SE Fruits and Vegetable Limited has secured approval from the Securities and Exchange Commission of Pakistan (SECP) to issue and publish the prospectus for its upcoming Initial Public Offering (IPO). The company plans to offer 30 million ordinary shares to investors as part of the public offering, marking a significant step toward its planned listing…
Bread prices have increased by around 8 to 9 percent across Pakistan, adding to the financial pressure on consumers as manufacturers raise prices for the second time this year. Producers have attributed the latest increase to rising operating expenses, including electricity and gas charges, raw material costs and transportation expenses. The latest price revision follows…
Citizens can now access several computerized arms license services at National Database and Registration Authority (NADRA) offices following new instructions issued by the Federal Ministry of Interior. Under the new arrangement, dedicated counters have been established at NADRA offices to facilitate citizens seeking services related to computerized arms licenses. The available services include arms license…
Gold prices in Pakistan continued their downward movement on Monday, extending a decline that has wiped around Rs. 6,000 from the price of a tola over two days. According to the All Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 24-karat gold decreased by Rs. 2,400 during the latest trading session. Following the…
The State Bank of Pakistan (SBP) has rejected the impression that Pakistan’s instant payment system, RAAST, has been identified as a money-laundering channel by the Financial Action Task Force (FATF). The clarification comes after references to RAAST appeared in FATF’s September 2026 report on professional money laundering, underground banking and hawala networks. The SBP said…
Pakistan has approached UNESCO to seek support for the inclusion of two historically significant archaeological sites, Rani Ghat in Khyber Pakhtunkhwa and the Port of Banbhore in Sindh, in the UNESCO World Heritage List. The request was discussed during a meeting between UNESCO Representative in Pakistan Fuad Pashayev and Federal Minister for National Heritage and…
Cocaine exports reportedly surpassed crude oil sales in Colombia in 2024, becoming the country’s largest single export by value, according to a study by Medellin-based EAFIT University. The report estimated that Colombia’s illegal cocaine exports were worth around $16.5 billion in 2024, compared with approximately $15 billion generated by the country’s petroleum industry. The figures…
Health Minister Mustafa Kamal has proposed a major change in the way government hospitals in Pakistan hire and manage their employees, arguing that public-sector hospitals should move away from permanent staffing. His comments came days after a tragic fire at the Pakistan Institute of Medical Sciences (PIMS), where 14 newborn babies reportedly lost their lives.…
Cattle farmers and dairy owners in several rural areas of Jand tehsil are increasingly concerned over reports of lumpy skin disease affecting cows, calves and buffaloes. The reported cases have created anxiety among livestock owners, who fear that the disease could spread further if effective preventive measures are not taken promptly. Cases have reportedly been…
Nearly 30 million people in Pakistan are living with kidney disease, according to nephrologists, highlighting a major health challenge that is affecting millions of families across the country. Experts have identified diabetes, high blood pressure, kidney stones, genetic disorders and the unnecessary use of medicines among the major factors associated with kidney disease in Pakistan.…