News & Updates

News Update

28

Jul 2025

Jul 28, 2025 • 5 min read

These Are The Top Stocks Held by Mutual Funds in Pakistan

Oil & Gas Development Company Limited (PSX: OGDC) is the favorite stock held by mutual funds in Pakistan with 85 mutual...

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News Update

28

Jul 2025

Jul 28, 2025 • 5 min read

Govt May Slightly Decrease Petrol Price After Nearly Rs. 20 Per Liter Increase Since June 1

The federal government has room to cut petrol and diesel prices after multiple increases over the past couple of months,...

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News Update

28

Jul 2025

Jul 28, 2025 • 5 min read

Pakistan, US Vow to Deepen Economic Cooperation Across Key Sectors

Elizabeth Horst, US Chargé d’Affaires in Pakistan, called on Federal Minister for Finance and Revenue Muhammad Aurangzeb...

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News Update

28

Jul 2025

Jul 28, 2025 • 5 min read

Alaska Batteries Opens First Model Shop in Peshawar, Launches Nationwide Expansion Drive

Alaska Batteries has officially launched its first-ever branded Model Shop in Peshawar, marking a bold step forward in t...

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News Update

28

Jul 2025

Jul 28, 2025 • 5 min read

Gold Rate in Pakistan Drops by Over Rs. 8,500 Per Tola in 4-Day Losing Streak

The price of 24 karat gold decreased by Rs. 100 and was traded at Rs. 356,300 on Monday as against its sale at Rs. 356,4...

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News Update

28

Jul 2025

Jul 28, 2025 • 5 min read

Govt Expects Economy to Sustain Recovery in Early FY26

Pakistan’s economy is expected to sustain its recovery in early FY2026, supported by improved macroeconomic fundamentals...

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News Update

28

Jul 2025

Jul 28, 2025 • 5 min read

CCL Holding Submits Offer to Acquire 26.26% Stake in Mitchell’s Fruit Farms

CCL Holding Private Limited has submitted a formal Public Announcement of Offer to acquire up to 6,007,632 ordinary shar...

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News Update

28

Jul 2025

Jul 28, 2025 • 5 min read

Govt Sees Inflation Within 3.5 to 4.5% Range in July

Inflation is expected to remain within the range of 3.5-4.5 percent for July 2025, the Finance Division said in its Mont...

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News Update

28

Jul 2025

Jul 28, 2025 • 5 min read

Rupee Up 4 Days in a Row Against US Dollar As Momentum Grows

The Pakistani rupee (PKR) closed in green 4th day in a row against the US Dollar (USD) and against the British Pound (GB...

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News Update

28

Jul 2025

Jul 28, 2025 • 5 min read

Supernet Subsidiary Signs Reseller Agreement With Arabsat

  Pheonix Global FZE (PGF) a wholly owned subsidiary of Supernet Limited, has signed a Reseller Agreement with Arabsat (...

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News Update

28

Jul 2025

Jul 28, 2025 • 5 min read

Fatima Fertilizer to Acquire 100% Stake in Unlisted Petroleum Company

PSX-listed Fatima Fertilizer Company Limited (FATIMA) has announced its decision to acquire full ownership of Fatima Pet...

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News Update

28

Jul 2025

Jul 28, 2025 • 5 min read

FIA Seizes US Dollars in Crackdown on Illegal Currency Trade

The Federal Investigation Agency (FIA) has arrested individuals and seized foreign and local currency including 700 US D...

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News Update

28

Jul 2025

Jul 28, 2025 • 5 min read

ADB Appoints New DG for Pakistan and 10 Other Countries

The Asian Development Bank (ADB) has appointed Leah Gutierrez as Director General for its Central and West Asia Departme...

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News Update

28

Jul 2025

Jul 28, 2025 • 5 min read

Govt Approves Green Building and Rainwater Harvesting Codes

The Cabinet Committee for Disposal of Legislative Cases (CCLC), under the chairmanship of Federal Minister for Law and J...

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News Update

28

Jul 2025

Jul 28, 2025 • 5 min read

3,800 Investors Show Interest in Setting Up EV Charging Stations Across Pakistan

The development of electric vehicle (EV) infrastructure in Pakistan has gained significant momentum, with around 3,800 i...

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News Update

28

Jul 2025

Jul 28, 2025 • 5 min read

Govt Ready to Slash Circular Debt to Rs. 561 Billion

The federal government is set to reduce the power sector’s circular debt from Rs. 2.381 trillion to around Rs. 561 billi...

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News Update

28

Jul 2025

Jul 28, 2025 • 5 min read

Govt to Put QR Codes in All Utility Bills to Encourage Digital Payments

The federal government has directed that all electricity, telephone, and gas bills must carry printed QR codes to enable...

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News Update

28

Jul 2025

Jul 28, 2025 • 5 min read

Haseeb Waqas Sugar Mills Halts Buyback Plan Amid Speculation

Haseeb Waqas Sugar Mills Limited (PSX: HWQS) has decided to halt its share buyback and delisting process following an un...

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News Update

27

Jul 2025

Jul 27, 2025 • 5 min read

China Backed Cable Project Eyes Multi-Billion Dollar Investment in Pakistan

On the sidelines of the World Artificial Intelligence Conference in Shanghai, Federal Minister for IT and Telecommunicat...

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News Update

27

Jul 2025

Jul 27, 2025 • 5 min read

Luxury Car Used for Transporting Foreign Diplomats Vanishes Mysteriously

The federal government has directed the Director General of the Federal Investigation Agency (FIA) to initiate a formal...

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News Update

27

Jul 2025

Jul 27, 2025 • 5 min read

Govt Cuts Profit Rates on National Savings Schemes

The federal government has reduced profit rates on several National Savings Schemes with effect from July 28. The annual...

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