By Staff Reporter
ISLAMABAD: Pakistan is waiting for the International Monetary Fund (IMF) to approve the first review of its $3 billion Standby Arrangement (SBA) and release the second tranche of $700 million, but the IMF’s executive board is unlikely to take up the case until mid-December.
By Staff Reporter
ISLAMABAD: Gunmen opened fire on a bus traveling on a mountainous highway in northern Pakistan on Saturday evening, killing at least eight people, including two soldiers and a police officer, and injuring 22 others, officials said.
By Staff Reporter
ISLAMABAD: The Pakistan Tehreek-i-Insaaf (PTI), led by former prime minister Imran Khan, elected a new chairman on Saturday in a controversial intra-party election that was challenged by its opponents and some of its founding members.
By Staff Reporter
ISLAMABAD: The government awarded six onshore oil and gas exploration blocks to local and foreign companies on Friday, but four other blocks received no bids despite an extension of the deadline, the Petroleum Division said.
By Staff Reporter
ISLAMABAD: Exports rose for a third straight month in November, signaling a recovery in external demand while the trade deficit also narrowed as imports fell more than exports, official data showed on Friday.
By Staff Reporter
ISLAMABAD: The consumer price inflation rate jumped to 29.2 percent in November, as a steep hike in gas prices fuelled the housing and utility costs, official data showed on Friday.
By Staff Reporter
ISLAMABAD: Pakistan has hired a consortium led by Jones Lang LaSalle Americas Inc. (JLL) as the financial adviser for the sale and joint venture development of the Roosevelt Hotel in New York, USA, the Privatisation Commission Board said on Friday.
By Staff Reporter
ISLAMABAD – – A founding member of Pakistan Tehreek-e-Insaf (PTI) on Friday expressed doubts about the party’s internal elections, which are scheduled to take place on Sunday, and hinted that he might raise the issue with the Election Commission of Pakistan (ECP).
By Staff Reporter
ISLAMABAD: The anti-corruption watchdog on Friday filed charges against former prime minister Imran Khan and seven others, accusing them of receiving billions of rupees and vast tracts of land from a real estate developer in exchange for legalising funds that were returned by the UK in a money laundering case.
By Staff Reporter
ISLAMABAD: The political party of jailed former Prime Minister Imran Khan is facing a leadership crisis and internal divisions as his wife and sisters clash over the choice of an interim party chief and the legal defense of the imprisoned leader.
