Meezan Bank and Etihad Team Up to Bring Cheaper International Travel for Pakistani Customers
Meezan Bank has announced a new partnership with Etihad Airways, giving its debit card users special travel discounts and added convenience when booking international flights. The agreement was signed at Meezan Bank’s Head Office in Karachi, marking another step toward improving travel options for Pakistani passengers. Through this collaboration, Meezan Bank customers can enjoy reduced […]
Pakistan’s Civil Administration and Pension Costs Keep Rising Despite Cuts
Despite government efforts to reduce spending by downsizing ministries and abolishing thousands of vacant positions, Pakistan’s expenditure on civil administration and pension payments continues to grow at a fast pace. Latest data from the Ministry of Finance shows that the first quarter of FY26 recorded another sharp increase, highlighting persistent financial pressures. Between July and […]
Pakistan to Sell Surplus LNG Abroad and Attract Major Foreign Energy Investment
Pakistan is set to start selling its surplus liquefied natural gas (LNG) in international markets from January 1, the Petroleum Minister Ali Pervaiz Malik announced. The move comes as the country faces an oversupply of imported gas, which has caused financial strain on domestic producers and contributed to mounting circular debt in the energy sector. […]
OGDC Gears Up for Major Expansion of Shale and Tight Gas Projects to Cut LNG Dependence
Pakistan’s state-owned Oil & Gas Development Company (OGDC) is preparing for a significant expansion of unconventional gas projects, aiming to increase domestic gas production and reduce reliance on imported liquefied natural gas (LNG). The company plans to kick off new developments early next year, focusing on both shale and tight-gas reserves across the country. According […]
Volkswagen Cuts Future Spending as Challenges Grow in China and the U.S.
Volkswagen Group has outlined a new long-term investment plan as the company deals with major pressure in two of its biggest markets. CEO Oliver Blume announced that the automaker will invest 160 billion euros by 2030, a slightly lower amount than previous plans as the company adjusts its strategy during a difficult period. The updated […]
Netflix Makes Historic $72 Billion Move to Acquire Warner Bros Discovery
Netflix is preparing for one of the biggest shifts in entertainment history after reaching an agreement to buy Warner Bros Discovery’s film studios, TV division, and streaming business for $72 billion. The landmark deal places one of Hollywood’s most iconic century-old studios under the control of the platform that once disrupted it. The acquisition marks […]
PTCL Clears Key Regulatory Hurdle as PTA Approves Telenor Pakistan Acquisition
Pakistan’s telecom sector is set for a major shift after PTA allowed the PTCL to move forward with its plan to acquire Telenor Pakistan. The approval comes in the form of a No Objection Certificate (NOC) granted after what the regulator described as a detailed and careful review of the deal. According to officials, the […]
Pakistan Secures New ADB Funding to Boost Transport, Water and Connectivity Projects
Pakistan has taken another step toward improving its national infrastructure after signing fresh agreements with the Asian Development Bank (ADB) for three major development initiatives. The new financing aims to strengthen railway connectivity, improve urban transport, and upgrade water systems in key regions. Under the agreements, ADB will provide support for the preparation of two […]