Ring Road Economic Zones Spur Rawalpindi's Growth
The development of economic zones along Rawalpindi's Ring Road is significantly boosting the city's economy, attracting investment, and creating thousands of jobs.
The development of economic zones along Rawalpindi's Ring Road is significantly boosting the city's economy, attracting investment, and creating thousands of jobs.
Chief Minister Maryam Nawaz Sharif announces a major plan to promote small industries across Punjab, forming an 11-member Economic Transformation Committee to accelerate industrial development and link local products to global markets.
A sharp increase in jet fuel prices is expected to drive up domestic and international airfares in Pakistan by 20-30%, impacting travel costs significantly.
A close associate of real estate tycoon Malik Riaz has been sentenced to 10 years in prison for corruption and money laundering, marking a significant legal development in Pakistan's anti-graft efforts.
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RecommendedA drone survey in Pakistan has identified 204 large commercial and residential properties not registered in the tax system, highlighting significant revenue loss and enforcement gaps.
Pakistan Railways has increased passenger and freight fares by 5% to 7.5% due to rising fuel costs, effective immediately. The move aims to offset operational expenses amid economic challenges.
Etihad Town has launched its Overseas Block in a new phase, offering 5 to 10 marla residential and commercial plots on Main Raiwind Road, catering to international investors and local buyers.
A significant increase in fuel prices has led to a sharp rise in public transport fares across Pakistan, putting immense financial pressure on daily commuters and sparking widespread concern.
Pakistan has issued its first-ever green property certificate, a digital document aimed at enhancing transparency in land records and reducing fraud. This initiative marks a significant step in modernizing the country's real estate sector.
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RecommendedThe Punjab Transport Department accelerates feasibility and design work for the Blue Line metro in Lahore, a 27-km underground route set to serve over 250,000 passengers daily within three years.
Sindh Minister Nasir Hussain Shah announces strict measures against builders failing to complete projects, including blacklisting and barring from future approvals, to protect homebuyers.
Parkview City Islamabad has partnered with United Bank Limited to offer home financing options for buyers, enhancing affordability and investment opportunities in the real estate sector.
Lahore's historic railway station is undergoing a major modernization project with new parking, parks, and access roads to eliminate congestion and improve travel convenience for thousands of passengers.
Pakistan Railways has indefinitely suspended the Bolan Mail train service between Quetta and Karachi due to safety and security concerns, impacting passenger travel and freight logistics.
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RecommendedA new high-performance engine oil specifically designed for Omoda and Jaecoo vehicles has been introduced in Pakistan, promising enhanced engine protection and efficiency.
Suzuki Pakistan introduces the Fronx, the country's first XUV, featuring a 1.5L hybrid engine, premium interior, and advanced safety features like 6 airbags, aiming to redefine urban mobility.
Traders in Karachi's Saddar area staged a protest against the market administration, alleging their vehicle tyres were slashed. The incident has sparked tensions and calls for an investigation into the matter.
Gold prices in Pakistan have continued their upward trajectory, with per tola rates reaching Rs526,462 after a daily gain of Rs2,500, closely following international market trends.
A new runway has been inaugurated at Jinnah International Airport in Karachi, enhancing flight operations and supporting Pakistan's aviation growth with modern infrastructure.
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RecommendedConsumer rights groups in Pakistan are urging authorities to crack down on the sale of substandard LPG cylinders, citing severe safety risks and economic losses for users.
Car ownership in Pakistan has declined to just 11 vehicles per 1,000 people, highlighting economic challenges and rising costs affecting consumer spending.
A family festival in Karachi highlighted women's empowerment with 29 women-led stalls showcasing homegrown businesses. Young entrepreneurs shared how digital platforms transformed hobbies into sustainable income sources.
Pakistan Airports Authority commits Rs100 billion for Jinnah International Airport expansion, including new terminal and cargo village to meet rising passenger demand.
ICCI President Sardar Tahir Mehmood urges PM Shehbaz Sharif to hold a National Real Estate Conference to tackle regulatory and investment challenges, highlighting the sector's role in economic growth and employment.
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RecommendedBYD Pakistan, in collaboration with Mega Motor Company, has launched the Atto 2 and Sealion 7 all-electric vehicles, offering limited-time benefits like free chargers and a 10-year battery warranty until February 28.
Multan Division is set to launch an electric bus service with 114 buses and 470 modern shelters to offer affordable, safe, and eco-friendly transport, reducing traffic and pollution.
President Asif Ali Zardari has called for the modernization of Pakistan's rail freight system to boost economic growth and improve logistics efficiency.
Railways Minister Muhammad Hanif Abbasi inaugurated the Business Facilitation Centre at Pakistan Railways Headquarters in Lahore, aiming to improve freight, logistics, and commercial operations through speed and transparency.
Punjab government approves electric green buses for Muzaffargarh-Multan route, set to launch in 2026, with new terminal and expanded services to ease traffic and meet public demand.
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RecommendedBrigadier (retd) Shoeb Anwar Kayani details REDAMCO's transparent plans to develop Pakistan Railways' 168,000 acres of land through leases for shopping malls, hotels, and IT parks, generating revenue and urban growth.