Business
Raja Bazaar Uplift Project Enters Final Phase Ahead of June Inauguration
The uplift and beautification project at Raja Bazaar is steadily progressing, with authorities confirming that around 60 percent of the work has been completed. The initiative, led by the Rawalpindi Municipal Corporation, aims to modernize one of the city’s busiest commercial hubs. The project also covers improvements in the nearby Commercial Market area, focusing on […]
Fuel Relief for Pakistan as Petrol Tanker Arrives at Port Qasim After Ceasefire
In a key development for the country’s energy supply, a major petrol shipment has reached Port Qasim, offering potential relief amid fluctuating global oil markets. The arrival comes shortly after a ceasefire linked to tensions involving Iran, which had significantly impacted international oil prices. The tanker, identified as Corallo One, is carrying approximately 37,085 tonnes […]
SECP Partners With Banks and Fintech to Enable Instant Corporate Account Opening in Pakistan
In a major step toward digital transformation, the Securities and Exchange Commission of Pakistan has partnered with Askari Bank Limited and NayaPay to streamline the process of opening corporate bank accounts across Pakistan. The collaboration is formalized through Memoranda of Understanding (MoUs) aimed at reducing delays and simplifying procedures for newly registered businesses. Under this […]
UAE Fuel Prices Surge Up to 72% Amid Escalating Gulf Energy Pressures
Fuel prices in the United Arab Emirates have witnessed a sharp increase effective April 1, 2026, as global oil market volatility and rising geopolitical tensions continue to impact the region’s energy landscape. The price revision, confirmed by the UAE Fuel Price Committee, reflects significant hikes across all fuel categories. Diesel recorded the steepest jump, soaring […]
Chinese Auto Giant GAC Enters Pakistan Through Strategic Partnership with Lucky Motor
Pakistan’s automotive sector is set for a major تØول as Lucky Motor Corporation has announced an exclusive partnership with Guangzhou Automobile Group, formally bringing one of China’s largest vehicle manufacturers into the local market. The agreement marks a significant milestone for Pakistan’s evolving auto industry, particularly in the fast-growing electric vehicle segment. Under this collaboration, […]
Dubai Crude Surges 20% Above Brent as Supply Shock Hits Global Oil Markets
Global oil markets are witnessing an unusual shift as Dubai Crude trades at a significant premium over Brent Crude. Prices for Dubai crude have climbed to nearly $130 per barrel, reflecting mounting pressure from supply disruptions and geopolitical tensions. Recent analysis from Topline Securities indicates that Dubai crude is now trading more than 20 percent […]
Pakistan to Launch Unified Business Portal Under Digital Economy Enhancement Program
The Government of Pakistan is set to develop a Pakistan Business Portal as part of its Digital Economy Enhancement Project, aiming to streamline business registration, licensing, and compliance processes through a single digital platform. The initiative, spearheaded by the Board of Investment, is inviting consulting firms to submit expressions of interest for designing and implementing […]
Government Allocates Rs. 27 Billion to Offset Fuel Price Burden
The federal government has released Rs. 27 billion to the Oil and Gas Regulatory Authority to settle outstanding price differential claims, aiming to prevent an immediate increase in fuel prices for consumers across Pakistan. This financial support represents the first tranche from the Prime Minister’s Austerity Fund and has been issued on the directives of […]
GSMA Praises Pakistan’s 5G Strategy as Spectrum Auction Boosts Digital Future
The GSMA has commended Pakistan for its strategic approach to 5G deployment, highlighting the country’s focus on mid-band spectrum as a key factor for long-term digital growth. The latest spectrum auction is being viewed as a crucial milestone in accelerating Pakistan’s transition to next-generation connectivity. Pakistan recently concluded a multi-band auction, allocating a total of […]
K-Electric Appoints Shaheryar Chishty as Acting Chairman
K-Electric (KE) has announced the appointment of Shaheryar Arshad Chishty as acting chairman in the absence of Mark Skelton, according to a notice submitted to the Pakistan Stock Exchange on Wednesday. The development follows the board’s earlier decision to appoint Shaheryar Chishty as an alternate director to Mark Skelton, a move that became effective immediately […]