Karachi: Rising global oil prices, driven by ongoing regional conflicts, are set to impact Pakistan’s economy significantly, with projections indicating heightened inflation and reduced GDP growth over the next several years. The country is also poise…
KARACHI: Chairman of the Businessmen Group Zubair Motiwala and President of the Karachi Chamber of Commerce and Industry Muhammad Rehan Hanif have voiced strong opposition to the Sui Southern Gas Company’s petition for a substantial tariff increase. …
Karachi: Pakistan Telecommunication Company Ltd. (PTC) has reported a significant increase in revenue for the first quarter of calendar year 2026. The company announced a 58% year-on-year increase in revenue, reaching PKR 97.8 billion, compared to PKR…
Karachi: Local manufacturing and assembly of mobile phones in Pakistan saw a significant increase, with a 20% year-over-year rise in March 2026, according to the latest data from the Pakistan Telecommunication Authority (PTA). The figures indicate tha…
Karachi: The Government of Pakistan successfully raised Rs114.347 billion through its third Hybrid Sukuk auction, attracting substantial investor interest in Shariah-compliant financial instruments. This marks the second issuance of such Sukuk in the …
Karachi: The Federation of Pakistan Chambers of Commerce & Industry (FPCCI), in partnership with the Islamic Chamber of Commerce and Development (ICCD), will host the “AgriFood: Global Investment and Partnership Conference & Expo” on May 14, 2…