CCP launches probe into fake Islamabad housing ads
The Competition Commission of Pakistan (CCP) has launched a formal inquiry into deceptive marketing practices in the housing sector after intelligence reports revealed widespread misrepresentation…
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CCP urges LNG sector shake-up to break state monopoly
Watchdog calls for unbundling gas utilities, stronger regulation and private sector entry to cut costs, boost competition Pakistan’s Competition Commission has flagged deep-rooted barriers in…
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WorldCall parent GlobalTech appoints Frank R. Parrish as president to drive AI, Big Data push
GlobalTech Corporation, the U.S.-based parent of WorldCall Telecom Limited (WTL), has appointed Frank R. Parrish, III as its new president, marking a major leadership transition…
View More WorldCall parent GlobalTech appoints Frank R. Parrish as president to drive AI, Big Data push
Finnish mineral giant expands role in Pakistan’s mining sector
Finnish mineral giant Metso will not only supply equipment and services for Pakistan’s flagship Reko Diq mining project but also train local human resources, officials…
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Pakistan inks record Rs1.225 trillion bank deal to ease power debt
Government’s largest-ever restructuring aims to stabilize electricity sector, with consumers set to fund repayments through surcharges
View More Pakistan inks record Rs1.225 trillion bank deal to ease power debt
K-Electric Swings to Profit as Sales Jump, Costs Ease
Posts Rs4.24b profit, rebounds from Rs39.5b loss Utility boosts efficiency, expands grid links as revenue surges 46% despite economic headwinds K-Electric Ltd., Pakistan’s largest private…
View More K-Electric Swings to Profit as Sales Jump, Costs EaseK-Electric to retire old plants in efficiency push
Utility sheds 96MW capacity to cut costs, boost profitability while ensuring reliable supply K-Electric Ltd. said Tuesday it will decommission two outdated gas turbine power…
View More K-Electric to retire old plants in efficiency pushMari Energies Unlocks $483 million Additional Annual Revenue
Wins $200m Boost, Gets 222 MMCFD Gas Nod for Fertilizer Sector Company shift from loss-making power deals and unlocks stranded reserves, boosts cash flows Mari…
View More Mari Energies Unlocks $483 million Additional Annual RevenueCitigroup, CBRE in race to advise on Pakistan’s Roosevelt Hotel sale
Pakistan has drawn bids from seven heavyweight consortia — including Citigroup, CBRE, Morgan Stanley and Cushman & Wakefield — to advise on the privatization of…
View More Citigroup, CBRE in race to advise on Pakistan’s Roosevelt Hotel saleMari Energies Nears Takeover of Stakes in Orient Petroleum Blocks Across Pakistan
Mari Energies Ltd., Pakistan’s No. 2 oil and gas explorer, is set to formally take over significant stakes in three Orient Petroleum blocks within days,…
View More Mari Energies Nears Takeover of Stakes in Orient Petroleum Blocks Across PakistanPunjab launches first-ever E-Taxi Scheme
1,100 electric taxis to hit the roads; online applications open until Oct 5 The Punjab government on Tuesday rolled out its first-ever E-Taxi Scheme, announcing…
View More Punjab launches first-ever E-Taxi SchemeCiti Pharma Bets Big on Veterinary Sector, Targets PKR 10B Turnover
Citi Pharma Limited has formally entered Pakistan’s veterinary healthcare market through its new subsidiary, Citi Veterinary Limited, which launched trading operations Friday with an ambitious…
View More Citi Pharma Bets Big on Veterinary Sector, Targets PKR 10B Turnover
NEPRA orders Rs1.78/unit refund to KE, Discos consumers
Pakistan’s power regulator has ordered state-run power distribution companies and K-Electric to refund consumers Rs1.7856 per unit in September electricity bills, while issuing a blistering…
View More NEPRA orders Rs1.78/unit refund to KE, Discos consumersPakistan’s SECP, Mobilink Bank Tie Up to Digitize Corporate Account Openings
Pakistan’s top corporate regulator has teamed up with Mobilink Microfinance Bank Ltd. to digitize and speed up the process of opening corporate bank accounts, a…
View More Pakistan’s SECP, Mobilink Bank Tie Up to Digitize Corporate Account Openings K-Electric Raises Rs4.4 Billion in Pakistan’s First Retail Sukuk IPO
K-Electric Ltd. raised Rs4.4 billion ($15.8 million) from Pakistan’s first retail-listed short-term Sukuk, more than doubling its Rs2 billion target in an initial public offering…
View More K-Electric Raises Rs4.4 Billion in Pakistan’s First Retail Sukuk IPO
WAPDA Seeks to Double Hydropower Tariff on Rs364.8B Funding Push
Pakistan’s Water and Power Development Authority (WAPDA) has asked regulators to nearly double its hydropower tariff, seeking approval for a staggering Rs364.8 billion revenue requirement…
View More WAPDA Seeks to Double Hydropower Tariff on Rs364.8B Funding Push
Pakistan unveils $55B energy plan to boost renewables, cut imports
The government has unveiled a sweeping $55 billion blueprint to overhaul its power sector over the next decade, betting on hydropower, nuclear and renewables to…
View More Pakistan unveils $55B energy plan to boost renewables, cut imports
Pakistan to Hand Over Islamabad Airport Operations to UAE Under G2G Deal
Pakistan has agreed to transfer operations of Islamabad International Airport to the United Arab Emirates, marking the first government-to-government outsourcing of a major state asset…
View More Pakistan to Hand Over Islamabad Airport Operations to UAE Under G2G Deal
Pakistan, Russia Eye Local Insulin Production in Three Years
Pakistan is set to launch joint insulin production with Russia in a bid to curb reliance on costly imports and expand access to essential medicines,…
View More Pakistan, Russia Eye Local Insulin Production in Three Years
Pakistan Regulator Slams Power Firms After 11 Electrocuted in Rains
Pakistan’s energy regulator blasted power distributors after 11 people were electrocuted during July’s monsoon rains, even as it weighed a proposal to cut nationwide electricity…
View More Pakistan Regulator Slams Power Firms After 11 Electrocuted in Rains
NEECA warns farm inefficiency deepens food risks as floods rise
Pakistan’s agricultural backbone is at risk as recurrent flooding collides with outdated, energy-intensive farming practices, driving up costs for farmers and threatening national food security,…
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Trump doubles tariffs on Indian goods, risking $85B in exports
Markets tumble as New Delhi vows to stick with Russian oil despite U.S. pressure U.S. President Donald Trump has doubled down on trade pressure against…
View More Trump doubles tariffs on Indian goods, risking $85B in exports
Pakistan unveils New EV policy to drive clean future
Prime Minister Shehbaz Sharif on Tuesday rolled out Pakistan’s New Energy Vehicle (NEV) Policy 2025-30, touting it as a landmark step to curb emissions, cut…
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Punjab Defies IMF Fiscal Curbs with Rs405 Billion Central Bank Borrowing
Punjab has quietly turned into Pakistan’s fiscal outlier, racking up Rs405 billion ($1.4 billion) in central bank borrowing within just 38 days of the new…
View More Punjab Defies IMF Fiscal Curbs with Rs405 Billion Central Bank Borrowing
Citi Pharma overtakes rivals as Pakistan’s largest antibiotics producer with Chinese Backing
Citi Pharma has become Pakistan’s largest antibiotics maker after a China-backed expansion that lifted output tenfold to 100,000 vials a day.
View More Citi Pharma overtakes rivals as Pakistan’s largest antibiotics producer with Chinese Backing