Ambassador of the United Arab Emirates H.E. Hammad Obaid Ibrahim Salem Al-Zaabi said that Pakistan and the UAE are at the final stage of signing a Comprehensive Economic Partnership Agreement (CEPA), which would significantly boost bilateral trade and remove business obstacles between the two countries. He said the current trade volume of around 8 to 10 billion dollars does not reflect the true
The Federal Board of Revenue (FBR) has integrated 11,141 big retailers into the Point of Sales (POS) system up to February 2026 to document transactions of Tier-I retailers, especially hotels/restaurants. In December 2025, the total number of registered retailers stood at 10,858. This means that a total of 283 retailers were registered during the last two months. According to the list of ret
Pak Suzuki Motor Company (PSMC) has successfully exported its first shipment of Ecstar engine oil to Oman, becoming the first Original Equipment Manufacturer (OEM) in Pakistan to achieve this milestone. According to an official announcement made by the PSMC, the Ecstar is a globally trusted engine oil brand, renowned for its high performance automotive, motorcycle, and outboard engine oils. Pak
Gold and silver prices rose on Wednesday as US Treasury bond yields fell after data showed December retail sales growth stalled, signalling a softening economy ahead of key jobs data. Lower US yields reduce the opportunity cost of holding non-yielding assets such as gold, and they often accompany macroeconomic shifts, like expectations of slower growth or looser policy, that tend to support pre
Oil prices gained on Wednesday, buoyed by escalating risk as US–Iran talks remained tenuous, while signs of an easing surplus spurred by better demand support from India also added strength. Brent crude oil futures were up 55 cents, or 0.80%, at $69.35 a barrel by 0356 GMT. US West Texas Intermediate crude rose 57 cents, or 0.89%, to $64.53. “Oil retains a bullish tail-risk bid as US-Iran ta