The Karachi IT Park project has suffered another setback after its second tender failed to attract any bidders, prompting the… Read More
Second Round of IMF Review Begins With Virtual Talks From Türkiye
Pakistan and the International Monetary Fund have begun the second round of review negotiations under the Extended Fund Facility programme,… Read More
Used Car Imports Cost Pakistan Auto Industry Rs. 60 Billion, 40,000 Jobs in FY25: CCP
Imported used vehicles inflicted an estimated Rs. 60 billion loss on Pakistan’s domestic auto industry in FY25 and displaced more… Read More
Pakistan’s Trade Deficit Worsens By 25% in 8 Months
Pakistan’s trade deficit widened 25% to $25.042 billion in the first eight months of FY26, as exports fell sharply and… Read More
United Distributors Pakistan Appoints Asad Abdulla as CEO
United Distributors Pakistan Limited has appointed Asad Abdulla as its Chief Executive Officer, effective February 27, 2026. The appointment was… Read More
Engro Fertilizers CEO Ali Rathore Resigns
Engro Fertilizers Limited has announced that its Chief Executive Officer, Ali Rathore, has resigned from his position, with the company… Read More
Govt Forms High-Level Committee to Monitor Oil Prices Amid Middle East Tensions
In response to rising concerns over global oil prices following recent attacks by the U.S. and Israel on Iran, the… Read More
ARY Gets Closer to Acquiring Nukta as Deal Nears Final Stage
The ARY Group is nearing the acquisition of Nukta, the digital media platform founded by senior journalist Kamran Khan, with… Read More
Bestway Cement Enters Pakistan’s Auto Market Following CCP Clearance
The Competition Commission of Pakistan (CCP) has approved the acquisition of Al-Haj Automotive (Private) Limited by Bestway Automotive (Private) Limited,… Read More
Banks to Observe Normal Working Hours on Saturday for Tax Collection
The Federal Board of Revenue (FBR) has announced that all major tax offices across the country will remain open on… Read More
Tax Authorities Can Raid Without Notice or Case: Federal Constitutional Court
The Federal Constitutional Court ( FCC) has ruled that tax authorities can carry out raids and searches under Section 175… Read More
KAPCO Confirms Leadership Change Following CEO Resignation
Kot Addu Power Company Limited (KAPCO) has announced that Chief Executive Officer Shahab Qader Khan is stepping down from his… Read More
