Govt Moves to Offer Long-Term Concession for Management of Islamabad, Lahore & Karachi Airports

By Sabica Tahira ⏐ 4 weeks ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The federal government has advanced to the next phase of its airport privatisation plan, moving toward offering the management of Islamabad, Lahore, and Karachi international…

AKD Group Joins Arif Habib Consortium for PIA Privatisation

By Sabica Tahira ⏐ 4 weeks ago ⏐ Newspaper Icon Newspaper Icon 2 min read

In a major development for the Pakistan International Airlines (PIA) privatisation process, the Privatisation Commission Board has approved the inclusion of AKD Group Holdings (Pvt.)…

Govt Finalizes HBFCL Privatisation Deal with PMRCL

By Sabica Tahira ⏐ 4 weeks ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The government has moved a step closer to finalizing the privatisation of House Building Finance Company Limited (HBFCL), as the Privatisation Commission Board approved a…

Govt to Gradually Phase Out Remittance Incentive Schemes

By Sabica Tahira ⏐ 4 weeks ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The government has approved a gradual phase-out of the Home Remittance Incentive Schemes (HRIS) to ensure foreign exchange inflows remain stable and unaffected. The Economic…

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QAU Partners With Cambridge University to Boost Research Innovation

By Sabica Tahira ⏐ 4 weeks ago ⏐ Newspaper Icon Newspaper Icon 2 min read

In a major academic milestone, Quaid-e-Azam University (QAU), Islamabad, has signed a landmark research and innovation agreement with the University of Cambridge to enhance collaboration…

ECC Approves Rs. 659.6 Billion Guarantee to Settle IPP Dues

By Sabica Tahira ⏐ 4 weeks ago ⏐ Newspaper Icon Newspaper Icon 2 min read

In a major move to ease financial strain in the power sector, the Economic Coordination Committee (ECC) has approved a government guarantee of Rs. 659.6…

Govt Enforces 10% Women’s Job Quota Across Federal Departments

By Sabica Tahira ⏐ 4 weeks ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The federal government has directed all ministries and departments to strictly implement the 10% women’s job quota in public sector employment, reinforcing its commitment to…

Registrar Admits Error in HASCOL–Mena Energy $9.5m Case

By Sabica Tahira ⏐ 4 weeks ago ⏐ Newspaper Icon Newspaper Icon 2 min read

In a rare administrative slip-up, the Sindh High Court’s Registrar Office has acknowledged an oversight that unintentionally revived an eight-year-old $9.5 million dispute between Hascol…

Punjab to Enforce Mandatory Helmet Rule and Stricter Traffic Fines

By Sabica Tahira ⏐ 4 weeks ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Punjab Cabinet has approved major amendments to the Motor Vehicle Ordinance 1965, aiming to strengthen road safety laws and introduce modern traffic management systems.…

FBR Recovers Rs840 Million from Lahore-Based Leather Firm Over Tax Evasion

By Sabica Tahira ⏐ 4 weeks ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Federal Board of Revenue (FBR) has successfully recovered Rs840 million from ATS Synthetics, a prominent Lahore-based leather manufacturing company, after freezing its bank accounts…

Rupee Strengthens for 32nd Straight Day Against US Dollar

By Sabica Tahira ⏐ 4 weeks ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Pakistani rupee (PKR) maintained its upward trajectory on Friday, appreciating for the 32nd consecutive day against the US dollar (USD). It gained three paisas…

IESCO Imposes Rs13.6 Million in Fines, Arrests 42 Over Power Theft in October

By Sabica Tahira ⏐ 4 weeks ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Islamabad Electric Supply Company (IESCO) has intensified its crackdown on electricity theft, imposing Rs13.6 million in fines and arresting 42 individuals involved in illegal…

Remittances from Overseas Pakistanis Surge to $3.4 Billion in October 2025

By Sabica Tahira ⏐ 4 weeks ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Pakistan’s economy received a strong boost in October 2025 as remittances from overseas Pakistanis surged to $3.4 billion, marking an 11.9% year-on-year increase, according to…

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