Business Update

You can view business and Economy news in this category from all over the Pakistan. So enjoy now!

Fawad says PML-N should issue a show-cause to Nawaz

ISLAMABAD: Information Minister Fawad Chaudhry on Monday asked Pakistan Muslim League-Nawaz (PML-N) to issue a show-cause notice to party supremo Nawaz Sharif in the same manner that they issued it to a party member who made controversial remarks during elections in AJK a day earlier. “Ahsan Iqbal sb has issued …

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Saudi foreign minister to visit Pakistan tomorrow

ISLAMABAD: Saudi Foreign Minister Prince Faisal bin Farhan Al Saud will visit Pakistan tomorrow (Tuesday) on the invitation of Foreign Minister Shah Mahmood Qureshi to discuss bilateral ties and regional and international issues, the Foreign Office said on Monday. “On the invitation of Foreign Minister Makhdoom Shah Mahmood Qureshi, the …

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Two ECP members retire after completing tenure

ISLAMABAD: Two members of the Election Commission of Pakistan (ECP) – Khyber Pakhtunkhwa member Irshad Qaiser and Punjab member Altaf Ibrahim Qureshi – have retired after completing their five-year term. The stalemate between the government and opposition continues and consultation for appointment of new members could not be initiated. According …

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Pakistan ranks top 10 in business environment: report

BEIJING: The Annual Report on Investment Security of China’s Belt and Road Construction (2021) was jointly released by China Belt and Road Think Tank Cooperation Alliance, Beijing International Studies University, and other institutions. The report puts forward the fruits of researches on the political, economic, social, cultural, and ecological investment …

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HEC in a quandary about its undergraduate policy

KARACHI: The Higher Education Commission (HEC), on July 15, announced a one-year extension in the implementation date of its latest undergraduate policy. The move came in a bid to benevolently offer universities the opportunity to suspend the former undergraduate policy by mid-2022, if they so wished. However, considering that the …

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New security plan to cover ‘all Chinese workers’

ISLAMABAD: Pakistan will review security arrangements for Chinese nationals working on the China-Pakistan Economic Corridor (CPEC) as well as other projects after a recent terrorist attack near the Dasu hydropower plant in Kohistan. Foreign Minister Shah Mahmood Qureshi, accompanied by Inter-Services Intelligence (ISI) Director General Lt General Faiz Hameed, during …

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Rumbling meteor lights up Norway

OSLO: An “unusually large meteor” briefly lit up southern Norway on Sunday, creating a spectacular sound and light display as it rumbled across the sky, and a bit of it may have hit Earth, possibly not far from the capital, Oslo, experts said. There were no immediate reports of injuries …

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India upset over ‘PTI victory’ in AJK elections: Fawad

ISLAMABAD: Minister for Information and Broadcasting Fawad Chaudhry has said that India is “very upset” over “victory” of Pakistan Tehreek-e-Insaf (PTI), led by Prime Minister Imran Khan, in Azad Jammu and Kashmir (AJK) elections. The minister while speaking to media in Punjab’s Pind Dadan Khan on Sunday said Kashmiris have …

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