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China-Pakistan Partnership Brings Jobs for Skilled Pakistani Youth
ISLAMABAD: Twenty leading Chinese firms offered over 500 jobs to skilled Pakistani youth at a job fair on Tuesday. The event marked a major boost…
Sadapay’s New Turkish Owners Arrested For Illegal Gambling and Money Laundering
Turkish authorities have launched a significant crackdown on illegal gambling and money laundering activities, with fintech giant Papara at the center of the investigation. Papara…
Finance Minister Leads Strategy Meeting on Pakistan Digital Economy
ISLAMABAD: In a strategic push to modernize financial systems, Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb chaired a high-level meeting at the Finance…
NA Committee Slams K-Electric CEO, Reviews USC Closure
The National Assembly Standing Committee on Industries and Production slammed the K-Electric CEO and reviewed USC closure, exports, and vehicle standards. The National Assembly Standing…
Petroleum Exports Jump 118% as Crude Imports Fuel Refinery Surge
ISLAMABAD: Pakistan’s energy landscape has witnessed a sharp increase in petroleum exports, driven by an uptick in crude oil imports and heightened refinery activity, according…
Finance Minister Denies Unequal Pay Raise for Armed Forces
ISLAMABAD: Finance Minister Muhammad Aurangzeb has firmly dismissed rumors of a disproportionate salary increase for armed forces personnel compared to civilian government employees in the…
Pakistan’s Remittance Per Expat Trails Region Despite $38B Inflows
Despite expectations of receiving $38 billion in remittances during the current fiscal year (FY25), Pakistan’s average remittance per expatriate remains one of the lowest compared…
Oil Sector Demands Increase in OMC Margins
ISLAMABAD: The oil sector has formally requested the government to approve a revised Rs10 per litre margin for oil marketing companies (OMCs), up from the…
Budget to Feature Tax Relief, Bold Reforms: Finance Minister
ISLAMABAD: Finance Minister Muhammad Aurangzeb announced that the upcoming federal budget will introduce simplified tax returns for the salaried class and bold economic measures to…
Halan Microfinance Bank Secures Rs. 1.4 Billion Boost
Halan Microfinance Bank has received a fresh capital injection of Rs. 1.425 billion (USD 5 million) following its acquisition by MNT Halan Pak B.V., a…
Rs1.079 Trillion Power Sector Subsidy Likely in FY2025-26 Budget
ISLAMABAD: The federal government is expected to allocate a power sector subsidy of Rs1.079 trillion (Rs1,079 billion) for the fiscal year 2025-26 budget, according to…
Bahria Town’s Icon Tower to Be Auctioned by FBR due to tax Default
ISLAMABAD: The Federal Board of Revenue (FBR) has officially announced the auction of Bahria Icon Tower in Karachi, along with the Mall of Islamabad, to…
