Chief Editor: Ansar Mahmood Bhatti

Category Archives: Business

PSX tumbles by 281 points in one week

LAHORE (DNA) – The Pakistan Stock Exchange (PSX) index has lost 281 points in one week and closed at 42,505 points on Saturday.Following the election results, the entire focus of investors is on the economic policies of new government.The investors are looking forward how the upcoming government prevents foreign exchange reserves to collapse while reducing fiscal and trade deficits.

Qatar Airways to bring Airbus A350-1000 to New York’s JFK

DOHA, (DNA) – Qatar Airways’ ultra-modern Airbus A350-1000 will join the airline’s New York JFK route starting October 28, 2018, the airline’s first commercial route to the US operated with this state-of-the-art aircraft.Qatar Airways is the global launch customer for the world’s most advanced passenger aircraft, the latest member of the Airbus wide-body aircraft portfolio, which currently operates daily non-stop service between Doha and London.

China agrees to give $2b loan to Pakistan

ISLAMABAD:  (DNA) – In a major development, China has agreed to immediately give a $2 billion loan to Pakistan, a move meant to arrest the sliding official foreign currency reserves and provide much-needed breathing space to the new government.

PTI’s promises include turning around PIA, PSM

KARACHI: (DNA) –  With Pakistan’s gross foreign currency reserves at an alarmingly low level at $9 billion, a trade deficit that touched its peak, and external financing needs projected to be around $11 billion a year, the country has its work cut out.

KDA announces deductions of salary for Basha, Mohmand Dams

 KARACHI, July 22 (DNA): Director General KDA, Samiuddin Siddiqui has said that for the economical stability it is important to eradicate the energy challenges.“Due to not having a water storage facilities not only industries but agriculture are also badly affected,” he said in a statement Sunday.

RCCI to organize Financial Technology conference

RAWALPINDI, JUL 22 (DNA) – The Rawalpindi Chamber of Commerce and Industry (RCCI) is going to organize Financial Technology conference (FinTech) earlier next month.The major purpose of this conference was to promote Information Technology (IT) and to bring awareness among key stakeholders for its use in lowering cost of production and enhancing innovation towards their businesses.

Qatar announces new Visa Policy for Pakistan

DOHA , (DNA) – Qatar has revised its travel policy for citizens of Pakistan so that they could take advantage of visa-free entry into the Middle Eastern country.According to the new policy link, the passengers must have the valid passport for at least 6 months and a valid credit card.