The merger deal between telecom companies Telenor and Ufone is in its final stages, with authorities stating that the merger… Read More
Gold Prices Fall in Pakistan
Gold prices in Pakistan saw a decline on Friday, mirroring losses in the international market. In the local market, the… Read More
Pakistan to Repay $500 Million Eurobond by September’s End
Pakistan has made arrangements for the timely payment of a $500 million Eurobond, which is due for payment by September… Read More
PM Shehbaz-Led Delegation to Spend $300,000 on Hotel Stays in New York
Arrangements are underway for Prime Minister Shehbaz Sharif and his delegation ahead of their visit to the United Nations General… Read More
Artistic Milliners Acquires Majority Stake in Cone Denim, Forms New Global Entity
Artistic Milliners, a Pakistan-based global leader in denim manufacturing, has acquired a majority stake in Cone Denim from Elevate Textiles,… Read More
OGDCL Starts Production from Soghri North Well-1 in Attock
Oil and Gas Development Company Limited (OGDCL) has commenced production from the Soghri North Well-1 in the Soghri Block, Attock… Read More
Only a Miracle Can Cut Rising Capacity Charges: NEPRA
The National Electric Power Regulatory Authority (NEPRA) has raised serious concerns over the country’s rising capacity charges, terming them a… Read More
Siemens Pakistan to Discontinue Motor Repairs Business
Siemens Pakistan announced on Thursday that its Board of Directors has approved the discontinuation of the company’s motor repairs business,… Read More
Foreign Direct Investment in Pakistan Down by 22% in First Two Months of FY26
Pakistan’s net foreign direct investment (FDI) fell 22% year-on-year to $364.3 million during the first two months of the current… Read More
Pakistan to Shift All Federal and Provincial Payments to Digital by June 2026
The National Assembly’s Standing Committee on Finance, chaired by Syed Naveed Qamar, received a detailed briefing from State Bank officials… Read More
SBP’s Foreign Exchange Reserves Rise by $21 Million
Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $21 million in the week ending September… Read More
Virtual Assets Regulator Becomes Operational as FBR Officials Join Oversight Role
The government has operationalized the Pakistan Virtual Assets Regulatory Authority (PVARA), with officials from the Federal Board of Revenue (FBR)… Read More
