View of a Pakistan International Airlines passenger plane. — APP/FileConsortium plans to raise operational aircraft from 18 to 62.Rs 125bn to be invested in first year for ground operations upgrade.New owner expected to take charge by April, subject to approvals.Arif…
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A drone view of a pump jack and drilling rig south of Midland, Texas, US June 11, 2025. — Reuters
Oil prices climbed about 5% on Tuesday after US President Donald Trump said he did not want to extend a soon-to-expire ceasefire in the Iran war and that the US military was…
Losses of state-owned entities surge 300% to Rs123 billion in FY25
A man walks past machines at the hot strip mill department of the Pakistan Steel Mills on the outskirts of Karachi on February 8, 2016. — ReutersNHA suffers Rs153bn loss and toll model strains finances.QESCO, SEPCO report Rs58bn, Rs29bn losses, respectively.Pakistan Railways, PESCO,…
PM invites Chinese firms to relocate industries to Pakistan under ‘win-win’ partnership model
Prime Minister Shehbaz Sharif addressing an event in Hangzhou, China, on May 24, 2026. — APPKarachi SEZ offers one-window operation.PM eyes $10bn agriculture trade increase.MoUs worth billions signed in China.
ISLAMABAD: Prime Minister Shehbaz Sharif on Sunday invited…