News & Updates

News Update

24

Sep 2025

Sep 24, 2025 • 5 min read

Senate Finance Committee Postpones Virtual Assets Bill

A meeting of the Senate Standing Committee on Finance, chaired by Senator Saleem Mandviwala, was held today to discuss v...

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News Update

24

Sep 2025

Sep 24, 2025 • 5 min read

PIA Holding to Transfer Precision Engineering Complex to Pakistan Air Force Entity

PIA Holding Company Limited (PIAHCL) has announced the approval of a Scheme of Arrangement for the transfer of its Preci...

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News Update

24

Sep 2025

Sep 24, 2025 • 5 min read

Bilal Fibres Limited Rebrands as Zuma Resources Ltd Following SECP Approval

Bilal Fibres Limited has officially changed its name to Zuma Resources Limited, following approval from the Securities &...

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News Update

24

Sep 2025

Sep 24, 2025 • 5 min read

Power Holding Ltd to Proceed with Early Redemption of Rs. 400 Billion Pakistan Energy Sukuk

Power Holding Limited (PHL) has announced plans to proceed with the early redemption of its Shariah-compliant Sukuk Cert...

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News Update

24

Sep 2025

Sep 24, 2025 • 5 min read

Private Pakistani Airline Gets Approval for Direct Flights to UK

Private carrier Airblue has received approval from the United Kingdom’s Department for Transport (DfT) to operate flight...

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News Update

24

Sep 2025

Sep 24, 2025 • 5 min read

Mari Energies Clarifies No Decision Made on Gas Allocation

Mari Energies, one of Pakistan’s largest exploration and production companies, has stated that no formal decision has be...

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News Update

24

Sep 2025

Sep 24, 2025 • 5 min read

PIA Confirms Resumption of Direct Flights to UK

Pakistan International Airlines (PIA) announced on Wednesday that it will resume direct flights to the United Kingdom in...

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News Update

24

Sep 2025

Sep 24, 2025 • 5 min read

TIP Slams DRAP for Failing to Regulate Alternative Medicines Despite Court Orders

Transparency International Pakistan (TIP) has raised concerns over the Drug Regulatory Authority of Pakistan’s (DRAP) in...

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News Update

24

Sep 2025

Sep 24, 2025 • 5 min read

PM Shehbaz Calls on IMF to Consider Flood Damage in Review

Prime Minister Shehbaz Sharif held separate meetings with International Monetary Fund (IMF) Managing Director Kristalina...

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News Update

24

Sep 2025

Sep 24, 2025 • 5 min read

Japan Eyes Investment in Pakistan’s Reko Diq

Japan has shown interest in joining the multibillion-dollar Reko Diq copper and gold mining project, marking a potential...

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News Update

24

Sep 2025

Sep 24, 2025 • 5 min read

Govt to Seek IMF Nod for Wheat Price Support

The government will approach the International Monetary Fund (IMF) to restore the annual minimum support price (MSP) for...

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News Update

24

Sep 2025

Sep 24, 2025 • 5 min read

Pakistan to Roll Out 5G in 7 Major Cities Soon

Pakistan will begin rolling out 5G services in the coming months, starting with seven major cities, Federal Minister for...

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News Update

23

Sep 2025

Sep 23, 2025 • 5 min read

Stay Ahead of the Curve: Essential Tax Updates for Tax Practitioners in Pakistan

Navigating the ever-changing landscape of Pakistani taxation requires constant vigilance. This blog post provides cruci...

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News Update

23

Sep 2025

Sep 23, 2025 • 5 min read

Stay Up-to-Date: Essential Tax Updates for Taxpayers in Pakistan

Navigating the Pakistani tax system can be complex, but staying informed about the latest updates is crucial for complia...

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News Update

23

Sep 2025

Sep 23, 2025 • 5 min read

Sales Tax Rates & Exemptions in Pakistan: A Comprehensive Guide for Tax Practitioners

Navigating the complexities of Sales Tax (ST) in Pakistan can be challenging, even for seasoned professionals. This com...

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News Update

23

Sep 2025

Sep 23, 2025 • 5 min read

Over Rs. 1 Trillion Pulled Out of Pakistani Banks in Just 2 Months

Pakistan’s commercial banks lost more than Rs. 1 trillion in deposits during the first two months of fiscal year 2025-26...

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News Update

23

Sep 2025

Sep 23, 2025 • 5 min read

KSE-100 Profitability Rise 1.8% in FY25 to Rs. 1.7 Trillion

The combined profitability of companies in the KSE-100 index rose by 1.8% year over year to Rs. 1.66 trillion in fiscal...

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News Update

23

Sep 2025

Sep 23, 2025 • 5 min read

IT Sector Seen as Key Pillar of Pak-Saudi Agreement: IT Minister

Pakistan’s growing IT sector has immense potential to become part of the broader strategic and defense ties with the Kin...

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News Update

23

Sep 2025

Sep 23, 2025 • 5 min read

K-Electric Announces Financial Results For FY24

The Board of Directors of K-Electric (KE), in its meeting held on September 23, 2025, approved the financial results for...

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News Update

23

Sep 2025

Sep 23, 2025 • 5 min read

Pakistan Could Unlock $2.25 Billion Annually from Carbon Credits: Report

Pakistan has the potential to generate between 40 million and 75 million tons of tradable carbon credits annually, trans...

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News Update

23

Sep 2025

Sep 23, 2025 • 5 min read

Rupee Extends Positive Streak with 33 Consecutive Gains Against US Dollar

The Pakistani rupee continued its upward momentum against the US dollar on Tuesday, marking its 33rd consecutive gain in...

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