Engro Powergen Announces New CEO
Engro Powergen Qadirpur Limited (PSX: EPQL) has appointed Khurram Abdullah as its chief executive officer, effective October 15, 2026, according to a notice submitted…
Tag: Business
USF Spends Over $1 Billion on Telecom Projects in Pakistan
Notably, the Universal Service Fund (USF) has deployed more than $1 billion in contracted subsidies to expand telecom connectivity nationwide, IT Minister Shaza Fatima…
IT Minister Backs KP Governor’s Rule
Federal Minister for Information Technology Shaza Fatima Khawaja has backed the new Governor's setup in Khyber Pakhtunkhwa and remarked it will improve governance, bring…
UN Agency Announces Shocking Poverty Rate of Pakistan
More than one-third of Pakistan's population faces overlapping deprivations in health, education and living standards, according to the United Nations Development Program's (UNDP) latest…
Pakistan to Pay Double for LNG This Winter
Pakistan's LNG import bill is projected to reach $1.29 billion from November 2026 to February 2027 as winter demand and disruptions to Qatari supplies…
Satellite Internet Launch in Final Stages
Pakistan's satellite internet launch has entered its final stages and the administration is due to finalize the regulatory framework after completing consultations with relevant…
Cement Nears Rs. 2,000 per Bag
Cement rates climbed throughout Pakistan last week, making construction more expensive according to data issued by the Pakistan Bureau of Statistics (PBS).
IMF Contradicts Govt’s Inflation Claims for FY27
For context, the International Monetary Fund (IMF) has raised its inflation forecast for Pakistan to 9.9 percent for fiscal year 2026-27 while keeping its…
Small Businesses to Get Rs. 2.2 Trillion Loans by 2028
Prime Minister Shehbaz Sharif has ordered the administration to double financing for small and medium-sized enterprises (SMEs) to Rs.
Shortage of Local Funds Cuts Foreign-Funded Projects by Half
For context, the administration has cut funding for foreign-funded development projects by more than half, reducing the allocation from Rs.