News & Updates

News Update

27

Oct 2025

Oct 27, 2025 • 5 min read

Per Tola Gold Price in Pakistan Continues to Decrease

Gold prices in Pakistan dropped on Monday, following a decline in the international market. In the local market, the pri...

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News Update

27

Oct 2025

Oct 27, 2025 • 5 min read

CDA Launches Cashless One Window System to Make Islamabad a Digital City

The Capital Development Authority (CDA) has launched a cashless payment system at its One Window Facilitation Center, ta...

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News Update

27

Oct 2025

Oct 27, 2025 • 5 min read

Systems Limited Eyes Europe, US Expansion as Jan-Sep 2025 Profit Surges 46%

Systems Limited (SYS) is ramping up its global ambitions after reporting a robust profit after tax (PAT) of Rs. 7.94 bil...

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News Update

27

Oct 2025

Oct 27, 2025 • 5 min read

PM Shehbaz Pushes for Rapid Mobile Virtual Network Operator Rollout

Prime Minister Shehbaz Sharif has directed the Ministry of Information Technology and Telecommunication to accelerate th...

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News Update

27

Oct 2025

Oct 27, 2025 • 5 min read

PM Shehbaz Sets New Record by Averaging 1 Foreign Visit Every 30 Days

Prime Minister Shehbaz Sharif has set a new record, undertaking 34 foreign visits in just the past 18 months. Sources to...

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News Update

27

Oct 2025

Oct 27, 2025 • 5 min read

Shifa International Hospitals Approves Merger of Subsidiary to Streamline Operations

The Board of Directors of Shifa International Hospitals Limited (SIHL) has approved a scheme of arrangement to merge its...

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News Update

25

Oct 2025

Oct 25, 2025 • 5 min read

Faysal Bank Unveils Financial Results for September 2025, Receives Strong Endorsement from Sponsors

Faysal Bank Limited (FBL) demonstrated resilient financial performance, reporting Profit Before Tax (PBT) of PKR 32.8 bi...

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News Update

25

Oct 2025

Oct 25, 2025 • 5 min read

Pakistan Govt Faces $2 Billion Fine After Allegedly Violating Agreement With K-Electric Investors

A consortium of Saudi and Kuwaiti investors in K-Electric has served a $2 billion legal notice to the Government of Paki...

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News Update

25

Oct 2025

Oct 25, 2025 • 5 min read

PESCO and TESCO Want to Raise Electricity Bills Again

The Tribal Areas Electricity Supply Company (TESCO) and the Peshawar Electric Supply Company (PESCO) have filed petition...

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News Update

24

Oct 2025

Oct 24, 2025 • 5 min read

Mobile Wallets, Digital Bank Accounts Without Biometric Verification to be Blocked From Tomorrow

Millions of Pakistanis risk losing access to their digital bank accounts and wallets from October 25, 2025, as new biome...

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News Update

24

Oct 2025

Oct 24, 2025 • 5 min read

FBR Considering Video Analytics System to Monitor Manufacturing Sectors

The Federal Board of Revenue (FBR) is evaluating the adoption of video analytics based production monitoring systems as...

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News Update

24

Oct 2025

Oct 24, 2025 • 5 min read

FPCCI Hails SIFC’s Push for FBR Reforms and Tax Simplification

The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has welcomed the recent meeting of the Special Invest...

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News Update

24

Oct 2025

Oct 24, 2025 • 5 min read

Hamad Ali Mansoor Appointed New CEO of Engineering Development Board

The Prime Minister has approved the appointment of Hamad Ali Mansoor as the new Chief Executive Officer of the Engineeri...

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News Update

24

Oct 2025

Oct 24, 2025 • 5 min read

BankIslami Reports Pre-Tax Profit of PKR 10.8 Billion in the Nine Months of 2025

BankIslami, one of Pakistan’s fastest-growing Islamic financial institutions, reported a profit before tax (PBT) of PKR...

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News Update

24

Oct 2025

Oct 24, 2025 • 5 min read

FTO Warns FBR: Entire IT System Under Control of Cybercriminals

The Federal Tax Ombudsman (FTO) has warned the Federal Board of Revenue (FBR) that its entire IT system has collapsed an...

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News Update

24

Oct 2025

Oct 24, 2025 • 5 min read

Pakistan is Getting First-Ever Official Apple Retail Store – Location and Opening Date Confirmed

Airlink Communication plans to open Pakistan’s first official Apple retail outlet by the end of 2025. The announcement w...

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News Update

24

Oct 2025

Oct 24, 2025 • 5 min read

Rupee Strengthens Against US Dollar, Shows Mixed Trend Against Currencies

The Pakistani rupee (PKR) appreciated slightly by Rs. 0.01 against the US dollar in Friday’s interbank session, closing...

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News Update

24

Oct 2025

Oct 24, 2025 • 5 min read

AGP Flags Rs. 2.36 Billion Sales Tax Lapse by USF

The Auditor General of Pakistan has flagged non-deduction of provincial sales tax worth Rs. 2.36 billion by the Universa...

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News Update

24

Oct 2025

Oct 24, 2025 • 5 min read

Cabinet Committee Approves Major Governance Reforms and Board Restructuring for State-Owned Enterprises

The Cabinet Committee on State-Owned Enterprises (CCoSOEs) approved a series of key governance reforms and board appoint...

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News Update

24

Oct 2025

Oct 24, 2025 • 5 min read

Murree Brewery Begins Beer Exports After Decades

Murree Brewery has started exporting beer to non-Muslim countries after receiving official permission, marking its entry...

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News Update

24

Oct 2025

Oct 24, 2025 • 5 min read

Gold Prices in Pakistan Continue to Decrease After Record-Breaking Increase

Gold prices in Pakistan continued their downward trend on Friday, following a decline in the international market. In th...

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