The Universal Service Fund (USF) and Jazz officially signed contracts on Wednesday for four landmark Next Generation-Broadband for Sustainable Development… Read More
Fitch Assigns Recovery Rating for Pakistan, Keeps Debt Outlook At B-
Fitch Ratings has affirmed Pakistan’s long-term debt ratings at ‘B-‘ and assigned a Recovery Rating of ‘RR4’ following the removal… Read More
Two Investors Submit Offer to Take Over Escorts Investment Bank
Kamran Malik and Sheikh Ali Baakza through their manager to the offer AKD Securities Limited have announced their intention to… Read More
Pakistani Rupee Defeats US Dollar 84th Day in a Row
The Pakistani rupee (PKR) closed in green against the US Dollar (USD) for the 84th consecutive day on Wednesday. Meanwhile,… Read More
Pakistan Receives Record $4.5 Billion in Foreign Loans in First 6 Months of FY26
Pakistan’s reliance on external borrowing increased further during the first six months of the current fiscal year, as the country… Read More
Barkat Frisian Agro Invests in JV Vehicle to Develop 2nd Poultry Farm
Barkat Frisian Agro Limited has moved forward with the execution of its previously announced backward integration plan in the poultry… Read More
Gold Price Crosses Rs. 5 Lac Mark for the First Time in Pakistan
Gold prices in Pakistan rose sharply on Wednesday, in line with massive gains in the international market. In the local… Read More
Service Global Footwear to Form JV With Chinese Firm to Make Non-Leather Shoes in Pakistan
Service Global Footwear Limited has announced that its board has approved entering into a joint venture with China-based Golden Star… Read More
Gold Crosses $4,800 for First Time as US-EU Tensions Rise Over Greenland
Gold prices jumped to a record high above $4,800 per ounce on Wednesday, supported by strong safe-haven demand and a… Read More
Haseeb Waqas Sugar Mills Reportedly For Sale
Haseeb Waqas Sugar Mills Limited (PSX: HWQS) is exploring a potential sale after prolonged operational shutdown, governance concerns and financial… Read More
Pakistan’s Mobile Phone Manufacturing Up 12% in December 2025
Local mobile phone companies manufactured/assembled 2.61 million units during December 2025, down 12 percent year-on-year (YoY) compared to 2.95 million… Read More
Adamjee Life Insurance Approves Plan to Expand Into Pension Fund Business
Adamjee Life Assurance Company Limited (PSX: ALIFE) has decided to expand its operations by entering the pension fund management business,… Read More
