Pakistan News

    Low Price House In Karachi For Sale

  • Three-day boycott causes 40-50pc drop in fruit price, sale

    KARACHI: The retail prices of fruits and their sales have declined by 40 per cent to 50pc during the three-day boycott of buying fruit...

    Giving some examples, he said the price of average quality Sindhri mango declined to Rs50 form Rs 60-65 per kg, while banana rate dropped by Rs10 to Rs70-110 per dozen depending on the quality...

  • House passes measure to stop sale of Boeing aircraft to Iran

    WASHINGTON: A week before the one-year anniversary of the Iran nuclear deal, the Republican-led House approved measures aimed at blocking United States (US) companies from selling commercial passenger aircraft to Tehran...

    The amendment was added to a financial services spending bill that the House cleared by vote of 239-185...

  • Low oil price hits $200bn in mega-projects

    Further project cuts and delays are likely as the industry braces for an extended period of lower oil prices as a result of a supply glut...

    “There is an expectation that volatility is with us for a reasonable period of time to come and companies need to cope with that...

  • Rouble drops to year low amid oil price slump

    MOSCOW: Russia’s battered rouble on Monday reached its 2015 low as the slump in oil prices weighs on the outlook for the country’s recession-hit economy...

    46 against the dollar, dropping below 72 for the first time since December 2014...

  • Low oil price threatens future supply crisis: Saudi Arabia

    DOHA: Long-term oil market fundamentals remain robust but prolonged low prices could threaten security of supply and pave the way for a price spike, Saudi Arabia’s vice oil minister said on Monday...

    The comments suggest Opec heavyweight Saudi Arabia is satisfied with its strategy of not cutting production and allowing low prices to reduce supplies, without losing market share to competitors...

  • S. Arabia reserves drop further amid low oil price

    DUBAI: Saudi Arabia foreign reserves dropped further in October as the price of oil remained low, but they fell at slower rate than previous months, according to a report released on Wednesday...

    The Saudi finance ministry has issued bonds worth $20bn for the domestic market...

  • Gulf firms under pressure from low oil price: S&P

    Low oil income has slowed government expenditures on which these companies largely depend, it said...

    The IMF forecasts that that will result in a $300 billion drop in revenues this year for the six GCC states — Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE...

  • Price hike makes life difficult for low-income families

    KARACHI: “Learning about the rise in costs, customers are cursing us on our face,” said a shopkeeper at a retail grocery shop at Shahabuddin Market here on Thursday...

    The variety of rice which was available at Rs80/kg is now being sold at Rs100 as the Rs120 variety is selling at Rs150 and what was being sold for Rs150 earlier is now Rs180 a kilo,” he added...

  • Low road to the White House

    So unless some unforeseen disaster blocks his triumphal progress, he will be the Republican candidate to be anointed the party’s nominee for the presidential race...

    Mitt Romney, the Republican grandee who fought against Obama in 2012, has come out openly against Trump, urging voters to vote for anybody but him...

  • Karachi fetches highest bid in sale of PSL franchises

    LAHORE: The Pakistan Super League (PSL) project received a big boost here on Thursday after the Pakistan Cricket Board (PCB) announced that the franchise rights of all five outfits participating in the high-profile league have been sold out for a whopping US$93m for a 10-year period, with the Karachi franchise fetching the highest bid...

    “The PCB is proud to announce that the PSL’s commercial rights for franchises, title sponsorship...

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