
Latest Stories

PSX sees sharp decline as selling resumes
The KSE-100 Index fell by over 700 points amid concerns over the Strait of Hormuz and US jobs data.

Services Exports Surge by 18.81% in FY26
Pakistan's services exports grew by 18.81% in FY26, with IT and telecommunications leading the growth.

Oil prices surge amid heightened tensions in Strait of Hormuz
Brent crude futures gain $3.09 amid Iranian bill to ban US and Israeli vessels from the Strait of Hormuz, while Houthi attacks…

UBG President Expresses Concern Over Trade Deficit
Pakistan’s trade deficit increased by 25% in July 2026, with energy prices driving import costs higher.

Sindh Government Launches Multiple Initiatives to Boost Industrialization
Sindh government implements tax-free packages, one-window operations, and new industrial zones to promote investment and employment.

Sindh CM highlights Thar coal blocks’ role in saving USD3.2 billion
Sindh CM highlights Thar mining blocks’ role in saving USD3.2 billion and the need for sustained partnerships.

Government’s Digital Monitoring Initiative for Oil Sector Receives Praise
Government’s push for digital transformation at OGRA to improve market discipline and consumer confidence in Pakistan's oil sector.

US set for record Middle Eastern crude imports
US set for highest Middle Eastern crude imports since Iran war, driven by Strait of Hormuz opening and rerouting through Suez Canal.

Oil prices rise amid concerns over Red Sea shipping
Brent crude futures settle up $3.04 as Iran reviews bill to ban US and Israeli vessels from Strait of Hormuz.

Metaage profits soar 330% on AI-driven enterprise growth
Metaage, a Qisda group company, reports a significant increase in first-half 2026 profits due to strong AI-driven enterprise demand.

Tasdeeq to Raise Rs450 Million Through IPO on PSX
Tasdeeq Information Services Limited is raising Rs450 million through an IPO on the Pakistan Stock Exchange. The company plans to use funds…

Jamaat-i-Islami announces nationwide sit-ins against petroleum levy
JI Emir Hafiz Naeemur Rehman announced 510 sit-ins across Pakistan, demanding the price of petrol be reduced to Rs225 per litre.

Government reduces petrol and high-speed diesel prices
Petrol and HSD prices cut effective from August 7, following international market trends.

Battery Storage Demand Soars as Solar Owners Distrust Grid
Pakistan’s distributed solar capacity has surged by 220% in one year, driven by growing distrust of the national grid and a need…

PSX Rebounds Strongly, KSE 100 Index Surges Past 181,776
The Pakistan Stock Exchange (PSX) sees strong recovery with KSE 100 Index closing at 181,776 due to improved investor sentiment and easing…

Pakistan and Chinese Firm Partner to Produce Sports Shoes
Forward Sports and Zhongzi Huaxin Group sign agreement for joint production of world-class sports footwear in Pakistan.

Government Extends NBP President’s Tenure for Two Weeks
Government extends NBP President/CEO Rehmat Ali Hasnie’s tenure for two weeks until a new CEO is appointed.


