Telenor Pakistan Joins Ufone: PTA Gives Conditional Approval for Historic Deal
The Pakistan Telecommunication Authority (PTA) has given conditional approval for the merger of Telenor Pakistan with Ufone (Pak Telecom Mobile Limited – PTML). This long-awaited move will create one of the largest mobile operators in the country. PTA issued a No Objection Certificate (NOC) after both companies provided unconditional consent to the regulator’s conditions. The […]
LPG Price Increased by Rs 20 Per Kg in Pakistan Effective from April 2026
The price of Liquefied Petroleum Gas (LPG) has increased by Rs 20 per kg in Pakistan, adding extra burden on households that use it for cooking and heating. According to reports, this hike is being implemented in some areas, with further changes expected from April 1, 2026. The Oil and Gas Regulatory Authority (OGRA) has […]
Major Relief for Rawalpindi as Govt Allocates Rs 8.5 Billion for WASA Projects
The Punjab government has approved Rs 8.5 billion under the Punjab Development Programme to improve water supply and sewerage systems in Rawalpindi through the Water and Sanitation Agency (WASA). Out of the total amount, Rs 3.5 billion has been allocated for a water supply project in Union Councils 76 and 77. This scheme includes the […]
IsDB Funds $10 Million Out-of-School Project to Improve Education Access in AJK
A major $10 million education project has been launched in Azad Jammu and Kashmir (AJK) to help thousands of out-of-school children return to classrooms and improve access to quality education. The initiative, officially titled “Out of School Children Project”, is supported by the Islamic Development Bank (IsDB). The agreement was signed on January 19, 2026. […]
PKR Stability Continues as Currency Strengthens in Interbank Market
The Pakistani Rupee (PKR) showed strong performance in March 2026, closing the month with gains against major world currencies including the US Dollar, British Pound, and Euro. On Tuesday, March 31, 2026, the rupee closed at 279.1533 against the US Dollar in the interbank market. It gained one paisa from the previous day and marked […]
Engro Holdings Plans Repurchase of 45 Million Shares Starting May 2026
Engro Holdings Limited, one of Pakistan’s largest business groups, has announced plans to repurchase up to 45 million of its ordinary shares. This represents approximately 3.73% of the company’s total outstanding shares. The board of directors approved the proposal on March 27, 2026. The share buyback will be carried out through the Pakistan Stock Exchange […]
Big Win for Pakistan: OGDCL Leads with 11 Fresh Oil and Gas Discoveries
The Oil and Gas Development Company Limited (OGDCL) has achieved remarkable success by making 11 new oil and gas discoveries across Pakistan in recent months. This impressive performance has given a major boost to the country’s energy sector. The discoveries are expected to increase domestic oil production by 21.1% and gas production by 4%. One […]
Punjab to Launch Smart Rapid Transport (SRT) System on Canal Road
The Punjab government has announced the launch of a new Smart Rapid Transport (SRT) system in Lahore to improve public transportation. The system will run along the Yellow Line route from Thokar Chowk to Harbanspura via Canal Road. The 26-kilometre corridor will include around eight stations. It will operate with six rail units and is […]