Pakistan Cuts Petrol Price by Rs5.66 per Litre
In a major relief for consumers hit by rising living costs, the government on Wednesday slashed petrol prices by Rs5.66 per litre for the next fortnight, bringing the new rate…
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 its Mukammal Current Accounts starting Wednesday, offering customers broader banking services without any action required…
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 boost to Pakistan’s offshore energy ambitions, Pakistan Petroleum Limited (PPL) has announced a strategic partnership…
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 Standing Committee on Economic Affairs has accused senior officials of the Ministry of Communications and…
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 global oil prices, according to people familiar with the matter. The price of petrol is…
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. currency China is accelerating efforts to boost the yuan’s global standing and chip away at…
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 investment, was postponed. The meeting, now rescheduled for October 20, was a continuation of…
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 Thursday signed a historic memorandum of understanding (MoU) to acquire a majority stake in K-Electric,…
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 approval from the Competition Commission of Pakistan (CCP) for the merger of M/s. Global Haly…
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 is poised for a major power supply boost as the revised Indicative Generation Capacity Expansion…
