The Competition Commission of Pakistan (CCP) has approved three separate merger applications submitted by Petroleum Exploration (Private) Limited (PEL) for the acquisition of certain shareholdings in PKP Kirthar B.V., PKP Exploration II Limited, and PKP Kadanwari Limited from KUFPEC Pakistan Holdings B.V. The approvals were granted after a comprehensive Phase-I review under Section 11 of…
BingX, a leading cryptocurrency exchange and Web3 AI company, has launched the expansion of its Real-World Asset (RWA) perpetual futures offerings, introducing access to five popular RWAs — Gold, Silver, Brent Oil, WTI Oil, and Natural Gas — with the flexibility of USDT settlement through BingX platform. Read More: Telenor Pakistan and AARI Partner to…
As the much-trumpeted Lahore Science Mela (LSM) 2025 came to a close on a high note, Dr. Rashid Mahmood, Spokesperson of Pakistan Atomic Energy Commission (PAEC) has urged that such successful events need to be launched in other major cities of the country especially the capital. Read More: Saudi group launch AI Hub in Pakistan…
Possibly in a bid to prevent further solarisation – the government has announced an electricity subsidy to agriculture and industrial consumers. The move could invite a new conflict of narrative between the Climate change initiative and the power sector of Pakistan.Prime Minister Muhammad Shehbaz Sharif has announced the Roshan Maeeshat Electricity Package aimed at boosting…
The Barelvi groups have decided not to back TLP in political affairs, and in return the sealed mosques in Islamabad have been handed to the original management. An initial agreement has been reached between the federal government and a group of religo- political parties under the banner of Tanzeemat Ahl-e-Sunnat Pakistan. As a result, all…
The Securities and Exchange Commission of Pakistan (SECP) has approved amendments to the Pakistan Stock Exchange (PSX) regulations, making it mandatory for listed companies to hold Corporate Briefing Sessions (CBS) on their annual audited financial accounts. The reforms are designed to enhance the overall conduct of these sessions by improving investor engagement, reducing information asymmetry,…
While customers remain confused over internet service slowdown in many areas of the country but mainly in Karachi, the companies remain mute over the matter. The late night disruptions in the internet speed was felt mainly by the customers of Cybernet and Storm fibre.However there was no statement or acknowledgement by the companies ,the ministry…
Ali Pervez Malik, Federal Minister for Petroleum, undertook a significant visit to Russia, where he participated in the 14th St. Petersburg International Gas Forum 2025 (SPIGF) and held high-level meetings to bolster bilateral cooperation in the oil, gas, and minerals sectors. Minister Malik led the Pakistani delegation at the prestigious forum, a global gathering of…
In a groundbreaking ruling that strengthens protections for working women across Pakistan, the Federal Ombudsperson for Protection against Harassment of Women at the Workplace (FOSPAH) has decided that terminating a woman during her maternity leave constitutes gender-based discrimination, imposing a fine of Rs. 1 million on the private firm Embrace IT.The order came in response…
TikTok has removed more than 25 million videos in Pakistan for Community Guidelines violations during the period April to June 2025, with majority of them removed within 24 hours. TikTok is one of the largest short video platforms globally, the Q2 2025 Community Guidelines Enforcement Report released by the company highlighted the commitment to create…