News & Updates

Pakistan Nears Launch of 5G as Spectrum Auction Set for Approval

Pakistan is approaching the introduction of 5G technology, with the federal cabinet expected to approve the 5G spectrum...

What Happens to PIA Hotels in New York and Paris After Privatization

Adviser to the Prime Minister on Privatization Muhammad Ali has clarified that Pakistan International Airlines’ hotels i...

Govt to Distribute Seized Solar Panels in Designated Cities

Prime Minister Shehbaz Sharif has instructed the Federal Board of Revenue (FBR), Power Division, and the government of G...

DIB Pakistan Announces ‘Monumental’ Expansion: 75 New Branches to Drive National Financial Prosperity

DIB Pakistan has commenced an ambitious branch expansion project, beginning with 75 new branches across the country, mar...

Gold Breaks $4,500 for First Time on Rate-Cut

Gold surged past the $4,500-an-ounce mark for the first time on Wednesday, extending a powerful rally across precious me...

Pakistan Received $3.01 Billion Foreign Loans in First 5 Months of FY26

Pakistan received $3.01 billion in external loans in the first five months of the current fiscal year. Data from the Min...

Customs Agents Seize Hashish Worth Rs. 272 Million in Balochistan

Revenue agents stopped the smuggling of a drug worth over Rs. 270 million in Balochistan today. Customs Enforcement, Gad...

CDA Sells Plots Worth Nearly Rs. 15 Billion in First 2 Days of Auction

The Capital Development Authority (CDA) held the second day of its auction for residential and commercial plots in Islam...

PIA Sold: Arif Habib Consortium Makes Highest Bid to Become New Airline Owner

The Arif Habib consortium has secured a 75 percent stake in Pakistan International Airlines Corporation Ltd (PIAC) with...

PIA Sold: Arif Habib Consortium Makes Highest Bid to Become New Airline Owner

The Pakistan International Airlines (PIA) has been sold for Rs. 135 billion to Arif Habib Consortium. The process of ope...

Rupee Up 65th Day in a Row Against US Dollar, Falls Against Most Currencies

The Pakistani rupee (PKR) closed in green against the US Dollar (USD) for the 65th consecutive day on Tuesday. Meanwhile...

PPL Discovers Gas at LAL X-1 Well in Sindh

Pakistan Petroleum Limited has discovered unconventional gas at its exploratory well LAL X-1 in the Kandhkot Development...

Pakistan Refinery Appoints Zafar Ul Islam Usmani as Interim CEO

Pakistan Refinery Limited has appointed Zafar Ul Islam Usmani as its Interim Managing Director and Chief Executive Offic...

Cabinet Committee on Privatization Approves Reference Price for Sale of PIA

Update: “The opening of bids for the privatization of PIA has been revised. The event will now commence at 4:30 PM. Plea...

Gold Soars to All-Time High in Pakistan

Gold prices in Pakistan climbed on Tuesday, reaching their highest levels ever in both international and local markets....

CDA to Introduce Electric Carts and Valet Service at Blue Area Food Street

The Capital Development Authority has decided to introduce electric carts and valet parking services at the new food str...

5G Launch Announced: Govt Moves Toward 600 MHz Spectrum Auction

Finance Minister Muhammad Aurangzeb and Minister for Information Technology Shaza Fatima addressed a joint press confere...

Kohinoor Mills Begins Commercial Production at Apparel Division

Kohinoor Mills Limited has commenced commercial production at its Apparel Division, the company disclosed to the Pakista...

Unity Foods Appoints Amir Shehzad as New CEO

Unity Foods Limited has announced a leadership transition, with the company appointing its chairman, Amir Shehzad, as Ch...

Gold, Silver, and Platinum Hit New Highs as US-Venezuela Tensions Escalate

Gold surged to a fresh record on Tuesday, coming close to breaching the $4,500-per-ounce mark as escalating US-Venezuela...

First Phase of PIA Privatization Complete as 3 Bidders Enter Race