Federal Minister for Petroleum Ali Pervez Malik said on Tuesday that the government is fully aware of the current Middle East situation and its implications. “We’re taking measures to address the situation,” he said while speaking on Aaj News programme ‘News Insight with Aamir Zia’. Ali Pervez Malik emphasised that the duration of the conflict is uncertain, and Pakistan will need assistance fro
Allied Bank has achieved a major milestone in customer centric innovation by becoming the first bank in Pakistan to deploy an AI powered humanoid robot, “Pepper.” This initiative reflects Allied Bank’s commitment to enhancing in-branch experiences through smarter, more engaging, and digitally enabled customer interactions. Pepper will support customers by addressing common queries, guiding them
Gold prices rose over 1% on Wednesday, rebounding from a more than one-week low hit in the previous session, as escalating US-Israeli air strikes against Iran and heightened geopolitical uncertainty supported safe-haven demand. Spot gold gained 1.6% to $5,168.69 per ounce as of 0249 GMT. US gold futures for April delivery added 1.1% to $5,178.40. On Tuesday, bullion fell more than 4% to
Gold prices rose over 1% on Wednesday, rebounding from a more than one-week low hit in the previous session, as escalating US-Israeli air strikes against Iran and heightened geopolitical uncertainty supported safe-haven demand. Spot gold gained 1.6% to $5,168.69 per ounce as of 0249 GMT. US gold futures for April delivery added 1.1% to $5,178.40. On Tuesday, bullion fell more than 4% to
Oil prices rose more than $1 on Wednesday as the US-Israeli war on Iran disrupted Middle East output and halted exports from the region. Brent rose $1.11, or 1.4%, to $82.53 a barrel, after closing at its highest since January 2025 on Tuesday. US West Texas Intermediate crude rose 79 cents, or 1.1%, to $75.37, after settling at its highest since June. Israeli and US forces struck targets a