This undated image shows a PIA plane pictured mid-flight. — AFP/FileThe consortium led by Arif Habib Corporation Limited has notified the Privatisation Commission of its intent to acquire the remaining 25% equity stake in Pakistan International Airlines Corporation…
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Hike in power bills on cards as CPPA eyes fuel cost increase
A power technician while fixing electric meters in Pakistan. — AFP/FileCPPA seeks hike of Rs0.1911 per unit in power bills under FCA.Consumers to bear additional burden of Rs3bn if request approved.Hike aims to address difference in production cost and fuel charges.
Govt announces Rs4.07 per litre hike in petrol price
Motorcyclists waiting for their turn to fill fuel in their bikes at a petrol pump in Hyderabad on May 16, 2024. —APP Finance Division announces new prices. New petrol price will go into effect from Oct 1.Rates changed after reviewing int’l market.
ISLAMABAD: The…
Pakistan clears $3.45bn UAE deposits with final $1bn repayment
A moneychanger counts $100 banknotes at an exchange company. — Reuters/FileRepayments include 6% interest on UAE deposits.Saudi Arabia extends $3bn deposit maturity support.External financing gap likely to widen after repayments.
The State Bank of Pakistan said on Friday it had…