Business

Fitch highlights Pakistan's economic gains, calls for continued reforms
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Fitch highlights Pakistan's economic gains, calls for continued reforms

Lower policy rates and increased foreign reserves among key improvements cited by Fitch

Pakistan to renegotiate LNG supply agreement with Qatar
Business

Pakistan to renegotiate LNG supply agreement with Qatar

Qatar's price agreement is more expensive, while Azerbaijan's contract is on a take-and-pay basis, allowing flexibility: minister

IMF says too early to gauge impact of US foreign aid cuts, tariffs
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IMF says too early to gauge impact of US foreign aid cuts, tariffs

Global lender warns countries against unilateral measures such as tariffs as it would dampen growth

State Bank of Pakistan's forex reserves record marginal increase
Business

State Bank of Pakistan's forex reserves record marginal increase

Country’s total liquid reserves reach $16.04 billion

Bank of England cuts interest rates to 4.5% amid sluggish growth
World

Bank of England cuts interest rates to 4.5% amid sluggish growth

Country's economy expanded 0.1% in November after shrinking by 0.1% in October

Pakistan stocks plummet amid institutional selling
Markets

Pakistan stocks plummet amid institutional selling

Contributors to market decline include Engro Holdings, Fauji Fertilizer, and Pakistan Petroleum

Fauji Fertilizer expects stable DAP production in 2025
Markets

Fauji Fertilizer expects stable DAP production in 2025

Company expands Sona Centers to enhance direct-to-farmer network and prices

Nissan searching for new partner with Honda deal set to collapse
Markets

Nissan searching for new partner with Honda deal set to collapse

Honda sounded out Nissan about becoming subsidiary, Nissan rejected proposal, according to source

Electricity companies in Pakistan fined for failing to implement proper safety measures
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Electricity companies in Pakistan fined for failing to implement proper safety measures

Regulatory authority imposes fine of PKR 10 million each on four distribution companies

Pakistan central bank buys nearly $4 billion in 5 months
Pakistan Business

Pakistan central bank buys nearly $4 billion in 5 months

Analysts say the move was aimed at stabilizing the PKR, boosting foreign reserves, and making timely debt repayments

Gold prices in Pakistan reach historic high of PKR 299,600/tola
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Gold prices in Pakistan reach historic high of PKR 299,600/tola

Central banks boost gold prices as safe-haven asset demand soars

UAE's foreign trade surpasses AED 3 trillion, outpacing global growth
UAE

UAE's foreign trade surpasses AED 3 trillion, outpacing global growth

Sharing the milestone on social media platform X, Sheikh Mohammed called it a “historic achievement” and credited UAE President His Highness Sheikh Mohammed bin Zayed for strengthening economic ties worldwide.

Gold demand in 2025 is expected to stay healthy: WGC
Markets

Gold demand in 2025 is expected to stay healthy: WGC

Central banks buy 1,000 tons of gold for third consecutive year

US trade tariffs: What if China and Canada retaliate by withdrawing investment?
World

US trade tariffs: What if China and Canada retaliate by withdrawing investment?

China holds around $816 billion worth of US treasury bills while Canada has around $336 billion

Gold prices reach record high amid U.S.-China trade war
Markets

Gold prices reach record high amid U.S.-China trade war

Gold prices surged to an all-time high after gaining nearly 1% in the previous session

Pakistan’s only pasteurized egg products company announced IPO on PSX
Markets

Pakistan’s only pasteurized egg products company announced IPO on PSX

BFAL plans to raise PKR 880.5 million to increase production by 70%

Abu Dhabi’s IVF success rates among the highest in the world
Sci-Tech

Abu Dhabi’s IVF success rates among the highest in the world

Abu Dhabi has emerged as a global leader in IVF treatment, achieving a success rate of over 51%, one of the highest worldwide.

Asian markets stutter as traders weigh China-US trade flare-up
Markets

Asian markets stutter as traders weigh China-US trade flare-up

Gold hits a fresh peak of $2,853.82 as investors rush into the safe-haven metal

Trump in no hurry to talk to Xi amid new tariff war
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Trump in no hurry to talk to Xi amid new tariff war

IMF urges parties to resolve differences, enable global trade