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Islamabad, February 11: The Securities and Exchange Commission of Pakistan (SECP) has approved the acquisition of a controlling stake in TPL Insurance Limited by Jazz International Holding Limited, marking a significant milestone for foreign direct investment (FDI) in Pakistan’s insurance sector. The transaction brings together a leading digital insurer and …

Karachi: Pak Suzuki Motor Company (PSMC) has achieved a major milestone by exporting its popular Ecstar engine oil to Oman for the first time, becoming Pakistan’s first OEM to accomplish this achievement. According to the company, Ecstar is a globally recognized engine oil brand used for cars, motorcycles, and outboard …

Karachi: Karachi International Container Terminal (KICT) is facing serious delays as more than 38,000 containers are still pending delivery. Customs authorities have issued a warning and may take legal action under the Customs Act, 1969. The Collectorate of Customs Appraisement West sent a notice to KICT CEO Naveed Qureshi, saying …