BUSINESS

Government will move ahead with the privatization of three power distribution companies IESCO, FESCO and GEPCO with expressions of interest expected to be issued shortly, as the government accelerates reforms aimed at creating a competitive electricity market. Prime Minister Shehbaz Sharif gave the directive while chairing a meeting on the power sector to push for […]

Pakistan’s power generation sector recorded a total output of 8,050 GWh in November 2025, 19% lower MoM, according to data compiled by Arif Habib Limited. The sector achieved a remarkable 15% reduction in average fuel costs YoY, which signaled improved efficiency in the country’s evolving energy mix. Nuclear generation surged 23% YoY to reach 2,031 […]

Pakistan and Uzbekistan agreed to intensify cooperation across political, parliamentary and economic fronts during a meeting in Islamabad. The discussions built on a framework supported by multiple signed agreements and a newly established high-level coordination mechanism. The understanding emerged from talks between Advisor to the Chairman Senate and Ambassador for the Inter-Parliamentary Speakers’ Conference, Misbah […]

Pakistan is considering the phased and regulated adoption of genetically modified (GMO) maize to boost agricultural productivity, exports, and food security. The technology could raise yields by 15–20 maunds per acre and strengthen the country’s competitiveness in global markets. Federal Minister for National Food Security and Research Rana Tanveer Hussain chaired the meeting, while the […]

The All Pakistan Textile Mills Association (APTMA) has formally requested the Federal Board of Revenue (FBR) to grant an extension of at least three weeks for the filing of sales tax returns and the payment of sales tax.  The letter cites severe disruptions in logistics caused by ongoing transport strikes across the country. In a […]

The benchmark KSE-100 Index concluded Tuesday’s trading session at 170,447.29, showing a decrease of 294.05 points or 0.17%. The index traded in a range of 1,730.62 points showing an intraday high of 171,922.60 (+1,181.26) and a low of 170,191.98 (-549.36) points. The total volume of the KSE-100 Index was 475.39 million shares. Of the 100 […]

Fertilizer consumption in Pakistan during November 2025, witnessed a 13.9% increase YoY in overall nutrient offtake to stand at 616,000 tonnes, according to the latest Monthly Fertilizer Review released by the National Fertilizer Development Centre (NFDC). In November, urea offtake was at 819,000 tonnes, registering an increase of 25.3% compared to the same month last […]

Mutual funds doubled down on select large-cap names in November 2025, with Pakistan State Oil (PSO) emerging as the most heavily owned stock among the top 30 mutual fund holdings. According to the data compiled by Arif Habib Limited, mutual funds collectively held 47.2% of PSO’s free float in Nov’25, cementing its position as the […]

Pakistan and Kuwait moved toward expanding cooperation across the petroleum sector as both sides reviewed existing arrangements and explored additional areas of collaboration during official engagement in Kuwait. The development shows continued coordination between the two countries at a time when Pakistan is prioritizing energy supply stability and upstream participation amid sustained reliance on imported […]

Shareholders of Oilboy Energy Limited have approved a change in the purpose of utilisation of funds raised through the company’s 100% right issue, amounting to Rs250 million, during an Extra Ordinary General Meeting (EOGM) held today. According to a notice submitted to the Pakistan Stock Exchange (PSX), the shareholders ratified and approved the revised use […]