Pakistan was weighing Eurobonds from other countries and commercial debt to replace a $3.5 billion facility from the United Arab Emirates
Silver prices also declined
expected increase is mainly linked to higher international oil prices
The proposed changes are part of amendments to the “Financial Institutions (Recovery of Finances) Ordinance, 2001”
Mobile phones brought into Pakistan are sometimes automatically blocked after a few weeks
High-speed diesel (HSD) prices are expected to remain stable
The local price of 10 grams of gold increased by Rs6,687.
Despite the recent dip, oil prices remain significantly higher than the roughly $70 per barrel levels seen before the start of the conflict
The service is now fully operational in Karachi and Lahore, with Islamabad scheduled to go live soon.
All shops, markets and shopping malls will shut at 8pm throughout the week, including weekends
The briefing comes at a time when global fuel markets have seen sharp price increases over the past two months
In the international market, gold prices have fallen by $38 per ounce.
Earlier, the KMC had sought approval to establish cattle markets at 11 locations; however, permission has currently been granted for a limited number of sites.
Only healthy animals are being permitted entry into the market, the market administrator said.
No truth in reports, says company
The company stated that as a result of the damage to its facilities in the UAE, it was forced to suspend billing operations in the country.
It set aside the IHC’s decision against Section 4C, ruling that parliament has full authority to impose taxes on income under the ordinance.
According to the CCP, approval was granted to M/s PIA Equity Limited under the Competition Act 2010 following a Phase-I competition review.
The U.S. benchmark, WTI Crude, topped the $103 per barrel mark again, rising by 3.48% to $103.40 a barrel.
A day earlier, gold had already recorded a sharp fall, with the per tola price declining by Rs8,900
Founded in 1960, OPEC currently comprises 12 members:
"This decision aligns with the UAE’s long-term strategic and economic vision"
Silver prices also moved lower in the local market
Senator Kamil Ali Agha told officials from the Power Division not to refer to users as “consumers,” but instead to call them “goats” (implying they are being exploited).
The ongoing geopolitical situation has created instability in global fuel markets, further accelerating the transition towards alternative energy solutions.
Silver prices also increased
The move follows directions of Federal Minister for Power Awais Leghari
