ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued show cause notices to 41 state owned enterprises (SOEs) for failing to submit their annual audited accounts and annual returns. Hearings for the non-compliant entities have been scheduled. The action is part of SECP’s ongoing efforts to improve transparency, strengthen corporate governance and support…
Pakistan’s fuel supply chain has come under pressure after escalating tensions in the Middle East disrupted shipping routes, sending global oil prices soaring and forcing the government to manage limited domestic reserves, officials told a Senate committee on Monday. At a meeting of the Senate Standing Committee on Petroleum chaired by Senator Manzoor Ahmad, the…
The organisers of the Pakistan Minerals Investment Forum 2026 (PMIF26) have announced that the Forum, originally scheduled to take place on 8–9 April 2026 in Islamabad, will now tentatively be held on 12–13 November 2026. The decision follows careful consideration of evolving regional developments and the international travel environment affecting a number of key markets….
ISLAMABAD, 16 MARCH 2026: The Competition Commission of Pakistan (CCP) has authorized the acquisition of shares of Jura Energy Corporation by IDL Investments Limited from Phoenix Exploration Limited, following a review under the Competition Act, 2010. The transaction involves the purchase of common shares of Jura Energy by IDL Investments pursuant to a Share Purchase…
ISLAMABAD, March 14: The Securities and Exchange Commission of Pakistan (SECP) has increased the investment limit for Sahulat Accounts from PKR 1 million to PKR 3 million, bringing it in line with limits allowed in the banking sector. The move aims to make stock market investment easier and more accessible for small retail investors. SECP…
Middle East crisis sends urea prices soaring; domestic producers credited with keeping farmers afloat Escalating tensions in the Middle East have sent shockwaves through global agricultural markets, laying bare the fragility of international fertilizer supply chains — and underscoring just how much Pakistani farmers owe to the country’s homegrown fertilizer industry. The crisis, triggered by…
Platform will remove optional end-to-end encrypted messages and ask users to download conversations before the deadline. Instagram will discontinue end-to-end encrypted direct messages starting May 8, affecting users who opted into the privacy feature and prompting the platform to provide instructions for downloading messages and media before the shutdown. Instagram confirmed the change through its…
Motorola has officially launched the Motorola Edge 70 Fusion+ in Brazil, marking the first commercial release of the previously leaked Edge 70 Fusion mid-range smartphone. The device is currently priced at 2,969 Brazilian reais (approximately $565 USD) and is available through Motorola’s official Brazilian storefront. The launch confirms many of the specifications revealed in earlier…
The government kept petrol and diesel prices unchanged despite rising global oil prices to ease pressure on consumers. The Government of Pakistan on Friday decided to maintain existing petroleum prices, keeping petrol at Rs321.17 per litre and high-speed diesel at Rs335.86 per litre, according to a press release issued by the Ministry of Energy (Petroleum…
Meta has announced new anti-impersonation tools and stricter originality rules as Facebook faces complaints over low-quality AI-generated content. Meta Platforms has rolled out new tools to detect impersonation on Facebook and updated its creator guidelines to better define what counts as original content, as the company tries to curb growing criticism that the platform has…