The government is set to impose a ban on the import of used mobile phones in the new Mobile and Electric Devices Manufacturing policy 2026 in order to encourage local mobile phone manufacturing. The government has targeted a Rs 103 billion rebate on the export of mobile phones by allowing fixed and non-discretionary 8 percent…
Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry on Monday inaugurated Pakistan’s first Fishing Technology Museum and soft launched the Mahi-Dost digital traceability app, aimed at promoting sustainable fisheries management and boosting export competitiveness. Located in Karachi, the museum traces the evolution of fishing practices, from traditional artisanal methods to advanced modern technologies, positioning…
Petroleum Minister reviews Winter Load Managment 2026 and appreciates SUIs for proactive efforts to provide relief to domestic consumers. Federal Minister for Petroleum Ali Pervaiz Malik chaired a meeting to review the gas supply situation, winter load management, & consumer complaint redressal across the country. OGRA audit report on compliance with Service Standards for complaint…
The Securities and Exchange Commission of Pakistan (“SECP”) has notified amendments to the Real Estate Investment Trust Regulations, 2022 (“REIT Regulations”) to simplify procedures, improve governance and control mechanisms, and encourage greater transparency and objectivity in the operations of REIT Schemes. The amended regulations establish clearer timelines for the transfer of real estate and shares…
A high-level meeting on the Mobile and Electronics Device Manufacturing Policy was chaired by the Special Assistant to the Prime Minister, Mr. Haroon Akhtar Khan, to review progress and align stakeholders on the policy’s objectives and implementation framework. The meeting was attended by Secretary Industries and Production Mr. Saif Anjum, CEO Engineering Development Board (EDB)…
Pakistan’s interbank gold prices surged sharply by Rs 9200 per tola on Monday, which reflected strong gains across bullion benchmarks nationwide. Data was issued by the All Pakistan Sarafa Gems and Jewellers Association and circulated among bullion dealers nationwide.Gold Prices Drop The price of 24-karat gold per tola climbed to Rs464,762, marking a single-day increase…
The National Computer Emergency Response Team of Pakistan (PKCERT), Government of Pakistan, and global cybersecurity company Kaspersky have signed a Memorandum of Understanding (MoU). The agreement marks a major step toward enhancing Pakistan’s national cybersecurity posture through collaboration in threat detection, mitigation, and prevention. The partnership between PKCERT and Kaspersky focuses on strengthening the country’s…
MG Motor Pakistan has unveiled incentives of up to Rs 600,000 to promote hybrid vehicle adoption. MG Motor Pakistan announced the launch of its “Start Smart This Year” initiative, which targets buyers who are seeking fuel efficiency and affordability amid rising ownership costs. The campaign focuses on access to advanced hybrid technology in the local…
The federal government has decided to install Advanced Metering Infrastructure in five power distribution companies aimed at modernising Pakistan’s electricity system and curb heavy losses. According to media reports, the government is targeting transmission and distribution losses to eliminate at about $1 billion annually. The project is part of broader power sector reforms to improve…
Qissa Khwani Theatrics presented an Urdu production of Samuel Beckett’s Waiting for Godot at the Pakistan National Council of the Arts (PNCA), Islamabad, staged from 1 to 4 January 2026. Directed by Hammad Zulfiqar and produced by Ahmad Umar Ayaz, the production offered a restrained, disciplined interpretation that treated Beckett’s iconic play as a living,…