Airlines Cancel Flights as Middle East Conflict Escalates
Major airlines worldwide are canceling flights to and from the Middle East as regional tensions escalate, impacting travel routes and passenger safety.
Category : Corporate News
CCP Calls for Strong, Self-Reliant Civil Aviation Sector
The Competition Commission of Pakistan emphasizes the need for a robust and independent domestic civil aviation industry to enhance economic growth and national security.
Pakistani Expert Boosts Qatar LNG Firm's Financial Reporting
Muhammad Mansoor Iqbal, a Pakistani financial reporting expert, has revolutionized quarterly reporting for Qatar Gas Transport Company (Nakilat), reducing group close cycles from 12 to 5 days and cutting errors by 80% through automation and standardizatio
SECP Registers 3,444 New Companies in February
The Securities and Exchange Commission of Pakistan (SECP) registered 3,444 new companies in February 2026, a 4% increase from January, with IT and services sectors leading growth.
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SCCI President Visits MIDC and IST Sialkot for Industry Ties
Syed Ahtesham Mazhar, President of Sialkot Chamber of Commerce and Industry, led a delegation to Metal Industries Development Centre and Institute of Surgical Technology, pledging support for enhanced industry-institution collaboration.
Akhuwat, Macter Launch Qarz-e-Hassan Project in Orangi
A Memorandum of Understanding has been signed between Akhuwat Foundation and Macter International to launch a Qarz-e-Hassan project in Orangi Town, Karachi, aimed at providing interest-free loans to support low-income families and small businesses.
CCP Approves Bestway Automotive Acquisition of Al-Haj
The Competition Commission of Pakistan has approved Bestway Automotive's acquisition of Al-Haj Automotive, finding no competition concerns under the Competition Act, 2010.
PIA Suspends Gulf Flights After Middle East Tensions
Pakistan International Airlines suspends flight operations to several Gulf destinations due to escalating tensions in the Middle East, impacting travel routes.
American Airlines Jet Lands in Miami with Bullet Holes
An American Airlines flight from Colombia landed at Miami International Airport with bullet holes in its fuselage, prompting an investigation by authorities.
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Reese's Grandson Slams Hershey for Recipe Changes to Iconic Brand
The grandson of H.B. Reese has publicly criticized Hershey for alleged recipe modifications to the iconic Reese's Peanut Butter Cups, sparking debate among fans and industry observers.
Disney Names Josh D'Amaro CEO for Post-Iger Leadership
The Walt Disney Company has selected Josh D'Amaro, the current head of its parks division, as the new CEO to guide the company after Bob Iger's tenure, marking a strategic shift in leadership.
US Commerce Delegation Visits SECP for ADR Talks
A US Department of Commerce delegation met with SECP officials to discuss establishing an Alternative Dispute Resolution Centre in Pakistan, aiming to improve the business environment and investor confidence.
PIA Privatization Concludes with Arif Habib Consortium
The Pakistan International Airlines privatization process concluded with the signing of transaction documents between the Government of Pakistan and the Arif Habib Consortium in Islamabad.
Akhuwat Foundation Dinner at Governor House Sindh
The Akhuwat Foundation held its annual dinner at Governor House Sindh, attended by prominent personalities. The event announced pledges for the new year and raised funds for welfare initiatives.
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Pepsi Revives 'Pepsi Challenge' in Super Bowl Ad vs Coca-Cola
PepsiCo has revived its famous 'Pepsi Challenge' marketing campaign in a new Super Bowl advertisement, directly targeting rival Coca-Cola in a bold move to boost brand visibility and market share.
PIA Privatization Deal Signed with Arif Habib Consortium
The privatization of Pakistan International Airlines concluded with the signing of transaction documents between the federal government and the Arif Habib Consortium in Islamabad.
Pakistan Breakfast at Davos 2026 Highlights Economic Reforms
The Pathfinder Group's flagship Pakistan Breakfast at Davos 2026 brought together global leaders, with PM Shehbaz Sharif and Finance Minister Aurangzeb outlining economic reforms and investment opportunities.
Pakistani Auto Sales Drop 32% in FY25, PAMA Reports
Pakistan's auto industry faces a severe 32% sales decline in FY25. Motorbikes and three-wheelers lead the downturn. Explore the PAMA data and what it means for the economy.
CCP Approves Toyota-Daimler Commercial Vehicle Restructuring
Pakistan's Competition Commission approves the restructuring of Indus Motor Company and Master Motors, paving the way for new Toyota and Mercedes-Benz commercial vehicles. Discover the impact on the auto sector.
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PIA Starts Air-to-Rail Facility for Canada, UK Passengers
Pakistan International Airlines launches a new air-to-rail facility for passengers traveling to Canada and the UK, offering seamless connectivity from major Pakistani cities to final destinations.
IESCO, PMC Clarify Rs1 Billion Rent Default News
Islamabad Electric Supply Company and Pakistan Medical Commission refute reports of a Rs1 billion rent default. Official statements clarify the payment status and legal standing.
SECP Reforms Fuel 33% Jump in New Business Registrations
SECP's landmark reforms have triggered a 33% surge in company registrations, enhancing Pakistan's business transparency and ease of doing business. Discover the key changes.
State-Owned Enterprises Post Rs122.9 Billion Net Loss in FY25
Pakistan's state-owned enterprises suffered a massive Rs 122.9 billion net loss in FY25. The Cabinet Committee on SOEs reviews performance, highlighting PIA and Pakistan Steel Mills as major contributors to the financial crisis.
UAE Hosts 1.4 Million Active Companies, Reveals Minister
UAE's economy surges with 1.4 million active companies, a 13% annual growth. Minister Bin Touq highlights the nation's robust business environment and strategic vision for future economic diversification.
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Warner Bros Rejects Paramount's $1.08B Takeover Bid
Warner Bros Discovery has turned down a revised $1.08 billion offer from Paramount Global, opting to continue its lucrative licensing partnership with Netflix instead. Get the full details on this major media industry decision.
PIA Loses Rs 77 Billion Due to Aircraft Grounding Crisis
Pakistan International Airlines faces a staggering Rs 77 billion loss from grounded aircraft, shrinking its operational fleet to just 19 planes. The crisis deepens as financial woes mount.
Warner Bros. Rejects Paramount's $108.4B Offer
Warner Bros. Discovery's board unanimously rejected Paramount Skydance's $108.4 billion offer, calling it inadequate. They urge shareholders to support the existing Netflix merger for better value and certainty.
FBR Seals Safina Sugar Mills Chutes Over Tax Violations
FBR seals two chutes at Safina Sugar Mills for failing to install mandatory digital cameras. Action underscores zero-tolerance policy on tax evasion in sugar sector. Read details.
SAFCO Outlines 2026 Goals After Award-Winning 2025
SAFCO Group held its New Year 2026 ceremony in Hyderabad, reviewing a year of global recognition and pledging intensified efforts in tech, agriculture, and women's economic empowerment. Read their strategic vision.
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Paramount's $26B Warner Bros. Acquisition Bid Rejected
Paramount Global's ambitious $26 billion bid to acquire Warner Bros. Discovery has been blocked. Discover the reasons behind this failed mega-merger and its impact on the media landscape.
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