Dada Partners (Private) Limited acted as the exclusive financial advisor to Amreli Steels Limited, in what was one of the largest and most complicated financial restructurings in recent history. The Master Restructuring Agreement (“MRA”) of Amreli Steels Limited was successfully executed on 14 October 2025. The MRA covers PKR 22.6 billion of debt, and has […]
Pakistan recorded a strong inflow of $3.4 billion in remittances from overseas workers in October 2025, reflecting a 12% year-on-year increase, according to the State Bank of Pakistan (SBP). The surge highlights the continued trust and contribution of overseas Pakistanis in supporting the country’s economy amid global financial challenges, reported 24NewsHD TV on Friday. The […]
Karachi, November 6, 2025 — THE FUTURE SUMMIT (TFS) 9th Edition continued its second day in Karachi with a forward-looking agenda centered on geo-politics, sustainability, responsible leadership, and financial transformation. Following a high-energy opening day focused on economic course-correction, institutional renewal, and technology-led growth, Day Two deepened the debate around long-term value creation with discussions […]
Karachi, November 5, 2025 — Following an impactful inaugural session with keynotes by Chief Minister Sindh, Syed Murad Ali Shah; Federal Ministers for Finance, and Climate Change; Governor KP, Faisal Karim Kundi; and corporate leadership, THE FUTURE SUMMIT (TFS) 9th Edition continued its first day with high-level strategic conversations, bringing global context and local urgency […]
President Asif Ali Zardari has arrived in the Qatari capital, Doha, on an official visit to participate in the World Social Development Conference, reported 24NewsHD TV Channel on Tuesday. Upon arrival at Hamad International Airport, President Zardari and his accompanying delegation were warmly received by senior Qatari officials and Pakistan’s ambassador to Qatar. During his […]
A Milestone Recognition for Pakistan In a significant acknowledgment of Pakistan’s growing influence in the digital finance landscape, Bilal Bin Saqib has been named among the global crypto power players by The Wall Street Journal (WSJ). The recognition places him alongside some of the world’s most influential figures in blockchain and cryptocurrency, highlighting his leadership […]
Initial exploration phase to bring $80 million investment; total investment may reach $1 billion Pakistan has achieved a major breakthrough in its offshore oil and gas sector after nearly two decades, awarding 23 offshore exploration blocks to four local-led consortia, some partnered with international firms, including Turkiye’s national oil company TPAO. The development marks a […]
Five out of seven cancelled flights belonged to international carriers Foreign airlines outnumbered local carriers in flight cancellations at Karachi’s Jinnah International Airport on Thursday, as five out of seven scheduled flights were grounded due to technical and operational issues, according to a report by 24NewsHD TV. Airport officials confirmed that both regional and long-haul […]
Karachi’s new e-challan system has issued 4,301 traffic fines in a single day, with the majority targeting drivers who failed to wear seat belts, according to the latest report from the Karachi Traffic Police. As per details shared by DIG Traffic Pir Muhammad Shah, most of the violations were related to basic safety negligence. Out […]
Strengthening Economic Partnership Prime Minister Shehbaz Sharif and Saudi Crown Prince Mohammed bin Salman have agreed to launch a comprehensive Economic Cooperation Framework to enhance trade and investment relations between Pakistan and Saudi Arabia. The agreement, announced in a joint statement issued on the sidelines of the Future Investment Initiative (FII9) conference in Riyadh, underscores […]
Karachi Traffic Police issued e-challans worth more than Rs12.5 million in just six hours after the implementation of the city’s new digital traffic enforcement system, according to an initial report shared by officials on Tuesday. The rapid enforcement drive marks the first major rollout of Karachi’s automated e-challan system, designed to improve road safety, ensure […]
بینک مکرّمہ لمیٹڈ (بی ایم ایل) نے شاندار مالیاتی بحالی کا سلسلہ جاری رکھتے ہوئے تیس ستمبر دو ہزار پچیس کو ختم ہونے والے نو ماہ کے دوران قبل از ٹیکس ایک ارب پچھتر کروڑ روپے منافع ظاہر کیا ہے، جو گزشتہ سال کے اسی عرصے میں پانچ ارب پانچ کروڑ روپے کے نقصان کے […]
Prime Minister Shehbaz Sharif met Saudi Crown Prince and Prime Minister Mohammed bin Salman in Riyadh, reaffirming the long-standing friendship and strategic partnership between Pakistan and Saudi Arabia. The meeting focused on expanding cooperation in trade, investment, energy, and economic development. In a post shared on X (formerly Twitter), Prime Minister Shehbaz wrote, “It was […]
Gold prices in Pakistan continued their downward trend on Monday, mirroring declines in the international market. According to data released by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 24-karat gold per tola fell by Rs. 3,300, settling at Rs. 430,362. Similarly, the price of 10 grams of gold dropped by Rs. […]
Walee Financial Services has earned official certification from the Securities and Exchange Commission of Pakistan (SECP) as a fully Shariah-compliant Non-Banking Financial Company (NBFC)—a distinction achieved by only a select few institutions operating entirely under Islamic finance principles. This milestone marks Walee Financial Services as the first and only NBFC in Pakistan’s digital nano-financing sector […]
Record Rs130 Billion Collected from Salaried Individuals Pakistan’s salaried class has achieved a record milestone by contributing Rs130 billion in taxes during the first quarter (July–September) of the fiscal year 2025–26, according to fresh data released by the Federal Board of Revenue (FBR). The figure marks a substantial rise from Rs110 billion recorded in the […]
Karachi, 21 October 2025: The National Electric Power Regulatory Authority (NEPRA) has issued its decision on the motions for leave for review filed by various parties concerning K-Electric’s Multi-Year Tariff (MYT) determinations for the control period of FY’24 – FY’30. The decision covers several key areas, including the MYT determination for KE’s Generation Power Plants, […]
The Oil and Gas Regulatory Authority (OGRA) has rejected recent reports suggesting a possible shortage of petrol and diesel in Pakistan, assuring the public that fuel supplies remain stable across the country. In an official statement issued on Tuesday, an OGRA spokesperson confirmed that while there had been a brief delay earlier in the week […]
Leadership Transition at NAB Karachi Shakeel Ahmad Durrani, a Grade-21 officer of the Police Service of Pakistan, has officially assumed charge as the Director General (DG) of the National Accountability Bureau (NAB) Karachi. His appointment marks the beginning of a new three-year term, following the completion of Javed Akbar Riaz’s tenure. The formal notification of […]
The Pakistan Stock Exchange (PSX) continued its upward momentum as the benchmark KSE-100 Index surged past the 168,000-point barrier, reflecting renewed confidence from investors and sustained buying across leading sectors. Market sentiment remained strong throughout the session, supported by improved economic indicators and healthy corporate earnings guidance. According to market analysts, fresh buying interest was […]
