International oil prices have climbed above $90 per barrel again, increasing the possibility of another…
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Pearl Continental Owner Clarifies Hotel Business Split Rumors
Pakistan Services Limited, the owner and operator of Pearl Continental Hotels, has addressed reports circulating on social media about a possible split of its hotel business. The company has denied having any knowledge of the reported development, saying it had not received information regarding an alleged breakup of the business. In a clarification submitted to […]
The Modern Hospital Group Holds Groundbreaking Ceremony for Trauma Centre in DHA City Karachi
KARACHI: The Modern Hospital Group continues to expand its network of healthcare projects across Sindh. Following ongoing initiatives in Hyderabad, Gharo, Islamkot, Mithi, and Sukkur, the network marked a major milestone on September 6, 2026, with the groundbreaking ceremony for The Modern Hospital Trauma Centre in DHA City Karachi. Addressing the ceremony as Chief Guest, […]
PC Hotels May Be Divided Between Thatta Cement and Fauji Foundation Under Proposed Settlement
Pakistan Services Limited (PSL), the company behind Pakistan’s Pearl Continental (PC) hotel chain, could see five of its hotel properties divided between Thatta Cement and Fauji Foundation under a proposed out-of-court settlement. The potential arrangement comes after more than a year of legal disputes involving ownership and voting rights in Pakistan Services. The dispute centers […]
Uzbekistan’s Centrum Air Launches Direct Flights Between Tashkent and Karachi
Uzbekistan’s Centrum Air has expanded its operations in Pakistan by launching regular direct flights between Tashkent and Karachi, strengthening air connectivity between the two countries. The new route is expected to provide additional travel options for passengers while supporting tourism, business, trade and stronger people-to-people connections between Pakistan and Uzbekistan. The inaugural flight from Tashkent […]
Punjab CM Maryam Nawaz Orders Drainage and Sewerage Upgrades in 3,500 Villages
Punjab Chief Minister Maryam Nawaz Sharif has directed authorities to speed up work under the Model Village Project, with a focus on improving drainage and sewerage systems in rural areas across the province. The directive was issued during a special meeting chaired by the chief minister to review progress on the Model Village Project and […]
Maple Leaf Cement Approves Merger with Pioneer Cement, Pending Regulatory and Shareholder Approval
Maple Leaf Cement Factory Limited (PSX: MLCF) has approved a proposed merger with Pioneer Cement Limited (PSX: PIOC), marking a significant development for Pakistan’s cement industry. The merger scheme was approved by Maple Leaf Cement’s board at its meeting on September 2, 2026. The transaction will still require approval from shareholders, the Lahore High Court […]
48 Islamabad Hospitals Fined Rs. 14 Million Over Fire Safety Violations
The Capital Development Authority (CDA) has fined 48 public and private hospitals and medical centers in Islamabad over inadequate fire and life safety arrangements, following the tragic incident at the Pakistan Institute of Medical Sciences (PIMS). According to available records, the civic body imposed fines totaling Rs. 14.05 million after inspections identified shortcomings in fire […]
Punjab Seals 1,415 Illegal Clinics in Province-Wide Anti-Quackery Drive
The Punjab Healthcare Commission (PHC) has sealed 1,415 illegal treatment centres across Punjab as part of an intensified province-wide campaign against quackery and unauthorised medical practices. The enforcement action was carried out over a six-week period by the commission’s Anti-Quackery Department. Officials conducted thousands of raids to identify facilities operating without proper authorization or qualified […]
Hub Power FY26 Profit Rises to Rs. 48.6 Billion on Stronger BYD Contribution
Hub Power Company Limited (PSX: HUBC) has reported a strong financial performance for fiscal year 2026, with its profit after tax (PAT) reaching Rs. 48.6 billion. The result represents an 8 percent increase from the Rs. 46 billion recorded in the previous fiscal year. The improved annual earnings were supported by stronger contributions from the […]
Mianwali Green Electric Bus Service Suspended After Charging Terminal Power Failure
Punjab’s Green Electric Bus Service has been suspended on several routes in Mianwali after a power failure at the bus charging terminal disrupted the charging system needed to operate the electric fleet. According to sources, the electricity system at the charging facility stopped functioning, leaving the buses without access to the power required for regular […]