May 29, 2026
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Thar Coal to Hydrogen: Pakistan Inks $1.2 Billion Deal for Green Ammonia Project

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THAR / BERLIN — Pakistan has signed a massive $1.2 billion agreement with a German energy consortium to launch a Green Ammonia production plant in Thar. By utilizing solar and wind power, the facility will produce carbon-free hydrogen, positioning Pakistan as an emerging player in the global green fuel market. This project aims to decrease […]

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Telecom Revolution: PTCL & Telenor Merger Officially Completed; New Industry Giant Emerges

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ISLAMABAD — The Competition Commission of Pakistan (CCP) has given the final green light for the historic merger between PTCL Group (Ufone) and Telenor Pakistan. This creates the country’s largest telecom entity with a combined subscriber base of over 70 million. The merger is set to accelerate the infrastructure rollout for 5G services across Pakistan,

Telecom Revolution: PTCL & Telenor Merger Officially Completed; New Industry Giant Emerges Read More »

BYD to Setup Electric Vehicle Plant in Karachi: $200 Million Investment Approved

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KARACHI — Global electric vehicle giant BYD has finalized a $200 million investment to set up its first assembly plant in Karachi. The Sindh Government has already allotted land near Port Qasim for the facility. This plant will not only provide affordable electric cars and bikes but also offers a permanent solution to high fuel

BYD to Setup Electric Vehicle Plant in Karachi: $200 Million Investment Approved Read More »

5G Is Here: Mobile Operators Complete Trial Runs in Major Cities of Pakistan

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LAHORE / KARACHI — Pakistan mein 5G ka intezar khatam hone ko hai. Top mobile operators ne Karachi, Lahore, aur Islamabad mein 5G trials kamyabi se mukammal kar liye hain. PTA ke mutabiq, in trials mein internet speed 1.5 Gbps tak record ki gayi hai. Agle mahine se commercial launch ki umeed hai, jis se

5G Is Here: Mobile Operators Complete Trial Runs in Major Cities of Pakistan Read More »

Market Resistance: PSX Closes High as KSE-100 Reclaims Ground Amid Economic Uncertainty

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KARACHI — Despite the geopolitical tension, the Pakistan Stock Exchange (PSX) showed remarkable resilience today. The KSE-100 index gained over 650 points, closing in the green as local investors took advantage of low prices in the energy and fertilizer sectors. Analysts believe that while the petrol hike is a concern, the stability in foreign reserves

Market Resistance: PSX Closes High as KSE-100 Reclaims Ground Amid Economic Uncertainty Read More »

Islamabad Returns to Normal: Red Zone Containers Removed After Peace Talks Stall

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ISLAMABAD — Life is finally resuming in the twin cities as the local administration has started removing containers from major entry points. This comes after the scheduled visit of U.S. peace envoys was canceled by President Trump. While the “Islamabad Accord” is currently on hold, schools, colleges, and offices have reopened today. Commuters are advised

Islamabad Returns to Normal: Red Zone Containers Removed After Peace Talks Stall Read More »

Huge Relief: Petrol Prices in Pakistan Slashed by Rs. 36 Per Litre Starting Today

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ISLAMABAD — In a major development providing much-needed relief to the inflation-hit public, the Government of Pakistan has announced a significant reduction in petroleum prices. Petrol prices have been slashed by Rs. 36 per litre, bringing the new rate down from its previous peak. This move comes as international oil prices stabilized and the Pakistani

Huge Relief: Petrol Prices in Pakistan Slashed by Rs. 36 Per Litre Starting Today Read More »

SpaceX $60 Billion Deal: Elon Musk Eyes Buyout of Pakistani-Led AI Startup

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SAN FRANCISCO / ISLAMABAD — In a proud moment for the Pakistani tech ecosystem, a Silicon Valley-based AI startup co-founded by a Pakistani entrepreneur has reportedly drawn a $60 billion buyout option from Elon Musk’s SpaceX. This development has sent shockwaves through the global tech world, highlighting the immense potential of Pakistani talent in the

SpaceX $60 Billion Deal: Elon Musk Eyes Buyout of Pakistani-Led AI Startup Read More »

PSX Faces Profit-Taking: KSE-100 Dips 1,800 Points Amid Regional Uncertainty

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KARACHI — After a week of record-breaking highs, the Pakistan Stock Exchange (PSX) witnessed a sharp correction today. The KSE-100 index shed over 1,800 points (approx. 1.1%), closing near the 167,000 mark. Analysts suggest that this dip is a natural result of “profit-taking” by investors who had gained significantly during the recent bull run. Additionally,

PSX Faces Profit-Taking: KSE-100 Dips 1,800 Points Amid Regional Uncertainty Read More »

PTCL Returns to Profitability After 4 Years; Announces 5G Launch for Next Month

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ISLAMABAD — After years of financial struggle, the Pakistan Telecommunication Company Ltd (PTCL) has officially returned to profitability. In its latest financial briefing, the company credited its turnaround to aggressive digital transformation and infrastructure growth. Along with the profit news, PTCL Group announced that it is set to formally launch 5G services in Pakistan next

PTCL Returns to Profitability After 4 Years; Announces 5G Launch for Next Month Read More »

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