Circular Debt in Pakistan’s Electricity Sector Hits Record High Electricity distribution companies (DISCOs) are contributing an additional Rs. 600 billion annually to Pakistan’s already escalating
Oil Prices Surge Amid U.S. Sanctions on Russian Oil Exports Oil prices continued their upward momentum for a third consecutive session on Monday, with Brent
Petrol and diesel prices in Pakistan are set to rise by Rs. 3-5 per liter in mid-January 2025, driven by a spike in global crude
Oil prices surged nearly 3% to their highest levels in three months on Friday, as traders anticipated supply disruptions following the U.S. administration’s announcement of
Over a decade has passed since the multi-billion-dollar Gwadar Port was developed, yet it has yet to fully realize its potential as a transshipment hub.
Pakistan’s economy continues to show resilience and progress, with a per capita GDP of $1,680 in FY2024. Projections for FY2025 suggest further growth, reaching $2,405,
Oil Prices Fall Over 1% Amid Stronger Dollar and Rising U.S. Fuel Inventories Oil prices dropped over 1% on Wednesday, pressured by a stronger dollar
Qatar Airways has officially closed its offices across Pakistan, citing cost-cutting measures. Despite this move, the airline confirmed that its flight operations will remain unaffected,
Economic Coordination Committee (ECC) Approves Key Grants and Projects In its latest meeting, the Economic Coordination Committee (ECC), chaired by Finance Minister Muhammad Aurangzeb, approved
TAG Heuer Replaces Rolex as Formula One’s Official Timekeeper in a Landmark Deal TAG Heuer is set to take over from Rolex as the official
The Pakistan Stock Exchange’s KSE-100 Index continued its record-breaking rally on Monday, climbing 1,000 points to reach 118,500. By Monday morning, the benchmark index surged
The UAE has expressed strong interest in partnering with Pakistan in mining, minerals, and agriculture, as conveyed by UAE President Sheikh Mohammed bin Zayed Al
