Zong begins commercial 5G services and plans 1,000 sites nationwide in 2026 Zong on Thursday launched commercial 5G services across more than 16 cities, marking a major step in Pakistan’s digital transformation. The rollout includes major urban centres such as Islamabad, Rawalpindi, Karachi, Lahore, Peshawar and Quetta, positioning Zong as an early leader in next-generation…
The government has announced major incentives under a revised tariff framework for Karachi Port, offering up to 60% concessions on port dues, wharfage and storage charges for vessels carrying dry bulk export cargo. The enhanced discounts and reduced transshipment requirements, are aimed at attracting more shipping lines and increasing port activity. Read More: Karachi Port…
Gold falls to Rs499,462 per tola in PakistanInterbank-linked bullion rates drop sharply across gold and silver markets on March 19 Gold prices in Pakistan dropped sharply on Thursday, with the rate for 24-karat gold falling to Rs499,462 per tola, reflecting a decline of Rs24,300, according to data released by the All Pakistan Sarafa Gems and…
Jazz, Pakistan’s leading digital operator under JazzWorld, has officially launched 5G services following the award of the Next Generation Mobile Services (NGMS)/5G license by the Pakistan Telecommunication Authority (PTA)—marking a defining moment in Pakistan’s digital journey. The license agreement was signed by DG Licensing PTA Brig. (Retd.) Aamir Shahzad and CEO JazzWorld Aamir Ibrahim at…
A meeting of the Committee to Monitor Petrol Prices was held today under the chairmanship of the Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, as part of the Government’s ongoing daily review of developments in the energy sector amid continued regional tensions. The meeting was attended by the Federal Minister for Petroleum Mr….
Pakistan stocks rebounded sharply on March 18, with banks, oil and fertilizer shares leading gains as investors returned to large-cap names and oil prices eased. The KSE-100 Index concluded the session at 154,292 points, advancing by 4,276 points, reflecting recovery in overall market sentiment. Throughout the trading day the index range, recording an intraday high…
ISLAMABAD, 18 MARCH 2026: The Competition Commission of Pakistan (CCP) has approved a merger as part of a corporate restructuring within the Dawood Group, following a review under the Competition Act, 2010. The transaction involves the amalgamation of Cyan Limited and DH Partners Limited into Dawood Lawrencepur Limited (DLL). The approved transaction relates to a…
Fauji Fertilizer reported Rs73.6bn profit for 2025, kept urea prices unchanged, and outlined expansion plans for retail, farmer outreach, and its PIA-linked investment vehicle. Fauji Fertilizer Company said on Tuesday it kept urea prices unchanged despite higher international oil prices and reported net profit of Rs73.6bn for 2025, as management used its corporate briefing session…
The local bourse saw a two-way session, swinging between an intraday high of +2,324 points and a low of -669 points before settling at 150,016, up 837 points (+0.56%). Support came from stable oil prices and positive regional markets; however, Volumes told the real story — activity stayed muted throughout the session, signaling that investors…
Gold and silver prices in Pakistan increased on Tuesday, with 24-karat gold reaching Rs523,762 per tola and international gold touching $5,010, according to rates released by the All-Pakistan Sarafa Gems and Jewellers Association. Gold prices in Pakistan increased on Tuesday as bullion markets recorded fresh gains.The All-Pakistan Sarafa Gems and Jewellers Association released updated nationwide…