Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

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ECNEC approves projects worth Rs265bn

December 23, 2021: Executive Committee of the National Economic Council (ECNEC) approved projects worth Rs265 billion, said a press release issued on Wednesday. ECNEC considered and approved revised project for Construction of Hyderabad –Sukkur

Ufone launches roaming data facility in UAE, KSA

December 22, 2021: Pakistani telecom company, Ufone has introduced economical roaming data gift facility for Ufone users in United Arab Emirates (UAE) and the Kingdom of Saudi Arabia (KSA). Going forward, Ufone customers

Imports from China expand by 64% YoY in Nov

December 22, 2021 (MLN): Among Pakistan’s top trading partners, China remained the top source of imports for Pakistan during November 2021, followed by United Arab Emirates (UAE), Saudi Arabia, Singapore, and then the

With arrival of Intel, Europe to gain advanced chips

December 22, 2021: Europe will soon produce a strategically vital component in the modern global economy as US semiconductor giant Intel chooses the site for a new cutting-edge chip factory, as reported by

European stocks open on mixed note

December 22, 2021: European equities opened mixed on Wednesday, with London dampened by news of a sharper-than-expected economic slowdown in the third quarter. The British capital's benchmark FTSE 100 index of major blue-chip

IRSA releases 62,387 cusecs water

December 22, 2021: Indus River System Authority (IRSA) on Wednesday released 62,387 cusecs water from various rim stations with an inflow of 38,744 cusecs. According to the data released by IRSA, water level

ADB, Pakistan sign $1.54bn loan deal

December 22, 2021: The government of Pakistan and the Asian Development Bank (ADB) on Wednesday signed a $1.54 billion loan and grant agreement to improve energy, transport, irrigation, and urban sectors in Pakistan,

Pakistan focusing on geo-economics: FM

December 22, 2021: Pakistan is focusing on geo-economics to implement its economic vision and for this purpose the promotion of regional connectivity was imperative, Minister for Foreign Affairs Shah Mahmood Qureshi said while speaking as

SAAF to be a game changer: Reza Baqir

December 22, 2021: SBP Aasan Finance Scheme (SAAF) will be a game-changer in enhancing access to finance to SMEs as it addresses the long outstanding challenge of lack of collateral faced by SMEs,

IRSA releases 274,900 cusecs water

Jun 22, 2021: Indus River System Authority (IRSA) on Tuesday released 274,900 cusecs water from various rim stations with an inflow of 226,500 cusecs. According to the data released by IRSA, the water level in

Banking sector spread decrease marginally in May

June 21, 2021 (MLN): The Banking sector spread for May 2021 slightly contracted by 2 basis points (bps) over the month which brings its latest value to 4.44% as compared to prior month's spread of

CCI approves National Electricity Policy

June 21, 2021 (MLN): The Council of Common Interests has unanimously passed National Electricity Policy, Minister for Energy, Hammad Azhar informed on Monday. In his Tweet, he said that this policy is focused on power

Cellphone imports surge by 63.4% to $1.86bn in 11MFY21

June 21, 2021 (MLN): Pakistan’s imports stood at $5.31 billion in the month of May 2021 with major contributions were associated with petroleum products, mobile phones, electrical machinery and plastic materials. According to the data

FATF to decide Pakistan’s fate on June 25

June 21, 2021 (MLN): The Financial Action Task Force (FATF),  the global anti-money laundering watchdog is set to hold its virtual Plenary later this week on June 25, a press release said on Monday. The

Food exports decline by 24% YoY in May’21

June 21, 2021 (MLN): The trade value of food exports from the country in May’21 stood at around $243million, showing a decline of 24.49% YoY from $321.4mn in May 2020. Similarly, on MoM basis, the group