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Omar Ayub Khan

WB speaks about focal points of upcoming talks with Pakistan

ISLAMABAD: The World Bank (WB) has said that managing uncertainty and preparing for future crises will be the centre...

Updated 31 Mar, 2022 09:45am

Markets

Saudi oil facility :First oil tanker to arrive this month: minister

ISLAMABAD: First oil tanker under Saudi oil facility to arrive in the 3rd week of March 2022, said Omar Ayub Khan,...

Published 03 Mar, 2022 04:39am

Pakistan

Projects implemented by KP govt: NCC-FFP for removing bottlenecks, expediting progress

ISLAMABAD: The National Coordination Committee on Foreign-Funded Projects (NCC-FFP) has directed to resolve all the...

Published 22 Feb, 2022 04:43am

Rescheduling of accords under DSSI: EAD creates fiscal space of $4bn

ISLAMABAD: The Economic Affairs Division (EAD) has created a fiscal space of $4 billion through negotiations for...

Updated 22 Feb, 2022 11:23am

CCoCPEC approves several projects

These include realignment of KKH from Thakot to Raikot, provision of utilities for CPEC Special Economic Zones (SEZ)

Updated 18 Feb, 2022 02:31pm

Cancellation of loans, their reinvestment discussed with World Bank

ISLAMABAD: The World Bank and Pakistani authorities have discussed cancellation of different loans amounting to...

Updated 17 Feb, 2022 11:25am

Pakistan

WB likely to further downgrade $200m locust and food security project

ISLAMABAD: The World Bank is likely to further downgrade the $200 million locust emergency and food security project...

Published 10 Feb, 2022 04:40am

54 projects being implemented through World Bank funding

Federal Minister for Economic Affairs directs EAD officials to set up a project management unit for effective monitoring of development schemes

Updated 10 Feb, 2022 10:17am

Pakistan

‘Fake NGOs may be abolished’: NA body

ISLAMABAD: The Ministry of Economic Affairs, while expressing its inability to supervise and monitor NGOs/INGOs, has...

Published 04 Feb, 2022 04:43am

Business & Finance

Minister defends govt borrowing

ISLAMABAD: Minister for Finance and Revenue Shaukat Tarin said that a total of public debt as at end-September 2021...

Published 31 Dec, 2021 06:50am

Finance Div not taking responsibility of Rs106bn ETCSP: PASS

ISLAMABAD: The Poverty Alleviation & Social Safety Division (PASS) has reportedly accused Finance Division for...

Updated 23 Dec, 2021 09:58am

Six financing agreements of $1.543bn signed with ADB

ISLAMABAD: The Government of Pakistan and the Asian Development Bank (ADB), on Wednesday, signed six financing...

Updated 23 Dec, 2021 09:58am

All set for inking $1.5bn loan agreements with ADB

ISLAMABAD: Pakistan and the Asian Development Bank (ADB) will sign six financing loan agreements worth $1.535 ...

Published 22 Dec, 2021 06:13am

Pakistan

Vacant posts in Discos have slowed down recovery drive?

LAHORE: As many as 30,000 vacant posts in the distribution companies (Discos) have slowed down recovery drive amidst...

Published 21 Dec, 2021 04:14am

Pakistan, Russia to develop financial infrastructure

ISLAMABAD: Pakistan and Russia have reportedly agreed to develop bilateral financial infrastructure through their...

Updated 21 Dec, 2021 03:52pm

Ehsaas Targeted Commodity Subsidy Programme: Rs106.102bn approved by ECC

ISLAMABAD: A special meeting of the Economic Coordination Committee (ECC) of the Cabinet has approved Rs106.102...

Updated 18 Dec, 2021 09:30am

Textile, auto policies approved by ECC

ISLAMABAD: A meeting of the Economic Coordination Committee (ECC) of the Cabinet has approved the Textile and ...

Updated 17 Dec, 2021 12:08pm

Approval to SME policy delayed: Gas from UEP’s fields to SSGCL approved by ECC

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved allocation of gas under commercial...

Updated 11 Dec, 2021 10:03am

ECC set to consider policies for auto industry, SMEs

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet, which is scheduled to meet on Friday (today)...

Updated 10 Dec, 2021 09:56am

ECC grants increase in OMCs’, petrol dealers’ margin

ISLAMABAD: A meeting of the Economic Coordination Committee (ECC) of the Cabinet has approved enhancement of 71...

Updated 02 Dec, 2021 09:27am

Markets

Govt starts paying Rs134.8bn to IPPs as Discos’ equity

ISLAMABAD: The government has started making payment of Rs134.8 billion to the IPPs of pre-1994 policy, 1994 and ...

Published 01 Dec, 2021 03:52am

ECC inducts Khusro, Baqir into technical body

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has included Minister for Industries and...

Updated 26 Nov, 2021 10:12am

Pakistan

Govt hands TIP over to NRTC for revitalization

ISLAMABAD: The government has handed over the loss-making entity – the Telephone Industries of Pakistan (TIP) to...

Published 25 Nov, 2021 03:53am

Various items currently imported from Afghanistan: ECC decides to eliminate/reduce tariffs

ISLAMABAD: Economic Coordination Committee (ECC) of the Cabinet Monday decided elimination/reduction of tariffs on...

Updated 23 Nov, 2021 09:50am

ECC informed: SME policy to ensure NFIS 2023 implementation

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet was informed that the proposed SME policy will...

Updated 18 Nov, 2021 09:25am

Pakistan

Omar Ayub meets ADB delegation

ISLAMABAD: The Federal Minister for Economic Affairs, Omar Ayub Khan, held a meeting with John Hurley, USA’s...

Published 16 Nov, 2021 04:26am

$700m ready for Covid-19 vaccines: Zukhov meets Ayub, says ADB plans to give $10bn in 5 years

ISLAMABAD: Eugenue Zukhov, Director General, Central & West Asia Department of the Asian Development Bank ...

Updated 10 Nov, 2021 09:43am

Three sectors: €129m financial co-op pact inked with Germany

ISLAMABAD: Pakistan Tuesday signed financial cooperation agreement worth €129 million with Germany for three...

Updated 03 Nov, 2021 09:41am

Business & Finance

Wide-ranging cooperation on the cards: Russia shows interest in PSM revival

ISLAMABAD: While showing concern at the slow pace of implementation of previous pacts, Russia has shown an interest...

Updated 01 Nov, 2021 10:24am

Pakistan

Combination of multiple factors: Minister says country has witnessed significant macroeconomic imbalances

ISLAMABAD: Omar Ayub Khan, minister for Economic Affairs (EAD) has stated that Pakistan has witnessed significant...

Published 21 Oct, 2021 04:38am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 20 786 Investments Limited(786)	4.70 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 20 Al-Abbas Sugar Mills Limited(AABS)	270.00 ▼ 0.00 (0.00%)
Agro Allianz / May 20 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 20 Allied Bank Limited(ABL)	79.50 ▼ 0.00 (0.00%)
Abbott Lab. / May 20 Abbott Laboratories (Pakistan) Limited(ABOT)	640.88 ▼ 0.00 (0.00%)
Abson Ind. / May 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 20 Alfalah Consumer Index ETF.(ACIETF)	10.15 ▼ 0.00 (0.00%)
Attock Cement / May 20 Attock Cement Pakistan Limited(ACPL)	86.82 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 20 786 Investments Limited(786)	4.70 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 20 Al-Abbas Sugar Mills Limited(AABS)	270.00 ▼ 0.00 (0.00%)
Agro Allianz / May 20 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 20 Allied Bank Limited(ABL)	79.50 ▼ 0.00 (0.00%)
Abbott Lab. / May 20 Abbott Laboratories (Pakistan) Limited(ABOT)	640.88 ▼ 0.00 (0.00%)
Abson Ind. / May 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 20 Alfalah Consumer Index ETF.(ACIETF)	10.15 ▼ 0.00 (0.00%)
Attock Cement / May 20 Attock Cement Pakistan Limited(ACPL)	86.82 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 20	200.20
USD PKR Interbank Buying / May 20	199.80
USD to Japanese Yen / May 20	128.12
USD to Swiss Franc / May 20	0.97
Pound Sterling to USD / May 20	1.24
Euro to USD / May 20	1.06
UK LIBOR % / May 20	0.82

Stock	Volume
S&P 500 / May 20	3900.79
India Sensex / May 20	52792.23
Tokyo Nikkei / May 20	26673.91
Nasdaq / May 20	11388.50
Hang Seng / May 20	20581.03
FTSE 100 / May 20	7302.74
Dow Jones / May 20	31253.13
Germany DAX 30 / May 20	13882.30
France CAC40 / May 20	6272.71

Item	Value
Crude Oil / May 20	112.00
Karachi Cotton Assoc. / May 20	21180.00
Gold 10 Grams / May 20	113300.00
Gold Spot / May 20	1838.55
Cotton / May 20	128.58

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