News
FFC Joins Arif Habib Consortium to Acquire 100% Stake in PIA
Fauji Fertilizer Company Limited has officially joined a consortium led by Arif Habib Corporation Limited to acquire full ownership of Pakistan International Airlines. The move marks a significant development in Pakistan’s ongoing efforts to restructure and privatize its national carrier. The consortium has established a special purpose vehicle named PIA Equity Limited, which will serve […]
PSO Profit Surges 150% to Rs. 38.1 Billion in 9MFY26
Pakistan State Oil (PSO) has reported a massive jump in profitability for the nine months ending March 31, 2026, showcasing strong financial resilience despite a volatile energy market. The company posted a net profit of Rs. 38.1 billion, marking an impressive 149 percent increase compared to Rs. 15.3 billion in the same period last year. […]
Rupee Strengthens Against Pound and Euro, Extends Long Winning Run Against Dollar
The Pakistani Rupee continued its upward trajectory in the currency market, closing stronger against major global currencies while extending its remarkable streak against the US Dollar. On Tuesday, the rupee appreciated for the 149th consecutive session against the dollar, signaling sustained stability in the local foreign exchange market. According to market data, the rupee settled […]
Government College University Opens 3,000 Seats for Intermediate Admissions
Government College University has announced the availability of 3,000 seats for intermediate admissions, offering fresh opportunities for students across multiple academic streams. The intake includes an additional 300 seats at its Kala Shah Kaku campus, expanding access for aspiring candidates. The Kala Shah Kaku (KSK) campus will accommodate students in key disciplines such as pre-medical, […]
Pakistan Ports Handle Over 179,000 Tons of Cargo Amid Strait of Hormuz Tensions
Maritime trade activity in Pakistan remained steady as major ports collectively handled 179,335 metric tons of cargo in a single day, despite heightened regional uncertainty linked to tensions around the Strait of Hormuz. The performance highlights the resilience of Pakistan’s shipping and logistics sector at a time when global supply chains continue to face geopolitical […]
SBP Relaxes Forex Rules to Accelerate Energy Imports Amid Rising Demand
The State Bank of Pakistan (SBP) has introduced new measures to ease foreign exchange regulations, aiming to streamline the import of essential energy resources. The move comes as Pakistan navigates global market volatility and increasing domestic energy requirements. In a recent circular issued to authorized dealers, the central bank allowed commercial banks to issue financial […]
KP Government Holds Assembly Session at Cricket Stadium in Unprecedented Move
In a rare and symbolic move, the Khyber Pakhtunkhwa Government convened a provincial assembly session at the Imran Khan Cricket Stadium in Peshawar. The session began at 3 PM, marking a historic departure from traditional legislative venues. Officials described the decision as unprecedented in the province’s parliamentary history. Holding the session in a public and […]
Pakistan Navy Successfully Tests Taimoor Air-Launched Cruise Missile, Showcasing Enhanced Strike Capability
The Pakistan Navy has successfully conducted a live firing of the Taimoor Air-Launched Cruise Missile, marking a significant advancement in the country’s indigenous defense capabilities. The test demonstrated precision strike performance and reinforced the Navy’s operational readiness in maritime security. According to official details, the air-launched cruise missile executed its mission with high accuracy, effectively […]
Pakistan Cement Sector Unlocks $700 Million Investment for Seven New Plants
Pakistan’s cement industry is set for a major expansion as the Special Investment Facilitation Council (SIFC) clears regulatory hurdles to enable the establishment of seven new plants. The projects, collectively valued at around $700 million, mark a significant step toward boosting industrial capacity and attracting fresh investment. The initiative comes after the Special Investment Facilitation […]
Govt Disburses Rs. 38 Billion to Stabilize Petrol Prices Under PDC Mechanism
The Oil and Gas Regulatory Authority has processed the disbursement of approximately Rs. 38 billion to oil marketing companies as part of the government’s efforts to maintain stable petrol prices across Pakistan. The payments have been made under the Price Differential Claims (PDC) mechanism, a system designed to compensate companies for selling petroleum products below […]