News & Updates

2024-12-24 00:00:00
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Elon Musk’s Starlink Has Applied for License to Operate in Pakistan: IT Minister

State Minister for Information Technology and Telecommunication, Shaza Fatima Khawaja, informed the...
2024-12-24 00:00:00
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Finance Ministry Backs Big Market Revamp By Adding More PSX Stocks to MSCI Index

Khurram Schehzad, Advisor to Finance Minister, was invited to the Pakistan Stock Exchange (PSX) by C...
2024-12-24 00:00:00
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Cabinet Fails to Approve Phase-II of Rightsizing After Ministers Reject Key Recommendations

The federal cabinet under the leadership of Prime Minister Shahbaz Sharif failed to approve Phase-II...
2024-12-24 00:00:00
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Pakistan Railways Starts Manufacturing Green Line-Style Trains for Lahore-Karachi Route

Pakistan Railways has begun manufacturing new coaches locally using the latest technology to improve...
2024-12-24 00:00:00
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Engro Fertilizers Limited Resumes Production At EnVen Plant

Engro Fertilizers Limited (PSX: EFERT has resumed operations today at its EnVen Plant, the company i...
2024-12-24 00:00:00
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FBR Eyes Increasing Tax on Bank Profits to Avoid Rs. 550 Billion Shortfall

The Federal Board of Revenue (FBR) is considering a proposal to increase taxes on bank profits to av...
2024-12-24 00:00:00
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Kuwaiti Petroleum Exploration Firm Exits Pakistan

Kuwait Foreign Petroleum Exploration Company (KUFPEC) is exiting Pakistan’s oil and gas sector by se...
2024-12-24 00:00:00
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Pakistani Workers Can No Longer Enter UAE Without This Document

Travel agents have been informed that Pakistanis seeking employment in the UAE can no longer enter t...
2024-12-24 00:00:00
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Adhoc Relief Funds Cannot Be Used Anywhere Else: Finance Ministry

The Finance Division has reiterated that funds allocated for Adhoc Relief Allowance (ARA) 2024 canno...
2024-12-24 00:00:00
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Pakistan Borrowed 38% Fewer Loans in 5 Months of FY25 Than Last Year

Pakistan borrowed $2.667 billion from multiple financing sources during the first five months (July-...
2024-12-24 00:00:00
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PPL Partner Operated JV Discovers Gas Reserves in Sindh

Kotri North Joint Venture comprising United Energy Pakistan Limited (Operator with 50% working inter...
2024-12-24 00:00:00
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OGDC Resumes Hydrocarbon Production After Reviving Dars Well in Sindh

Oil & Gas Development Company Limited (OGDCL) has announced the successful revival of Dars West-2 We...
2024-12-24 00:00:00
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Thatta Cement Acquires 26% Additional Stake in its Power Subsidiary

Thatta Cement Company Limited (PSX: THCCL) has acquired a 26 percent additional stake in Thatta Powe...
2024-12-24 00:00:00
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Fauji Fertilizer to Issue 150.87 Million Shares to FFBL Shareholders 

Fauji Fertilizer Company Limited (PSX: FFC) Tuesday announced that its Board of Directors has approv...
2024-12-24 00:00:00
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Rupee Ends Losing Streak Against US Dollar, Euro, British Pound, AUD

The Pakistani rupee (PKR) closed in green against the US Dollar (USD) today after opening trade at 2...
2024-12-24 00:00:00
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Donald Trump’s Envoy for Special Missions Asks Elon Musk to Bring Starlink to Pakistan

US President-elect Donald Trump’s pick for presidential envoy for special missions Richard Grenell h...
2024-12-24 00:00:00
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Profit-Taking Returns to PSX as KSE-100 Index Falls by Over 1,500 Points

A day after the record 4,411 points gain, the benchmark KSE-100 Index of the Pakistan Stock Exchange...
2024-12-24 00:00:00
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Senate Panel Concerned Over Lack of Accountability, Delay in Foreign Funded Power Projects

The Senate Standing Committee on Economic Affairs, expressing serious concerns over lack of accounta...
2024-12-24 00:00:00
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FBR Chairman Expects Tax-to-GDP Ratio to Hit 13% in Next 5 Years 

The Senate Standing Committee on Finance and Revenue, chaired by Senator Saleem Mandviwalla, convene...
2024-12-23 00:00:00
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Senate Committee to Consider Bill Proposing Strict Restrictions on Non-Filers Tomorrow

The Senate Standing Committee on Finance and Revenue is scheduled to meet on Tuesday to consider the...

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