Islamabad, September 19, 2024 – Pakistan expressed its desire on Thursday to explore the possibilities of engaging in barter trade with Russia as part of an effort to strengthen bilateral economic cooperation.
(more…)Author: Mrs. Anjum Shahnawaz
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SECP Forms Islamic Capital Market Development Committee
Islamabad, September 19, 2024 – The Securities and Exchange Commission of Pakistan (SECP) has established the Islamic Capital Market Development Committee (ICMDC) with a mandate to enhance the growth and development of Islamic finance in the country.
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Sindh Braces for Hot and Dry Weather on September 20, 2024
Islamabad, September 19, 2024 – The Pakistan Meteorological Department (PMD) has issued a weather forecast warning of hot and dry conditions across the Sindh province on Friday, September 20, 2024. As temperatures continue to soar, residents in Sindh are urged to prepare for another day of sweltering heat.
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Pakistan Plans New Steel Mill in Karachi with Russian Support
Islamabad, September 18, 2024 – Pakistan is set to establish a new steel mill in Karachi with cooperation from Russia, marking a significant stride in the country’s industrial development.
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Hot and Dry Weather Continues Across Pakistan
ISLAMABAD, September 17, 2024 – The Pakistan Meteorological Department (PMD) has forecast that hot and dry weather conditions will persist across most parts of Pakistan on Wednesday, September 18, 2024. The heatwave is expected to affect large portions of the country, while some areas in the northern regions could experience relief with isolated showers.
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Government Adjusts Exchange Rates for Petroleum Prices
ISLAMABAD – The Pakistani government has adjusted the exchange rate used for calculating petroleum product prices, effective from September 16, 2024. This move led to a slight reduction in the cost of petrol, with minimal impact on high-speed diesel (HSD) prices.
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IMF Takes Up Pakistan Loan Program on September 25 Agenda
Islamabad – The International Monetary Fund (IMF) has confirmed that its Executive Board will consider Pakistan’s loan request under the Extended Fund Facility (EFF) on September 25, 2024. The agenda for the board meeting includes the “Pakistan – 2024 Article IV Consultation and Request for an Extended Arrangement under the Extended Fund Facility.”
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Pakistan to Witness Partial Lunar Eclipse on September 18
Islamabad, September 16, 2024 – The Pakistan Meteorological Department (PMD) announced on Monday that Pakistan will witness a partial lunar eclipse on September 18, 2024. The eclipse will be visible in several regions across the globe, including Europe, most of Asia, Africa, North America, South America, and parts of the Pacific, Atlantic, and Indian Oceans, as well as the Arctic and Antarctica.
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Gunvor, Total Energies Leaders Meet PM Shehbaz on Growth
Islamabad, September 16, 2024 – Gunvor Group Chairman Torbjorn Tornqvist and Vice President of Oceania & Southeast Asia for Total Energies, Mehmet Celepoglu, met with Prime Minister Muhammad Shehbaz Sharif on Monday to explore potential investment opportunities in Pakistan’s growing energy sector.
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Pakistan Sharply Reduces Petroleum Prices for 2nd Half of September 2024
Islamabad, September 15, 2024 – In a major relief to consumers, Pakistan announced a sharp reduction in petroleum prices for the second half of September 2024.
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