Service Long March Tyres Gets PSX Nod for Rs7.8 Billion IPO to Enter Car Tyre Market
Service Long March Tyres Limited has secured approval from the Pakistan Stock Exchange (PSX) to proceed with its initial public
Attock Cement Names Omer Ashraf Permanent CEO After Big Takeover
Attock Cement Pakistan Limited has officially appointed Omer Ashraf as its Chief Executive Officer effective May 2, 2026, according to
Retail Sector Suffers Rs. 100 Billion Weekly Loss Due to Early Market Shutdowns
The government’s decision to shut markets between 8:00 PM and 9:00 PM has triggered a sharp decline in formal retail
Improved Hydropower, Gas Supply Help Cut Peak-Hour Load Shedding
Pakistan’s hydropower generation rose to 6,000 megawatts during peak hours last night, helping reduce pressure on the national grid as
Millat Tractors Proposes Share Split to Boost Liquidity
Millat Tractors Limited has proposed a share split, seeking shareholder approval to subdivide its stock in a move aimed at
EIB Returns to Pakistan With €160 Million Financing for Flood Housing and Water Projects
The European Investment Bank has returned to Pakistan after a decade, announcing €160 million in financing for housing reconstruction in
World Bank Warns Energy Prices May Jump 24% to Highest Since 2022
Global energy prices are expected to rise 24 percent in 2026, reaching their highest level since 2022, as conflict in
IMF Approves Formula Change for Up to 60% Cut in Captive Gas Levy
Pakistan has secured conditional approval from the International Monetary Fund to revise the formula for calculating the captive gas levy,
SBP Rate Hike Sparks KIBOR Surge, Borrowing Costs Set to Rise
The Karachi Interbank Offered Rate (KIBOR) jumped sharply across all maturities on Tuesday after the State Bank of Pakistan (SBP)
CDA Brings Back 18 Officers Fired By Randhawa, Launches Big Reshuffle in Key Offices
The Capital Development Authority (CDA) has reinstated 18 officers who were earlier removed during the tenure of former Chairman Chaudhry
