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Road transport payments and mobility platform specialist Eurowag has exercised its call option to acquire an additional 18.01% stake in JITpay, it announced on Tuesday.

Business February 21, 2021 KARACHI: Pakistan imported $2.1 billion worth of iron, steel and scrap during the first seven months of the current fiscal year, depicting 18 percent year on year growth mainly due to fast recovery in demand after lifting of lockdown, analysts said. The country imported $1.8 billion of iron, steel and scraps during the corresponding period a year earlier, according to the Pakistan Bureau of Statistics. Analyst Ahmed Rauf at Sherman Securities said restrictions on movement between February and June 2020 due to COVID-19 led to sharp declines in steel and scrap invent...

Exports surge 18pc in Dec with economic wheel on fire Business January 2, 2021 ISLAMABAD: Pakistan’s export sector posted a strong 18 percent growth in December, firming up on the path of robust recovery with the business-as-usual well ingrained in the government’s policy, commerce adviser said on Friday. Sharing provisional trade data on twitter, Adviser to Prime Minister for Commerce and Investment Razak Dawood said exports for December have grown 18.3 percent year-on-year or $364 million to $2.357 billion. “This is the highest export ever in the month of December,” said Dawood. �...