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Economy

Saudi Arabia Turns to Strait of Hormuz as Pipeline Route Disrupted

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DOHA/ISLAMABAD/TEHRAN (MNN); Saudi Arabia is seeking to increase crude oil exports through the Strait of Hormuz after attacks forced the shutdown of its East-West pipeline, Bloomberg...
Economy

SBP Keeps Policy Rate Unchanged at 11.5% Amid Middle East Tensions

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KARACHI (MNN); The State Bank of Pakistan (SBP) on Monday kept its key policy rate unchanged at 11.5 per cent, with the Monetary Policy...
Economy

PM Shehbaz Announces Rs100-Per-Litre Fuel Relief for Motorcycles, Rickshaws and Small Cars

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ISLAMABAD (MNN); Prime Minister Shehbaz Sharif on Sunday announced a special fuel relief package for motorcycle, rickshaw, Qingqi and small-car users to help ease the...
Economy

Pakistan Clears $200m ADB Loan for Digitalising Revenue Administration Despite Planning Commission Concerns

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ISLAMABAD (MNN); Pakistan has cleared a $200 million (Rs57 billion) loan from the Asian Development Bank (ADB) for digitalising revenue administration, despite significant reservations...
Economy

IMF Mission to Visit Pakistan on September 23 for Key Programme Reviews

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ISLAMABAD (MNN); An International Monetary Fund (IMF) mission is scheduled to arrive in Pakistan on September 23 to conduct a biannual assessment of the country’s...
Economy

Brent Hits Six-Week High Amid Middle East Conflict and Threats to Energy Infrastructure

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TEHRAN/MUSCAT (MNN); Global oil prices remained close to six-week highs and edged towards the $100-a-barrel mark as escalating tensions between the United States and Iran...
Economy

Netherlands-Pakistan Economic Ties Strengthened at High-Level Business Roundtable in Islamabad

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ISLAMABAD (MNN); The Embassy of the Kingdom of the Netherlands in Pakistan organised a high-level Economic Round Table Conference and Networking Reception at the residence...
Economy

Netherlands Moves 86 Tonnes of Gold from US to London Amid Rising Geopolitical Tensions

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HAGUE (MNN); The Netherlands has become the latest European country to move part of its gold reserves out of the United States, with the Dutch...
City News

PSO Dealers Excellence Awards 2026

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KARACHI:MNN Pakistan State Oil (PSO) hosted the PSO Dealers Excellence Awards 2026 ceremony in Karachi, bringing together dealers from across the country along with senior...
Economy

Pakistan, Saudi Arabia Agree to Raise Agricultural and Food Exports to $3 Billion

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ISLAMABAD (MNN); Pakistan and Saudi Arabia have agreed to increase Pakistan’s agricultural and food exports to the Saudi market to $3 billion within the...
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