Lahore High Court Rules DISCOs Cannot Disconnect Home Electricity Over Industrial Dues

The Lahore High Court has ruled that electricity distribution companies (DISCOs) cannot disconnect a consumer’s residential electricity connection to recover alleged dues from a separate industrial connection.

The decision provides important protection for domestic electricity consumers, particularly in cases where residential and commercial or industrial connections have separate meters, billing records and payment histories.

Justice Jawad Hassan issued the ruling while hearing a petition filed by Ghazi Akhtar Khan. The court directed the relevant authorities to refrain from taking coercive action against his residential electricity connection.

The case involved an attempt to use a domestic electricity connection as a means of recovering disputed liabilities associated with a separate industrial connection. The petitioner maintained that his residential electricity bills had been regularly paid.

The court observed that a fully paid residential connection cannot be used as leverage to recover disputed dues connected with an industrial connection. It emphasized the separate nature of the two electricity connections and their respective billing records.

According to the ruling, the residential connection had its own meter, reference number, billing history and payment record. Since the petitioner had been paying his domestic electricity bills regularly, the court found that the residential supply could not simply be disconnected to recover a disputed industrial liability.

The decision is significant for electricity consumers because households and businesses may sometimes have multiple electricity connections registered under the same person or entity. The ruling reinforces the importance of treating separate connections according to their individual records and liabilities.

Electricity disconnection can have serious consequences for households, affecting essential activities such as lighting, refrigeration, education and other daily needs. The court’s decision therefore places limits on the use of residential electricity supply as a recovery mechanism for unrelated disputed dues.

The ruling also highlights the distinction between a consumer’s residential obligations and liabilities associated with an industrial or commercial connection. Where separate meters, reference numbers and billing records exist, the financial position of one connection cannot automatically be treated as the same as another.

For consumers facing disputes over electricity bills, the judgment could serve as an important legal reference. It indicates that distribution companies must follow appropriate legal procedures when seeking recovery of disputed amounts rather than disconnecting a separate, fully paid residential connection.

The Lahore High Court’s order also underscores the importance of maintaining accurate billing records. Separate payment histories can help establish whether a particular electricity connection has outstanding dues or has been regularly cleared by the consumer.

The ruling does not mean that legitimate electricity dues cannot be recovered. Rather, it establishes that a separate residential connection that has been properly paid cannot be disconnected simply to exert pressure for recovery of disputed liabilities attached to another industrial connection.

The case could have broader implications for electricity consumers across areas served by distribution companies, particularly where individuals or businesses maintain multiple connections for residential and commercial purposes.

The decision ultimately reinforces the principle that electricity supply should be dealt with according to the specific connection, billing record and legal liability involved.

Saudi Arabia to Introduce 90-Day Limit for GCC-Registered Private Vehicles

Saudi Arabia is set to introduce new regulations limiting how long privately owned vehicles registered in other Gulf Cooperation Council (GCC) countries can remain in the kingdom.

The new rules are scheduled to take effect on August 26 and will apply to GCC-registered vehicles owned by Saudi citizens or non-GCC residents living in Saudi Arabia.

Under the regulations, eligible vehicles will be permitted to remain in Saudi Arabia for a maximum of 90 days. The restriction will also cover vehicles that individuals are officially authorized to drive, providing a clear time limit for the use of foreign-registered private vehicles inside the kingdom.

The 90-day allowance does not necessarily have to be used in one continuous period. Vehicle owners and authorized drivers can use the permitted period across multiple visits within a 365-day period.

The countdown will begin when the vehicle first enters Saudi Arabia through a designated customs port. This means the entry date will become an important reference point for determining how much of the vehicle’s permitted stay has been used.

The new policy is particularly relevant for Saudi citizens who own vehicles registered elsewhere in the GCC, as well as non-GCC residents living in Saudi Arabia who use vehicles registered in neighboring Gulf countries.

GCC countries have strong economic and social links, and residents frequently travel across borders for work, business, family visits and tourism. As a result, regulations governing foreign-registered vehicles can have a direct impact on cross-border motorists.

The 90-day framework appears designed to provide a defined period during which GCC-registered private vehicles can operate in Saudi Arabia while establishing clearer controls over their duration of stay.

For motorists who regularly drive into Saudi Arabia, keeping track of entry dates will be important. Since the permitted period can be spread across multiple visits, drivers may need to monitor their cumulative usage during the relevant 365-day period.

The introduction of the rule also highlights the importance of understanding customs and vehicle-entry requirements before travelling to Saudi Arabia. Drivers using GCC-registered vehicles should ensure that they understand how the 90-day allowance applies to their specific circumstances.

The policy may be especially important for people who frequently travel between Saudi Arabia and other GCC countries. A vehicle that remains in the kingdom for extended periods could be affected once the permitted 90-day period has been exhausted.

By linking the calculation to the vehicle’s first entry through a customs port, Saudi authorities are establishing a specific starting point for the permitted period. This provides a clear basis for tracking the vehicle’s stay.

The new rules are expected to become effective on August 26. Motorists planning cross-border travel should therefore consider the new requirement when arranging trips involving privately owned GCC-registered vehicles.

For Saudi residents and visitors who depend on such vehicles, awareness of the new limit will be important to avoid problems associated with exceeding the permitted period.

China’s CHEC Proposes $522 Million Plan for New Keti Bunder Deep-Water Port

China Harbour Engineering Company (CHEC) has proposed a preliminary engineering cost of $522.34 million for the first phase of a new deep-water port at Keti Bunder in Sindh. The proposed project is part of Pakistan’s broader efforts to strengthen its maritime infrastructure, logistics network and trade capacity.

CHEC presented a Conceptual Master Plan for the proposed port to President Asif Ali Zardari during a meeting on Monday. The Chinese engineering company outlined a modern maritime gateway that could include multiple terminals, logistics facilities and other supporting infrastructure.

According to the presentation, the first phase of the Keti Bunder port would feature a multi-purpose terminal with a 500-meter quay. The facility is expected to support different types of maritime and commercial activities while improving connectivity between sea-based trade and inland logistics networks.

The proposed investment highlights the growing focus on developing Pakistan’s coastal infrastructure. A modern deep-water port at Keti Bunder could potentially create new opportunities for cargo handling, transportation, warehousing and related industries in the region.

Keti Bunder is located along the Sindh coast and has long been viewed as an area with potential for maritime development. A large-scale port project could help unlock that potential by introducing modern port facilities and improving the movement of goods through the coastal region.

The proposed $522.34 million engineering cost relates to the preliminary first phase of the project. Further planning, technical assessments, financing arrangements and approvals would be required before construction and full implementation can move forward.

The development could also have wider implications for Pakistan’s logistics sector. Modern port infrastructure can improve cargo-handling capacity, reduce pressure on existing facilities and provide businesses with additional routes for moving goods to domestic and international markets.

For Pakistan, expanding maritime infrastructure is particularly important because the country relies heavily on sea routes for international trade. Additional port capacity could support future growth in imports and exports while strengthening the country’s position as a regional logistics hub.

The involvement of CHEC also reflects the continuing role of Chinese engineering companies in Pakistan’s infrastructure development. The company has been involved in major maritime and infrastructure projects in the country, bringing experience in port construction, engineering and logistics-related development.

If the Keti Bunder proposal advances, the project could become an important component of Sindh’s long-term economic and maritime development plans. It may also generate demand for supporting services, including transportation, logistics, construction, warehousing and other port-related businesses.

The proposed deep-water port is therefore being viewed not only as a transport project but also as a potential driver of regional economic activity. Its eventual impact will depend on detailed feasibility studies, investment decisions, infrastructure connectivity and the successful completion of subsequent development phases.

For now, CHEC’s $522.34 million preliminary proposal marks an important step toward evaluating the potential of Keti Bunder as a new maritime gateway for Pakistan.

Pakistan Eyes $400 Million Annual Remittance Savings Through Regulated Stablecoins

Pakistan could potentially save around $400 million every year by using regulated stablecoins for remittances, according to Bilal bin Saqib, Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA).

Saqib said the potential savings could be achieved if stablecoin-based transfers reduce remittance transaction costs by just one percentage point. Pakistan receives roughly $40 billion in annual remittance inflows, making even a small reduction in transfer costs financially significant.

The proposal is part of Pakistan’s wider effort to bring virtual assets into the formal financial system and develop regulated digital-asset use cases. Authorities are examining how blockchain-based technologies could support cross-border payments, digital exports, trade finance and tokenized financial assets.

According to Saqib, around $40 billion in remittances continues to enter Pakistan through traditional financial channels, including the SWIFT system. The country therefore has significant potential to explore alternative payment technologies that can make international transfers faster and more affordable.

The cost of sending remittances remains an important issue for migrant workers and their families. Saqib cited World Bank data showing that the global average cost of sending $200 is around 6 percent, highlighting the potential room for more efficient payment mechanisms.

Stablecoins are digital assets designed to maintain a relatively stable value, often by being linked to traditional currencies or other assets. Unlike highly volatile cryptocurrencies, stablecoins are generally intended to facilitate payments and transfers rather than function primarily as speculative investments.

For Pakistan, regulated stablecoins could offer a possible avenue for improving the efficiency of remittance transfers while maintaining oversight through the formal financial system. However, their wider adoption would depend on appropriate regulations, compliance requirements and safeguards.

The government’s interest in stablecoin-based remittances also reflects the growing importance of digital finance in Pakistan. If properly regulated, blockchain technology could potentially support not only overseas transfers but also other areas of the economy.

Saqib said Pakistan is exploring broader applications for virtual assets, including cross-border payments and digital exports. Tokenization of financial assets and the use of digital technologies in trade finance are also being considered as part of the country’s emerging virtual-assets framework.

The potential $400 million saving is based on a simple one-percentage-point reduction in transaction costs applied to approximately $40 billion in annual remittance inflows. Actual savings would depend on adoption levels, transaction costs, regulatory requirements and the efficiency of the payment infrastructure.

Remittances are a major source of foreign exchange for Pakistan and play an important role in supporting households across the country. Lower transfer costs could allow families to receive a larger share of the money sent by Pakistanis working abroad.

The development signals that Pakistan is increasingly examining digital assets beyond cryptocurrency trading. By focusing on regulated applications such as remittances and cross-border payments, authorities are looking at ways virtual-asset technology could contribute to the formal economy.

Sandal Express Restored After 8 Years, Reconnecting Sargodha and Multan by Rail

The Sandal Express has resumed operations after an eight-year suspension, restoring an important railway connection between Sargodha and Multan and giving passengers another affordable travel option.

The restoration of the passenger train is particularly significant for residents of Jhang and other districts located along the route. The service is expected to provide an economical alternative for people traveling between major cities and towns in the region.

The return of the Sandal Express was marked by special ceremonies at Jhang and Sargodha railway stations. A large number of citizens gathered at both stations to welcome the train and celebrate the restoration of the long-suspended service.

The resumption comes as Pakistan Railways continues efforts to restore passenger services and improve connectivity between different parts of the country. Rail travel remains an important transportation option for people seeking relatively affordable long-distance journeys.

For residents of Jhang and surrounding areas, the Sandal Express could make travel to Sargodha and Multan more convenient. The restored service may also benefit students, workers, traders and families who regularly travel between communities along the railway route.

The eight-year suspension had limited passenger rail options for people living along the corridor. With the Sandal Express back in operation, travelers once again have access to a direct rail service connecting important areas of Punjab.

The restoration of the train also has potential economic benefits for communities along the route. Improved rail connectivity can support local commerce by making it easier for people and goods to move between towns and larger commercial centers.

Railways can also play an important role in reducing the transportation burden on passengers. For many travelers, train services offer a more affordable alternative to private vehicles and intercity bus services, particularly for longer journeys.

The strong public response at Jhang and Sargodha stations reflects the importance of passenger rail services to local communities. Citizens welcoming the train’s return have highlighted the value of restoring transportation links that had remained unavailable for years.

The Sandal Express is now once again part of the passenger rail network connecting Sargodha and Multan. Its restoration represents another development in efforts to improve regional rail connectivity and provide passengers with more travel choices.

The long-term success of the service will depend on reliable operations, convenient scheduling and continued maintenance. Regular service can help rebuild passenger confidence and ensure that the restored railway connection continues to serve communities across the route.

Pakistan Refineries Agree to Upgrade Plants Despite New Penalty

Pakistan’s oil refineries are preparing to move ahead with long-delayed agreements to upgrade their plants, despite concerns over a new financial penalty introduced under the amended Brownfield Refinery Policy.

The refinery sector has indicated that it is ready to sign the agreements with the government. However, industry representatives have objected to a provision requiring refineries to surrender 2.5 percent of the deemed duty retained on diesel.

The refineries argue that the penalty is unfair because the delays in finalizing the upgrade agreements were not caused by the companies themselves. Despite these reservations, the industry appears willing to proceed with the modernization plan.

The development is important for Pakistan’s energy sector because the country’s refining infrastructure requires significant investment and modernization. Upgrading existing plants could improve refinery efficiency, strengthen fuel production capacity and reduce some of the challenges associated with aging facilities.

The government’s amended Brownfield Refinery Policy is designed to encourage investment in existing refineries rather than relying solely on the construction of completely new facilities. The policy was initially approved in August 2023 and has been amended twice since then.

Under the latest developments, the government is pushing to finalize agreements with the refineries after lengthy delays. Petroleum Minister Ali Pervaiz Malik has said the agreements will be completed soon, while the Petroleum Division expects them to be signed by the end of August.

The proposed refinery upgrades could have wider implications for Pakistan’s energy security. Modern plants can operate more efficiently and produce fuels that better meet domestic requirements, potentially supporting a more stable petroleum supply chain.

For Pakistan, investment in refinery modernization is also linked to the broader goal of reducing dependence on imported petroleum products. Improvements in domestic refining capacity could help the country make better use of imported crude oil while strengthening local processing capabilities.

However, the disagreement over the 2.5 percent deemed-duty provision remains an important issue for the refinery industry. Companies are expected to seek clarity and fair treatment as they move toward signing the long-awaited agreements.

The decision by refineries to proceed despite their objections signals that both the government and industry recognize the importance of moving forward with the upgrade program. Final agreements could provide greater certainty for companies planning major investments in their facilities.

If the agreements are completed as expected, Pakistan could enter a new phase of refinery modernization after years of discussions and delays. The upgrades may eventually contribute to improved fuel quality, greater operational efficiency and a stronger domestic refining sector.

For consumers and the wider economy, the success of the program will depend on how quickly investments translate into better refinery performance and a more reliable petroleum supply chain. The coming months will therefore be closely watched by Pakistan’s energy industry and policymakers.

PIA Picks New IT Chief as Restructuring Efforts Continue

Pakistan International Airlines (PIA) has finalized the appointment of a new Chief Information Technology Officer (CITO), marking another step in the national carrier’s ongoing administrative reforms and restructuring efforts.

The appointment comes as PIA continues to reorganize its management and strengthen key areas of its operations. The information technology function is expected to play an increasingly important role as the airline works to modernize its systems and improve operational efficiency.

A strong IT leadership structure can support airlines in several areas, including digital services, internal management systems, cybersecurity, data management and passenger-facing technologies. The appointment of a new IT chief is therefore expected to be relevant to PIA’s broader modernization plans.

At the same time, the selection process for PIA’s new Chief Executive Officer (CEO) has reached its final stage. The development indicates that the airline is moving forward with changes to its senior leadership structure.

The appointment of a permanent CEO will be closely watched as PIA continues to deal with major operational and administrative challenges. The airline has been undergoing a restructuring process aimed at improving its performance and strengthening its overall management framework.

The new Chief Information Technology Officer will be expected to oversee the airline’s technology-related functions and contribute to efforts to make its systems more efficient. Modern IT infrastructure is increasingly important for airlines as digital platforms become central to reservations, customer service, flight operations and business management.

PIA’s management changes come during a period of significant transformation for the national carrier. The airline has been pursuing reforms intended to improve efficiency and establish a more sustainable operational structure.

The final stage of the CEO selection process adds another important element to these changes. Once the new chief executive is appointed, the leadership team will have a key role in implementing the airline’s future strategy.

For PIA, effective coordination between senior management, technology leadership and other operational departments could be important in achieving its reform objectives. Technology modernization can also help improve decision-making by providing management with better access to timely operational and business data.

The latest appointment consequently represents more than a change in an individual management position. It forms part of a wider effort to build a stronger administrative structure at the national airline.

Further developments are expected as the CEO selection process concludes. The incoming leadership will face the task of advancing reforms while addressing operational requirements and positioning PIA for improved performance.

The appointment of a new IT chief and the progress in selecting a new CEO indicate that PIA’s management restructuring remains active. The effectiveness of these changes will ultimately depend on how successfully the new leadership implements modernization and efficiency measures across the airline.

Sindh Government Declares August 26 Public Holiday for Eid Milad-un-Nabi

The Sindh government has announced a public holiday across the province on Wednesday, August 26, 2026, to mark Eid Milad-un-Nabi, observed on 12th Rabi-ul-Awwal 1448 A.H.

The announcement was made through an official notification issued by the Sindh Services, General Administration and Coordination Department on Friday. The holiday will be observed across Sindh by institutions and organizations falling under the provincial government’s administrative control.

According to the notification, the public holiday will apply to all government offices operating under the Sindh government. It will also cover autonomous and semi-autonomous bodies, corporations and local councils.

The decision means employees working in the affected provincial government institutions will observe Wednesday as a holiday in connection with Eid Milad-un-Nabi.

Eid Milad-un-Nabi is observed by Muslims to commemorate the birth anniversary of Prophet Muhammad (PBUH). The occasion is marked across Pakistan through religious gatherings, prayers and other activities.

The Sindh government’s announcement provides clarity for provincial government employees and organizations regarding their official working schedule for August 26. Citizens dealing with government departments should take the holiday into account when planning visits or administrative work.

The notification specifically covers organizations that fall under the administrative control of the Sindh government. The announcement therefore establishes the holiday for the categories of institutions identified in the provincial government’s official order.

Public holidays linked to major religious occasions are generally announced in advance to allow government departments, employees and citizens to make appropriate arrangements.

The declaration also comes as other institutions and organizations across Pakistan announce their schedules for Eid Milad-un-Nabi. The Pakistan Stock Exchange, for example, has separately announced a closure on August 26 in observance of the same occasion.

For residents of Sindh, the provincial notification confirms that Wednesday will be a public holiday for the government institutions covered by the order. People who need services from provincial departments may therefore need to plan their visits around the closure.

The government’s notification is expected to help departments and local administrative bodies coordinate their operations during the religious occasion.

Eid Milad-un-Nabi remains an important date on Pakistan’s religious calendar, and the public holiday allows government employees covered by the notification to observe the occasion without their normal official duties.

Citizens are advised to check with individual departments or institutions if they require a specific government service around the holiday, particularly where operational arrangements may differ.

NADRA Makes Proof of Life Certificate Free for Pensioners Across Pakistan

The National Database and Registration Authority (NADRA) has announced that the Proof of Life Certificate (PoLC) is now completely free for pensioners across Pakistan. The move is aimed at making the verification process easier, particularly for elderly and vulnerable citizens who face difficulties visiting banks or pension offices.

Under the new initiative, pensioners can obtain the Proof of Life Certificate through several channels. These include the PakID mobile platform, NADRA Registration Centers, Union Councils, e-Sahulat franchises and NADRA’s mobile service channels operating across the country.

The initiative has been introduced following special directions from Prime Minister Muhammad Shehbaz Sharif. It has been coordinated with the Ministry of Interior and Narcotics Control, Ministry of Defense, Controller General of Accounts (CGA) and Military Accountant General (MAG).

The decision is expected to provide significant relief to pensioners who are required to submit periodic proof of life to continue receiving their pension payments. Previously, completing such requirements could be difficult for people with limited mobility or health-related challenges.

By removing the fee for the Proof of Life Certificate, NADRA is also reducing the financial burden associated with pension verification. The wider availability of the service means pensioners may have more convenient options instead of traveling long distances to complete the process.

The facility is particularly important for elderly pensioners, bedridden individuals and differently-abled citizens. For such people, traveling to a bank, pension office or registration facility can be physically challenging and may require assistance from family members.

The availability of PoLC services through Union Councils and e-Sahulat franchises can also improve access for pensioners living outside major urban centers. NADRA’s mobile service channels are expected to further support citizens who may have difficulty reaching conventional service locations.

The PakID platform provides another convenient option for eligible users who can complete the required process through digital services. This reflects the government’s broader efforts to expand digital access to public services and reduce unnecessary visits to government offices.

The Proof of Life Certificate plays an important role in pension administration because it helps authorities verify that a pension recipient is alive and remains eligible to receive pension payments. Making the certificate free and more accessible could therefore simplify an important administrative requirement for thousands of pensioners.

Pensioners and their families should use official NADRA channels to understand the applicable process, requirements and service availability. They should also keep their relevant identity and pension records available when completing verification.

The latest decision highlights an effort to make public services more accessible to senior citizens and people with disabilities. By combining free certification with multiple service channels, NADRA aims to make the pension verification process simpler, more affordable and easier to access across Pakistan.

RLNG Power Generation Cost Hits All-Time High in Pakistan

The cost of generating electricity from regasified liquefied natural gas (RLNG) in Pakistan reached an all-time high of Rs. 47.4 per unit in July 2026, highlighting the growing pressure on the country’s power generation costs.

According to data from Topline Securities, the sharp increase came as Pakistan relied heavily on expensive spot LNG cargoes following disruptions to contracted LNG supplies from Qatar.

Data from the National Electric Power Regulatory Authority (NEPRA) shows that RLNG-based power generation costs increased by 242 percent between April and July. The cost rose from less than Rs. 14 per unit in April to Rs. 47.4 per unit in July.

The increase represents a major rise in the cost of producing electricity from RLNG within just a few months. It also reflects the impact that disruptions in international LNG supplies can have on Pakistan’s domestic energy sector.

Pakistan depends on imported LNG to meet part of its energy requirements, particularly when domestic gas supplies are insufficient to meet demand. RLNG is used by power plants to generate electricity, making international gas prices and supply conditions important factors for the country’s electricity costs.

The disruption to contracted supplies from Qatar forced Pakistan to turn more heavily toward spot LNG cargoes. Spot cargoes are purchased on the international market and can become significantly more expensive when global demand rises or supplies are disrupted.

The resulting increase in fuel costs placed additional pressure on RLNG-based electricity generation. At Rs. 47.4 per unit, the July generation cost represents a substantial increase compared with the level recorded just three months earlier.

The sharp rise could also have wider implications for Pakistan’s energy sector. Higher fuel costs can increase the overall cost of electricity generation and place additional financial pressure on the power sector.

The development is particularly significant for Pakistan because electricity generation costs already face pressure from fuel prices, exchange-rate movements, capacity payments and other components of the power sector.

The latest figures also demonstrate the vulnerability of imported fuel-dependent power generation to international supply disruptions. When long-term contracted supplies are interrupted, replacing them with spot-market purchases can expose electricity producers to much higher prices.

The increase in RLNG generation costs could therefore strengthen the importance of securing reliable LNG supplies and maintaining a diversified energy strategy. Stable long-term contracts can provide greater predictability, although global market conditions can still affect the overall cost of imported energy.

For consumers and businesses, higher generation costs can add to concerns about electricity affordability and industrial operating expenses. However, the eventual impact on consumer electricity tariffs depends on regulatory decisions and the broader cost structure of the power sector.

The July figures are also likely to attract attention from policymakers as Pakistan evaluates its future energy requirements. Managing the cost and availability of imported LNG remains an important challenge for ensuring reliable electricity generation.

The jump from below Rs. 14 per unit in April to Rs. 47.4 per unit in July underscores how quickly RLNG generation costs can change when international supply conditions deteriorate.

As Pakistan continues to manage its energy needs, the latest record-high RLNG generation cost highlights the financial risks associated with dependence on expensive spot LNG cargoes and disruptions in contracted supplies.

Gold Gains Nearly Rs. 14,000 in Pakistan Today

Gold prices in Pakistan rose sharply on Thursday, with the price of 24-karat gold gaining nearly Rs. 14,000 per tola as international gold prices also moved higher.

According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 24-karat gold increased by Rs. 13,700, reaching Rs. 471,936 per tola.

The price of 10-gram gold also recorded a significant increase. It rose by Rs. 11,746 to reach Rs. 404,609, according to the latest market rates.

The sharp rise comes after a similar increase in international gold prices, which continues to influence the domestic bullion market. Gold prices in Pakistan are affected by global market movements as well as currency fluctuations and local market conditions.

The latest increase represents a notable daily movement for gold buyers and investors. A rise of Rs. 13,700 in the price of one tola highlights the extent to which changes in international bullion markets can quickly affect local prices.

Gold remains one of the most closely watched commodities in Pakistan. Consumers traditionally purchase gold for jewelry, weddings and other occasions, while investors also consider the precious metal a store of value during periods of economic uncertainty.

The increase in gold prices may affect both individual buyers and the jewelry industry. Consumers looking to purchase jewelry could face higher costs, particularly if international prices continue to rise.

For investors, daily changes in gold rates can influence decisions about buying or selling bullion. However, short-term price movements can be volatile, and the direction of international markets remains an important factor in determining future rates.

The APGJSA rates provide an important reference for gold prices in Pakistan’s local market. Traders, jewelers and consumers closely monitor these rates when assessing the cost of gold and jewelry.

The latest figures show that 24-karat gold has climbed to Rs. 471,936 per tola, while 10-gram gold is now priced at Rs. 404,609. The difference reflects the standard market conversion between the traditional tola measurement and the 10-gram measurement.

The rise also comes at a time when global investors continue to pay close attention to precious metals. International gold prices can respond to several factors, including expectations about interest rates, currency movements, economic conditions and investor demand.

For Pakistani consumers, the key question will be whether the latest increase is temporary or part of a broader upward trend. Further movements in international gold prices and domestic market conditions are likely to influence the next update.

Anyone planning to buy gold should therefore check the latest APGJSA rates before making a purchase, as prices can change from one trading session to another.

Govt Approves Law to Officially Recognize New Position of Chief Defense Forces

The federal cabinet has approved the draft Defense Forces Act 2026, formally establishing the legal and administrative framework for the newly created position of Chief of Defense Forces. The decision marks another major legislative development following the 27th Constitutional Amendment.

The cabinet meeting was held in Islamabad under the chairmanship of Prime Minister Shehbaz Sharif. According to the Prime Minister’s Office, the proposed legislation is designed to provide the necessary administrative structure for the Chief of Defense Forces and the newly established Chief of Defense Forces Headquarters.

The approval is part of broader institutional changes introduced through the 27th Constitutional Amendment. The government has moved to translate those constitutional changes into a detailed legal framework governing the new defense command structure.

The Defense Forces Act 2026 is expected to define the administrative arrangements, responsibilities and organizational structure associated with the Chief of Defense Forces. It will also establish the framework for the headquarters of the new position.

Alongside the Defense Forces Act 2026, the federal cabinet also approved amendments to the National Command Authority Act 2010. These amendments are intended to bring the existing legal framework in line with the constitutional and institutional changes introduced by the government.

The development is significant because the creation of a new senior defense position requires clear legislation to define its role within Pakistan’s national security and defense structure. The new law is therefore expected to provide greater clarity over administrative responsibilities and institutional coordination.

The Prime Minister’s Office described the proposed legislation as a continuation of the reforms introduced through the 27th Constitutional Amendment. The move indicates that the government is progressing from constitutional changes toward detailed legislation required for their implementation.

The cabinet’s approval of the draft does not itself represent the final completion of the legislative process. The proposed laws and amendments will still have to proceed through the relevant parliamentary procedures before becoming fully enforceable legislation.

The establishment of the Chief of Defense Forces position could have a broader impact on the organization of Pakistan’s defense institutions. Its precise powers, responsibilities and relationship with other military and national security institutions will depend on the final wording of the legislation.

For now, the cabinet decision represents an important step toward formally recognizing the new position through law. Further details are expected to emerge as the Defense Forces Act 2026 and amendments to the National Command Authority Act move through the legislative process.

Pakistan Grants NOCs to Seven Players for CPL 2026

The Pakistan Cricket Board (PCB) has granted no-objection certificates (NOCs) to several Pakistani cricketers, allowing them to participate in the ongoing Caribbean Premier League (CPL) 2026.

The NOCs have been issued for the players to fulfill their commitments with overseas franchises. According to the latest details, the permissions are valid from August 19 to September 21, covering a significant portion of the CPL season.

The development will allow the approved players to join their respective CPL teams after completing their domestic commitments in Pakistan. Several of the players recently featured in the National Champions Cup, which concluded with its final on August 18.

PCB NOCs are an important requirement for Pakistani players participating in overseas leagues. The board’s NOC policy allows it to consider a player’s domestic and national commitments before granting permission for participation in foreign competitions.

The decision also highlights the growing involvement of Pakistani cricketers in international franchise cricket. Overseas T20 leagues provide players with opportunities to gain experience in different playing conditions while competing alongside international stars.

The CPL is one of the major franchise-based T20 competitions and attracts players from several cricket-playing nations. Pakistani cricketers have regularly featured in the tournament, making the league an important destination for the country’s white-ball players.

The timing of the NOCs is also significant because Pakistan’s domestic cricket schedule remains active. The National Champions Cup provided an opportunity for centrally contracted and emerging players to compete at home before taking up overseas assignments.

The PCB’s approval means the selected players can now fulfill their franchise commitments without conflicting with the approved period of their NOCs. Their participation could also provide valuable competitive exposure ahead of future international assignments.

For the players, appearing in the CPL can offer experience in Caribbean conditions, where pitches, weather, and playing environments can differ considerably from those in Pakistan. Such exposure can contribute to their development, particularly in T20 cricket.

The move is also relevant for CPL franchises that have signed Pakistani players. The issuance of NOCs gives those teams greater clarity over player availability during the tournament.

PCB rules require centrally contracted and domestic contracted players to fulfill their obligations with their respective teams and associations before taking up foreign assignments. The board also retains the authority to assess NOC requests according to its established policy.

The latest approvals therefore represent a balance between domestic cricket commitments and international franchise opportunities. By permitting players to participate during the specified window, the PCB has enabled them to benefit from overseas competition while maintaining its scheduling requirements.

The participation of Pakistani players in the CPL will be closely followed by cricket fans, particularly as the tournament provides another platform for the country’s emerging and established T20 talent.

With the NOCs valid until September 21, the approved players have the opportunity to gain valuable franchise cricket experience during the remainder of their permitted period. Their performances in the Caribbean could also help them strengthen their positions in Pakistan’s wider white-ball setup.

Riyadh Air Launches Flights to Lahore, Expanding Saudi Arabia-Pakistan Connectivity

Riyadh Air has expanded its operations in Pakistan by launching flights to Lahore, adding another major Pakistani destination to its growing international network.

The Saudi airline’s inaugural flight, RX-676, arrived at Allama Iqbal International Airport from Riyadh on Tuesday evening. The new route comes only days after Riyadh Air began operating flights to Islamabad.

The expansion marks another development in air connectivity between Saudi Arabia and Pakistan. Lahore is one of Pakistan’s largest cities and an important center for business, education, tourism, and trade.

The launch of the Lahore service is expected to provide passengers with another travel option between Pakistan and Saudi Arabia. It could also increase competition in the international aviation market by giving travelers greater choice when planning trips between the two countries.

Riyadh is a major destination for Pakistani travelers, including workers, businesspeople, students, and families. Saudi Arabia also attracts millions of visitors from Pakistan for religious, professional, and personal reasons.

The addition of Lahore to Riyadh Air’s network could therefore strengthen travel links between Punjab and the Saudi capital. Easier air connectivity can support both passenger movement and broader economic activity between the two markets.

The arrival of flight RX-676 at Allama Iqbal International Airport represents an important step in the airline’s expansion strategy in Pakistan. Lahore’s large population and strong commercial base make it a significant market for international airlines.

Riyadh Air is Saudi Arabia’s new national carrier and is developing an expanding international network as part of the Kingdom’s broader aviation and tourism ambitions. Its growing presence in Pakistan reflects the importance of the Pakistani market to Saudi Arabia’s regional connectivity plans.

For Pakistani passengers, the new Lahore route could make travel to Riyadh more convenient, particularly for travelers based in Punjab who previously had to consider alternative routes or airports.

The expansion may also benefit the wider aviation sector. New international routes can contribute to airport activity, tourism, business travel, and related services while increasing competition among airlines operating on important regional routes.

The launch follows Riyadh Air’s recent entry into the Pakistani market through Islamabad. Its move into Lahore so soon afterward highlights the airline’s focus on developing a stronger presence in Pakistan.

The new service also comes at a time when air connectivity between Pakistan and Saudi Arabia remains commercially important. Strong passenger demand has historically supported frequent travel between the two countries.

With Riyadh Air now serving both Islamabad and Lahore, Pakistani travelers have more options for connecting with Saudi Arabia through the airline’s expanding network.

The airline’s continued expansion in Pakistan will be closely watched as it develops its schedule and potentially considers additional destinations in the country. For now, the Lahore launch strengthens the growing aviation links between Pakistan and Saudi Arabia.

Interior Minister Removes 2 Officials After Surprise Passport Office Visit in Lahore

Federal Interior Minister Mohsin Naqvi has taken action against two officials following a surprise inspection of the Passport Office in Lahore’s Garden Town, where he expressed serious displeasure over poor arrangements, staff shortages, and long delays faced by citizens.

During his visit on Wednesday, Naqvi observed lengthy queues of passport applicants waiting for their turn. Several counters were reportedly operating without staff, creating further delays for people who had arrived to complete their passport-related procedures.

Citizens at the office complained about spending several hours waiting for their applications to be processed. Some applicants said they had reached the passport office early in the morning but were still waiting for their turn when the minister arrived.

The situation prompted the interior minister to take immediate notice of the administrative shortcomings. Naqvi expressed concern over the difficulties being faced by ordinary citizens and directed action against two officials following the inspection.

The surprise visit highlights growing attention toward the quality of public services provided at government offices. Passport offices handle a large number of applicants every day, making efficient staffing, organized queues, and timely processing essential for reducing public inconvenience.

For citizens, delays at passport offices can create significant problems, particularly for those who need travel documents for employment, education, business, family visits, or international travel. Long waiting times can also become more difficult for elderly applicants and people traveling from distant areas.

The minister’s inspection also underlines the importance of ensuring that designated counters remain operational during working hours. Adequate staffing can help distribute applicants more efficiently and reduce pressure on individual counters.

The action against the two officials indicates that the government is taking administrative performance at passport offices seriously. Surprise inspections can also help identify problems that may not be immediately visible through routine reporting systems.

The Lahore Garden Town Passport Office is among the public-facing facilities where citizens expect timely and organized services. Complaints about long queues and insufficient staffing can affect public confidence if they remain unresolved.

The latest development is therefore significant not only for the officials involved but also for citizens seeking improvements in passport services. Effective implementation of administrative directives will be important to ensure that similar problems are addressed across other passport offices.

The Interior Ministry’s focus on improving public service delivery could help reduce waiting times and make passport-related procedures more convenient for applicants. Citizens will likely be watching whether the measures taken after the inspection lead to lasting improvements at the facility.

For now, the removal of two officials following the surprise visit sends a clear message that poor arrangements, staff shortages, and unnecessary delays at public offices can attract direct administrative action.

Pakistan May Get Discounted 585W Solar Panels, But Buyers Should Think Twice Before Purchasing

Pakistan’s solar market could soon see an increased supply of discounted 585W solar panels as Chinese manufacturers and distributors move toward newer-generation modules and prepare for stricter efficiency requirements.

The lower prices may appear attractive to Pakistani consumers looking to reduce electricity costs through solar power. However, a cheap panel is not necessarily the best investment, especially when the discount is driven by manufacturers clearing older inventory.

The expected availability of discounted 585W panels could create opportunities for buyers on a limited budget. At the same time, consumers should carefully examine the technology, efficiency, warranty, condition, and long-term performance of any panel before making a purchase.

Solar technology is developing rapidly, with manufacturers continuously introducing modules that offer higher efficiency and improved power output. As newer products enter the market, older models can become less attractive even when they still provide usable electricity generation.

For Pakistani buyers, the headline wattage should not be the only factor considered when comparing solar panels. A 585W rating indicates the panel’s nominal power output under specified testing conditions, but actual electricity generation depends on efficiency, temperature, sunlight, installation angle, system design, and other environmental factors.

Efficiency is particularly important when roof space is limited. A higher-efficiency panel can generate more electricity from the same available area, potentially making it a better choice for households and businesses with restricted installation space.

Buyers should also check the panel’s warranty and the reputation of the manufacturer. A significant discount may not represent good value if after-sales support is weak or if obtaining warranty service becomes difficult.

Another important consideration is whether the panels are new, genuine, unused inventory or older stock that has been stored for a long period. Consumers should ask sellers for product specifications, serial numbers, warranty documentation, and other relevant information before making a purchase.

Storage conditions can also matter. Solar panels are designed for long-term outdoor use, but poor storage or transportation practices can potentially damage components or affect the condition of the modules.

The arrival of discounted 585W panels could therefore benefit consumers if the products are genuine, properly stored, appropriately warranted, and sold at a price that reflects their specifications and remaining market value.

However, buyers should avoid making a decision based solely on a low price or a high wattage figure. Comparing efficiency, degradation rates, warranty terms, manufacturer reputation, and total system costs can provide a much clearer picture of whether a solar panel is actually a good deal.

Pakistan’s growing interest in solar energy is being driven in part by the desire of households and businesses to reduce dependence on expensive grid electricity. As demand for solar systems expands, consumers are likely to encounter a wider range of panels at different prices and specifications.

For anyone considering discounted 585W solar panels, the best approach is to verify the product before purchasing rather than assuming that a clearance price automatically represents savings.

The potential arrival of cheaper older-generation panels may be good news for some buyers, but consumers should carefully evaluate what they are buying. A slightly more expensive newer-generation panel could offer better efficiency, warranty support, and long-term value.

H.E. Nasser Abdulla Hussain Lootah Commits Additional PKR 10 Billion in Equity to Bank Makramah

The additional investment by the Sponsor will take his aggregate equity investment and capital contribution in the Bank to PKR 51 billion. The proposed PKR 10 billion injection will be funded directly by His Excellency Nasser Abdulla Hussain Lootah, without bringing in any new investors.

Karachi, August 18, 2026 – Bank Makramah Limited (BML) announced today that its Board of Directors has approved a proposal for an additional PKR 10 billion equity investment by the Bank’s Sponsor, H.E. Nasser Abdulla Hussain Lootah. The investment, to be made as an advance against equity, remains subject to the requisite regulatory and corporate approvals.

The further Sponsor investment is being Exclusively arranged by His Excellency, demonstrating his strong confidence in the Bank, its turnaround journey and long-term potential. This continued backing provides the Bank with a stronger financial foundation and allows management to remain focused on accelerating its transformation, strengthening the business and pursuing sustainable long-term growth.

Upon completion, His Excellency’s aggregate investment in the Bank will reach PKR 51 billion, reflecting a sustained and decisive commitment to the Bank’s transformation and long-term growth. This journey began with the initial PKR 10 billion capital injection, which paved the way for the acquisition of a majority stake in April 2023. This was followed by a further PKR 5 billion investment, currently held as an advance against equity. The landmark merger with Global Haly Development Limited subsequently contributed PKR 26.467 billion to the Bank’s capital base, alongside the integration of the high-value Creekside Property. With the proposed additional investment of PKR 10 billion, His Excellency is once again reinforcing his confidence in the Bank and strengthening its capital base to support its continued growth and future potential.

The latest capital commitment further reinforces the Sponsor’s sustained support for the Bank’s recapitalisation, financial strengthening and transformation. It will provide BML with a stronger financial foundation as management continues to strengthen the business and pursue sustainable, long-term growth.

The Sponsor’s continued and increasing investment represents a strong vote of confidence in BML’s management, turnaround strategy and future development as a growing Islamic banking institution.

Govt Increases Petroleum Dealers’ Margin by 15.5% Effective September 1

The government has approved an increase in the petroleum dealers’ margin on motor gasoline and high-speed diesel, raising the amount dealers receive by Rs. 1.34 per liter from September 1, 2026.

The Economic Coordination Committee (ECC) approved a 15.5 percent increase in the dealers’ margin, taking it from Rs. 8.64 per liter to Rs. 9.98 per liter.

The decision follows a prolonged dispute between petroleum dealers and the government over the implementation of the revised margin. The increase had remained pending for several months despite earlier approval.

The Pakistan Petroleum Dealers Association had announced a nationwide strike starting August 15 in response to the delay. The proposed strike was later called off after discussions and developments surrounding the implementation of the margin increase.

The latest decision is expected to provide relief to petroleum dealers who had been seeking implementation of the revised margin. However, the change also raises questions about its potential impact on the overall pricing structure of petroleum products in Pakistan.

The dealers’ margin revision was originally approved by the ECC in December 2025. Its implementation was subsequently linked by the federal cabinet to the Oil and Gas Regulatory Authority’s progress toward meeting digitization targets.

The delay became a major point of disagreement between petroleum dealers and government authorities. Dealers argued for the implementation of the approved margin, while the government maintained conditions related to regulatory and digital reforms.

With the new decision, the petroleum dealers’ margin will increase by Rs. 1.34 per liter. The revised margin of Rs. 9.98 will apply to both motor gasoline and high-speed diesel from September 1, according to the decision.

Petroleum dealers play a central role in Pakistan’s fuel distribution network, operating thousands of retail outlets across the country. Their margins are therefore an important component of the petroleum pricing structure.

The increase comes as consumers continue to closely monitor petrol and diesel prices because changes in fuel costs can affect transportation expenses, logistics, and the prices of goods and services.

It is important to distinguish the dealers’ margin from the overall retail price of petrol or diesel. A change in the margin does not automatically mean that the entire Rs. 1.34 per liter will be added directly to the consumer price in isolation, as final petroleum prices are determined through the broader pricing mechanism.

The government’s decision also brings an end to a dispute that had continued since the original ECC approval in December 2025. The implementation of the revised margin is now scheduled to begin on September 1, 2026.

For petroleum dealers, the move represents the implementation of a long-delayed financial adjustment. For consumers, attention will remain focused on how the revised margin is reflected in future fuel price calculations.

Electricity Bills Likely to Increase Again as CPPA Seeks Rs. 2.52 Per Unit Fuel Adjustment

Electricity consumers in Pakistan could face another increase in power bills as the Central Power Purchasing Agency (CPPA) has requested a Rs. 2.52 per unit adjustment from the National Electric Power Regulatory Authority (NEPRA) for electricity consumed in July.

The request has been submitted under the monthly Fuel Price Adjustment (FPA) mechanism, which allows electricity prices to be revised based on changes in the cost of fuel used for power generation.

NEPRA has scheduled a public hearing on the CPPA request for August 27. The regulator will review the figures and other relevant details before deciding whether the proposed adjustment should be approved, modified, or rejected.

If approved in its requested form, the Rs. 2.52 per unit increase would add to the financial burden on electricity consumers already dealing with high monthly power bills. The final impact, however, will depend on NEPRA’s decision following the hearing.

According to the CPPA’s request, power generation costs remained high for several fuel sources during July. Electricity produced from diesel was reported to have cost around Rs. 50 per unit.

Imported coal was even more expensive, with the cost of electricity generated through this fuel reaching Rs. 54.47 per unit. Meanwhile, electricity produced using imported liquefied natural gas (LNG) cost Rs. 47.37 per unit.

These generation costs are an important factor in the monthly adjustment process because changes in fuel prices can affect the amount consumers ultimately pay through their electricity bills.

The proposed adjustment comes at a time when electricity pricing remains a major concern for households, businesses, and industries across Pakistan. Rising power costs can increase household expenses while also adding to operating costs for businesses and manufacturers.

The Fuel Price Adjustment mechanism is used to account for fluctuations in the cost of electricity generation. Depending on changes in fuel prices, generation costs, and other factors, consumers may see additional charges or adjustments reflected in their bills.

The upcoming NEPRA hearing will therefore be closely watched by electricity consumers and business groups. A decision on the CPPA’s request will determine whether the proposed Rs. 2.52 per unit adjustment is passed on to consumers.

For consumers, the key question will be how much the proposed increase could affect their next electricity bills. The impact will vary depending on electricity consumption and the applicable billing structure.

The development also highlights Pakistan’s continued dependence on different fuel sources for electricity generation, including imported coal, LNG, and diesel. Changes in international fuel prices and generation costs can therefore have a direct impact on the country’s electricity pricing structure.

Until NEPRA announces its decision, the proposed Rs. 2.52 per unit increase should be treated as a requested adjustment rather than a confirmed increase. The regulator’s August 27 hearing is expected to provide further clarity on the final electricity tariff adjustment for July.

Gold Rises Back Above Rs. 4.6 Lakh in Pakistan

Gold prices in Pakistan started the new week on a stronger note, with the price of one tola rising by Rs. 2,000 and moving back above the Rs. 4.6 lakh mark.

According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of one tola of gold increased to Rs. 461,936. The local market followed a similar upward movement in international gold prices on Monday.

The latest increase comes as gold continues to attract attention from investors, jewelers and consumers amid changing conditions in global financial markets. International gold prices have a direct influence on domestic bullion rates in Pakistan.

The price of 10-gram gold also recorded a significant increase during the session. It rose by Rs. 1,715 to reach Rs. 396,035, according to the latest market figures.

Gold remains one of the most closely watched commodities in Pakistan. Changes in its price can affect consumers planning to purchase jewelry, investors holding physical gold and families preparing for weddings or other major occasions.

The rise above Rs. 460,000 per tola also highlights how elevated gold prices have become in the Pakistani market. Even relatively small daily movements can translate into substantial differences for buyers purchasing larger quantities.

International gold prices remain an important factor behind local price movements. Since gold is traded globally in US dollars, changes in international bullion prices and currency conditions can both influence the price of gold in Pakistan.

The domestic gold market is also closely monitored by investors looking for alternative stores of value. Gold has traditionally been considered a safe-haven asset, particularly during periods of economic uncertainty and market volatility.

For jewelry buyers, however, higher bullion prices can increase the overall cost of purchases. The final price of gold jewelry can also include making charges and other costs, meaning the amount paid by consumers may be higher than the quoted market rate for gold.

The latest figures from APGJSA provide an important reference for the local bullion market as the new trading week begins. Market participants will continue watching international gold prices for indications of where domestic rates could move next.

Silver prices also increased alongside gold at the start of the week, showing broader strength across the precious metals market.

With gold once again trading above Rs. 4.6 lakh per tola, consumers and investors in Pakistan are likely to remain focused on daily price movements. Future changes will depend on international bullion trends, currency movements and developments in global and domestic markets.

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