Business
Minister holds separate meetings with OICCI and PSO in Karachi
August 29, 2026
Minister holds separate meetings with OICCI and PSO in Karachi
Federal Minister for Petroleum Ali Pervaiz Malik held separate meetings with the leadership of the Overseas Investors Chamber of Commerce…
$3.5bn Falcon Isles Refinery project clears key hurdle
August 29, 2026
$3.5bn Falcon Isles Refinery project clears key hurdle
ISLAMABAD: Pakistan’s proposed $3.5 billion Falcon Isles Refinery and Storage Complex has cleared a significant institutional hurdle, moving the major…
PM directs third-party audit of FBR reforms to ensure transparency
August 28, 2026
PM directs third-party audit of FBR reforms to ensure transparency
ISLAMABAD: Prime Minister Shehbaz Sharif has directed the Federal Board of Revenue (FBR) to complete all ongoing reform measures within…
IMF mission to visit Pakistan next month for fourth EFF review
August 28, 2026
IMF mission to visit Pakistan next month for fourth EFF review
The International Monetary Fund (IMF) review mission is scheduled to visit Pakistan next month to conduct the fourth review of…
SBP remits Rs1.93tr profit to government
August 28, 2026
SBP remits Rs1.93tr profit to government
The State Bank of Pakistan (SBP) has transferred Rs1.932 trillion to the federal government as its profit for fiscal year…
Jazz calls for power upgrade as 5G rollout expands
August 28, 2026
Jazz calls for power upgrade as 5G rollout expands
Jazz has urged the government to strengthen the country’s power infrastructure as the telecom operator expands its 5G network, warning…
Govt plans single gas tariff after scrapping 12 slabs
August 28, 2026
Govt plans single gas tariff after scrapping 12 slabs
ISLAMABAD: The government has decided to abolish the existing 12-slab gas tariff structure and introduce a uniform gas tariff for…
10 bidders clear 1st hurdle in FESCO privatisation race
August 28, 2026
10 bidders clear 1st hurdle in FESCO privatisation race
ISLAMABAD: The privatisation of Faisalabad Electric Supply Company (FESCO) has moved into its next phase after the Privatisation Commission (PC)…
$6 billion refinery upgrade deal set to transform Pakistan’s fuel sector
August 28, 2026
$6 billion refinery upgrade deal set to transform Pakistan’s fuel sector
ISLAMABAD: Pakistan’s five major oil refineries are set to sign agreements under the government’s Brownfield Refinery Upgradation Policy early next…
Power shock looms as Rs36.5bn fuel burden nears
August 28, 2026
Power shock looms as Rs36.5bn fuel burden nears
ISLAMABAD: Electricity consumers across Pakistan may face a substantial increase in their September bills as the National Electric Power Regulatory…