A day after signing agreement to invest in mining sector American investors have shown interests in Gwadar port and the LNG industry in Pakistan. A US delegation visited the Ministry of Maritime Affairs and met Federal Secretary Syed Zafar Ali Shah. During the meeting, the secretary briefed the delegation on Pakistan’s port facilities, operational capacities,…
Systems Limited and Mashreq have announced the renewal and expansion of their strategic technology partnership, reinforcing a shared commitment to accelerating digital transformation across Pakistan’s banking sector. This milestone marks two years of collaboration and reflects the high-impact outcomes achieved through the engagement of Systems Limited’s dedicated technology teams. Read More: Mashreq Expands Global Footprint…
Oil and Gas Development Company Limited, Pakistan’s largest exploration and production company, on Friday launched its new logo, “OGDC — the energy,” introducing a refreshed identity that reflects the company’s 65-year legacy of excellence and its beginning of “a new era of energy”. The new logo symbolises the company’s renewed commitment to its values and…
The government plans to shift the industrial units as well as water supply system in Gwadar area from conventional electricity to solar power. Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry has announced that efforts are underway to implement solar-based solutions aimed at operationalising and improving the efficiency of Gwadar Port. As the Prime…
Alibaba.com, a leading global business-to-business (B2B) e-commerce platform, today celebrated the nation’s top e-commerce businesses at the KEL Awards 2025 ceremony while launching its enhanced Trade Assurance 2.0 service in Pakistan. The event brought together key industry leaders, including Omer Khalid, Vice President of SCCI and Sayyed Ahmad Masud, Project Director of the National Incubation…
The Auditor General Pakistan (AGP), has highlighted serious objections into the financial affairs of Securities and Exchange Commission of Pakistan (SECP), including illegal increase in salary package of its chairman and the commissioners worth more than Rs156 mn per annum. The AGP highlighted that under the law, SECP has to take approval from the Ministry…
50+ new launches, 100% authentic products, and discounts that deliver more with every scroll Daraz Pakistan is all set to launch its 8.8 Ate It Sale from 8 to 14 August, bringing an action-packed week of deals and daily surprises to shoppers across the country. With vouchers worth PKR 25 crore, free nationwide delivery, and…
The case of rehearing in the highest ever penalty for price fixing and cartelisation has been delayed due to the Supreme Court’s summer holidays. The sugar mills and the Pakistan Sugar Mills Association (PSMA) have requested the Competition Commission of Pakistan (CCP) to postpone their hearing as the lawyers were on leave. The 79 sugar…
The Competition Commission of Pakistan (CCP) has released a draft report titled “Competition Assessment Study of the Fertilizer Industry in Pakistan” for stakeholder and public comments. The study highlights key competition-related challenges in the fertilizer sector and proposes recommendations to improve efficiency and promote fair competition.Pakistan’s fertilizer plants have a combined production capacity of 9.4…
Mashreq Bank has announced its financial results for the first half of 2025, highlighting a strong operating performance underpinned by solid fundamentals, continued strategic investments, and prudent risk management. Read More: Mashreq Expands Global Footprint with Opening of Representative Office in Türkiye Mashreq’s operating income reached AED 6.2 billion in H1 2025, reaffirming the Bank’s…