Business

FBR Orders Sales Tax Registration for Low-Risk Applicants Within Three Days

ISLAMABAD: The Federal Board of Revenue (FBR) has directed tax authorities to complete sales tax registration of low-risk applicants within three working days, where…

Strategic Petroleum Reserves Study Launched, Wood Mackenzie Selected

ISLAMABAD: The Petroleum Division has launched a feasibility study for establishing Strategic Petroleum Reserves (SPR), selecting international energy consultancy Wood Mackenzie through a competitive…

Muhammad Zubair Khan Kundi Takes Charge as TESCO CEO

PESHAWAR: Muhammad Zubair Khan Kundi has formally assumed charge as Chief Executive Officer (CEO) of the Tribal Areas Electric Supply Company (TESCO), bringing more…

ICCI Istanbul Conference Pushes Pakistan-Türkiye Trade, Investment Ties

ISTANBUL: The Islamabad Chamber of Commerce and Industry (ICCI) brought together Pakistani and Turkish business leaders at a Business Opportunity Conference in Istanbul, seeking…

CCP Approves IGI Investments’ Stake Acquisition in Akzo Nobel Pakistan

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved IGI Investments (Private) Limited’s acquisition of a shareholding in Akzo Nobel Pakistan Limited from ICI…

Pakistan-Iran Gas Pipeline: Petroleum Minister Explains Key Hurdle

ISLAMABAD: Federal Minister for Petroleum Ali Pervaiz Malik told the Senate that sanctions remain the main obstacle preventing Pakistan from moving ahead with practical…

PSX Ends Lower as KSE-100 Slips 199 Points on August 24, 2026

KARACHI: The Pakistan Stock Exchange ended the first session of the new trading week on a mixed note on Monday, August 24, 2026, with…

Gold Price in Pakistan Today, August 24, 2026, Rises by Rs4,200 to Rs487,136 per Tola

KARACHI: Gold prices in Pakistan climbed sharply on Monday, August 24, 2026, with the price of 24-karat gold rising by Rs4,200 per tola to…

Pakistan Proposes Gwadar-GCC Ferry Services to Diversify Trade Routes

ISLAMABAD: Pakistan has proposed fast-tracking passenger-cargo ferry services between Gwadar and Gulf Cooperation Council ports as part of a broader plan to create alternative…

Flour Price Fixed at Rs2,520 per 20kg Bag in Tank

TANK: The district food department has assured consumers that government-supplied flour will remain available in Tank at the officially fixed price of Rs2,520 per…

Punjab to Set Up FMD-Free Zone Along Motorway Corridor

ISLAMABAD: The federal and Punjab governments have agreed to establish a Foot-and-Mouth Disease (FMD)-free zone along the motorway corridor in Punjab as part of…

Mobilink Bank, Yango Pakistan Launch Shariah-Compliant Financing for Drivers

ISLAMABAD: Mobilink Bank and Yango Pakistan have partnered to offer eligible Yango partner drivers and couriers access to Shariah-compliant vehicle and handset financing, embedded…

easypaisa Digital Bank Profit Before Tax Jumps to Rs8.26 Billion in HY2026

ISLAMABAD: easypaisa digital bank reported a profit before tax of Rs8.26 billion for the first half of 2026, more than doubling from the same…

CCoP Approves Restructuring of FESCO, GEPCO and IESCO

ISLAMABAD: The Cabinet Committee on Privatisation (CCoP) has approved a restructuring plan for Faisalabad Electric Supply Company (FESCO), Gujranwala Electric Power Company (GEPCO) and…

Pakistan’s Freelancers’ Earnings Expected to Reach $2.5 Billion

KARACHI: Pakistan’s freelancing sector is expanding rapidly, with earnings by Pakistani freelancers expected to exceed $2.5 billion during the current fiscal year, according to…

CBD Punjab Speeds Up Work on Lahore’s Walk, Lake and NSIT City Projects

LAHORE: Central Business District Punjab has stepped up work on several of its flagship development projects in Lahore, with Chief Executive Officer Imran Amin…