SE Fruits Withdraws PSX IPO Application, Plans Fresh Filing With More Disclosures
SE Fruits and Vegetable Limited has decided to withdraw its existing initial public offering (IPO) application from the Pakistan Stock Exchange (PSX) process and submit a fresh application after revising its prospectus to include additional disclosures. The company announced the decision on Tuesday, saying its board of directors had approved changes to provide investors with…
Govt to Announce New Wheat Prices Soon After Provincial Consultations
Prime Minister Shehbaz Sharif has announced that the government will soon determine new wheat prices after consultations with the provinces. The decision aims to ensure fair returns for farmers while keeping wheat affordable for consumers across Pakistan. Chairing the first meeting of the National Agriculture and Food Security Council (NAFSC) in Islamabad, the prime minister…
ICT Police Launch Hajj and Umrah Welfare Scheme 2026 for Employees
The Islamabad Capital Territory (ICT) Police have launched the Hajj and Umrah Welfare Scheme 2026 to provide selected employees with an opportunity to perform the religious pilgrimages. The initiative has been introduced under the special direction of Inspector General of Police (IGP) Muhammad Sohail Chaudhry as part of the department’s employee welfare measures. Under the…
NADRA Debunks Myth About CNIC Last Digit and Gender Identification
The National Database and Registration Authority (NADRA) has clarified a common misconception about Pakistan’s Computerized National Identity Card (CNIC) numbers, stating that the last digit does not determine a citizen’s gender. The clarification comes amid misinformation circulating on social media platforms, including Facebook and Wikipedia, claiming that CNICs ending in odd numbers belong to men,…
Imported Almonds May Become More Expensive in Pakistan Ahead of Winter
Imported almonds could become more expensive in Pakistan ahead of the winter season after the Federal Board of Revenue (FBR) increased their customs valuation under a new ruling. The revised values may affect import costs and could put additional pressure on retail prices as demand for dry fruits typically rises during colder months. Under the…
Pakistanis to Get Interest-Free Hajj Savings Scheme to Help Pilgrims Plan Expenses
Prime Minister Shehbaz Sharif has approved a Shariah-compliant, interest-free Hajj savings scheme aimed at helping Pakistani citizens prepare financially for the annual pilgrimage to Makkah. The initiative is designed to provide prospective pilgrims with a structured way to save money for Hajj expenses while following Islamic financial principles. The proposal was jointly submitted by the…
CDA Plans Rs. 24.5 Billion Islamabad 11th Avenue Project in Two Phases
The Capital Development Authority (CDA) has approved plans to develop Islamabad’s 11th Avenue in two phases, with the overall project estimated to cost Rs. 24.5 billion. The road project aims to improve connectivity across the federal capital and provide an additional route for commuters travelling between major roads and residential sectors. According to the project…
FBR Establishes New Media Coordination Unit to Improve Public Image
The Federal Board of Revenue (FBR) has established a new Media Coordination Unit (MCU) to strengthen its communication strategy, improve public awareness of tax-related initiatives, and enhance its public image. The development was announced through an official notification issued on October 8, 2026. The newly formed unit will coordinate, supervise, and implement the tax authority’s…
Gold Prices in Pakistan Rise as Bullion Market Eyes Rs. 500,000 Level
Gold prices in Pakistan moved higher on Thursday as the precious metal gained ground in international markets, renewing expectations that local bullion rates could climb toward the Rs. 500,000 per tola mark again. According to rates issued by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold settled at Rs. 435,036 per…
NADRA Issues Guidelines for First-Time CNIC Applicants
The National Database and Registration Authority (NADRA) has issued guidelines for Pakistani citizens aged 18 and above who are applying for their Computerised National Identity Card (CNIC) for the first time. The instructions specifically address applicants whose parents or siblings are unavailable or whose family members are not registered with NADRA. Such applicants may need…