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China, Russia, Türkiye show interest in Pakistan Steel Mills revival

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Pakistan accelerates efforts to revive Steel Mills, with interest from China, Russia, Turkiye, and Saudi Arabia for potential investment.
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Gadani ship recycling resumes after eight years

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Ship recycling resumes at Gadani after 8 years, boosting economy with 25 mn USD per ship and meeting 30% of steel scrap needs.
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IBM shares plummet, market value drops 70 bn USD

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IBM shares experience worst drop in 58 years, market value falls by 70 bn USD due to disappointing results, AI race, and cybersecurity costs.
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Punjab launches pink salt value addition scheme

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Punjab launches pink salt financing scheme to boost industry, employment, and exports with a 110-acre processing zone and interest-free loans.
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Islamabad court approves Telenor-Ufone merger

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Islamabad court approves Telenor's merger with Ufone, transferring all assets and liabilities, ensuring compliance with legal requirements.
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Pakistan sees 40% rise in vehicle sales

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Pakistan's vehicle sales rose 40% in fiscal year 2025-26, driven by strong purchasing power and new models, with 155,000 units sold, according to PAMA.
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Government extends auto policy by one year

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Government extends current auto policy by a year amid ongoing talks with IMF. New policy aims to boost jobs, industry, and safety standards.
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Microsoft to cut 4,800 jobs worldwide

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Microsoft to lay off 4800 staff globally, impacting Xbox division. Asha Sharma cites low profits, hardware crisis, and competition as reasons.
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Electric vehicles in Pakistan to reach 2.2m by 2030

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Pakistan to have 2.2m electric vehicles by 2030, with subsidies boosting production.
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Pakistan Railways outsources five trains

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Pakistan Railways outsources five trains, generating 10.7823 bn rupees, while 10 remain unbid due to high benchmarks.

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