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Ali Ahmed

Ships carrying wheat, sugar arrive in Pakistan
Business & Finance

Ships carrying wheat, sugar arrive in Pakistan

  • Pakistan is facing some 2.5 to 3 million metric tons shortage of wheat due to lower crop output during this season. Initially, the federal government allowed duty-free import of 3 million tons of the commodity including 1.5 million tons through TCP and the same quantity allocated to the private sector.
Published 31 Oct, 2020 11:39am
ExxonMobil not to set up LNG terminal in Pakistan
Business & Finance

ExxonMobil not to set up LNG terminal in Pakistan

  • “ExxonMobil is evaluating all appropriate steps to significantly reduce capital and operating expenses in the near term as a result of market conditions and commodity price decreases,” said Exxon spokesperson while talking to Business Recorder.
Published 29 Oct, 2020 05:51pm
PIA to bolster flights to KSA amid Umrah resumption
Business & Finance

PIA to bolster flights to KSA amid Umrah resumption

  • The development comes after Pakistan announced it will accept applications for Umrah from the nationals from November 1 under the new regulations, in wake of the Saudi government's announcement to start Umrah pilgrimage for international pilgrims.
Published 28 Oct, 2020 01:09pm