PLA’s 98th Anniversary Celebrated at GHQ with Emphasis on Regional Peace and Bilateral Strength At an event commemorating the 98th founding anniversary of the People’s Liberation Army (PLA) of China, Chief of Army Staff Field Marshal Syed Asim Munir praised the long-standing military and diplomatic partnership between Pakistan and China, referring to it as a […]
IMF Blocks Discounted Power Plan for Industries Over Recovery Concerns
In a setback to Pakistan’s efforts to support industrial growth, the International Monetary Fund has declined a proposed discounted energy package put forth by the Ministry of Energy, sources familiar with the matter confirmed on Friday. The proposed plan intended to offer cheaper electricity derived from surplus national generation capacity — estimated at 8,000 megawatts […]
Bank Makramah Limited Accelerates Recapitalization with Major Capital Injections and Strategic Asset Sale, Signaling Robust Future Growth
Karachi, July 4, 2025 – Bank Makramah Limited (BML) is making significant strides in its recapitalization efforts, reinforcing its commitment to long-term financial stability and growth. This progress is supported by a recent PKR 5 billion deposit from His Excellency Nasser Abdulla Hussain Lootah, BML’s esteemed Sponsor. This amount, to be recorded as an advance […]
New Fare Structure for Peshawar BRT to Take Effect on July 1
TransPeshawar, the authority behind the Bus Rapid Transit (BRT) network in Peshawar, has declared a new fare regime that will be implemented on July 1, 2025. The updated fares will affect thousands of commuters who rely on the BRT system daily for affordable and efficient public transportation. As per the revised schedule, each stop will […]
Xiaomi and Gran Turismo announce partnership
Lahore, Pakistan, June 16, 2025 — Xiaomi and Polyphony Digital today announced a landmark partnership at Round One of the Gran Turismo World Series 2025. Under this collaboration, Xiaomi SU7 Ultra — Xiaomi EV’s top-of-the-line high-performance luxury electric vehicle — will debut in the globally acclaimed racing simulator Gran Turismo 7, for PlayStation 4 and […]
Pakistan’s Economy Set for Growth, Says Finance Minister Muhammad Aurangzeb
Economic Policies Steering Pakistan in the Right Direction Pakistan’s Minister for Finance, Muhammad Aurangzeb, has stated that the country’s economy is on a strong recovery path due to the government’s careful fiscal management measures. Speaking at the AlUla Conference for Emerging Market Economies in Saudi Arabia, Aurangzeb highlighted that the government is committed to difficult […]
Pakistan’s Economic Comeback: Ishaq Dar Discusses Growth & Privatization
Pakistan’s Economic Journey: From Crisis to Progress During a special address at a Pakistan Business Council event, Deputy Prime Minister Ishaq Dar reaffirmed that Pakistan’s economy is regaining strength, despite past difficulties. Dar reflected on 2013’s challenges, where the country faced:⚡ Unprecedented load shedding🔫 Terrorism on the rise📉 A weak financial system on the verge […]
Driving Real Estate Growth: GT Properties Brings Expertise to Etihad Town Investment
In an exciting development for the real estate sector, GT Properties, the trusted strategic salespartner of Etihad Town, is now making its mark in Lahore & Sialkot. Known for its innovative, secure, andprofitable investment solutions in Lahore, GT Properties is bringing its wealth of expertise to thisthriving city. As the exclusive sales partner for Etihad […]
PAA Dismisses Reports of Delays, Confirms Normal Airport Operations
The Pakistan Airport Authority (PAA) has dismissed rumors of extended delays for international passengers at Islamabad International Airport (IIA) and confirmed that airport operations remain normal nationwide. Addressing the Claims In recent days, reports surfaced alleging that international passengers were facing delays of up to 72 hours at IIA. Responding to these claims, the PAA […]
October 2024 Sees Pakistan’s Current Account in Surplus by $349 Million
For the third month in a row, Pakistan has achieved a current account surplus, recording $349 million in October 2024, as reported by the State Bank of Pakistan (SBP). This marks a stark contrast to October 2023, which had a deficit of $287 million, showcasing considerable improvement in the country’s external financial health. Strong Export […]