Refineries concerned over abrupt Behaviour of Ogra over diesel upliftment decision

    By Aftab Ahmed | December 24, 2025

    Refineries have expressed concern over non serious attitude of Ogra over a decision of upliftment of diesel. This is with reference to the Product Review Meeting (PRM) held on December 22, 2025. They said in a joint letter to Ogra chairman said that at the outset, we wish to express our serious concerns regarding the…

    Financial sector faces AI, blockchain and organized crime threats in 2025

    By Aftab Ahmed | December 24, 2025

    2025 Kaspersky Security Bulletin provides a review of the major cybersecurity trends of the year and offers a look towards the future of cybersecurity, focusing on the financial sector in its first part. According to the report, in 2025, the financial sector navigated a rapidly evolving cyber landscape, with malware spreading through messaging apps, AI-assisted…

    Gold Prices Make Another Record

    By Aftab Ahmed | December 24, 2025

    Gold prices in Pakistan made another record by touching highest marks in history and increased by Rs 2000 per tola. Gold touched highest mark of price to Rs 472862 per tola.

    Cautious Trade Prevails, PIA Developments Keep Investors Alert

    By Aftab Ahmed | December 23, 2025

    The local bourse experienced a choppy, range-bound session as rollover-week adjustments kept sentiment cautious. The benchmark index swung between an intraday high of 663 points and a low of 235 points before closing at 171,073, down 130 points or 0.08%. Read More: Arif Habib Consortium Buys 75% PIA stake for Rs135bn Activity remained selective amid…

    Pakistani Rupee Remins Steady Against US Dollar

    By Aftab Ahmed | December 23, 2025

    The Pakistani rupee on Tuesday remained almost steady against the US dollar in the inter-bank market and closed at 280.21. Pakistani rupee had closed at 280.22 on Monday. The US dollar has remained under pressure globally as the euro slightly remained firm at $1.1774. Sterling surged to a two-and-a-half-month high at $1.348.

    Arif Habib Consortium Buys 75% PIA stake for Rs135bn

    By Aftab Ahmed | December 23, 2025

    Pakistan on Tuesday finally sealed the sale of a 75% stake in Pakistan International Airlines for Rs135 billion while ending years of stalled privatisation attempts. The government awarded management control of the loss-making flag carrier to the Arif Habib consortium after a group wins a bid through a competitive auction. The winning group comprises of…

    ECC clears path for largest-ever 5G spectrum auction

    By Aftab Ahmed | December 23, 2025

    Pakistan has moved closer to launching 5G services after ECC approves a framework for its biggest spectrum sale, which signals faster digital expansion. The Economic Coordination Committee on Tuesday approved recommendations for the upcoming spectrum auction, ministers said.  Finance Minister Muhammad Aurangzeb and Information Technology Minister Shaza Fatima Khawaja during a joint press briefing said…

    PayFast launches Rah-e-Raast

    By Aftab Ahmed | December 23, 2025

    PayFast marked eight years in Pakistan by launching Rah-e-Raast, a doorstep QR payment solution aimed at reducing cash usage. PayFast marked its eight-year milestone at NASTP in Karachi with the launch of Rah-e-Raast, a new initiative designed to enable QR-based payments at the point of delivery—helping businesses reduce reliance on cash and strengthen Pakistan’s shift…

    PM Offers UAE To Invest In Pakistan

    By Aftab Ahmed | December 23, 2025

    Prime Minister Shahbaz Sharif has offered United Arab Emirates (UAE) to invest in different areas of the economy including energy and minerals. Pakistan and UAE are already working on different projects. UAE had invested in Pakistan’s leading oil refinery Pak Arab Refinery Limited (Parco). UAE had also acquired PTCL stakes in Pakistan which recently acquired…

    CDA to add electric carts, valet service at Blue Area food street

    By Aftab Ahmed | December 23, 2025

    The Capital Development Authority is going to introduce electric carts and valet parking at the new food street in Islamabad’s Blue Area, which is aimed at improving access and traffic flow within the pedestrian zone. CDA officials said four electric carts will operate inside the car-free promenade in a bid to assist elderly citizens and…