Business

FED sees interest rate at 4.4% by the end 2024

Pakistan imports approximately $2.7 billion worth of iron and steel annually

SBP plans to borrow a total of PKR 6.295 trillion from September to November

Indian shares dragged down by information technology and pharma stocks

Over 114,000 Emiratis now work in private companies, with 81,000 hired since the launch of the Nafis programme, which offers financial support and training to boost Emiratisation.

Company targets raising PKR 1.4 billion

This improvement is attributed to a reduction in the trade deficit and an increase in remittances

Talks to secure a new labor contract have stalled over issues ranging from wages and benefits to terminal automation

Industry sources informed Nukta that last year nearly 2.5 million bales changed hands without any legal invoice

Cryptocurrency market rallies as traders anticipate a Federal Reserve interest rate reduction, boosting demand for speculative assets.

Weak economic data and declining demand weigh on oil prices, despite concerns over potential supply disruptions in the Middle East.

Cotton arrivals till September 15 declined by 64% compared to the same period last year

Fed funds futures show 61% chance of 50-bps rate cut

Complaint states Shell ignored offers from other investors that offered a higher price

The loans will focus on climate-resilient infrastructure, social protection programs and institutional reforms to foster sustainable development

The Federal Reserve is set to cut U.S. interest rates for the first time since the pandemic.

Microsoft and G42 strengthen AI collaboration with $1.5 billion deal to establish two AI hubs in Abu Dhabi, focusing on responsible AI development and social impact

Massive infrastructure projects and government-backed initiatives drive the kingdom’s real estate market toward unprecedented expansion.