After the refusal of the Pakistan Telecommunication Authority (PTA), the Federal Board of Revenue (FBR) has decided to summon all mobile phone operators to ensure the blockage of SIMs of 506,671 non-filers by the deadline of May 15, 2024.

A top FBR …

Hascol Petroleum Limited (PSX: HASCOL) has conditionally accepted an offer from Millat Global Holdings to proceed with negotiations and documentation and engaging with banks to accept it as majority sponsor shareholder of the petroleum company, a HAS…

The Tariq Bajwa-led inquiry Committee has proposed the Federal Board of Revenue (FBR) to establish a dedicated enforcement force for the Track and Trace project whose sole task should be to carry out effective enforcement which is critically needed f…

The Competition Commission of Pakistan (CCP) approved a 40% equity stake acquisition in Gas and Oil Pakistan Ltd (GO) by Aramco, a global leader in integrated energy and chemicals.

This transaction marks Aramco’s first entry into Pakistan’s fuels re…

According to data issued by the Karachi Sarafa Association, the price of gold (24 carats) increased by Rs. 1,100 per tola to Rs. 242,000, while the price of 10 grams registered an increase of Rs. 943 to Rs. 207,476.

Last week, the price of the preci…

Almost 3 months into office, the coalition government has pulled off a critical feat in a country long ravaged by inflation. Believe it or not, the new finance team has stabilized the currency – by tampering with it.

A high-profile Karachi-based cur…

Pakistan is considering the possibility of introducing digital currency within its borders, Finance Minister Muhammad Aurangzeb said during a session of the World Economic Forum (WEF) on Sunday.

Speaking at the event, Aurangzeb briefly discussed Pak…

The Board of Directors of Mari Petroleum Company Limited (PSX: MARI) in its meeting held on April 26, 2024, approved an investment of upto Rs. 2.5 billion in Mari Mining Company (Pvt) Limited (MMC) by way of equity injection, the exploration firm tol…

The Ministry of Planning, Development and Special Initiatives is seeking exemption from the Public Procurement Regulatory Framework (including PPRA Rules and Regulations) for the special program for hiring consulting firms to support the ministries.
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The Executive Board of the International Monetary Fund (IMF) will meet today to discuss releasing SDR 828 million (around US$1.1 billion) to Pakistan as the third and final token of its $3 billion Stand-By Arrangement, Finance Ministry sources told P…