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…
Category: Economy
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…
Oil Prices Surge as Iran Attacks US Military Bases, Analysts Warn Brent Could Cross $100
Global oil markets witnessed sharp volatility after Iran launched missile attacks targeting multiple United States military bases across the region,…
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
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
Karachi’s upcoming Disco Bakery flyover project has sparked debate even before construction begins, with experts, officials, and residents questioning whether…
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…
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…
Pakistan’s Biggest Copper-Gold Mine Faces Possible Shutdown as Supply Disruptions Deepen
Pakistan’s largest operating copper and gold mine is at risk of suspending operations within the next month if the supply…
DADA PARTNERS ADVISES NISHAT GROUP ON THE LARGEST PRIVATE SECTOR CROSS-BORDER ACQUISITION OF A LISTED COMPANY IN PAKISTAN’S CORPORATE HISTORY
KARACHI: Dada Partners (Private) Limited acted as exclusive financial advisor to the Nishat Group on acquiring a controlling stake in…
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…
Soya Supreme Cooking Oil Maker Plans Rs. 2.6 Billion PSX IPO to Expand Operations
Agro Processors & Atmospheric Gases Limited, the company behind Pakistan’s well-known Soya Supreme cooking oil brand, is preparing to enter…
Pakistan’s Largest Coal Project Set for Major Expansion to Boost Energy Security
Pakistan’s largest coal mining initiative is preparing for another significant milestone as Sindh Engro Coal Mining Company (SECMC) gears up…
KP Sets Aside Rs. 38.68 Billion for 26 Development Projects in Haripur
The Khyber Pakhtunkhwa government has allocated Rs. 38.68 billion for 26 development projects in Haripur district under the Prosperous Khyber…
Global Oil Prices Jump 6% After Trump Declares Iran Ceasefire Over
Global oil prices climbed sharply on Wednesday after renewed tensions between the United States and Iran reignited concerns over energy…
