Business

PM sets $60bn export target, orders strategy

ISLAMABAD: In a bid to drive export-led economic growth, Prime Minister Shehbaz Sharif has directed authorities to devise a comprehensive and effective strategy to achieve the target of $60 billion in exports over the next five years. Chairing a high...

IMF, govt teams set to discuss energy reform strategy

ISLAMABAD: On Tuesday, teams from the International Monetary Fund (IMF) and the Pakistani government will meet to discuss several measures aimed at improving the country's energy sector and addressing climate change commitments. One of the key topics...

PM Shehbaz meets WB delegation to discuss $40bn agreement

ISLAMABAD: In a significant development, Prime Minister Shehbaz Sharif met with the Executive Directors of the World Bank, who arrived in Pakistan on Monday for the first time in two decades to review the progress and implementation of a $40 billion...

Pakistan, KSA agree to enhance bilateral economic ties

ISLAMABAD: Pakistan and Saudi Arabia have vowed to further strengthen economic ties for a shared future. The commitment was expressed during a high-level meeting between Finance Minister Senator Muhammad Aurangzeb and his Saudi counterpart Mohammed b...

ECC meeting approves major financial decisions

ISLAMABAD: A meeting of the Economic Coordination Committee (ECC) of the Cabinet was held under the chairmanship of the Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb.  The meeting was attended by Minister for Commerce Jam...

Bank Alfalah strengthens Qist Bazaar with Rs55m equity, Rs460m credit facility

KARACHI: Bank Alfalah has reinforced its commitment to financial inclusion by increasing its investment in Qist Bazaar, Pakistan's rapidly growing buy-now-pay-later (BNPL) platform catering to essential purchases of people with minimal and easy insta...

Azerbaijan-Pakistan chamber of commerce inaugurated to boost bilateral trade

ISLAMABAD: Pakistan achieved a significant milestone in fostering bilateral trade relations with Azerbaijan as the Azerbaijan-Pakistan Chamber of Commerce and Industry was officially inaugurated in Islamabad. The ceremony was graced by Federal Minist...

IMF applauds Pakistan's economic efforts ahead of review: Aurangzeb

ISLAMABAD: Finance Minister Muhammad Aurangzeb shared on Wednesday that the government has received "very positive" feedback from the International Monetary Fund (IMF) regarding Pakistan's macroeconomic stability and its reform efforts. Speaking at...

PM Shehbaz, IMF's Georgieva hold talks on ongoing program

DUBAI: In a significant development on the sidelines of the World Government Summit (WGS) 2025, Prime Minister Shehbaz Sharif engaged in a crucial meeting with Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF). The talk...

Rana Tanveer chairs PSMA meeting on sugar distribution, pricing

ISLAMABAD: Federal Minister for Industries and Production, Rana Tanveer Hussain, chaired a significant meeting of the Pakistan Sugar Manufacturers Association (PSMA) on Tuesday, focusing on crucial decisions regarding sugar pricing and distribution a...

NC Big Stories

Pakistan will respond with full force to any Indian misadventure

ISLAMABAD: Prime Minister (PM) Shehbaz Sharif yesterday held a telephone conversation with the United Nations (UN) Secretary General Antonio Guterres and discussed recent developments in South Asia. "During the telephone call, the prime minister affi...

Security Forces kill at least three terrorists in Turbat IBO

TURBAT: At least three terrorists were killed during an intelligence-based operation (IBO) by security forces in the Turbat area of Balochistan, the military's media affairs wing said yesterday. According to the Inter-Services Public Relations (ISPR)...

Indian Army in 'crisis, chaos' as northern command chief dismissed

KARACHI: The Indian Army is facing a deep internal crisis following the controversial Pahalgam incident, which has been labelled a "failed false flag operation" by insiders. In what appears to be a panicked move, the Modi government has dismissed the...

Pakistan set to become next major tech destination: PM

ISLAMABAD: Prime Minister Shehbaz Sharif yesterday reaffirmed Pakistan's commitment to becoming the next major tech destination in light of $700 million pledged in foreign investment in the IT sector at the Digital Foreign Direct Investment (DFDI) co...
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