Tag: Business News Pakistan

Attock Cement Proposes New Name Falcon Cement Limited

Attock Cement Pakistan Limited is set to undergo a proposed name change, with the company seeking to rebrand itself as Falcon Cement Limited. The proposed change was approved and recommended by the company’s Board of Directors through a resolution passed by circulation, according to a disclosure submitted to the Pakistan Stock Exchange. The name change […]

PAA Elects New Central Executive Committee for 2026–2028

The Pakistan Advertising Association (PAA) has elected a new 14-member Central Executive Committee (CEC) for the 2026–2028 term, marking a new phase for the country’s advertising industry body. The election results were announced during the association’s 11th Annual General Meeting, where members approved the agenda and formally welcomed the new leadership team. Numan Nabi Ahmed […]

SECP Simplifies Sukuk Issuance for Companies in Pakistan

Pakistan’s corporate debt market is set for a potential boost as the Securities and Exchange Commission of Pakistan (SECP) introduces a new practical guide aimed at simplifying Sukuk issuance for companies. The regulator has issued the “A Practical Guide for Corporate Issuers” to help businesses understand and navigate the process of issuing corporate Sukuk through […]

IMF Seeks Bigger Recognition of Gas Sector Losses as Pakistan Delays Rs1.7 Trillion Debt Settlement Plan

Pakistan’s efforts to resolve its growing gas sector circular debt have hit another hurdle after the government and the International Monetary Fund (IMF) failed to reach an agreement on a proposed settlement framework. The unresolved plan, valued at Rs1.7 trillion, will now undergo further negotiations, with both sides expected to resume discussions in September. The […]

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