Zong 5G has announced the appointment of Saira Mirza as Deputy Director – Corporate Brand, Communications & Sustainability. The move reflects the company’s continued focus on strengthening its corporate identity and expanding its presence in Pakistan’s rapidly evolving digital and telecom sector. With more than 16 years of professional experience, Saira Mirza has built a…
Pakistan Airports Authority has announced that flight operations at Islamabad International Airport may experience disruptions between May 8 and May 10 due to operational reasons. According to a Notice to Airmen (NOTAM) issued by the Pakistan Airports Authority, both arrivals and departures could be affected during specific operational time windows across the three-day period. The…
Citi Pharma Limited has announced a major expansion move by planning to acquire 100 percent shareholding of Pakheim International Pharmaceuticals (Private) Limited, a Lahore-based medicine manufacturer. The acquisition is part of the company’s broader strategy to strengthen its position in Pakistan’s growing pharmaceutical sector. According to a notice submitted to the Pakistan Stock Exchange, the…
Pakistan has taken a significant step toward regulating its digital assets space, as the Pakistan Virtual Assets Regulatory Authority (PVARA) begins drafting a formal framework with direct input from industry stakeholders. The move signals a shift toward structured oversight of virtual assets in the country. The announcement was made by Bilal Bin Saqib during an…
A sharp decline in documented imports of acetate tow, a key raw material used in cigarette manufacturing, has triggered concerns over rising undocumented trade and significant losses to the national exchequer. The material is essential in cigarette filter production and is subject to high taxation under current fiscal policy. According to recent trade data, imports…
A new hybrid powertrain unveiled ahead of the upcoming Beijing Auto Show 2026 could significantly change how automakers design electric and hybrid vehicles. The system is aimed at allowing manufacturers to convert existing electric vehicle platforms into hybrid models without requiring a complete redesign. The technology, named the X-Range C15 Direct Drive, has been developed…
Gold prices in Pakistan extended their downward trend for the fifth consecutive session, reflecting a broader decline in global bullion markets. The persistent drop has pushed local gold rates closer to the Rs. 4.8 lakh per tola threshold, signaling a cooling phase after recent highs. In the international market, gold prices fell by $29 per…
SpaceX is reportedly making a significant strategic push into artificial intelligence, signaling a possible shift beyond its traditional space-focused operations. The company has secured an option to acquire the AI coding startup Cursor in a deal valued at around $60 billion, according to industry reports. Cursor, co-founded by a Pakistani-origin entrepreneur, has gained attention for…
The Pakistani Rupee continued its upward trajectory on Monday, marking its 143rd consecutive gain against the US Dollar. The local currency closed at 278.91, registering a marginal improvement of one paisa, but sustaining a remarkable streak that reflects relative market stability. The consistent appreciation of the Pakistani Rupee highlights improving sentiment in Pakistan’s currency market.…
The National Bank of Pakistan (NBP) has officially announced the appointment of former Pakistan cricket captain Shahid Afridi as its Sports Consultant, marking a strategic move to strengthen the institution’s long-standing commitment to promoting sports in the country. The announcement reflects NBP’s continued investment in developing athletic talent and expanding its role in supporting sports…