Major Power Plant Goes Offline After Transformer Fault at Hub Power Project
The Hub Power Company Limited (HUBCO) has reported a major electrical fault at Unit 1 of China Power Hub Generation Company Limited (CPHGC),…
PAKISTAN CENTRAL · THE ARCHIVE
Business News
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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…
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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…
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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…
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Nishat-Led Consortium Joins Bid to Acquire FESCO in Pakistan’s Privatization Drive
A powerful consortium of seven publicly listed Pakistani companies has entered the race to acquire the Faisalabad Electric Supply Company (FESCO), marking a…
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CCP Approves Lotte Group Restructuring with No Impact on Pakistan’s Food and Beverage Market
The Competition Commission of Pakistan (CCP) has granted approval for an internal corporate restructuring within South Korea’s Lotte Group after concluding that the…
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PTA Puts Hold on Ufone-Telenor Rebranding Amid Regulatory and Legal Review
Pakistan’s largest telecom merger has entered another important phase as the proposed rebranding of the merged Ufone and Telenor Pakistan mobile business faces…
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Rising Petroleum Levy Identified as Key Factor Behind Pakistan’s Inflation Surge
Pakistan’s recent return to double-digit inflation is increasingly being attributed to higher fuel taxation, with a new study suggesting that the government’s expanding…
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Pakistan Cement Sales Fall Over 21% in May as Construction Demand Remains Weak
Pakistan’s cement industry experienced a significant setback in May 2026, as overall cement dispatches recorded a sharp year-on-year decline amid slowing construction activity…
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Emirates Group Reports Record AED 24.4 Billion Profit for 2025-26
The Emirates Group has announced record-breaking financial results for the 2025-26 fiscal year, posting its highest-ever profit, revenue, and cash balance despite operational…
