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Pakistan’s currency dealers upset with tax authorities

KARACHI: Pakistan’s foreign currency dealers are flustered by Federal Board of Revenue (FBR) notices, demanding collection of taxes on foreign exchange transactions, which may...

Pakistani businesses not happy with new proposed taxes

KARACHI: Pakistani businessmen on Friday raised red flags on various taxation measures proposed in the Supplementary Finance Bill 2021-22, under the pressure of the...

World body fears energy prices, emissions may rise

PARIS: The world faces more years of high energy prices and emissions unless the electricity sector changes faster after demand hit a record last...

Private investments seen as hope for Egypt’s economic revival

CAIRO: Egypt has begun its economic transition through broad changes aimed at promoting long-term, inclusive, and environmentally friendly prosperity, economic analysts in the North...

Big ADB loan for Pakistan energy sector reforms

ISLAMABAD: The Asian Development Bank (ADB) on Wednesday signed six agreements with Pakistan to extend $1.543 billion worth of loans for energy sector reforms,...

4 banks mandated to line up investors for Pakistan’s Sukuk plan

KARACHI: Pakistan has mandated four banks to arrange investor meetings ahead of the planned issuance of a seven-year tenor US dollar-denominated Sukuk, with analysts...

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