SA could emerge as victor from oil price wars say energy experts
SA could emerge as victor from oil price wars say energy experts DUBAI: Saudi Arabia will emerge as the victor…
Oil-hungry Asian nations pounce on low prices to build stockpiles
SINGAPORE: Some oil-hungry Asian nations are taking advantage of the collapse in prices caused by the coronavirus pandemic to build…
Mideast economies take massive hit with oil price crash
Iraq is planning painful cuts in social benefits relied on by millions of government workers. Saudi Arabia will likely have…
Coronavirus pandemic: EU agrees €500bn rescue package
EU finance ministers have agreed a €500bn (£430bn;$540bn) rescue package for European countries hit hard by the coronavirus pandemic. The…
ECC approves Rs 1.2tr relief package
ECC approves Rs 1.2tr relief package ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet under Chairmanship of Advisor to…
Massive dip in POL products use after lockdown
ISLAMABAD: The government has imposed ban on import of motor gasoline (petrol) and crude oil from April 2020 onward and…
SBP to ensure continuous availability of banking services
ISLAMABAD: The State Bank of Pakistan (SBP) takes measures to ensure continuous availability of banking services amid COVID-19 situation. SBP…
IMF wants new taxes to meet revenue target
ISLAMABAD: The International Monetary Fund (IMF) and the Federal Board of Revenue (FBR) have failed to reach an agreement on…
Govt set to approve increase in gas price as ECC meets today
ISLAMABAD: On the opening day of its two-week discussions with a staff mission of the International Monetary Fund (IMF), the…
India’s growth slows to 5% as New Delhi vows revival
MUMBAI: India’s economy grew 5 percent last year, its slowest expansion since the 2008 global financial crisis, official data showed…
