NEW YORK: Oil prices retreated Friday after a brief spike that pushed New York crude above 70 dollars per barrel for the first time in seven months, b

ISLAMABAD: Pakistan and Islamic Development Bank (IDB) will sign $140 million investment pact for Neelum-Jhelum power project tomorrow. Sources of Economic Affairs Ministry told Geo News that IDB executive board meeting would finalise the Memorandum of Understanding (MOU) tomorrow.Pakistani ambassador will sing the MOU in Turkmenistan’s city Ashkabad. The executive board of IDB will review the proposal to provide Pakistan $ one billion during next three years