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This file photo shows State Bank of Pakistan building. — AFP

The State Bank of Pakistan announced on Tuesday that banks nationwide will remain closed on May 1 on account of Labour Day.

A brief notification issued by the central bank stated that May 1 has been…

A view shows the logo of the Organization of the Petroleum Exporting Countries outside its headquarters in Vienna, Austria, May 28, 2024.— Reuters Gulf states struggle to ship exports via Hormuz.UAE exit represents a big win for the US.UAE criticises Arab states for not doing…

Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, speaks during the High-Level European Union-Pakistan Business Forum in Islamabad on April 28, 2026. — AFPGovt focusing on commercial financing for economic needs: FinMin.Says remittances stable, including from UAE…

An aircraft of low-cost Irish airline Ryanair is prepared pre-flight at the Berlin-Brandenburg airport in Schoenefeld near Berlin, on April 4, 2024. — AFP

PARIS: Ryanair, Transavia, Volotea and other low-cost airlines are feeling the financial pain from high jet fuel prices as a…

Oil platforms and pumpjacks at Lake Maracaibo, in Cabimas, Venezuela, January 26, 2026. — ReutersOil rises on continued Mideast supply disruption fears.Brent up 2.75% at $108.23; WTI up 2.09% at $96.37.Shipping through Strait of Hormuz remains constrained.

Oil prices…