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Category: Economy

National Highway Authority conducts first-ever auction of 68 toll plazas

Key toll plazas included Jamshoro, Saeedabad, Moro, Kandiaro, Ranipur, Rohri, Sadiqabad, and Ahmedpur East, among others…

OGDCL Discovers Significant Gas Reserves in Sindh

Oil & Gas Development Company Limited (PSX: OGDC) Thursday announced a gas/condensate discovery from the exploratory well Faakir…

Remittances surge to $3.68bn in May, pushing FY25 inflows to nearly $35bn

Worker remittances up 29% in 11 months; May sees 16% monthly jump amid strong inflows from Gulf, UK, and US…

Pakistan moves forward with barter trade mechanism for Iran, refining operational issues

Under the proposed mechanism, amendments will be made to the existing SROs, expanding the list of items eligible for barter trade…

Rs5 billion allocated for low-cost housing mark-up subsidy in federal budget

Government to offer tax credit on profits paid for loans on houses up to 250 sq. yards or flats of 2,000 sq. feet or less…

OGDCL discovers gas and condensate from exploratory well Faakir-1 in Sindh

Test results indicate a production of 6.4 million standard cubic feet of gas per day and 55 barrels per day of condensate…

PR eyes start of Rs2.3tr ML-1project this year

Ministry manages to complete only six out of 38 approved projects this fiscal year…

Kuwait ends 19-year visa ban on Pakistanis

In a major diplomatic development, Kuwait has officially ended a 19-year visa ban on Pakistani nationals…

Karachi Coastal Development Zone set to become model project with $3 billion Chinese investment

Federal and provincial officials discuss progress and joint plans for urban infrastructure…

Pakistan’s IT exports grows to $3.1 billion in the Last 10 Months

Export proceeds averaged $15.9 million per day in April; Steady gains driven by global client expansion and regulatory support…

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