News & Updates

News Update

22

May 2025

May 22, 2025 • 5 min read

This Solar Company Tops Global Innovation Rankings After Explosive Growth in Pakistan

Trinasolar, a global leader in smart PV and energy storage solutions, has been ranked No. 1 globally for the Perovskite...

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News Update

22

May 2025

May 22, 2025 • 5 min read

Pakistan, Azerbaijan Vow to Strengthen Energy Ties, Economic Cooperation

Federal Minister for Petroleum Ali Pervaiz Malik and Azerbaijan’s Ambassador to Pakistan Khazar Farhadov, met on Thursda...

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News Update

22

May 2025

May 22, 2025 • 5 min read

JS Investments and Gohar Developers Launch Pakistan’s First Shariah-Compliant Green Hotel REIT

JS Investments Limited (JSIL), Pakistan’s oldest private sector Asset Management and REIT Management Company licensed by...

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News Update

22

May 2025

May 22, 2025 • 5 min read

Bitcoin Surpasses $110,000 for the First Time in History

Bitcoin (BTC) has set a new all-time high of $110,099 on early Thursday morning. For those who haven’t been following BT...

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News Update

22

May 2025

May 22, 2025 • 5 min read

PSX Loses Almost 800 Points as Falling Oil Prices Weigh Heavily on Oil-Related Stocks

The 100-Index of the Pakistan Stock Exchange (PSX) witnessed a bearish trend on Thursday, losing 778.41 points, a negati...

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News Update

22

May 2025

May 22, 2025 • 5 min read

Rupee Hopeless Against British Pound, US Dollar After Yet Another Decline

The Pakistani rupee (PKR) closed in red against the US Dollar (USD), British Pound, and most of the other top currencies...

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News Update

22

May 2025

May 22, 2025 • 5 min read

SECP Warns Against Fraudsters Using Social Media For ‘Interest-Free’ Loan Scams

The Securities and Exchange Commission of Pakistan (SECP) continues vigilant monitoring of social media platforms to saf...

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News Update

22

May 2025

May 22, 2025 • 5 min read

Senator Asks Govt to Triple Armed Forces Budget and Double Their Salaries

Senator Faisal Vawda on Wednesday proposed a threefold increase in Pakistan’s defense budget and called for doubling the...

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News Update

22

May 2025

May 22, 2025 • 5 min read

PMEX Set to launch Deliverable Sugar Futures

Pakistan Mercantile Exchange (PMEX), the country’s only licensed, multi-commodity futures exchange, is preparing to laun...

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News Update

22

May 2025

May 22, 2025 • 5 min read

CAT Upholds CCP’s Decision, Directs PESCO to Restore Right of Way

The Competition Appellate Tribunal (CAT) has upheld the decision of the Competition Commission of Pakistan (CCP) against...

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News Update

22

May 2025

May 22, 2025 • 5 min read

SNGPL’s Shareholders Approve Highest Ever 75% Cash Dividend for FY 2023-24

Sui Northern Gas Pipelines Limited (SNGPL) convened its 60th Annual General Meeting (AGM) of shareholders on Thursday, M...

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News Update

22

May 2025

May 22, 2025 • 5 min read

Pakistan Likely to Okay Bigger Defense Budget to Counter Future Indian Acts of War

Pakistan might raise its defense budget for FY2025-26 by 24 percent or Rs. 500 billion to approximately Rs. 2.6 trillion...

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News Update

22

May 2025

May 22, 2025 • 5 min read

Gold Price in Pakistan Falls After Increasing by Rs. 11,000 Per Tola in Previous 3 Days

The price of 24 karat gold witnessed a decrease of Rs. 1,900 on Thursday and was sold at Rs. 347,500 against its sale at...

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News Update

22

May 2025

May 22, 2025 • 5 min read

Govt Seeks Tax Relief for Real Estate, Salaried Class as Talks Continue with IMF

The federal government has asked the International Monetary Fund (IMF) to allow a reduction in the super tax and give re...

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News Update

22

May 2025

May 22, 2025 • 5 min read

Govt to Stop Pensioners From Getting Rehired

The federal government has initiated steps to advance pension reforms in like with conditions set by the International M...

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News Update

22

May 2025

May 22, 2025 • 5 min read

NBP Advances Technology to Power Smarter and Safer Banking Solutions

In pursuit of innovation and excellence in customer service, National Bank of Pakistan (NBP) has successfully completed...

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News Update

22

May 2025

May 22, 2025 • 5 min read

Business Confidence in Pakistan Improves Significantly, Reveals OICCI’s Survey

The Overseas Investors Chamber of Commerce and Industry (OICCI) has unveiled the results of its Business Confidence Inde...

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News Update

22

May 2025

May 22, 2025 • 5 min read

NEPRA Concludes Hearing on KE’s Requested Relief of Rs. 5.02 Under March FCA

NEPRA concluded its hearing on K-Electric’s petition of provisional monthly fuel charge adjustments (FCA) for March 2025...

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News Update

22

May 2025

May 22, 2025 • 5 min read

PM Wants Cheap House Financing for Low-Income Earners in Upcoming Budget

Prime Minister Shehbaz Sharif on Wednesday directed the government’s housing task force to arrange financing for low-cos...

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News Update

22

May 2025

May 22, 2025 • 5 min read

Pakistan’s Foreign Reserves Surge to $11.4 Billion After IMF Loan

The foreign exchange reserves held by the State Bank of Pakistan (SBP) rose by over $1 billion on a weekly basis, accord...

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News Update

22

May 2025

May 22, 2025 • 5 min read

Govt Misses Investment Target Again

Pakistan fell short of its 2024-25 investment-to-GDP target of 14.2 percent, as private sector investment remained large...

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