Pakistan Receives First-Ever Shipment of US Crude Oil
Pakistan has imported one million barrels of US crude oil for the first time, marking the largest-ever vessel to dock…
Sohail Ahmad
Gold Prices Rebound Rs3,500 After Sharp Fall in Pakistan
Gold prices bounced back in Pakistan after a record plunge, tracking global gains ahead of an expected U.S. Federal Reserve…
Pakistan to Receive $250 Million in Climate Funds to Protect Glacier-Fed Farms
Pakistan will receive $250 million in Green Climate Fund support under an ADB-led “Glaciers to Farms” program to protect water,…
China’s Five-Year Model Inspires Pakistan’s ‘Uraan’ Plan, Says Envoy
China’s envoy Jiang Zaidong said Beijing’s Five-Year Plans offer a model for Pakistan’s Uraan plan, fostering joint growth, reform, poverty…
Pakistan Gas Utilities Seek Steep Tariff Hikes to Plug Rs77b Shortfall
Pakistan’s state gas firms have sought steep tariff hikes to cover a Rs77 billion shortfall, a move that could fuel…
Pakistan’s Food Sector Drowns in $1.17 Billion Debt Crisis
Pakistan’s food sector faces a $1.17 billion debt crisis, exposing deep fiscal cracks and echoing power-sector woes as unpaid dues…
SBP holds policy rate at 11%, signals steady hand on inflation
The State Bank held its policy rate at 11%, signaling confidence in a stable inflation outlook amid global risks and…
Tug of War: Govt defends NEPRA verdict, says new KE tariff curbs inefficiency,
Govt once again backs NEPRA’s K-Electric tariff review as landmark reform ensuring fair pricing, consumer protection, and an end to…
Afghan Taliban Order Dams on Kunar River, Raising Fears of New Water Rift with Pakistan
Taliban chief Hibatullah Akhundzada has ordered immediate dam construction on Afghanistan’s Kunar River, a key Indus tributary, sparking alarm in…
Pakistan Overhauls State Firms’ Boards to Curb Mismanagement, Spur Efficiency
Pakistan’s Cabinet Committee on State-Owned Enterprises (CCoSOEs), led by Finance Minister Muhammad Aurangzeb, on Friday...
Scientists Discover Tree That ‘Grows’ Gold in Its Leaves
Finnish scientists have discovered that Norway spruce trees can “grow” gold, as bacteria inside their needles transform dissolved gold from…
K-Electric Hit With $2.5 Billion Shock as Regulator Slashes Tariff
K-Electric faces a $2.5 billion (Rs700 billion) hit after Nepra slashed tariffs by Rs7.6 per unit, reversing an earlier hike,…
Minister unveils ‘Sea-to-Steel Green Corridor’ plan at Port Qasim
Junaid Anwar Chaudhry launched the $13b “Sea-to-Steel Corridor” at Port Qasim to revive industry, create jobs, and boost exports.
NEPRA slashes K-Electric tariff to Rs32 per unit after review petition
In a major blow to K-Electric’s financial position, the National Electric Power Regulatory Authority (NEPRA)...
Aurangzeb pitches reform agenda in Washington, highlights new investment opportunities
Pakistan Seeks Stronger Economic Ties With Saudi Arabia, U.S. Investors Federal Minister for Finance and...
Pakistan Cuts Petrol Price by Rs5.66 per Litre
In a major relief for consumers hit by rising living costs, the government on Wednesday...
UBL to Upgrade All Basic Accounts to Mukammal Current Accounts from Oct. 15
United Bank Limited (UBL) announced that it will convert all Basic Banking Accounts (BBA) into...
PPL Hands Operatorship of Offshore Indus Block to Turkish Petroleum
Deal brings Turkiye into Pakistan’s offshore exploration; OGDCL, Mari Energies join consortium In a major...
Rs172b ADB Road Project Scandal: Senate Panel Slams NHA for Concealing Procurement Irregularities
Committee also questions SBP over NBP’s £22m UNBL UK share sale to UBL The Senate...
Pakistan Set to Cut Petrol Prices by Rs6.10 a Litre From Oct. 16
Pakistan plans to reduce retail fuel prices from Oct. 16 following a marginal decline in...
China steps up yuan push as dollar dominance faces growing challenge
Beijing’s latest financial maneuvers signal a determined bid to weaken global reliance on the U.S....
K-Electric board delays key meeting on Saudi investment to Oct 20
The much-anticipated board meeting of K-Electric, scheduled for Monday to discuss crucial matters including potential...
Saudi investors sign landmark MoU to acquire majority stake in K-Electric
In a major breakthrough for Pakistan’s power sector, Saudi investor Prince Mansour bin Saud on...
CCP Greenlights Merger to Boost Bank Makramah’s Growth and Capital Strength
In a major step toward transforming its financial footing, Bank Makramah Limited (BML) has secured...
K-Electric Set to Boost Power Imports to 3,456MW Under Revised National Plan
Rising demand, stronger grid links, and new studies point to growth potential for investors K-Electric...