Pakistan’s capital market is set to welcome a new Shariah-compliant entrant as the Securities and Exchange Commission of Pakistan (SECP) has cleared the Initial Public Offering of Pak-Qatar General Takaful Limited (PQGTL). The approval allows the company to move ahead with the public offering of 30 million ordinary shares. Following the IPO, these shares will […]

Pakistan’s exports of services recorded strong growth during the first five months of fiscal year 2025–26, rising by 16.77 percent to $3.833 billion between July and November, according to official data. The increase was mainly driven by higher earnings from information technology and telecom-related services. Data from the Pakistan Bureau of Statistics show that services […]

United Bank Limited (UBL) has become Pakistan’s largest listed company after its market capitalisation reached Rs. 1.28 trillion, or around $4.6 billion. This milestone allowed UBL to overtake Oil & Gas Development Company (OGDC), whose market value stood at Rs. 1.26 trillion, or about $4.53 billion. The strong performance was driven by a sharp rise […]

The federal government has decided to install Advanced Metering Infrastructure (AMI) in five power Distribution Companies (Discos) as part of efforts to modernise Pakistan’s electricity distribution system and reduce heavy financial losses. According to sources close to the Managing Director of the Private Power and Infrastructure Board (PPIB), losses caused by transmission and distribution (T&D) […]

A PTI leader in Khyber Pakhtunkhwa has denied allegations of political pressure behind the closure of the Swat Serena Hotel, saying the hotel shut down voluntarily after refusing to accept a proposed increase in its annual lease. According to the source, Akhtar Khan, a PTI Member of the Provincial Assembly (MPA) from Swat rejected claims […]

Pakistan’s mobile phone imports rose sharply by 40.5% to $801.1 million in the first five months of FY2025-26, compared to $570.2 million during the same period last year, according to data from the Pakistan Bureau of Statistics (PBS). The increase highlights strong demand for mobile devices in the country. In November 2025 alone, mobile imports […]

Pakistan is set to redevelop New York’s iconic Roosevelt Hotel through a $3–4 billion project, aiming to significantly increase the value of its stake. The government plans to use a joint venture model, contributing the land while private partners provide equity and debt financing. This approach is expected to raise the value of Pakistan’s investment […]

Oil and Gas Development Company Limited (OGDCL), one of Pakistan’s leading exploration and production companies, has announced a new oil and gas discovery in District Kohat, Khyber Pakhtunkhwa. The discovery was made at its exploratory well Baragzai X-01 (Slant), located under the Nashpa Exploration License. OGDCL shared the development in an official notice to the […]