Business

Armed robbers hijack Karachi trailer on M-9 Motorway near Nooriabad incline

The Hyderabad Chamber of Small Traders and Small Industry warned that insecurity on the route could disrupt the regional commercial supply chain.

President Zardari receives credentials from Norway, Azerbaijan and Switzerland ambassadors-designate

The diplomatic meetings focused on expanding economic cooperation, climate action, and regional connectivity with the three European nations.

Rawalpindi Chamber of Commerce hosts session on property tax reforms and fees

The chamber urged the government to include trade representatives in grievance committees to ensure a fairer, business-friendly taxation mechanism.

Dar and Al Zayani discuss boosting Pakistan-Bahrain trade to $1 billion

Bahrain has recruited 1,800 Pakistani personnel, including 30 retired army officers, for the Bahrain National Guard.

Madrid tenants protest after María del Carmen Abascal's eviction highlights housing crisis

The incident, where an investment firm sought to raise rent by 230%, fuels wider concerns over Spain's soaring housing costs.

IMF proposes amending SOE laws for next billion-dollar loan tranche

The IMF requires legislative changes to state-owned enterprises before a potential board meeting in late November.

BMW unveils iX4 as third vehicle on Neue Klasse platform

The iX4 supports NACS charging and bidirectional capabilities, expanding its charging options.

CDA auctions seven petrol pump sites and five hotel plots next week

The auction details specify separate dates for the petrol pump sites and hotel plots, alongside payment structures for bidders.

Richard Yaffa launches A⁵ Media Group to build direct fan revenue streams

The new venture aims to move industry focus beyond mere reach metrics toward deep, revenue-generating fan relationships.

Senator Aurangzeb chairs committee reviewing power sector reforms and future needs

Discussions focused on integrating solar power, managing changing demand, and establishing clear rules for private investment.

ICCI-PBF France & Europe join hands boosting Pakistan trade and investment

The collaboration specifically targets sectors like luxury goods and infrastructure, beyond just tourism.

Banking system approves Rs 400 billion financing for affordable housing

The economy grew by 3.7 percent last year, and growth of more than 4 percent was expected this year.

Shell expects refineries to almost double profit from every barrel of fuel

Shell's gas production was cut by a third due to damage to a key gas processing facility in the Gulf from the Iran crisis.

Georgieva warns AI risks global inequality amid energy price pressures

The IMF chief stressed that managing AI's potential growth requires global cooperation to avoid widening economic gaps.

Spot gold rises to $4,163.16; Pakistani rupee closes at 277.05 against dollar

Local gold prices were Rs437,536 per tola and 10-gram gold was Rs375,116 on 2026-10-06.

Salaried class paid Rs144 billion in income tax this fiscal year

Sharif directs gas supply continuity, prioritises domestic use and energy strategy

The Prime Minister also mandated a focus on alternative energy promotion and infrastructure development plans.

SIFC meets Hunza business leaders to ease regulatory hurdles in Gilgit-Baltistan

The discussions focused on simplifying rules and improving coordination to boost private sector growth across the region.

Skydance board sets date for warrant distribution to PSKY stock holders

The distribution offers PSKY shareholders an opportunity to buy Class B common stock at a set price.

FBR proposes waiving surcharge for late filers joining Active Taxpayers’ List

The proposal allows late filers to join the ATL without the usual surcharge, provided they commit to a six-month property restriction.

Cheema directs AJK and GB to tender for Asaan Khidmat Centres

The federal government confirmed funding while also directing a feasibility study for expanding the service model.

Finance Minister Aurangzeb affirms Pakistan moves toward sustainable growth

The fiscal deficit is at a 22-year low, and twin deficits shrank to 2.6% at the end of June.

G7 nations release reserves amid Middle East oil export rebound

The increased supply from emergency reserves and rising exports suggest a potential easing of immediate price pressures in the oil market.

Gohar Khan calls PM Sharif's talk offer 'symbolic' amid political standoff

The Prime Minister warned that continued sit-ins would directly impact the nation's economy, escalating the political tension.