The Pakistan Stock Exchange's benchmark KSE-100 index declined by 1,576.48 points, closing at 171,579.31 points with a 0.91% drop. Trading volume and market capitalization also decreased significantly during the session.
Sitara Petroleum Service Limited announces an initial public offering to raise up to Rs4.8 billion, with proceeds funding storage terminal development, fuel station expansion, and tanker fleet growth as it transitions toward an integrated OMC model.
Federal Minister Abdul Aleem Khan welcomes the strategic agreement between the Asian Development Bank and the National Highway Authority for the M6 Motorway, a 306-km project set to enhance national connectivity and boost trade.
Director Sabahat Hussain urges farmers to adopt modern techniques like laser leveling and certified seeds for better cotton production, emphasizing water conservation and pest resistance.
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ASA Microfinance Bank and Turaco have formed a strategic partnership to integrate affordable insurance directly into microfinance loans, aiming to protect millions of underserved customers across Pakistan from unforeseen financial risks.
Pakistan Telecommunication Company Limited (PTCL) announced exceptional consolidated financial results for Q1 2026, with revenue surging 58% year-on-year and net profit reaching Rs3.1 billion. The group's acquisition of 5G spectrum positions it as a leade
APNS President Sarmad Ali and Secretary General Muhammad Athar Kazi express deep sorrow over the death of Gulzar Ali's wife, extending condolences to the bereaved family.
The State Bank of Pakistan has received a $1 billion deposit from Saudi Arabia's Ministry of Finance, marking the second installment of a $3 billion financial agreement between the two nations.
Gold prices in Pakistan fell sharply on Tuesday, with per tola price dropping by Rs1,000 to Rs500,162. The decline mirrors international trends where gold lost $10 per ounce.
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Former Prime Minister Shahid Khaqan Abbasi has announced that construction on the Rohri-Karachi railway track will commence in September, marking a significant infrastructure development for Pakistan's transportation sector.
The Pakistani rupee appreciated by 01 paisa against the US dollar in interbank trading, closing at Rs278.91. Forex rates for Euro, Pound, and other currencies also saw minor adjustments as per FAP and SBP data.
Federal Board of Investment Minister Qaiser Ahmed Sheikh held high-level bilateral meetings with global business leaders at the Commonwealth Trade and Investment Summit 2026 in London to strengthen Pakistan's investment partnerships and promote economic c
Magnum Ice Cream Company appoints Mert Turgut as General Manager for Pakistan, leveraging his 15+ years in consumer goods to drive growth and innovation in the local market.
The Saudi Riyal trades at Rs74.42 against the Pakistani Rupee, with selling rates around Rs74.99, showing minimal movement since early 2026. Remittances from Saudi Arabia, a key source at $913.3 million in May 2025, support households despite reduced purc
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Gold and silver prices have fallen in both local and global markets, driven by economic factors and market trends. This decline impacts investors and consumers, reflecting broader financial shifts.
The Protectorate of Emigrants in Rawalpindi contributed 26.45% of Pakistan's 763,526 overseas workers in 2025, processing 52,000 registrations by mid-April 2026 under streamlined supervision.
Gold and Minerals Ltd. Co. partners with Ajlan and Bros Mining Co. on a $300 million integrated gold project in Saudi Arabia's Al-Duwaihi Belt, aiming to boost economic diversification and create 1,200 jobs under Vision 2030.
Turkey's long-term natural gas import contract with Iran is set to expire in July, with no current negotiations for renewal. The deal supplies 9.6 billion cubic meters annually, but actual flows have consistently fallen short.
Pakistan's central bank confirmed a $2 billion repayment to the UAE as part of maturing deposits, with $3.5 billion total due by April end, amid ongoing IMF program and external financing pressures.
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Saudi Arabia is pioneering sustainable agriculture through advanced technologies like hydroponics and vertical farming to combat water scarcity and achieve Vision 2030 food security goals, reducing water use by up to 95%.
Pakistan's SECP reports stable foreign investment in Q1 2026 with 220 foreign-shareholder companies registered, while overall new company registrations jumped 12.5% to 10,318, led by IT and e-commerce sectors.
Drought conditions across the contiguous United States have reached unprecedented spring levels, with over 61% of states affected. Experts warn of severe wildfire seasons, water shortages, and rising food prices due to climate-driven dry conditions.
A catastrophic pollution event in Iraq's Tigris River has killed over 1,000 tons of fish, devastating local farmers. Contaminated water from the Diyala tributary, filled with untreated sewage, wiped out entire aquaculture projects overnight.
Pakistan International Airlines has initiated its pre-Hajj flight operations, with the first flight carrying 390 pilgrims from Sialkot to Madinah. The airline plans to transport over 55,000 pilgrims through 191 flights from multiple Pakistani cities.
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The US has committed $50 million to the Phalaborwa Rare Earths Project in South Africa, aiming to reduce reliance on China for critical minerals used in electronics, defense, and EVs, despite strained diplomatic relations.
ACWA Power and Saudi Energy Co. have signed a $3.07 billion power purchase agreement for the Rabigh 2 gas plant, a key project supporting Saudi Vision 2030's clean energy goals.
Saudi Central Bank Governor Ayman Al-Sayari emphasized the Kingdom's support for stronger international cooperation to combat money laundering and terrorist financing during the FATF ministerial meeting in Washington.
Oman's private sector showed steady growth in Q4 2025, with enterprise numbers up 0.2% to 268,286 and total value added increasing 4.7% to 8.68 billion rials. Medium-sized enterprises led job growth at 7.9%, while GDP rose 2.3% to 42.14 billion rials.
Saudi productive families are driving economic growth by blending tradition with innovation in the food industry, facing challenges like marketing and costs while offering authentic, high-quality products.
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Saudi Arabia's Tadawul All Share Index declined by 0.78% to close at 11,464.54 points, with trading turnover reaching SR4.92 billion. The parallel market Nomu also fell, while key corporate announcements shaped market movements.
