Islamabad: The Oil Marketing Association of Pakistan (OMAP) has accused the Oil and Gas Regulatory Authority (OGRA) of harassing the petroleum industry by intruding into deregulated sectors while failing to perform effectively in its actual regulatory areas. In a strong statement, OMAP criticized OGRA’s “unwarranted interference” in the solvent trade — a deregulated segment —…
Aljomaih Power Ltd, shareholder of K-Electric has said that Chishty does not have shares in KE and therefore, can not sell it. In a communication sent to K-Electric, Shan A. Ashary Director has termed the signing of deal between Chishty and Saudi Investors as tactic to gain popularity and just a photo session. Read More:…
Pakistan pledges technical and AI-based support to help Sudan upgrade its maritime infrastructure and strengthen regional trade routes. Pakistan has offered its technical expertise to help modernize Sudan’s ports, pledging support for the African nation’s efforts to upgrade its maritime infrastructure and strengthen trade connectivity across the region. Read More: Pakistan eyes stronger maritime links…
Silver Prices in Pakistan increased by Rs 19 per tola to Rs 5217 in local market. But the prices of silver in international market remained unchanged. Read More: Silver Prices in Pakistan Cross 5300 Per Tola
Pakistan Textile exports clocked in at US$1.6bn in Sep 2025, down 2% YoY while up 3% MoM. In 1QFY26 Textile Exports reach US$4.8bn up 6% from US$4.5bn in 1QFY25. The 2% YoY decline in exports in Sep 2025 was primarily driven by a 25% YoY drop in cotton cloth exports, which fell to US$150mn from…
The Pakistani rupee on Thursday has recorded a marginal gain against the US dollar and closed at 281.11 which was up by Rs 0.01 in the inter-bank market. Earlier, the Pakistani rupee continued to gain against US dollar and appreciated 0.07% during the early trade on Thursday in the inter-bank market. Pakistani currency stood at…
Gold Prices in Pakistan jumped up again on Thursday and touched 442800 per tola with a gain of Rs 1900 in line with fluctuation in global gold prices. The price of gold stood at Rs 440900 per tola on Wednesday which went up Rs 442800 per tola for 24 karat. The price of 10 gram…
The trading day began on a strong footing, with the KSE-100 Index extending its upward momentum and surging by as much as 1,178 points in early trade. However, the bullish sentiment proved fleeting as profit-taking led by local institutions triggered a sharp reversal. The bears swiftly regained control, dragging the benchmark down by 1,424 points…
The government risks incurring liabilities over US$131 million over three years if the Roosevelt Hotel in New York is not reopened. The Ministry of Defense (MoD) in a recent meeting of economic coordination committee (ECC) informed that the PIAIL team had negotiated with High Gate for reopening of the Roosevelt Hotel while keeping the Privatisation…
Islamabad: Pakistan International Airline Investment Limited (PIAIL) board has failed to utilize 20 million Euro available at Scribe Hotel due to tax implications. In a recent meeting, economic coordination committee (ECC) was informed that that the PIAIL Board had regretted its inability to use funds available at Scribe Hotel to the tune of Euro 20…