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Ge Export Train leaving for port in U.S.A (Serial 9015 - 23) Pakistan Railways GEU-40 Locomotives Serial 9015 to 9023 & Colas Rail Class 70 Freight-liners Being Hauled for Shipment. Ge Export Train leaving for port in U.S.A (Serial 9024 - 32) Pakistan Railways GEU-40 Locomotives Serial 9024 to...

Pakistan and Iran have signed a Memorandum of Understanding (MoU) to open channels in their respective central banks for bilateral trade transactions and put an end to the dollar account for clearance of Letter of Credit (LC). The agreement has been signed to remove trade hurdles between the...

After reports that the standard petrol used by a majority of the country is of low grade and the only other country to use it is Somalia, Pakistan State Oil (PSO) has awarded contracts to import higher quality fuel from November 2016. A PSO spokesperson confirmed that the shipments of Research...

Apple's Twitter account spoils iPhone announcement Apple's brand new Twitter account got surprisingly active today when it went ahead and announced the iPhone 7 before Tim Cook could get to it on stage. A series of tweets were send out as advertisements, showing photos and video of the new...

Sindh High Court on Tuesday overturned a ban on Ashir Azeem’s directorial Maalik months after the federal information industry put a ban on the release of the film. The director had challenged the ban placed by the federal government on screening of the Urdu feature film nationwide. In its...

ISLAMABAD: Pakistan plans to issue two international tenders for 750,000 tonnes per year of liquefied natural gas (LNG) each in the coming month, the head of the country's state-owned LNG company said, as the South Asian nation seeks to alleviate chronic energy shortfalls. Pakistan's economy...

Russia has sought a tolling fee of $1.25 per unit for transmitting the imported liquefied natural gas (LNG) through the North-South Gas Pipeline, which its company will build from Karachi to Lahore at a cost of $2 billion. The fee was proposed during negotiations between the two countries in...

ISLAMABAD: The old design banknotes will cease to be legal tender with effect from December 1st 2016 as per Federal Government's Gazette Notification. According to SBP notification, it has now been decided to phase out all remaining old design banknotes of Rs 10, 50, 100 and 1000 while the Rs 5...

HAMBURG: Pakistani importers have recently purchased about 66,000 tonnes of soybeans to be sourced from the US Gulf, European traders said on Monday. The soybeans are for shipment between November and December, they said. Pakistan has been a heavy buyer of soybeans from North and South America...

ISLAMABAD: Directorate General of Immigration and Passports has contributed Rs. 86.571 billion to national exchequer on account of passport and visa fee during last five years. The introduction of new measures as per modern requirements by Ministry of Interior (MoI) have resulted in enhanced...

Maple Leaf Cement on Monday announced a net profit of Rs4.84 billion in the financial year ended June 30, 2016, up 40% compared to Rs3.45 billion in the previous year, according to a company notice sent to the Pakistan Stock Exchange. Earnings per share jumped to Rs9.18 in FY16 compared to...

A 10-member delegation of Uzbekistan businessmen, led by UzAgroSanoatmash Holding Deputy Chairman Nodir Atajanov, visited the Islamabad Chamber of Commerce and Industry (ICCI) and expressed keen interest in joint ventures and investment in Pakistan. The delegation represented various sectors...

LONDON: A stock market boom and five percent economic growth are helping Pakistan to find favor among international investors and its re-entry next year into a widely used emerging equity index could cement the rally. For years Pakistan has traded at a chunky discount to its neighbor India and...

FAISALABAD: Prime Minister Nawaz Sharif Saturday on Saturday inaugurated 40 megawatts (MW), coal fired power project at Sitara Chemical Industries Ltd (SCIL) here. The 40 MW coal power plant at Sitara Chemical Industries Ltd is the largest of its kind in the industrial sector of Faisalabad...

TRUST YOUR GUT WITH WELT – A SMART BELT FROM SAMSUNG Trusting your gut just got a whole lot easier. Meet the new smart belt from Samsung (with the rather unfortunate name) — Welt is a fashion accessory that happens to double as a fitness monitor, because sometimes, your waistline knows best...

Acer's Predator 21 X puts a curved screen and dual GTX 1080s in a laptop Release Date Coming Soon Curved 21-inch Screen 7th-generation Intel Core K-series processor 2 GeForce GTX 1080 GPUs Resolution 2560 x 1080 resolution IPS panel Tobii Eye-Tracking Space for as much as 4 TB's of SSD...

State Bank of Pakistan (SBP) Governor Ashraf Mahmood Wathra Thursday said that there was absolutely no reason to worry about the noticeable drop in remittances in the month of July. “There is no reason to panic. Because of Eid, people sent a record amount of money in June while banks were...

Rocket explosion is blow to SpaceX, Facebook and others After a thunderous explosion rocked SpaceX's main launch pad in Florida, destroying a rocket and a satellite Facebook was going to use to beam Internet to parts of Africa, companies are counting the cost. No one was injured in the...

ISLAMABAD (APP): China hands over capacity building equipment to Pakistan. In this regard, a signing ceremony was held at Ministry of Finance on Thursday. Secretary, Economic Affairs Division, Tariq Bajwa and Sun Weidong Ambassador of China signed the documents. Minister of Finance Senator...

PMSA, Navy to provide security of Gwadar Port & CPEC Sea Routes AUGUST 1, 2016 CHINA: The launching ceremony of second Maritime Patrol Ship BASOL for PMSA was held at Liuzhou city, in Guanghi Province of CHINA. This was second ship of its class that has been launched and is three months ahead...