Reverse sub-contracting: FBR resisting relief to NSCL
ISLAMABAD: Federal Board of Revenue (FBR) is reportedly resisting any relief to National Steel Complex Limited (NSCL) in reverse sub-contracting due to which the firm has not been able to…
Nepra to hold public hearing today: KCCI opposes KE’s Rs59bn EOTA claims for FY2017-23
ISLAMABAD: The Karachi Chamber of Commerce and Industry (KCCI) has opposed, in its entirety, K-Electric’s (KE) End of Term Adjustment (EOTA) claims of about Rs59 billion filed under its Multi-Year…
Dubai Holding unit becomes Emaar’s largest shareholder
DUBAI: Emaar Properties said on Monday that the Investment Corporation of Dubai, the government’s main investment arm, had transferred its entire shareholding in the company to Emirates Power Investment LLC,…
Customs values of fire alarm systems, parts revised
ISLAMABAD: The Directorate General of Customs Valuation, Karachi, has fixed new customs values of fire alarm systems and their parts. The directorate has divided fire alarm systems and their parts…
Shepherd sacrifices life, averting suicide attack in Attock
ATTOCK: A shepherd laid down his life while averting a suicide attack on the Mankor security post in Attock’s Jand area on Monday, potentially saving dozens of lives, District Police…
Zelenskiy holds call with UAE counterpart
KYIV: President Volodymyr Zelenskiy on Monday discussed with the United Arab Emirates President Sheikh Mohammed bin Zayed Al Nahyan UAE’s assistance in bringing Ukrainians back from Russian captivity and the…
Copper touches 3-month peak on supply concerns, technical break
LONDON: Copper prices advanced to their highest in more than three months on Monday, as worries about supply shortages outweighed concerns about lower demand due to the stalemate in the…
Trump says will discuss US arms sales to Taiwan with China’s Xi
WASHINGTON: President Donald Trump said Monday he will speak to Chinese counterpart Xi Jinping about future US arms sales to Taiwan as he predicted Beijing will not seize the self-governing…
India’s Modi to launch multi-nation tour amid global unrest
Indian Prime Minister Narendra Modi will embark this week on a multi-nation tour to the United Arab Emirates and four European countries, officials said on Monday. Modi will start his…
Trump rejects Iran’s counteroffer to end war, insists on ‘complete victory’
President Donald Trump on Monday said the ceasefire in the Middle East war was on “life support,” rejecting Iran’s latest counteroffer, which it said had included demands for the release…