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Pakistan and UAE to Collaborate on Key Mineral Projects

Pakistan is set to offer five promising mineral projects to the United Arab Emirates (UAE) for investment and development, marking a significant step towards strengthening economic ties between the two nations. The collaboration will be formalized through an agreement aimed at tapping into Pakistan’s rich mineral resources. Key Projects Identified The five selected projects are located in mineral-rich regions of …

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Oil Prices Decline Amid Rising US Crude Inventories and Easing Middle East Tensions

Oil prices saw a slight decline on Wednesday after an unexpected rise in US crude inventories and a reduction in concerns over potential disruptions in the Middle East. Market Movement Brent Crude Futures: Fell by 41 cents (0.5%), reaching $80.28 per barrel by 1436 GMT. US West Texas Intermediate (WTI) Crude Futures: Dropped by 55 cents (0.7%), settling at $77.77 …

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SBP Governor Highlights Improved Economic Outlook and Strategic Initiatives

State Bank of Pakistan (SBP) Governor Jameel Ahmad has expressed optimism about the country’s economic outlook, attributing the positive shift to effective measures implemented by the government and central bank. His message, delivered by Executive Director Muhammad Haroon Rasheed during Independence Day celebrations at the SBP, outlined significant improvements in macroeconomic indicators. Decline in Inflation and Reduction in Current Account …

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