Siemens Pakistan Finalizes Deal to Sell Energy Unit to Siemens Gamesa for Rs. 17.8 Billion

By Tehniyat Zafar ⏐ 11 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Siemens (Pakistan) Engineering Co. Ltd has announced the approval of the sale of its Energy Business Segment to Siemens Gamesa Renewable Energy (Private) Limited, a…

Shehbaz Sharif Launches Uraan Pakistan Aiming to Propel Economy with 5Es Framework

By Tehniyat Zafar ⏐ 11 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Islamabad: Prime Minister Shehbaz Sharif has officially launched Uraan Pakistan, a comprehensive five-year National Economic Transformation Plan (2024-2029), aimed at propelling the nation towards sustained…

Anupam Mittal Weighs in on Shark Tank Pakistan, Advocates for Regional Progress

By Tehniyat Zafar ⏐ 11 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Indian entrepreneur and founder of People Group, Anupam Mittal, recently shared his views on Shark Tank Pakistan in a candid LinkedIn post. While he humorously…

Pakistani Banks Ordered to Refund Millions to Fraud Victims Following Presidential Decision

By Tehniyat Zafar ⏐ 11 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The President of Pakistan, Asif Ali Zardari has ordered Allied Bank and Muslim Commercial Bank (MCB), among other major banks, to return a total of…

Al Meezan Group Website Restored After Brief Security Breach on Dec 29

By Tehniyat Zafar ⏐ 11 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

On December 29, 2024, at around 10:45 PM PST, the official website of Al Meezan Group experienced a brief security breach, during which the website’s…

Pakistan’s PSO Approves SPA Agreement with Azerbaijan’s SOCAR for Petroleum Product Supply

By Tehniyat Zafar ⏐ 11 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Pakistan State Oil Company Limited (PSO) has approved the execution of a Sale and Purchase Agreement (SPA) with the State Oil Company of the…

Pakistan Emerges as World’s Third-Largest Sesame Exporter

By Tehniyat Zafar ⏐ 11 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Pakistan has ascended to the position of the world’s third-largest sesame exporter, with annual exports surpassing $1 billion, Federal Minister for National Food Security and…

Park View Enclave Challenges Silkbank-UBL Merger in Sindh High Court

By Tehniyat Zafar ⏐ 11 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Park View Enclave (Private) Limited has initiated legal proceedings against the proposed merger between Silkbank Limited and United Bank Limited (UBL). The lawsuit, filed in…

Ride-Hailing Giant InDrive Invests in Pakistan’s Krave Mart

By Huma Ishfaq ⏐ 11 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The ride-hailing unicorn inDrive is looking to expand into new emerging markets, so it made a smart investment in the Pakistani food delivery firm Krave…

Is the 5,000 Rupee Note Being Discontinued Soon?

By Huma Ishfaq ⏐ 11 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: Several Members of Parliament (MPs) and government officials have recently expressed their opinions that the 5,000 rupee note should be abolished, citing concerns over…

PSX Sees Sharp Drop as Shares Tumble Nearly 2,000 Points Amid Afghanistan Tensions

By Tehniyat Zafar ⏐ 11 months ago ⏐ Newspaper Icon Newspaper Icon 3 min read

The Pakistan Stock Exchange (PSX) experienced a sharp decline on Thursday, as bearish sentiment took hold, with shares plummeting by nearly 2,000 points. The KSE-100…

Only 600,000 of 3.3 Million Top Pakistani Earners File Taxes; FBR Report

By Tehniyat Zafar ⏐ 11 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial has revealed that Pakistan’s top 5% income earners owe an alarming Rs. 1.6 trillion in…

Punjab to Enforce 5% Penalty on Non-Banking Property Transactions

By Tehniyat Zafar ⏐ 12 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Punjab government has announced that it will impose a 5% penalty on immovable property transactions conducted without the use of banking channels. This decision…

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