Prime Minister Shehbaz Sharif speaks during a cabinet meeting in Islamabad, January 7, 2025. — Screenshot/GeoNews Prime Minister Shehbaz said he had a productive meeting with the UAE President. He affirms that the leader of this Gulf country assured him of his support for progress. The Prime Minister says progress will not be possible until … Read more
A view of a textile factory in Pakistan. — Reuters/File Data shows that textile exports fell 3% to $1.27 billion in July 2024. Exports rise 13% to $1.64 billion in August FY25, the data showed. Textile exports recorded a reasonable increase of 18% to $1.61 billion in September. ISLAMABAD: A 10 percent increase in textile … Read more
An undated image of the World Bank headquarters in Washington DC. — AFP/File Loan approval expected from the World Bank on January 14. Focus on neglected sectors over the next decade. The total amount could reach $40 billion with private loans. ISLAMABAD: Pakistan is set to receive a $20 billion loan from the World Bank … Read more
An undated image of a Parco refinery. — Parco Site/File The Ministry of Energy is examining measures to overcome political obstacles. Sales tax exemption conflicts jeopardize refinery modernization plans. SIFC sets January 7 as deadline to finalize refinery deals. KARACHI: The country’s refining sector has suggested several measures to the government to facilitate progress on … Read more