Udpp Almost 400 people winched from stricken cruise liner off Norway
KARACHI:The Pakistan stock market witnessed a phenomenal week as the index managed to post
mens air forces gains in all five sessions - a feat seen after 26 weeks. The KSE-100 index powered past the 34,000-mark, jumping 741 points or 2.2% to settle at 34,008 points.Investors were euphoric over the easing lockdown as businesses were allowed to once again resume activities. Anticipation of a hefty cut in interest rates also helped fuel bullish sentiments and improved activity in highly levered stocks. However, commercial banks felt the hea
air max90 t on account of expectation of further rate cut, which may stress profitability of the banking sector.On the development front, Prime Minister Imran Khan directed the gover
air fone one nment to expedite construction work on the Diamer-Bhasha dam, which drove investors interest in cement and steel sectors.Meanwhile, the MSCI review of Pakistan, announced this week, had also weighed on market sentiments with some expecting Pakistan to retain its place while others expected the count Wrlb Conference on sustainable agriculture
ISLAMABAD:Saudi Arabia has agreed in principle to invest in a new oil refinery in Pakistan's deep-water port of Gwadar, the petroleum min
jordan blanche ister said on Thursday.The state-owned Pakistan State Oil (PSO) will partner with Saudi state oil giant Aramco on the project, Petroleum Minister Ghulam Sarwar Khan told reporters.Saudi delegation to size up investment opportunities in Gwadar, Punjab They showed an interest to immediately invest in the refinery, Khan said, describing a visiting Saudi delegation. We sat down and held initial discussions with them and it was principally decided by both sides tha
jordan rosas t it will be a government-to-government agree
jordan uomo ment. Details of the refinery's costs and scope are to be worked out later, he added.
