The Competition Commission of Pakistan (CCP) has conducted raids on three entities linked to the out-of-home (OOH) media advertising market… Read More
Unfavorable Market Conditions Force Ashfaq Textile Mills to Shut 85 Looms
Ashfaq Textile Mills Ltd. has announced the suspension of operations for 85 out of its 243 Sulzer looms at its… Read More
Pakistan Receives Loan Tranche of $1.2 Billion From IMF
The State Bank of Pakistan (SBP) has received approximately US$1.2 billion from the International Monetary Fund (IMF) following the IMF… Read More
US Approves $686 Million F-16 Upgrade Package for Pakistan
The United States has approved a $686 million sale of advanced technology and support for Pakistan’s F-16 fighter jet fleet,… Read More
OGDCL Receives Rs. 41.8 Billion from Uch Power as Part of Circular Debt Settlement
Oil & Gas Development Company Limited (OGDCL) has announced the receipt of Rs. 41.8 billion from Uch Power (Private) Limited,… Read More
Systems Limited to Acquire Confiz Pakistan in Major Amalgamation Deal
Systems Limited has announced that its Board of Directors has approved the acquisition of Confiz Pakistan (Private) Limited and all… Read More
Pakistan Completes Record Rs. 659.6 Billion Settlement of Power Sector Debts
Pakistan has completed a historic Rs. 659.6 billion settlement of Power Holding Limited (PHL) debts, marking the largest-ever transaction in… Read More
Are Banks Secretly Enforcing Abaya Rules on Female Staff?
The Senate Standing Committee on Finance and Revenue reviewed dress code complaints in commercial banks after Senator Zarqa Suharwardy Taimur… Read More
FBR Defends Rs. 150,000 Tax on iPhones
The National Assembly’s Standing Committee on Finance reviewed the tax structure on imported mobile phones after a petition from the… Read More
Rupee Rises 56th Day in a Row Against US Dollar
The Pakistani rupee (PKR) closed in green against the US Dollar (USD) 56th day in a row on Wednesday. Meanwhile,… Read More
Pakistan Needs 5% Annual Growth to Recover 50 Years’ Worth of its Economy: Atif Mian
Pakistan can still unlock major potential if it commits to sustained, disciplined reform, Economist Atif Mian has explained in a… Read More
Bankers Predict 2026 to Be a Record IPO Year at PSX With Up to 16 Listings
Pakistan’s strong stock rally and rising retail activity are driving companies back to the equity market, reported Bloomberg. Bankers say… Read More
