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Six months post-privatization, PIA management remains untransferred to buyer consortium

Muhammad ibrahim
ISLAMABAD: Six months have passed since the privatization of Pakistan International Airlines (PIA), but the management has yet to be transferred to the buyer. Sources...
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Power Minister confirms continuation of electricity subsidy for protected consumers

Muhammad ibrahim
ISLAMABAD: Federal Minister for Power Sardar Awais Ahmed Khan Leghari has clarified that the government has no plans to withdraw electricity subsidies for protected consumers...
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PSX surges as falling oil prices boost hopes of US-Iran peace deal

Muhammad ibrahim
KARACHI: Stocks rallied on Monday as falling global oil prices and renewed optimism over a possible US-Iran peace agreement lifted investor confidence, while positive IMF-related...
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IMF raises concerns over Pakistan’s solar energy policy

Muhammad ibrahim
ISLAMABAD: The International Monetary Fund (IMF) has voiced significant reservations regarding Pakistan’s current solar energy policy. Under the new policy, a distinction has been made...
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PSX witnesses positive trend, gains 2000 points as Trump postpone attack on Iran

Muhammad ibrahim
KARACHI: Following US President Donald Trump’s announcement to temporarily halt the attack on Iran, positive momentum is being observed in the Pakistan Stock Exchange today....
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Power division provides fresh update on June electricity bills amid price stabilization

Muhammad ibrahim
ISLAMABAD: The Ministry of Energy (Power Division) announced on May 18, 2026, that strategic government measures, sound policy decisions, and efficient load management have successfully...
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Pakistan receives $1.32bn IMF tranche under EFF, RSF programmes

Muhammad ibrahim
KARACHI: Pakistan has received approximately $1.32 billion from the International Monetary Fund (IMF) following the completion of the third review of the country’s economic reform...
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Grand Hyatt / BNP Lease Case: Key Facts and Legal Status

Muhammad ibrahim
ISLAMABAD: The controversy surrounding the Grand Hyatt (BNP) project has resurfaced, with fresh enforcement actions highlighting long-standing legal and financial irregularities. The Capital Development Authority...
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NAB chief announces abolition of file system in new real estate reforms

Muhammad ibrahim
KARACHI: Lt Gen (retd) Nazir Ahmed, Chairman of the National Accountability Bureau, revealed that within two months, new reforms will overhaul Pakistan’s real estate regulatory...
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PM Shehbaz Sharif to unveil “Apna Ghar” housing loan scheme

Muhammad ibrahim
ISLAMABAD: Prime Minister Shehbaz Sharif is set to introduce a new housing finance initiative under the “Apna Ghar Program” on Wednesday. According to official details,...
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Gold, Silver prices drop in Pakistan amid global market shifts

Muhammad ibrahim
KARACHI: Gold prices in Pakistan registered a significant decline on Tuesday, April 28, 2026, reflecting downward trends in the international bullion market influenced by ongoing...
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PM Shehbaz unveils electric bikes scheme for govt employees

Muhammad ibrahim
ISLAMABAD: Prime Minister Shehbaz Sharif has announced a proposal to provide electric motorcycles to government employees up to BPS-16 through easy installment plans, as part...
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Pakistan plans to remove duties on used car imports under new policy

Muhammad ibrahim
ISLAMABAD: The federal government is moving towards gradually removing tariffs on used vehicle imports as part of a comprehensive auto policy set to take effects...