Norway, Ireland and Spain announced on Wednesday that they will recognise a Palestinian state, prompting Israel to immediately recall its envoys.

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#Palestine

Pakistan Aluminum Beverage Cans Limited (PABC) said that “ongoing security issues” at Chaman, which has already strangled trade with Afghanistan, may negatively impact the company’s revenue from exports to the neighboring country.

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#PABC

Israel walked back its decision to shut down an Associated Press live video feed of war-torn Gaza on Tuesday, following a protest from the US news agency and concern from the White House.

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#Gaza #AP

The Inter-Services Public Relations (ISPR) announced on Wednesday that 29 terrorists have been successfully neutralized by the security forces in past one month.

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#ISPR

Gold fell for second straight session in Pakistan on Wednesday, witnessing a decrease of Rs300 per tola in line with some ease in the international rate. In the local market, gold price per tola stood at Rs248,200.

Read more: brecorder.com/news/40304687/…

#Gold #Gold Price

Dubai’s appeal as the preferred destination for Pakistan’s software companies has a lot to do with the streamlined payment process, favourable business environment, and better enforcement of contracts among a number of other reasons.

Read more: brecorder.com/news/40304540/…

#Dubai

Chinese firms have expressed keen interest in collaborating with Pakistan Refinery Limited (PRL) on its Refinery Expansion & Upgrade Project (REUP).

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#PRL

In 2019 when I was the Chairman of Federal Board of Revenue (FBR) I asked my Director General International Taxation to collect the data of persons holding ‘Iqamas’ of the United Arab Emirates so we can ensure their tax compliance in Pakistan.

brecorder.com/news/40304577/…

Deputy Prime Minister and Foreign Minister Ishaq Dar announced on Wednesday that he had constituted an inquiry committee to investigate the mob attacks on Pakistani students in Kyrgyzstan last week.

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#Kyrgyzstan #IshaqDar #brecordernews

SSGC cracks down on gas theft! Over 2,840 illegal connections removed in Karachi, Nawabshah, Larkana, and Quetta. A major raid in Karachi's Gulshan-e-Zia targeted residents stealing gas by extending existing lines.

brecorder.com/news/40304634/…

#SSGC #gasconnection #brecordernews

Oil prices fell for a third straight session on Wednesday on expectations the Federal Reserve might keep US interest rates higher for longer due to sustained inflation, potentially impacting fuel use in the world’s largest oil consumer.

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#oilprices

Israeli forces thrust deeper into Jabalia in northern Gaza on Tuesday, striking a hospital and destroying residential areas with tank and air bombardments, residents said, while Israeli airstrikes killed at least five people in Rafah in the south.

brecorder.com/news/40304667/…

#Rafah

Tens of thousands of Iranians flocked to the streets of Tehran Wednesday to join the funeral processions of president Ebrahim Raisi and his entourage, who died in a helicopter crash on Sunday.

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#EbrahimRaisi #helicoptercrash #Iran

Business leader Zahid Hussain criticizes rising electricity prices, saying it widens the gap between the government and the people.

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#electricityprices #brecordernews

The Pakistani rupee was largely unchanged against the US dollar, depreciating 0.01% during the opening hours of trading in the inter-bank market on Wednesday.

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#intradaytrading #Rupee #Dollar #PakistanEconomy #brecordernews

PAK-USA Business Council of FPCCI has set two-year roadmap to promote the investment, bilateral trade and economic ties between both countries.

brecorder.com/news/40304622/…

#brecordernews

Pakistan Business Forum urges tax reform: simplify the system, reduce complexity, and automate processes. They also advocate for rationalized rates and eliminating exemptions to create a fairer system.

brecorder.com/news/40304623/…

#tax #PakistanEconomy #brecordernews

Prime Minister Shehbaz Sharif has directed that practical steps should be taken on priority basis to increase IT exports.

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#ITExports #Pakistan #brecordernews

The Securities and Exchange Commission of Pakistan (SECP) held a workshop here to explore areas of potential collaboration in capital markets between Pakistan and China.

brecorder.com/news/40304633/…

#Pakistan #China #brecordernews

Dubai’s appeal as the preferred destination for Pakistan’s software companies has a lot to do with the streamlined payment process, favourable business environment, and better enforcement of contracts among a number of other reasons.

brecorder.com/news/40304540/…

#brecordernews