News & Updates

News Update

22

Aug 2025

Aug 22, 2025 • 5 min read

Wafi Energy Pakistan Ltd Explores Investment Opportunities in Oil Marketing Sector

Wafi Energy Pakistan Limited has announced its intention to explore potential investment and acquisition opportunities i...

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News Update

22

Aug 2025

Aug 22, 2025 • 5 min read

Preparations Underway to Revise Revenue Formula for National Finance Commission

The federal government is preparing to revise the revenue-sharing formula for the National Finance Commission (NFC). A p...

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News Update

22

Aug 2025

Aug 22, 2025 • 5 min read

Electricity Consumers in Pakistan Set to Get Relief in September Bills

State-run power distribution companies (Discos) have proposed a refund of Rs. 1.691 per unit to electricity consumers in...

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News Update

22

Aug 2025

Aug 22, 2025 • 5 min read

Insurance Sector Assets Surge to Rs. 3.554 Trillion in 2024

The assets of the insurance sector surged significantly, rising from Rs. 2.9 trillion in 2023 to Rs. 3.554 trillion in 2...

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News Update

21

Aug 2025

Aug 21, 2025 • 5 min read

BankIslami Posts PKR 8.95 Billion PBT in H1 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

21

Aug 2025

Aug 21, 2025 • 5 min read

Medicine Prices Increasing Due to Cartelization in Pharma Sector: Senate Body

The Senate Standing Committee on National Health Services, Regulations and Coordination on Thursday expressed concern ov...

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News Update

21

Aug 2025

Aug 21, 2025 • 5 min read

ADB to Provide $410 Million for Pakistan’s Reko Diq Copper-Gold Project

The Asian Development Bank (ADB) has approved a $410 million financing package to support the development of Pakistan’s...

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News Update

21

Aug 2025

Aug 21, 2025 • 5 min read

SECP Integrates With Key Organizations for Data Sharing Under PRMI

The Securities and Exchange Commission of Pakistan (SECP), in collaboration with the Board of Investment (BOI), has sign...

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News Update

21

Aug 2025

Aug 21, 2025 • 5 min read

Pakistan’s Overall Foreign Reserves Stay Near $20 Billion Level After Slight Increase

The foreign exchange reserves held by the State Bank of Pakistan (SBP) posted an increase of $13 million on a weekly bas...

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News Update

21

Aug 2025

Aug 21, 2025 • 5 min read

Textile Sector Growth Govt’s Top Priority: Finance Minister

Federal Minister for Finance Senator Muhammad Aurangzeb held a meeting today with a delegation of the country’s leading...

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News Update

21

Aug 2025

Aug 21, 2025 • 5 min read

Pakistan Launches First Ever Digital Economic Census

Minister for Planning Ahsan Iqbal Thursday launched the first “Digital Economic Census” and said that this data-set will...

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News Update

21

Aug 2025

Aug 21, 2025 • 5 min read

Rupee Extends Winning Streak Against Dollar to 10 Days

The Pakistani Rupee (PKR) on Thursday appreciated by 03 paisa against the US Dollar (USD) in the interbank trading and c...

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News Update

21

Aug 2025

Aug 21, 2025 • 5 min read

Poland to Provide Job Opportunities to Pakistanis

Federal Minister for Overseas Pakistanis Chaudhry Salik Hussain met with the Polish Ambassador to Pakistan Maciej Pisars...

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News Update

21

Aug 2025

Aug 21, 2025 • 5 min read

NBP Becomes First Bank to Launch PayPak Pink Debit Cards

National Bank of Pakistan (NBP) on occasion of 78th Independence Day of Pakistan, and 75th anniversary of NBP, launched...

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News Update

21

Aug 2025

Aug 21, 2025 • 5 min read

Gold Price in Pakistan Posts Increase of Rs. 2,000 Per Tola

The price of 24 karat gold witnessed an increase of Rs. 2,000 per tola on Thursday and was sold at Rs. 357,200 against i...

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News Update

21

Aug 2025

Aug 21, 2025 • 5 min read

Discos Fail to Recover Rs. 480 Billion from Defaulters

The government’s claims of recovering outstanding electricity bills from defaulters have fallen flat, as power distribut...

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News Update

21

Aug 2025

Aug 21, 2025 • 5 min read

Zong and Energy & Automation Pvt. Ltd. Partner to Launch Smart Energy Management Solutions

Zong, Pakistan’s leading technology innovation company, has entered a strategic partnership with Energy & Automation Pvt...

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News Update

21

Aug 2025

Aug 21, 2025 • 5 min read

Cabinet Approves Senator Ahmed Khan’s Appointment to RERA Board

The Federal Cabinet has approved the nomination of Senator Ahmed Khan as a member of the Real Estate Regulatory Authorit...

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News Update

21

Aug 2025

Aug 21, 2025 • 5 min read

Pakistan, Bangladesh Discuss Collaboration in Ship-Building, Agro-Processing

Minister for Commerce Jam Kamal Khan held productive discussions with Bangladesh’s Adviser for Industries Adilur Rahman...

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News Update

21

Aug 2025

Aug 21, 2025 • 5 min read

Pakistani Opens Business Facilitation Center to Attract Foreign Investment

Prime Minister Shehbaz Sharif on Thursday inaugurated the first-ever Business Facilitation Center (BFC) here with a visi...

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News Update

21

Aug 2025

Aug 21, 2025 • 5 min read

Chashma Sugar Mills Announces Amalgamation with Wholly-Owned Subsidiary

Chashma Sugar Mills Limited (CSM) has announced the approval of a strategic amalgamation with its wholly-owned subsidiar...

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