October 12, 2026

Business

Stock exchange building signage, insurance acquisition news

Corporate Insurance Acquisition: Jazz International Successfully Completes 76.33% Share Purchase of TPL Insurance

KARACHI — In a major development filed directly with the Pakistan Stock Exchange (PSX), Jazz International Holding Limited (the Acquirer) has officially completed its strategic acquisition of TPL Insurance Limited. According to the formal regulatory disclosures, Jazz has successfully acquired 76.33% of the issued share capital and operational control of TPL Insurance under a comprehensive

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Thick smoke rising from an industrial factory fire in Karachi

Regional Utility Competitiveness: SITE and KATI Industrialists Demand Regional Power Tariffs to Protect Exports

KARACHI — Seeking immediate federal and provincial intervention to maintain export momentum, top business leaders from the Karachi SITE Association and Korangi Association of Trade and Industry (KATI) have officially urged the government to implement regional utility competitiveness measures. During a high-profile session, SITE President Abdul Rehman Fudda and KATI Patron-in-Chief Zubair Motiwala briefed Sindh

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Officials shaking hands at Pakistan-China investment signing

Pakistan China Investments: MoUs Worth $20 Billion Transition Into Formal Commercial Contracts

BEIJING / ISLAMABAD — Strategic economic cooperation between Islamabad and Beijing has crossed a major milestone as over $20 billion worth of Memorandums of Understanding (MoUs) successfully transition into active commercial contracts. Pakistan’s Ambassador to China, Khalil Hashmi, briefed Finance Minister Muhammad Aurangzeb on the development, highlighting massive private sector engagement. The transition includes nine

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PAITS Pakistan livestock traceability system launch

Livestock Export Modernization: PM Shehbaz Launches PAITS and Guarantees 100% Vaccine Funding

ISLAMABAD — To rapidly scale up Pakistan’s agricultural export footprint, Prime Minister Shehbaz Sharif has formally launched the Pakistan Animal Identification and Traceability System (PAITS) during a national seminar in Islamabad. Addressing industry leaders, the Premier guaranteed that the federal government will provide 100% funding for the local development of Foot and Mouth Disease (FMD)

Livestock Export Modernization: PM Shehbaz Launches PAITS and Guarantees 100% Vaccine Funding Read More »

trade activity Pakistan Railways Freight Revenue

National Freight Revenue Growth: Pakistan Railways Registers Record 20% Earnings Surge to Touch Rs115 Billion

LAHORE / ISLAMABAD — Bolstering the state’s multi-modal logistics layout, Railways Minister Muhammad Hanif Abbasi confirmed that Pakistan Railways revenue has achieved a phenomenal 20% year-on-year surge, banking Rs115 billion for the fiscal cycle. Defying major regional disruptions, freight commercial operations aggressively generated Rs41 billion — marking a solid 14% growth — while standard passenger

National Freight Revenue Growth: Pakistan Railways Registers Record 20% Earnings Surge to Touch Rs115 Billion Read More »

Stock exchange trading floor, tech IPO oversubscription

Tech Sector IPO Subscription: Select Technologies Limited Public Offering Oversubscribed by 1.73 Times

KARACHI / ISLAMABAD — Signifying robust retail investor trust in tech-driven equities, the Select Technologies IPO has closed with a massive 1.73x oversubscription rate. According to formal regulatory data submitted to the Pakistan Stock Exchange (PSX) by book-runner Arif Habib Limited, the public subscription window pulled in 12,186 individual applications worth a staggering Rs1.31 billion.

Tech Sector IPO Subscription: Select Technologies Limited Public Offering Oversubscribed by 1.73 Times Read More »

Shipping containers at port, freight revenue growth

National Freight Revenue Growth: Pakistan Railways Registers Record 20% Earnings Surge to Touch Rs115 Billion

LAHORE / ISLAMABAD — Bolstering the state’s multi-modal logistics layout, Railways Minister Muhammad Hanif Abbasi confirmed that Pakistan Railways revenue has achieved a phenomenal 20% year-on-year surge, banking Rs115 billion for the fiscal cycle. Defying major regional disruptions, freight commercial operations aggressively generated Rs41 billion — marking a solid 14% growth — while standard passenger

National Freight Revenue Growth: Pakistan Railways Registers Record 20% Earnings Surge to Touch Rs115 Billion Read More »

Telecom office signage, CEO appointment news

Tech Sector IPO Subscription: Select Technologies Limited Public Offering Oversubscribed by 1.73 Times

KARACHI / ISLAMABAD — Signifying robust retail investor trust in tech-driven equities, the Select Technologies IPO has closed with a massive 1.73x oversubscription rate. According to formal regulatory data submitted to the Pakistan Stock Exchange (PSX) by book-runner Arif Habib Limited, the public subscription window pulled in 12,186 individual applications worth a staggering Rs1.31 billion.

Tech Sector IPO Subscription: Select Technologies Limited Public Offering Oversubscribed by 1.73 Times Read More »

Stock market data screen, capital market reforms

Capital Market Capitalization Boom: SECP Structural Reforms Yield Over Rs20 Billion via H1 IPO Run

KARACHI / ISLAMABAD — Driven by aggressive capital market structural simplifications, the Securities and Exchange Commission of Pakistan (SECP) has successfully broken the country’s long-standing, singular dependency on commercial banking credit for corporate expansion. Official data finalized for the first half of 2026 reveals that nine major corporate entities successfully raised over Rs20 billion ($71

Capital Market Capitalization Boom: SECP Structural Reforms Yield Over Rs20 Billion via H1 IPO Run Read More »