| Saudi Arabia to provide 1,50,000 tons Urea to Pakistan |
 06 Sep 2008 19:20 |
| The government of Saudi Arabia will provide 1,50,000 tonnes of Urea fertilizers to Pakistan to fulfill the domestic consumption of the commodity.
According to a new agreement signed between Pakistan and Saudi Arabia, the Saudi government will provide urea fertilizers worth of 125 million dollars till the end of this month.
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Pakistan's Rupee Set for Worst Month Since 2000 on Oil Imports |
31 Jul 2008 12:52 |
| Pakistan's rupee was set for its worst month since September 2000 as surging crude oil prices increased import costs and fueled demand for dollars. Government bonds were unchanged.
The rupee, the worst performer this year among the 16 most- traded currencies in Asia outside Japan, touched a record low this month amid 30-year high inflation and a slump in local stocks. Three... |
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Enormous investment opportunities exist in housing sector |
15 May 2008 13:48 |
| Currently there was a shortfall of 7.90 million housing units in the country and it is considered to be the right time to capitalize this opportunity.
This was stated by Executive Director General (EDG) Investment Division and Board of Investment (ID&BOI), Maj. ® Iqbal Ahmad here Wednesday while talking to a high level Malaysian business... |
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| Oil price near record highs |
07 May 2008 13:20 |
| World oil traded only a little below 122 dollars per barrel Wednesday after concerns over supply in key producer Nigeria helped push prices to record highs in frenzied trading, dealers said.
New York’s main oil futures contract, light sweet crude for June delivery, was 21 cents lower at 121.63 dollars in afternoon Asian trade, Geo reported.
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Pak delegation leaves for 4th World Islamic Economic Forum |
29 Apr 2008 12:57 |
| Two high profile Pak delegations from corporate sector left for Kuwait to attend a 3-day, 4th World Islamic Economic Forum being held in Kuwait from tomorrow (April 29).
Emir Kuwait,Sheikh Sabah Al Ahmad Al-Jaber Al-Sabah will chair the forum.
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| New Trade policy to be accommodative, help boost exports:Khaqan Abbasi |
29 Apr 2008 12:49 |
| Minister for Commerce, Shahid Khaqan Abbasi said on Monday that the forthcoming trade policy would be formulated in consultation with all stakeholders to make it more accommodative and efficient topropel exports for reducing trade deficit and socio economic prosperity of the country.
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Increase in oil prices to affect economy |
13 Mar 2008 13:40 |
| Increase in Petrol, Diesel & Furnace Oil and other petroleum products prices would affect the economy.
Kh. Khawar Rashid President, Pakistan Chemicals & Dyes Merchants Association (PCDMA), Zonal Office & Chairman of the Zonal Standing Committee on Trade & Imports, Federation of Pakistan Chambers of... |
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| ‘Fuelling Pakistan 2008’ exhibition from Friday |
13 Mar 2008 13:34 |
| A three-day exhibition to showcase LPG products titled ‘Fuelling Pakistan CNG, LPG & Alternative Energy 2008’ will be held at the Fortress Stadium ground in Lahore from March 14 to March 16.
Pakistan is number one in the world in CNG (compressed natural gas) consumption. It is a surging economy with the GDP growth rate averaging seven percent for the past three years, and over 40 LPG... |
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Pharma export target fixed at $ 500 mln |
05 Mar 2008 11:57 |
| A meeting of stakeholders in pharmaceutical industry has decided to increase pharma product exports to $ 500 million in next five years.
The meeting, held at Trade Development Authority of Pakistan (TDAP) was chaired by TDAP chief executive Tariq Ikram and attended by Secretary Naved Arif and representatives of Pakistan Pharmaceutical... |
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Gold hits record hike |
03 Mar 2008 12:25 |
| Gold edged closer to the $1,000 an ounce mark on Monday, setting a record high for the fourth straight day after the dollar tumbled and crude oil held near an all-time high.
Gold jumped as high as $983.90 an ounce, partly driven by purchases from Japanese speculators who took advantage of the dollar’s drop to a three-year low against the yen. Gold was last quoted at... |
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