KARACHI: Pakistan’s Economic Coordination Committee (ECC) is considering a proposal to raise margins for Oil Marketing Companies (OMCs) by up to PKR 1.63 per liter, according to reports. This potential adjustment, which amounts to a 14-21% increase fr…
Karachi: The International Monetary Fund (IMF) has completed its second review under the Extended Fund Facility (EFF) Arrangement and the first review under the Resilience and Sustainability Facility (RSF), unlocking $1.2 billion for Pakistan. The fun…
Islamabad: The International Monetary Fund’s executive board has sanctioned a $1.2 billion disbursement for Pakistan following the second review under the Extended Fund Facility and the first review of the Resilience and Sustainability Facility. This …
Delhi: Detection Technology, a prominent global provider of X-ray detector solutions, inaugurated a new service and production facility in Greater Delhi, marking a significant milestone in its international expansion strategy. The opening ceremony was…
Karachi: Remittances to Pakistan have reached $16.1 billion in the first five months of the fiscal year 2026, marking a 9% increase from the previous year. In November 2025 alone, the country received $3.2 billion in remittances, maintaining the same …
KARACHI: Ambassador Mohamed Karmoune of Morocco emphasized the need for enhanced trade relations between Morocco and Pakistan, acknowledging the strong political ties but pointing out that economic exchanges remain limited. During his address at the K…