Business

Shabbar Zaidi says Karachi’s Lalukhet pays more tax than Lahore, igniting fresh debate

Former Federal Board of Revenue (FBR) chairman Shabbar Zaidi has claimed that Lalukhet, a commercial area in Karachi, contributes more tax revenue than the…

EOBI pensioners call for pension increase, structural reforms

ISLAMABAD: Pensioners of the Employees’ Old-Age Benefits Institution (EOBI) have urged the federal government to increase the minimum pension and introduce structural reforms, citing…

Women University Swabi, NCHD hold EOTO orientation under MoU

SWABI: An orientation training session on the Each One Teach One (EOTO) initiative was held at the Main Campus of Women University Swabi under…

PRCS, Turkish Red Crescent sign five-year MoU, launch Ramadan relief for vulnerable families

ISLAMABAD, Feb 24, 2026: The Pakistan Red Crescent Society (PRCS) and the Turkish Red Crescent Society (TRCS) signed a five-year Memorandum of Understanding (MoU)…

Gold Prices Surge in Pakistan as 24K Tola Hits Rs539,962 on February 24, 2026

Gold prices in Pakistan climbed sharply on Tuesday, with the rate of 24-karat gold rising by Rs3,400 per tola in the local bullion market.…

Dubai Police arrest beggar carrying Dh20,000 during Ramadan crackdown

DUBAI — Dubai Police arrested a beggar found carrying Dh20,000 in a parking lot as part of its annual Ramadan campaign against street and…

PTCL posts 12% revenue growth in 2025, annual revenue reaches PKR 120 billion

ISLAMABAD — Pakistan Telecommunication Company Limited (PTCL) has reported a 12% year-on-year increase in consolidated revenue for the year ended December 31, 2025, with…

aik by BankIslami enables fully digital payments at Islamabad International Airport

ISLAMABAD — aik by BankIslami Pakistan Limited has enabled fully digital payment facilities across all passenger touchpoints at Islamabad International Airport, allowing travelers to…

Cigarettes worth Rs250 million reportedly stolen from FBR warehouses, Senate panel told

ISLAMABAD — A Senate sub-committee has taken up the alleged theft of cigarettes worth Rs250 million from warehouses operated by the Federal Board of…

Pakistan Consulate Collaborates with NBP and Al Ansari Exchange for Iftar & Community Engagement Event

The Consulate General of Pakistan in Dubai, in collaboration with the National Bank of Pakistan (NBP) and Al Ansari Exchange, organized an Iftar dinner…

CCP Approves Acquisition of First Women Bank Limited by Abu Dhabi based Eve Holdings

ISLAMABAD, FEB 23,2026: The Competition Commission of Pakistan (CCP) has approved the proposed acquisition of First Women Bank Limited by Eve Holdings RSC Limited,…

Gold rates in Pakistan remain steady at Rs517,000 per tola

ISLAMABAD — Gold rates in Pakistan held steady on Monday, February 23, 2026, with 24-karat gold priced at Rs517,000 per tola in the local…

CBD Punjab reviews NSIT City and CBD Walk as development enters key phase

LAHORE — The Central Business District Punjab (CBD Punjab) has accelerated work on two of its flagship projects, NSIT City and CBD Walk, following…

FBR holds tax awareness seminar at PC Bhurban to promote compliance

BHURBAN — The Federal Board of Revenue (FBR) conducted a tax awareness outreach seminar at the Pearl Continental Hotel in Bhurban as part of…

Gold prices in Pakistan jump sharply on February 22

KARACHI — Gold prices in Pakistan continued their upward trend on February 22, with rates rising sharply for the third consecutive day. Over the…

Shareholder Revolt and Petroleum Licence Risks Deepen Turmoil at Jura Energy Corporation

Jura Energy Corporation is facing escalating legal and regulatory pressure after a minority shareholder launched oppression proceedings in Ontario, alleging governance failures that could…