1.55 billion abroad

16 groups control market, led by ruling politicians' mills

Country to develop digital asset regulations as crypto adoption rises

Improved remittance flows bolster economic stability

GDP growth at 2.8%, current account deficit expected to shrink further

The initiative aims to meet the growing power demands of data centers, hyperscale cloud companies, and other energy-intensive industries.

Despite global economic uncertainties, the UAE’s economy continues to expand, driven by strong growth in the non-oil sector.

Artificial shortage driving up prices

Pakistan’s exports to Afghanistan declined by 30% in February to $73 million compared to $104 million in February 2024