Malaysian palm oil futures closed higher on Friday and posted a third consecutive weekly gain, supported by strength in rival edible oils in Dalian and Chicago.
The futures also booked a 3.40% weekly gain and the highest close in 14 weeks.
The benchmark palm oil contract for October delivery on the...
Pakistan and Kyrgyzstan have pledged to expand bilateral trade to $100 million and signed multiple agreements to boost cooperation in trade, energy, health, investment, and education during the 5th Session of the Inter-Governmental Commission (IGC) held in Islamabad.
According to an official statement released on Monday, the meeting, co-chaired by...
Pakistan Refinery Limited will import its first cargo of Nigerian Bonny Light crude from Vitol in September, two sources familiar with the matter said, as Asian refiners shift towards cheaper alternatives to Middle Eastern oil.
The 500,000-barrel, light-sweet crude cargo is expected to load later this month and arrive in...
RUA AlHaram AlMakki Company concludes Cityscape Global debut with six strategic MoUs, advancing investment and partnerships for King Salman Gate.
King Salman Gate showcased as a transformative destination uniting the global Muslim community in the heart of Makkah.
Immersive booth welcomed thousands of visitors over the four-day event,...
Prime Minister Shehbaz Sharif has said the government is building a safe and business-friendly environment for the Chinese community in Pakistan by enhancing their security.
“The confidence of Chinese companies in the Pakistani economy is extremely important for our economic future,” Prime Minister Shehbaz said while chairing a meeting on Tuesday...
Gold prices rebounded on Thursday from a one-month low hit in the previous session, as trade uncertainty stemming from fresh U.S. tariff announcements lifted bullion’s appeal, even as expectations of a U.S. rate cut in September eased.
Spot gold was up 0.5% at $3,292.24 per ounce, as of 0230 GMT. Bullion...
Finance Minister Senator Muhammad Aurangzeb is returning to Washington on Tuesday to conclude the final round of negotiations under the Pakistan-US Trade Dialogue, as the two countries move closer to signing a crucial bilateral trade agreement.
In a statement shared with the media in Washington, the finance ministry described the...
With the recent US tariff reduction opening fresh opportunities for Pakistani auto exports, Minister of Commerce Jam Kamal Khan on Wednesday unveiled plans to strengthen the sector, forming a high-level committee to resolve industry challenges.
The development came during an auto industry meeting with the commerce minister on Wednesday, read...
The government’s efforts to artificially bring down the dollar rate are faltering, with market forces pushing back against a Rs250 exchange rate target and foreign currencies reportedly vanishing from the open market.
A crackdown on dollar smuggling launched on July 23 has led to a minor depreciation of around Rs3 in both...
Bilateral trade between Pakistan and the United Arab Emirates (UAE) has surged to $10.1 billion in FY25, according to the State Bank of Pakistan (SBP), marking a strong revival in economic ties between the two countries. This increase comes at a time when both sides are exploring new avenues...
