5G Auction At Risk If Govt Delays Approval of Virtual Mobile Operator Framework
The prolonged delay in approving the Mobile Virtual Network Operators (MVNO) framework could lead to significant revenue losses for the
Govt in Talks with Banks to Borrow Rs. 1.24 Trillion to Address Circular Debt
To tackle the country’s mounting circular debt of Rs. 2.381 trillion, the government is negotiating with banks to finalize a
IMF Mission Begins Talks on $1.5 Billion Climate Financing for Pakistan
An International Monetary Fund (IMF) mission is set to begin negotiations today for the release of $1-1.5 billion in climate
Nishat Hotels Acquires Islamabad’s Hotel Margala
The Competition Commission of Pakistan (CCP) has approved the acquisition of assets of M/s Hotel Margala Private Limited by M/s
Govt to Impose Carbon Levy in Budget 2025-26 on IMF Demand
The federal government is moving swiftly to establish new tax regimes and has decided to seek permission from the International
Pakistani Blacklists Over 50,000 Passports to Combat Illegal Immigration
In a significant move to curb illegal migration to Europe, the Pakistani government has blacklisted more than 50,000 passports, officials
IMF Mission Scheduled to Visit Pakistan for First Review of $7 Billion Bailout
The International Monetary Fund’s (IMF) Resident Representative in Pakistan, Mahir Binici, has announced that an IMF mission will visit Pakistan
New $60 Million World’s Biggest Undersea Cable to Be Fully Operational in 2026: PTCL
Pakistan Telecommunication Company Limited (PTCL) announced on Friday that the Africa-1 submarine cable project is expected to be fully operational
Survey Reveals 54% of Cigarettes Sold in Pakistan Are Illegal
A recent survey conducted by the Institute for Public Opinion Research (IPOR) has found that 54 percent of cigarettes sold
Faysal Bank Reports Record Profit of Rs. 23 Billion in 2024
Faysal Bank Limited (FBL) has announced its financial results for the year ended 2024. The bank’s net profit reached Rs.
