News & Updates

News Update

11

Aug 2025

Aug 11, 2025 • 5 min read

Gold Rate Plummets as International Prices Go Down Over U.S. Tariff Uncertainty

The price of 24 karat gold witnessed a decrease of Rs. 3,600 per tola on Monday and was sold at Rs. 358,800 against its...

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News Update

11

Aug 2025

Aug 11, 2025 • 5 min read

Banks to Remain Closed This Thursday

The State Bank of Pakistan (SBP), all banks and financial institutions will remain closed on Thursday (August 14, 2025)...

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News Update

11

Aug 2025

Aug 11, 2025 • 5 min read

Bahria Town Residents’ Properties and Investments are Safe: NAB

Despite ongoing legal proceedings against Bahria Town, the National Accountability Bureau (NAB) has assured that the res...

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News Update

11

Aug 2025

Aug 11, 2025 • 5 min read

Pakistan Businesses’ Confidence Rises to a 4-Year High

The confidence of Pakistan’s private businesses has surged to its highest level in nearly four years, according to Gallu...

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News Update

11

Aug 2025

Aug 11, 2025 • 5 min read

Allied Bank Partners with CeDAR, LUMS to Drive Innovation in Blockchain Technologies

Allied Bank, one of Pakistan’s leading commercial banks, has signed a Memorandum of Understanding (MoU) at Lahore Univer...

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News Update

11

Aug 2025

Aug 11, 2025 • 5 min read

Lucky Cement to Invest Rs. 1.2 Billion in National Resources Following Copper-Gold Discovery in Balochistan

Lucky Cement Limited, one of Pakistan’s leading cement manufacturers, has announced plans to invest up to Rs. 1.2 billio...

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News Update

11

Aug 2025

Aug 11, 2025 • 5 min read

Fauji Cement Posts Highest-Ever Profit of Rs. 13.3 Billion in FY25

Fauji Cement Company Limited (FCCL) has announced its financial results for FY25, posting a record profit of Rs. 13.3 bi...

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News Update

11

Aug 2025

Aug 11, 2025 • 5 min read

Mari Energy’s Profit Declines by 16% to Rs. 65.1 Billion in FY25

Mari Petroleum Company Limited (MARI) has announced its financial results for FY25, reporting a 16% year-on-year decline...

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News Update

11

Aug 2025

Aug 11, 2025 • 5 min read

Govt Decides to Abolish Right of Way Charges on Federal Land

The government has decided to abolish Right of Way (RoW) charges on federal land, starting with Islamabad, where RoW cha...

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News Update

11

Aug 2025

Aug 11, 2025 • 5 min read

Govt Likely to Reduce Super Tax for Manufacturing Sector Amid IMF Approval

The government is likely to lower the super tax rate for the manufacturing sector as part of its upcoming industrial pol...

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News Update

11

Aug 2025

Aug 11, 2025 • 5 min read

Pakistan Eyes Major US Investment in Mining Sector After Tariff Deal

The government is anticipating a significant boost in investment in Pakistan’s mining and mineral sector, alongside the...

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News Update

11

Aug 2025

Aug 11, 2025 • 5 min read

Pakistan Likely to Import 300,000 Tons of Sugar from Azerbaijan

Pakistan is likely to import up to 300,000 tons of sugar through direct government-to-government (G2G) deals. An officia...

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News Update

11

Aug 2025

Aug 11, 2025 • 5 min read

FBR Official Links Transfer to Action Against Powerful Lobbies

Two senior officials of the Federal Board of Revenue (FBR) have been transferred from Karachi to Islamabad, raising conc...

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News Update

11

Aug 2025

Aug 11, 2025 • 5 min read

FTO Orders Crackdown on Cybercriminals Behind Rs. 133 Million Fake Supply Fraud

The Federal Tax Ombudsman (FTO) has strictly directed the Director General of Intelligence and Investigation (I&I), Inla...

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News Update

11

Aug 2025

Aug 11, 2025 • 5 min read

FBR to Launch Field Audit of 42 Key Industries Nationwide

The Federal Board of Revenue (FBR) will conduct a field audit of 42 top sectors/industries across the country with the a...

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News Update

10

Aug 2025

Aug 10, 2025 • 5 min read

Bahria Town Prices Under Pressure as Future Hangs in Balance

As the legal troubles of Malik Riaz deepen, one question is on everyone’s mind: Will prices in Bahria Town collapse, or...

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News Update

10

Aug 2025

Aug 10, 2025 • 5 min read

Gold Rate in Pakistan Stays Near Record High Despite Marginal Drop

The price of 24 karat gold witnessed a decrease of Rs. 300 per tola on Saturday and was sold at Rs. 362,400 against its...

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News Update

10

Aug 2025

Aug 10, 2025 • 5 min read

Pakistan Posts Highest-Ever Primary Surplus in FY25

Pakistan posted its highest-ever primary surplus in the last fiscal year (FY25), coming in at Rs. 2.7 trillion, equivale...

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News Update

10

Aug 2025

Aug 10, 2025 • 5 min read

Suzuki Announces Massive Rs. 450,000 Cash Bonus on Every

Suzuki Pakistan has announced a massive discount for a limited time on one of its popular models. In a post on its socia...

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News Update

10

Aug 2025

Aug 10, 2025 • 5 min read

Gilgit-Baltistan is Getting a 100-Megawatt Solar Power Plant

Prime Minister Shehbaz Sharif’s promise made with the residents of Gilgit-Baltistan, regarding the provision of a 100-me...

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News Update

10

Aug 2025

Aug 10, 2025 • 5 min read

Pakistan Plans $10 Billion Railway Track to Connect With Central Asia

Federal Minister for Railways Hanif Abbasi said that major projects of including digitalization of Pakistan Railways, it...

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