CDA Approves Rs. 152 Billion Budget, Highest in Its History
The Capital Development Authority (CDA) has approved a record Rs. 152 billion budget for the fiscal year 2026-27, marking the…
Category: Business
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…
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…
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,…
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…
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…
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…
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…
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…
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…
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…
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…
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…