![Uber to Shut Operation in Pakistan and just continue with the Subsidiary Careem App in Pakistan. Image X. Uber to Shut Operation in Pakistan and just continue with the Subsidiary Careem App in Pakistan. Image X.](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2Fimage-1-21jpg_1714487155709.jpg&w=3840&q=8)
April 30, 2024, 07:25 AM - 2 mins read
Uber, the renowned American transportation giant, has decided to suspend its operations in Pakistan, shifting its focus to its subsidiary brand, Careem.
Read more!['India becoming a superpower, we are begging to avoid bankruptcy': Pakistan leader 'India becoming a superpower, we are begging to avoid bankruptcy': Pakistan leader](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2Fmaulana-fazlur-rehman-1jpg_1714451584385.jpg&w=3840&q=8)
April 29, 2024, 09:33 PM - 3 mins read
"Just compare India and ourselves... both countries got independence on the same day. But today, they (India) are dreaming of becoming a superpower, and we are begging to avoid bankruptcy," he said.
Read more![Recently, in an interactive session with Pakistan’s Prime Minister Shehbaz Sharif, several business leaders urged him to initiate trade talks with India to promote business and commerce, which in response, would greatly benefit the former’s cash-strapped economy. Recently, in an interactive session with Pakistan’s Prime Minister Shehbaz Sharif, several business leaders urged him to initiate trade talks with India to promote business and commerce, which in response, would greatly benefit the former’s cash-strapped economy.](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2Foip-86jpeg_1714030352323.jpeg&w=3840&q=8)
April 25, 2024, 12:32 AM - 3 mins read
While praising Prime Minister’s determination to tackle economic issues, the Karachi’s business community advised him to focus more on bringing political stability to the ‘turn-around’ economy.
Read more![A high-level Pakistani delegation led by Finance Minister Muhammad Aurangzeb is currently visiting Washington to attend the annual spring meetings of the IMF/World Bank. A high-level Pakistani delegation led by Finance Minister Muhammad Aurangzeb is currently visiting Washington to attend the annual spring meetings of the IMF/World Bank.](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2Fimfnai-1jpg_1713596962183.jpg&w=3840&q=8)
April 20, 2024, 12:09 AM - 2 mins read
A high-level Pakistani delegation led by Finance Minister Muhammad Aurangzeb is currently visiting Washington to attend the annual spring meetings of the IMF/World Bank.
Read more![ADB report signals troubling times ahead for Pakistan's economy ADB report signals troubling times ahead for Pakistan's economy](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2Fadbendorses5yearpartnershipstrategyforpakistanjpg_1713062253908.jpg&w=3840&q=8)
April 13, 2024, 07:37 PM - 2 mins read
A report by the ADB has maintained that living cost in Pakistan is the highest in Asia with at least 25% inflation rate and an economic growth pace, expected to grow at a meagre 1.9 %, which is the fourth lowest in the region.
Read more![Saudi Arabia Flag and Pakistan Flag. Saudi Arabia Flag and Pakistan Flag.](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2Fsapaknaijpg_1712755024877.jpg&w=3840&q=8)
April 10, 2024, 06:17 AM - 3 mins read
“Both parties affirmed their commitment to expediting the first wave of investment package worth USD 5 billion which was discussed previously,” the statement read.
Read more![The World Bank has issued a sobering assessment of Pakistan's economic trajectory, projecting a modest growth of 1.8% for the current fiscal year ending in June 2024. The World Bank has issued a sobering assessment of Pakistan's economic trajectory, projecting a modest growth of 1.8% for the current fiscal year ending in June 2024.](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2Fanoverviewofpakistanseconomyjpg_1712138364917.jpg&w=3840&q=8)
April 3, 2024, 02:59 AM - 2 mins read
The report painted a grim picture of Pakistan's economy, indicating that over 10 million more people are at risk of falling into poverty in the cash-strapped nation. Despite a nascent economic recovery, poverty alleviation efforts remain insufficient, with economic growth projected to stagnate at a paltry 1.8%, leaving approximately 98 million Pakistanis struggling with poverty.
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