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PSX announces recipients of Top 25 Companies Awards for 2024

PSMU Desk Date: 11-December-2025 Karachi: In an exciting development for the capital markets and the economy as a whole, Pakistan Stock Exchange announces the list of recipients of the Top 25 Companies Awards for the calendar year 2024. These are the most prestigious and coveted awards in the corporate sector and were initiated by the […]

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Ex-spy master Faiz Hameed sentenced to 14 years imprisonment

Pakistan army arrests former spymaster Faiz Hameed, initiates court martial proceedings Former chief of the Inter-Services Intelligence Faiz Hameed has been sentenced to 14 years rigorous imprisonment by a military court, the Inter-Services Public Relations (ISPR) said on Thursday. The military’s media affairs wing said in a statement that the process of Field General Court […]

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SpaceX sets sights on $1.5 trillion valuation for major IPO in 2026

THE UPCOMING IPO COULD SHATTER RECORDS PSMU Monitoring Desk San Francisco: SpaceX is gearing up for a historic initial public offering (IPO) in mid-to-late 2026, with the ambitious goal of achieving a valuation of $1.5 trillion, according to new reports from Bloomberg News citing multiple sources familiar with the matter. If successful, this would make […]

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Pakistan secures record Rs659.6bn in debt settlement: Minister

STRENGTHENING CAPITAL MARKETS AND ECONOMIC REFORMS PSMU Exclusive: ISLAMABAD: In a significant milestone for Pakistan’s financial landscape, Federal Minister for Power, Sardar Awais Ahmed Khan Leghari, announced the successful completion of a historic PKR 659.6 billion debt settlement. The groundbreaking transaction includes the redemption of PKR 399.6 billion in Pakistan Energy Sukuk (PES) I & […]

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SpaceX sets sights on $1.5 trillion valuation for major IPO in 2026

THE UPCOMING IPO COULD SHATTER RECORDS PSMU Monitoring Desk San Francisco: SpaceX is gearing up for a historic initial public offering (IPO) in mid-to-late 2026, with the ambitious goal of achieving a valuation of $1.5 trillion, according to new reports from foreign news channel citing multiple sources familiar with the matter. If successful, this would […]

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A splendid partnership between Fizza Fiaz and skipper Eman Naseer leads Pakistan Women’s U19 to a six-wicket victory

Pakistan’s Eman Naseer and Bangladesh’s Sadia islam will lead their respective U19 teams in the five-match T20 series from Wednesday as they look to kick-start the preparations for the ICC Women’s U19 World Cup 2027 to be held in Nepal and Bangladesh. The series is set to be played on 3, 5, 7, 10 and 12 December at the Cox’s Bazar academy Ground in Bangladesh. All the five matches are set to begin at 12.30pm PKT with […]

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District Kohat: OGDCL unveils major oil and gas discovery in Nashpa Block

GAME-CHANGER: SHAPING A BRIGHTER FUTURE FOR PAKISTAN’S ENERGY SECTOR PSMU Exclusive: Islamabad: In a remarkable development for Pakistan’s energy landscape, Oil and Gas Development Company Limited (OGDCL) has made a major oil and gas discovery at its exploration well Baragzai X-01 (Slant) in the Nashpa Block, located in district Kohat, Khyber Pakhtunkhwa (KP). This groundbreaking […]

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OGDCL makes major oil & gas discovery at Baragzai X-01 in Nashpa Block

Oil and Gas Development Company Limited (PSX: OGDC) has reported a significant oil and gas discovery at the Baragzai X-01 (Slant) exploratory well in the Nashpa Block, located in district Kohat, Khyber Pakhtunkhwa. According to the company, the well has produced 2,280 barrels per day of oil and 5.6 million standard cubic feet per day (MMSCFD) of […]