06 Aug, 2026
1 min read

Government Ends Free Electricity Units for Power Sector Employees in Landmark Reform

In a significant policy shift, Pakistan’s Power Minister Awais Leghari has announced the abolition of free electricity units previously granted to power sector employees. The decision, described as a major reform, follows approval from the Lahore High Court and marks a turning point in the country’s energy governance. The minister shared the development on social […]

1 min read

Power Minister Announces Gradual Relief in Loadshedding Amid Ongoing 4,000MW Shortfall

Federal Minister for Power Awais Ahmad Khan Leghari has announced that electricity loadshedding will begin to ease from tonight, offering partial relief to consumers across the country. The statement comes despite Pakistan continuing to face a significant power shortfall of nearly 4,000 megawatts. The minister expressed regret over the inconvenience caused by prolonged power outages […]

1 min read

Finance Minister Pushes Cashless Economy Vision in Key Mastercard Meeting

Muhammad Aurangzeb advanced Pakistan’s push toward a cashless economy during a high-level meeting with Tucker Foote, Chief Government Affairs Officer at Mastercard. The discussion took place in Washington, D.C. on the sidelines of the World Bank IMF Spring Meetings 2026. The meeting centered on accelerating digital payments and expanding financial inclusion across Pakistan. Both sides […]

2 mins read

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 […]

2 mins read

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 […]

2 mins read

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 […]

2 mins read

Chinese Auto Giant GAC Enters Pakistan Through Strategic Partnership with Lucky Motor

Pakistan’s automotive sector is set for a major تحول 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, […]

1 min read

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 […]

1 min read

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 […]

2 mins read

How to Watch PSL 11 Worldwide: Complete Broadcast and Streaming Guide

The Pakistan Super League 11 is officially underway, bringing a fresh wave of excitement for cricket fans across the globe. With the Pakistan Cricket Board expanding its international reach, PSL 11 is now more accessible than ever through a wide range of broadcast and streaming platforms. The 2026 edition marks a significant step forward in […]