State Bank of Pakistan (SBP) increased the policy rate by 1% against the market expectations of 0.5%. Experts say that… Read More
Shaheen Air’s International Flight Operations Suspended by Civil Aviation Authority
Civil Aviation Authority (CAA) has suspended Shaheen International’s (SAI) flight operations (except for Saudi Arabia). The CAA has also threatened to… Read More
NAB Arrest 5 People in Oil Scam Worth Rs. 63.6 Billion
National Accountability Bureau (NAB) Karachi has arrested five individuals belonging to different cities of Pakistan for their involvement in petroleum… Read More
Banks and Their Employees to Donate to Diamer Basha and Mohmand Dam Fund
State Bank of Pakistan (SBP) and commercial banks have pledged employees salary as well as organizational donations for the Supreme Court… Read More
Hussain Lawai Removed as Chairman PSX
Securities and Exchange Commission of Pakistan (SECP) has removed Hussain Lawai from the post of Chairman Pakistan Stock Exchange (PSX).… Read More
Shaheen Air Banned from Operating Islamabad-Dubai Flights from This Friday
It seems that the problems of Shaheen Air International (SAI), continue to pile up. Yesterday, the Civil Aviation Authority (CAA)… Read More
Supreme Court Puts 3 Bankers in ECL Over Money Laundering Case
Reportedly, the Federal Investigative Agency (FIA) has unearthed what may be the biggest money laundering case in Pakistan to date.… Read More
Stormy Skies Ahead for Shaheen Air as It Cuts Its Fleet by 6 Aircraft
Pakistan’s aviation industry has faced a major setback as Shaheen Air International (SAI) has decided to reduce its fleet size.… Read More
Reduction in Tariffs for K-Electric Threaten its Takeover by the Chinese
National Electric Power Regulatory Authority (NEPRA) has announced its decision on K Electric’s (KE) multiyear tariff (MYT). The power regulator… Read More
NAB Discovers Nearly a Billion Rupees Worth of Assets at Residence of Adil Omer in Karachi
National Accountability Bureau (NAB) Karachi has recovered nearly a billion Rupees worth of vehicles, prize bonds, property documents and cash… Read More
NAB Approves Enquiry Against Federal and Provincial Departments
NAB Karachi’s board meeting was held yesterday. The meeting was chaired by Director General NAB Karachi Mohammad Altaf Bawany. The… Read More
Sindh Food Authority Shuts Down 2 Nimco Factories
Sindh Food Authority (SFA) has increased its raids against unhygienic food processing units. SFA raided 2 nimco factories, sealing them… Read More