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…
Category: Business
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…
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…
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…
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…
Agritech Restarts Urea Production After SNGPL Restores Gas Supply
Agritech Limited (PSX: AGL) has resumed urea production after Sui Northern Gas Pipelines Limited (SNGPL) restored gas supplies to the…
Investors Seek Dollar Payments and Contract Protection in Pakistan DISCO Privatization
Prospective investors interested in buying three of Pakistan’s major power distribution companies are seeking stronger financial protections before moving forward…
Govt Fails to End Transporters Strike Ahead of Independence Day
The nationwide goods transporters’ strike has entered its sixth day, with government efforts to resolve the dispute yet to produce…
Government Raises High-Speed Diesel Price by Rs. 1.39 Per Liter
The government has increased the price of high-speed diesel by Rs. 1.39 per liter, effective August 12, despite a slight…
SECP Launches Shariah-Compliant Brokerage Segment for Pakistan Stock Market
Pakistan’s capital market has taken a significant step toward expanding Islamic investment opportunities with the launch of a Shariah-compliant brokerage…
Business Leaders Urge Government to Build More Predictable Tax System
Business leaders have called on the federal government to introduce a more predictable and transparent tax system, arguing that greater…
Gulshan-i-Iqbal Town Signs Sister-Town Agreement With Turkish Municipalities to Boost Urban Cooperation
Gulshan-i-Iqbal Town Municipal Corporation (TMC) has entered into a sister-town agreement with two municipalities in Türkiye’s Kastamonu province, opening a…
WorldCall Announces 10-for-1 Stock Split Following Capital Reduction
WorldCall Telecom Limited has completed a court-approved capital restructuring that has changed the nominal value of its ordinary shares from…
LESCO System Outage Delays New Electricity Connections
A prolonged technical issue in the Lahore Electric Supply Company’s (LESCO) Enterprise Resource Planning (ERP) system has disrupted operations and…
PTCL and PPAF Provide Safe Drinking Water to 150,000 People Ahead of Pakistan’s 79th Independence Day
Pakistan Telecommunication Company Limited (PTCL), in collaboration with the Pakistan Poverty Alleviation Fund (PPAF), has completed a major clean drinking…
Mari Energies Reports Record Rs. 87.1 Billion Profit for FY2026, Announces Higher Dividend
Mari Energies Limited has posted its highest-ever annual profit, reporting a standalone net profit of Rs. 87.1 billion for the…
Oil Prices Rise After Pakistan’s Defense Cooperation With Saudi Arabia and Turkey Amid Middle East Tensions
International oil markets moved higher after Pakistan, Saudi Arabia, and Turkey announced a new defense cooperation agreement, while renewed security…
Mughal Steel Raises Rs. 2 Billion Through Sukuk Issuance to Support Business Expansion
Mughal Iron & Steel Industries Limited (PSX: MUGHAL) has successfully raised Rs. 2 billion through the issuance of its Sukuk…
SECP Registers Record 5,438 New Companies in July as Pakistan’s Business Confidence Strengthens
Pakistan’s corporate sector reached a historic milestone as the Securities and Exchange Commission of Pakistan (SECP) recorded its highest-ever monthly…
Gold Prices Surge by Rs. 10,000 Per Tola in Pakistan Amid Global Market Rally
Gold prices in Pakistan witnessed a significant jump on Wednesday, with the precious metal becoming Rs. 10,000 more expensive per…