PTCL refutes news of potential change in the investment position of e& in Pakistan

Pakistan Telecommunication Company Limited (PTCL) notes recent media reports regarding a potential change in e &'s (formerly Etisalat) investment position in Pakistan. The company would like to reject the baseless…

Continue ReadingPTCL refutes news of potential change in the investment position of e& in Pakistan

Sitara Petroleum Service plans to scale its retail footprint from 61 to ~119 stations by FY30

·        Sitara Petroleum Service Ltd (SPSL) is a downstream petroleum dealer and logistics operator, serving as the dealer of Gas & Oil Pakistan Ltd (GOPL). ·        SPSL plans to scale its retail…

Continue ReadingSitara Petroleum Service plans to scale its retail footprint from 61 to ~119 stations by FY30

IMS Research has reported on Pakistan Oilfields Ltd. (POL), which posted a 3QFY26 NPAT of PKR7.8bn (EPS: PKR27.47), up 18% YoY and 24% QoQ, surpassing the estimated EPS of PKR21.92…

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Pakistan Telecom: Local manufacturing/assembly of mobile phones up 20% YoY in Mar-26

According to the latest data released by the Pakistan Telecommunication Authority (PTA), local mobile phone companies manufactured or assembled 2.79 million units in March 2026, a 20% year-over-year increase from…

Continue ReadingPakistan Telecom: Local manufacturing/assembly of mobile phones up 20% YoY in Mar-26

Pakistan can rise as a regional economic power through maritime reforms: Junaid Anwar Chaudhry

Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry stated that Pakistan can emerge as a rising regional economic power through bold maritime reforms. Speaking at a seminar titled "The…

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Visa reports 80% rise in Pakistan’s seasonal spending in Ramadan and Eid-ul-Fitr

Visa announced a significant 80% year-over-year increase in spending on premium consumer cards during Ramadan, peaking around Eid Al-Fitr. Total spending rose by 10% during the Eid period. **Key Insights:**…

Continue ReadingVisa reports 80% rise in Pakistan’s seasonal spending in Ramadan and Eid-ul-Fitr