Tue, 21-Oct-2025

President Arif Alvi approves Finance Bill

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President Dr Arif Alvi on Saturday approved the Finance (Supplementary) Bill 2022 under article 75 of the Constitution. The bill, generally known as ‘mini-budget’ and drew ire of the opposition, was passed in the National Assembly (NA) on January 13. صدر مملکت ڈاکٹر عارف علوی نے آئین کے آرٹیکل 75 کے تحت فنانس (سپلیمنٹری) بل، … Read more

KP Cabinet approves first-ever provincial food security policy

PESHAWAR: The Khyber-Pakhtunkhwa Cabinet has approved the first-ever food security policy and plan for a period of 10 years with a huge financial allocation of Rs236 billion. KP Chief Minister Mahmood Khan will review the implementation status of the project on a monthly basis. The approval was accorded during a cabinet meeting held with Khyber-Pakhtunkhwa … Read more

Qatar Central Bank approves $50 billion merger

RIYADH: The Qatar Central Bank (QCB) has approved the $50 billion merger between Masraf Al Rayan and Al Khaligi Bank, Arab News reported. The merged entity will be the second largest Islamic banking entity in Qatar, CNBC Arabia reported. QCB clarified that the former would legally replace the latter in all its rights and obligations towards third parties.

Thar Block II expansion set to become cheapest fuel source for Pakistan

KARACHI: The Sindh Engro Coal Mining Company (SECMC) board has approved the expansion of its Thar Coal Block II mine to 12.2 million tonnes/annum (Phase III), a statement said. With this expansion, coal price of SECMC mine will reduce to $27/tonne, it added. SECMC is expected to complete this expansion by June 2023. At a … Read more

Exemption of marking fee for SMEs approved

ISLAMABAD: Federal Minister for Science and Technology Syed Shibli Faraz has approved the exemption of marking fee for the Small and Medium Enterprises (SMEs) of business turnover up to Rs50 million. In accordance with the vision and directives of Prime Minister Imran Khan, the Ministry of Science and Technology is keen to take all steps … Read more