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Tag: Pakistan News

CDA Gives Illegal Housing Scheme Another Chance After Rs. 7.36 Lakh Fine
BusinessEconomyNews
bywebdeskJuly 23, 2026July 23, 2026

CDA Gives Illegal Housing Scheme Another Chance After Rs. 7.36 Lakh Fine

The Capital Development Authority (CDA) has granted another opportunity to the management of Shaheen Town Phase-IV after de-sealing its office…

Gold Prices Near Rs. 4.4 Lakh Per Tola Again as Pakistan Sees Fourth Consecutive Increase
BusinessEconomyNews
bywebdeskJuly 22, 2026July 22, 2026

Gold Prices Near Rs. 4.4 Lakh Per Tola Again as Pakistan Sees Fourth Consecutive Increase

Gold prices in Pakistan continued their upward trend on Wednesday, rising for the fourth consecutive day amid another increase in…

Oil Prices Surge Above $95 Per Barrel as US-Iran Tensions Shake Global Energy Markets
BusinessEconomyNews
bywebdeskJuly 22, 2026July 22, 2026

Oil Prices Surge Above $95 Per Barrel as US-Iran Tensions Shake Global Energy Markets

Global oil prices climbed above $95 per barrel on Wednesday as escalating tensions between the United States and Iran sparked…

FBR Proposes Independent Scrutiny Committees to Ensure Only Strong Tax Cases Reach Higher Courts
BusinessEconomyNews
bywebdeskJuly 22, 2026July 22, 2026

FBR Proposes Independent Scrutiny Committees to Ensure Only Strong Tax Cases Reach Higher Courts

The Federal Board of Revenue (FBR) has proposed a significant reform aimed at improving Pakistan’s tax litigation process by ensuring…

Rs. 8.9 Billion Bid Wins Contract for Islamabad’s Largest Cricket Stadium
CricketEconomyEntertainmentNewsSports
bywebdeskJuly 21, 2026July 21, 2026

Rs. 8.9 Billion Bid Wins Contract for Islamabad’s Largest Cricket Stadium

Pakistan is a step closer to building its largest cricket stadium after the Capital Development Authority (CDA) opened the financial…

Mari Energies Rejects $19 Million Lawsuit, Defends Contract Termination Decision
BusinessEconomyNews
bywebdeskJuly 21, 2026July 21, 2026

Mari Energies Rejects $19 Million Lawsuit, Defends Contract Termination Decision

Mari Energies Limited (PSX: MARI) has firmly rejected allegations surrounding a $19 million lawsuit filed by Singapore-based Petrosin CNG (Pvt.)…

SBP Expected to Hold Interest Rate at 11.5% as Market Sees Stable Monetary Policy
BusinessEconomyNews
bywebdeskJuly 21, 2026July 21, 2026

SBP Expected to Hold Interest Rate at 11.5% as Market Sees Stable Monetary Policy

Pakistan’s financial markets are widely expecting the State Bank of Pakistan (SBP) to maintain its benchmark policy rate at 11.5…

Gold Prices Rise for Third Consecutive Day in Pakistan
BusinessEconomyLifestyleNewsTips & Tricks
bywebdeskJuly 20, 2026July 20, 2026

Gold Prices Rise for Third Consecutive Day in Pakistan

Gold prices continued their upward trend in Pakistan on Monday, marking the third consecutive day of gains as international bullion…

FIA Arrests Former FESCO CEOs in Alleged Rs12 Billion Electricity Fraud Case
BusinessEconomyLifestyleNews
bywebdeskJuly 20, 2026July 20, 2026

FIA Arrests Former FESCO CEOs in Alleged Rs12 Billion Electricity Fraud Case

The Federal Investigation Agency (FIA) has arrested two former chief executive officers of the Faisalabad Electric Supply Company (FESCO) in…

Pakistan Forms National Group to Prepare for WRC-27 Spectrum Talks
BusinessDigitalNewsTechnology
bywebdeskJuly 20, 2026July 20, 2026

Pakistan Forms National Group to Prepare for WRC-27 Spectrum Talks

Pakistan has taken an important step toward strengthening its future telecommunications strategy by establishing a National Preparatory Group (NPG) for…

PDMA Issues GLOF Alert for Upper KP as Heavy Rains Raise Flood Risk
NewsTP
bywebdeskJuly 18, 2026July 18, 2026

PDMA Issues GLOF Alert for Upper KP as Heavy Rains Raise Flood Risk

The Provincial Disaster Management Authority (PDMA) has issued a Glacial Lake Outburst Flood (GLOF) alert for several upper districts of…

Pakistani Researcher Bilal Mustafa Wins Prestigious International Wildlife Conservation Award
EntertainmentEventsLifestyleNews
bywebdeskJuly 18, 2026July 18, 2026

Pakistani Researcher Bilal Mustafa Wins Prestigious International Wildlife Conservation Award

Pakistani researcher Bilal Mustafa has earned international recognition after receiving the Young Researcher of the Year Opinion Award from the…

Pakistan’s Foreign Direct Investment Drops 94% in June 2026
BusinessEconomyNewsTrending
bywebdeskJuly 17, 2026July 17, 2026

Pakistan’s Foreign Direct Investment Drops 94% in June 2026

Pakistan witnessed a sharp decline in foreign investment as net Foreign Direct Investment (FDI) fell to just $14 million in…

Electricity Generation Costs Rise 14% in Pakistan as RLNG and Furnace Oil Prices Climb
EconomyLifestyleNewsTips & Tricks
bywebdeskJuly 17, 2026July 17, 2026

Electricity Generation Costs Rise 14% in Pakistan as RLNG and Furnace Oil Prices Climb

Pakistan’s average fuel cost for electricity generation increased by 14 percent year-on-year in June 2026, reflecting higher expenses associated with…

Concerns Raised Over Karachi’s New Disco Bakery Flyover as K-IV Pipeline Questions Emerge
BusinessEconomyNewsTravel
bywebdeskJuly 17, 2026July 17, 2026

Concerns Raised Over Karachi’s New Disco Bakery Flyover as K-IV Pipeline Questions Emerge

Karachi’s upcoming Disco Bakery flyover project has sparked debate even before construction begins, with experts, officials, and residents questioning whether…

Pakistan Customs Denies Import Clearance Delays, Says No Fuel Shortage Risk
BusinessEconomyMarketingNewsTrending
bywebdeskJuly 16, 2026July 16, 2026

Pakistan Customs Denies Import Clearance Delays, Says No Fuel Shortage Risk

Pakistan Customs has dismissed reports suggesting delays in the clearance of imported petroleum products, stating that there are no pending…

Pakistan’s Textile Industry Faces Mounting Challenges as Export Growth Stalls
BusinessEconomyMarketingNews
bywebdeskJuly 16, 2026July 16, 2026

Pakistan’s Textile Industry Faces Mounting Challenges as Export Growth Stalls

Pakistan’s textile sector, the country’s largest source of US dollar earnings, is facing increasing pressure as industry leaders call for…

PSX Fertilizer Companies Likely to Report 20% Profit Decline in Q2 2026 as Sales Slow
BusinessDigitalEconomyMarketingNewsTrending
bywebdeskJuly 16, 2026

PSX Fertilizer Companies Likely to Report 20% Profit Decline in Q2 2026 as Sales Slow

Pakistan’s listed fertilizer companies are expected to witness a challenging second quarter of 2026, with profits projected to decline by…

PM Shehbaz Directs FBR to Strengthen Engagement With Karachi Business Community
BusinessEconomyNews
bywebdeskJuly 15, 2026July 15, 2026

PM Shehbaz Directs FBR to Strengthen Engagement With Karachi Business Community

Prime Minister Shehbaz Sharif has directed senior officials of the Federal Board of Revenue (FBR) to visit Karachi during the…

PM Shehbaz Sharif Orders Full Digitization of Overseas Remittances to Promote Digital Payments
BusinessDigitalEconomyNewsTips & Tricks
bywebdeskJuly 14, 2026July 14, 2026

PM Shehbaz Sharif Orders Full Digitization of Overseas Remittances to Promote Digital Payments

Prime Minister Shehbaz Sharif has directed authorities to take steps toward making overseas remittances 100 percent digital as part of…

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