Despite major developments in Pakistan’s digital payments infrastructure, only 151,000 retailers out of over 5 million Micro, Small, and Medium… Read More
Iran Set to Shut Down Strait of Hormuz, Red Sea
Iran is set to completely close off the strategically critical maritime chokepoint famously known as the Strait of Hormuz after… Read More
Iran, Europe Could Ban Pakistani Mango Exports Over Alleged Certification Fraud
Pakistan’s mango exports are facing renewed scrutiny following serious allegations of non-compliance with international phytosanitary protocols, raising the risk of… Read More
Govt Orders Oil Firms to Maintain 20-Day Fuel Reserve As US Enters War Against Iran
In light of escalating regional tensions, the Oil & Gas Regulatory Authority (OGRA) has issued an emergency directive to all… Read More
Adamjee Insurance to Offload 6.5% Stake in Subsidiary
Adamjee Insurance Company Limited (PSX: AICL) has announced plans to offload 16.25 million shares, equivalent to 6.5 percent of its… Read More
Lt. General Sajjad Ghani (Retd) Resigns as WAPDA Chairman
Water and Power Development Authority (WAPDA) Chairman Lt. General Sajjad Ghani (retd) tendered resignation from his position on Friday, citing… Read More
New Balochistan Assembly Building to be Constructed at Cost of Rs. 9.5 Billion
The Central Development Working Party (CDWP), in a meeting chaired by the Planning Minister Ahsan Iqbal, approved 5 different development… Read More
Gold Rate in Pakistan Falls for 5th Time in 5 Days
The price of 24 karat gold decreased by Rs. 1,595 per tola and was traded at Rs. 357,000 on Friday… Read More
Lucky Cement Confirms ‘Unidentified Object’ Hit its Plant in Iraq
Lucky Cement Limited (PSX: LUCK) Friday confirmed that its cement plant in Iraq was hit by an unidentified flying object.… Read More
PTA Raids Shop Selling IMEI-Tampered Smartphones in Hyderabad
In a continued effort to protect the integrity of Pakistan’s telecom infrastructure, the Pakistan Telecommunication Authority (PTA), in close coordination… Read More
PM Orders Expansion of PNSC Fleet to Save $4 Billion in Maritime Trade Costs
Prime Minister Shehbaz Sharif on Friday directed the relevant authorities to prepare a business plan for Pakistan National Shipping Corporation… Read More
Rupee Hits 391 Against British Pound in Open Market
The Pakistani rupee (PKR) closed in red 8th day in a row against the US Dollar (USD) and declined further… Read More
