Business
SECP launches Capital Market Development Fund
The SECP has operationalized the Capital Market Development Fund with PKR 30 million in seed capital to expand financial literacy and investor outreach. ISLAMABAD: The Securities…
Investment
Pakistan
Flood-hit Gilgit-Baltistan roads restored after federal aid
Federal Minister Abdul Aleem Khan and Governor Mehdi Shah reviewed road restoration and relief efforts following floods in Gilgit-Baltistan. ISLAMABAD: Federal Minister for Communications Abdul Aleem…
Business
CCP Approves HA Fibres Merger with Husnain Textile Mills
ISLAMABAD, August 20: The Competition Commission of Pakistan (CCP) has approved the merger of HA Fibres (Private) Limited (HAFL) with and into Husnain Textile Mills (Private)…
Gold Rates
Gold falls to Rs355,200 per tola on global decline
Gold prices in Pakistan slipped for the second straight day, mirroring losses in the international market, with silver also registering a drop. ISLAMABAD: Gold prices in…
Business
International Steels FY25 profit drops 57% despite margin recovery
ISLAMABAD: International Steels Ltd (ISL) reported a 57% year-on-year decline in annual profit for FY25, but the result surpassed market expectations due to stronger-than-anticipated gross margins…
Energy
US, Pakistan agree to expand energy ties in oil, gas, minerals
Washington signals shift toward economic engagement as US firms eye Pakistan’s energy market ISLAMABAD: Pakistan and the United States have pledged to deepen cooperation in the…
Business
ECC approves uniform fuel charges across Pakistan
Finance Minister Aurangzeb chaired the session that cleared key subsidies, relief funds and new policies. Fuel charges and power sector decisions ISLAMABAD: The Economic Coordination Committee…
Business
Ex-CCP chief rigged sugar case vote, claims Haroon
Special Assistant Haroon Akhtar Khan said the Rs40 billion fine on sugar mills by the Competition Commission of Pakistan was politically motivated and based on flawed…
Pakistan
CDA reviews Islamabad’s monsoon emergency readiness
The Capital Development Authority (CDA) held a review meeting in Islamabad under the chairmanship of CDA Chairman and Chief Commissioner Muhammad Ali Randhawa to assess emergency…
Pakistan
Gilgit-Baltistan roads reopened after flood damage review
Federal Minister Abdul Aleem Khan inspected flood-hit areas and praised swift road restoration in Gilgit-Baltistan. Minister reviews flood damage ISLAMABAD: Federal Minister for Communications Abdul Aleem…
