Ismail Dilawar

Pakistan received only one final bid to buy a majority stake in the national flag carrier Pakistan International Airlines Corp., a significant sale for the country that has failed multiple times in the past.

Pakistan received only one final bid to buy a majority stake in the national flag carrier Pakistan International Airlines Corp. , a significant sale for the country that has failed multiple times in the past.

Pakistan cut its benchmark interest rate for a fourth straight meeting as policymakers look to support the nation’s crisis-ridden economy.

Pakistan cut its benchmark interest rate to the lowest in two years as policymakers look to support the nation’s crisis-ridden economy.

A security guard shot and injured two Chinese nationals at a textile factory in Pakistan's commercial hub of Karachi, an attack that is not linked to militancy according to initial probe, a police spokesman said.

Pakistan’s stocks are expected to advance by more than a quarter by the end of next year as the nation’s economy shows improvement under loan program with the International Monetary Fund and the currency stabilizes, according to two brokerage houses.

A Pakistani court granted bail to former Prime Minister Imran Khan in a case where he is accused of hiding his income he made by selling state gifts when he was in power, his political party said.

A Pakistani court granted bail to former Prime Minister Imran Khan in a case where he is accused of hiding his income he made by selling state gifts when he was in power, his political party said.

(Bloomberg) -- A Pakistani court granted bail to former Prime Minister Imran Khan in a case where he is accused of hiding income but he won't be freed from jail as he is under arrest in other cases.

By Ismail Dilawar Bloomberg • November 20, 2024 Former Prime Minister Imran Khan. (Betsy Joles/Bloomberg)