Water Crisis on Rawalpindi-Islamabad Border After CDA Revokes NOCs
A severe water crisis has hit 14 localities on the Rawalpindi-Islamabad border after CDA revoked NOCs for 20 tube wells, triggering protests and price hikes for private tankers.
Category : Business
Muharram Food Prices Soar in Rawalpindi: Catering Shops Hike
Catering shops in Rawalpindi have increased prices of plain rice, curry, biryani, pulao and sweet dishes as Muharram food offerings begin, with a 10-kg pot of white chickpeas selling for Rs12,500.
Rs300M Equipment Sold for Rs3.8M at Mansehra Hospital
King Abdullah Teaching Hospital in Mansehra auctioned over 150 functional medical items worth Rs300-400 million for just Rs3.8 million, sparking allegations of mismanagement.
Pakistan's Cotton Cultivation Plunges, Threatening Textile Exports
Punjab's cotton cultivation fell 18% short of target, dropping to 2.614 million acres, signaling a crisis for Pakistan's textile exports and industrial competitiveness.
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Karachi's Price Control: A Mockery of Law
Karachi's price-control regime is a charade where official price lists exist but enforcement is absent, Commissioner Counters have vanished, and plastic bag bans are selectively applied, mocking the law.
SAMF, Brandship Partner for Saudi National Championships 2026
SAMF has signed a strategic partnership with Brandship as Strategic Supporter for the Saudi National Championships 2026, boosting motorsport development in the Kingdom.
Pakistan Weather: Hot and Dry, Isolated Rain in Upper Regions
Pakistan Meteorological Department forecasts hot and dry weather for most parts on Tuesday, with isolated rain-wind/thunderstorms in upper Khyber Pakhtunkhwa, Kashmir, Gilgit-Baltistan, and northeastern Punjab.
Pakistan Ends Fuel Subsidies After Global Price Drop
Pakistan discontinues fuel subsidies for motorcyclists, farmers, and public transport after global prices fell sharply, with petrol now at Rs299 and diesel at Rs311 per litre.
Pakistan Weather: Hot and Dry with Isolated Rains in Upper Areas
PMD forecasts mainly hot and dry weather across Pakistan on Tuesday with isolated rain-wind/thunderstorms in upper Khyber Pakhtunkhwa, Kashmir, Gilgit-Baltistan and northeastern Punjab.
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Saudi Arabia Solidarity with Qatar After Gas Plant Blast
Saudi Arabia expressed solidarity with Qatar after a gas plant explosion in Ras Laffan killed 13, injured 66, and left 18 missing. The Kingdom offered condolences and support.
Safer Co. CEO: Firm Ready to Resume LNG Exports
Safer Exploration & Production Operations Co. CEO Salem Kaiti says the company is technically prepared to resume LNG exports once the government authorizes and security improves, as production has halved due to war.
Pakistan Navy seizes $215m drugs off Gwadar coast
The Pakistan Navy seized narcotics worth $215 million in a joint operation near Gwadar, confiscating 1,500kg of hashish and 500kg of methamphetamine.
Pakistan Repatriates 200+ Nationals from Libya in 2026
Pakistan repatriated over 200 citizens from Libya in 2026 via two major operations, highlighting the deadly risks of illegal 'Dunki' migration. FIA reforms led to a 47% drop in illegal migration attempts.
Qatar Gas Terminal Blast Kills 13 Pakistanis, Indians
An explosion at Qatar's Ras Laffan natural gas export terminal killed 13 people from India and Pakistan and injured 66 others as workers tried to resume operations after an Iranian attack.
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SWA Unveils 18 Water Sector Investment Opportunities Worth SR15B
The Saudi Water Authority has unveiled 18 investment opportunities worth over SR15 billion ($4 billion) to localize water industries and services, supporting Vision 2030 with projected returns of up to 12 percent.
Jordan Pakistan Military Talks on Drone Cooperation
Jordan's top military officer met Pakistan's drone commander in Amman to discuss drone systems, advanced defense technologies, and training cooperation, according to Jordan News Agency.
NA Approves Rs 3 Trillion Defence, Rejects 587 Cut Motions
The National Assembly approved 135 demands for grants for FY 2026-27, including Rs 3 trillion for defence services, while rejecting 587 cut motions by opposition. Finance Minister Muhammad Aurangzeb moved the demands.
Pakistan Petroleum Imports Up 2.23% in 11 Months
Pakistan's petroleum imports increased by 2.23% to $14.953 billion during July-May 2025-26, driven by a 27.29% rise in crude oil imports, while LNG imports dropped 37.21%, according to PBS data.
Qatar Gas Hub Blast Kills 13, Injures 66: Minister
A blast at Qatar's Ras Laffan gas hub killed 13 and injured 66. Energy minister Saad Al-Kaabi confirmed it was an accident, not sabotage, and said exports are unaffected.
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South Lebanon building damage estimated at $1.38 bn
Direct damage to buildings in south Lebanon from the Israel-Hezbollah war is estimated at around $1.38 billion, with 11,095 buildings completely destroyed, according to a UN and Lebanese survey.
Alif Holdings Hosts Live Podcast on Real Estate Future
Alif Holdings organizes a live podcast with Punjab Minister Bilal Yaseen and journalist Mansoor Ali Khan to discuss housing policy, urban development, and investment in Pakistan's real estate sector.
Uzbekistan Signs $43.1B in Deals at Tashkent Forum
The fifth Tashkent International Investment Forum concluded with 166 investment agreements totaling $43.1 billion, signaling a shift from promotion to concrete partnerships.
Saudi Index Steady at 11,072; Fisheries Surges 9.96%
Saudi Tadawul All Share Index closed nearly flat at 11,072.40 on Monday, with Saudi Fisheries Co. surging 9.96% to SR49.44, while Tadweeer signed a SR60 million credit facility.
Saudi Arabia Issues 322 New Industrial Licenses in April
Saudi Arabia issued 322 new industrial licenses in April with investments exceeding SR12.33 billion, and 188 factories began production, creating over 6,500 jobs.
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BISP Reflects Benazir Bhutto's Vision: Aseefa Zardari
First Lady Bibi Aseefa Bhutto Zardari stated that BISP embodies Shaheed Mohtarma Benazir Bhutto’s vision, supporting vulnerable groups. She praised reforms for transparency and financial inclusion.
5.4 Earthquake Rocks Islamabad, Parts of KP
A 5.4 magnitude earthquake struck Islamabad and Khyber Pakhtunkhwa on June 22, 2026, triggering panic but no casualties or damage, according to the Pakistan Meteorological Department.
Saudi Masam Clears 1,779 Explosives in Yemen
Saudi Masam project removed 1,779 explosive devices in Yemen last week, including mines and IEDs, bringing the total cleared since 2018 to 568,961.
Turkey-Saudi Railway Under Review, Financing Options Assessed
Turkey's transport minister says the proposed railway linking Saudi Arabia and Turkey is under technical evaluation, aiming to create a Gulf-to-Europe corridor via Jordan and Syria, boosting trade and regional integration.
5.4-Magnitude Earthquake Hits Islamabad, Punjab, K-P
A 5.4-magnitude earthquake jolted Islamabad and parts of Punjab and Khyber-Pakhtunkhwa on Monday, with no loss of life or property reported, according to PDMA.
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Gold Prices Surge Rs4,643 Per Tola in Pakistan
Gold prices in Pakistan rose sharply by Rs4,643 per tola to Rs442,636 on Monday, driven by a $46.43 increase in international rates to $4,202 per ounce, according to the All Pakistan Sarafa Gems and Jewellers Association.
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