Hub Power Profit from BYD Stake Plunges 99.8% in One Year
The Hub Power Company (HUBC) has reported a sharp decline in earnings from its investment in the BYD project, with profits falling by 99.8% to just Rs. 0.5…
PSX Falls Below 163,000 as US-Iran Tensions Trigger Market Selloff
Pakistan’s stock market extended its losses on Thursday, with the benchmark KSE-100 Index falling 1.71% to close at 162,994 points, as escalating geopolitical tensions dampened investor sentiment.…
FFC Reports Rs. 17.5 Billion Profit in Q1 2026, Announces Rs. 8.5 Dividend
Fauji Fertilizer Company (FFC) has announced its financial results for the first quarter ended March 31, 2026, reporting a solid performance driven by strong fertilizer sales…
Trump Backs US $2.4 Billion Offer to Upgrade Pakistani Airport Security Amid E-Gate Controversy
The administration of President Donald Trump is officially backing a $2.4 billion investment offer to overhaul security at major Pakistani airports. American firm Securiport has…
Oil Prices Surge Above $120 Amid Hormuz Tensions and UAE Exit from OPEC
Global oil prices spiked sharply on Thursday, with Brent crude briefly touching $122 per barrel, marking its highest level since 2022, as geopolitical tensions and…
Gold and Silver Prices in Pakistan Today, 30th April, 2026
Recent geopolitical tensions in the Middle East have resulted in above-average price volatility for gold and silver. Typically, the prices of gold and silver in…
Dr. Gohar Ejaz Criticizes Interest Rate Hikes Amid Fuel-Driven Inflation in Pakistan
Dr. Gohar Ejaz, Chairman of the Economic Policy and Business Development think tank and former caretaker federal minister, has raised serious concerns over Pakistan’s reliance…
Pakistan OMC Sector Profit Surges 130% to Rs52.9bn in 9MFY26
Pakistan’s Oil Marketing Company (OMC) sector posted a 130% year-on-year increase in earnings during the first nine months of FY26, with total profits rising to Rs52.9 billion compared to Rs22.9…
Air Link Enters BNPL Market With New Digital Lending Subsidiary
Air Link Communication Limited (PSX: AIRLINK) has entered Pakistan’s growing Buy Now Pay Later (BNPL) market through the launch of a wholly owned subsidiary, marking a…
PC Board Recommends Transaction Structure for Privatisation of ZTBL
The government of Pakistan has approved a transaction structure and restructuring plan for the sale of Zarai Taraqiati Bank Limited (ZTBL), the state-owned agricultural lender,…
Pakistan’s Weekly Oil Import Bill Jumps 300% to $800 Million Amid Gulf War
Prime Minister Shehbaz Sharif said Pakistan’s weekly oil import bill has surged to $800 million, up from around $300 million before the Gulf war, as rising global fuel prices…
CCP Approves PIA Acquisition by Arif Habib-Led Consortium
The Competition Commission of Pakistan (CCP) has formally approved the sale of the national airline, PIA, to a private consortium under the ongoing government-led privatisation…

