development

KARACHI, September 6, 2026: The Pakistan Petroleum Dealers Association (PPDA) has called on Karachi Mayor Barrister Murtaza Wahab to immediately order the reopening of petrol pumps sealed by the Karachi Metropolitan Corporation (KMC). The association described the action as illegal and urged the mayor to ensure that PPDA leadership is …

ISLAMABAD, September 5, 2026: China’s meteorological technology is helping Pakistan strengthen its weather forecasting and early warning capabilities, enabling communities to better prepare for floods, heavy rainfall and other extreme weather events. The cooperation between the China Meteorological Administration (CMA) and the Pakistan Meteorological Department (PMD) includes the use of …

KARACHI, September 4, 2026: MG Motor Pakistan has introduced the All New MG HS Petrol in Karachi during its “Experience More Karachi” brand event. The event brought together MG customers, business partners, media representatives and automotive enthusiasts to explore the company’s latest vehicles, technology and mobility solutions. The All New …

KARACHI, September 3, 2026: Pakistan’s Consumer Confidence Index (CCI) fell sharply to 65.3 during January-March 2026, according to the latest report by Dun & Bradstreet Pakistan and Gallup Pakistan. The index stood at 86.4 in the previous quarter, showing a decline of 24.4 percent. The report said consumer confidence weakened …

KARACHI, September 3, 2026: BankIslami has launched Pakistan’s first Shariah-compliant Gold-Based Financing facility, allowing customers to obtain financing against their gold assets without interest. The new facility enables customers to access financing of up to PKR 5 million, with flexible repayment tenures of up to four years. The initiative is …

KARACHI, September 3, 2026: Growing public interest in electric vehicles and rising demand for EV charging infrastructure were among the key highlights on the opening day of the Pakistan EV and Solar Expo at the Karachi Expo Centre. The expo brought together a range of clean-energy products, including electric motorcycles, …

ISLAMABAD, September 3, 2026: Energy experts, regulators, researchers and industry stakeholders have called for strengthening the basic systems of power distribution companies (DISCOs) before expanding Pakistan’s Competitive Trading Bilateral Contracts Market (CTBCM). The recommendations came during a session organised by the Sustainable Development Policy Institute (SDPI) under its Network for …

ISLAMABAD, September 3, 2026: The Securities and Exchange Commission of Pakistan (SECP) has issued show-cause notices to 28,761 companies for failing to disclose their Ultimate Beneficial Owners (UBOs). Every registered company in Pakistan is required to identify and report the individuals who ultimately own or control the company by filing …