CCP Starts Phase II Review of PTCL-Telenor Merger
The Competition Commission of Pakistan (CCP) has held its first hearing for the Phase II Merger Review concerning PTCL’s acquisition
Hubco to Build Plant Producing 50,000 EVs Annually, Targets Exports to Australia and Africa
At its annual general meeting today, the Board of Directors of Hub Power Company Limited (PSX: HUBC) unveiled plans to
Govt Plans to Privatize More State Owned Entities Under Rightsizing Policy
The federal government has announced plans to privatize additional state-owned enterprises (SOEs) as part of its rightsizing policy. This initiative
DHA Challenges Imposition of FED on Transfer of Properties at Islamabad High Court
The Islamabad High Court (IHC) has issued notices to the Federal Board of Revenue (FBR) and the Attorney General of
Pakistan Receives First Loan Tranche of $1.027 Billion from IMF Under Extended Fund Facility
The State Bank of Pakistan (SBP) has received the first loan tranche of approximately $1.027 billion from the International Monetary
BF Biosciences IPO Oversubscribed by 3.4 Times
The book-building process of BF Biosciences’ Initial Public Offer (IPO) has concluded with an oversubscription of 3.40 times, the company
Alibaba Rival JD To Launch Operations in Pakistan Soon
JD Technology, a major competitor of Alibaba, has teamed up with Pakistan-based digital marketing agency East River Digital to launch
IMF Denies Telling Pakistan to Get $600 Million Bank Loan to Secure Bailout
The International Monetary Fund (IMF) has clarified that it did not advise Pakistan to secure a commercial loan from a
Toyota Indus Motors Temporarily Shuts Down Production for 3rd Time in Three Months
Indus Motor Company (IMC), the assembler of Toyota vehicles in Pakistan, has announced a temporary suspension of its production operations
Pakistan’s Borrowing Drops Significantly in Early FY25: Economic Affairs Division
In the first two months of the fiscal year 2024-25 (FY25), Pakistan borrowed $714.74 million from various financing sources, marking
