Urgent.News

What's breaking now, across thousands of outlets.

More in Finance & Markets

Weekly inflation rises

ISLAMABAD: Short-term inflation, measured by the Sensitive Price Index (SPI), rose 9.66 per cent year-on-year for the week ending Aug 20, mainly due to higher petrol and diesel prices, according to official data released on Friday. As a result, transportation costs have increased over the past few weeks.

Pakistan has potential to expand role in Islamic finance, says ICCD chief

ISLAMABAD: Pakistan has the potential to expand its share in the global Islamic economy by developing innovative Shariah-compliant financial products, strengthening regulatory frameworks and building professional expertise, said Yousef Hassan Khalawi, Secretary General of the Islamic Chamber of Commerce and Development (ICCD).

More from Friday 21 August →