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Mon 9 Muharram 1446AH
Pakistan
Source: The Express Tribune
Business Now

Caretaker CM Punjab Inaugurates Country’s Biggest Biogas Plant In Lahore

Last weekend, Pakistan’s largest biogas plant was inaugurated in Lahore’s Gujjar Colony area. It was revealed that the compressed biogas plant can produce 600 cubic meters of gas per day and will use up to 1,600 kg of manure daily to produce 16,000 kg of organic fertilizer. CM Punjab inaugurates the largest biogas plant Talking […]

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Source: Business Recorder
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Pakistan Records Significant Month-On-Month Surge In Exports: Report

Pakistan’s caretaker Minister for Commerce and Industries, Dr. Gohar Ejaz, recently shared positive news regarding the country’s trade performance. In January 2024, Pakistan witnessed a notable surge in revenue from exports, totaling $2.786 billion. This figure represents a significant increase of 26.9% compared to the same month in the previous year. Increasing exports, decreasing imports […]

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Samaa TV
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Govt Announces Shocking Increase In Petrol Prices For The Next 15 Days

In a recent turn of events, Pakistan’s caretaker government surprised the nation with yet another increase in petroleum prices with effect from February 1. Petrol by 13, diesel by 2 As per the official readings, after adding Rs.13.55, the new petrol price has reached 272.89, and diesel, with an up of Rs.2.75, reached Rs.278.96. Meanwhile, […]

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Source: USNews.com
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Cash-Strapped Pakistan Seeks $2 Billion Loan From China For One Year: Report

Earlier in the week, on Caretaker PM Anwaarul Haq Kakar’s directives, the PM office posted a letter to China’s Prime Minister Xi Jinping requesting a $2 billion loan. As per the letter, the loan (if granted) will be cleared in one year under an MOU signed between the two neighboring countries. As per media reports, […]

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Source: Juwai.asia
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Did You Know? Pakistanis Are Now Among The Top 10 Property Buyers In Dubai

Last year, buyers from India and the United Kingdom accounted for the most transactions, with Russians – who topped UAE’s list – ranked as the third-largest buyers. Notably, there was a significant increase in buyers from Pakistan as well – ranked as the 7th largest – Egypt, Lebanon, and Turkey, indicating Dubai’s continued role as […]

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Source: Economy.pk
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PIA On The Verge Of Shutdown, Cancels More Than 300 Flights Due To Fuel Shortage

Pakistan International Airlines (PIA), the national carrier of Pakistan, finds itself teetering on the brink of a shutdown, facing what might be its most challenging crisis in history. Over the past 10 days, PIA has been forced to cancel more than 300 flights due to a severe shortage of fuel and a looming financial crisis, […]

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Source: Geo.tv
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Germany Announces €2 Million Aid To Help Pakistan Combat Food Challenges

Germany has reaffirmed its commitment to supporting Pakistan in addressing food-related challenges by pledging €2 million in assistance through the World Food Program until 2027. This significant announcement was made during a special event held in Karachi last week, which celebrated the rich tapestry of art, culture, and collaboration between the two nations. Friendly Germany-Pakistan […]

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Source: The Intercept
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Afghanistan’s Currency Emerges As Best-Performing This Quarter Amidst Economic Shifts

In a surprising turn of events, Afghanistan’s currency, the Afghani, has emerged as the star performer of this quarter. Reports from international media have indicated that the afghani’s value has surged by approximately 9% during this period. What made “Afghani” the best? The remarkable increase can be attributed to a combination of factors, including the […]

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Source: CNA
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Thailand’s New PM Anticipates $5 Billion Investments From Google, Microsoft & Tesla

Thailand’s new Prime Minister, Srettha Thavisin, has made headlines by announcing the country’s anticipation of substantial investments from tech giants Tesla, Google, and Microsoft, totaling at least $5 billion. A total investment of $5 billion for Thavisin While Thavisin didn’t specify whether this $5 billion would be a combined investment or separate commitments from each […]

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Source: Finbold
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India’s Central Bank Contemplates Dollar Sales To Stave Off Rupee’s Record Decline

The Indian rupee (INR) is teetering on the brink of a record low, currently at 83.2025 against the U.S. dollar, down from the day’s opening rate of 83.09. Just a fraction away from its all-time low of 83.29, six traders have informed that the Indian central bank, the Reserve Bank of India (RBI), appears to […]

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