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Economy

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Pak rupee breaks all previous records against US dollar

KARACHI: Ongoing political uncertainty and delays in economic decisions, especially lingering talks with the International Monetary Fund (IMF) are the major reasons for the...

Moody’s concerned over Pakistan’s economy

NEW YORK: The Moody’s Investor Service, a global credit rating agency has raised concerns over Pakistan’s economy, terming the no-trust motion against Prime Minister...

Oman: MSX to allow full foreign ownership in listed companies

MUSCAT: The Muscat Stock Exchange announced limits on foreign ownership of listed companies have been lifted, and such enterprises can now be 100 percent foreign-owned. Companies...

Saudi deposits $5 billion in Egypt’s central bank

RIYADH/CAIRO: Saudi Arabia has deposited $5 billion into Egypt's central bank, a day after Qatar pledged $5 billion in investment and amid a rising...

Pak-Iran discuss JCPOA, holding Joint Economic Commission meeting

ISLAMABD: Pakistan’s Foreign Ministry in a statement on Wednesday said foreign minister Shah Mahmood Qureshi met with his Iranian counterpart Hossein Amirabdollahian on the...

Bangladesh in economic turmoil over soaring commodity prices

DHAKA: Thousands of people took to the streets across Bangladesh this week to protest against the price hike following calls from left-wing political parties. Protesters...

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