Pakistan Current

Energy

CM Maryam Nawaz Sharif Opens Nestlé Steam Plant in Sheikhupura

Nestlé CEO Jason Avanceña along with Nestlé’s Leadership team, called on Chief Minister Punjab Nestlé Pakistan, in collaboration with the Government of Punjab, marked a significant milestone in Pakistan’s sustainability journey with the stone-laying ceremony of the Biomass Steam Plant at Sheikhupura

Energy

Global Fuel Crisis: 50 Countries See Record EV Sales by Q2 2026

Record electric vehicle (EV) sales are spreading across the world as high fuel prices push more drivers toward electric cars. According to the International Energy Agency (IEA), second-quarter sales of electric cars in 2026 reached record levels in 50 countries. Global EV sales had fallen in the fir

Energy

Oil prices surge over $3 a barrel as US-Iran tensions escalate

US says intercepted surprise Iranian attack.Saudi Arabia strikes in Iraq in coordination with US.OPEC+ may pause output hikes from October.Oil prices rose more than $3 a barrel on Wednesday after joint strikes in Iraq by the United...

International

Lebanon, Israel Begin New Rome Talks to Withdraw Israeli Forces

Israel has killed more than 4,300 in Lebanon.Hezbollah says talks will bring “shame” to nation.Talks seek gradual withdrawal of Israeli forces.Lebanon and Israel held a fresh round of US-sponsored talks in Rome on Tuesday,...

International

Pakistan‑Iran Commit to Boost Bilateral Trade to $10 Billion

Tehran expresses hope for early conclusion of Pakistan-Iran FTA.Jam Kamal urges removal of barriers hindering bilateral trade.Tehran seeks greater logistics cooperation via Karachi, Gwadar.ISLAMABAD: Pakistan and Iran have reaffirmed...

Health

Mehtaz Khan Leads Novo Nordisk

Novo Nordisk, the global healthcare company with more than a century of leadership in diabetes care and a growing focus on obesity, has appointed Mehtaz Sultan Khan as General Manager for Pakistan, effective 3 August 2026. Mehtaz joins Novo Nordisk at a key stage in the company’s growth in Pakistan,

Health

Free 24/7 Doctor Helpline Launched Across Pakistan

Tele-Tabeeb 1123 is a free helpline that connects callers anywhere in Pakistan to a PMDC-registered doctor or a licensed mental health professional, 24 hours a day, on any phone. No app, no internet, no appointment, no fee. It is operated by Sindh Integrated Emergency & Health Services (SIEHS) under

Health

China Pioneers Commercial Brain-Computer Interface Implant

A brain-computer interface (BCI) has moved from the lab into real clinical use.The world’s first commercial implant surgery using the NEO system has been completed in Shanghai, shortly after the device received approval for market use and its first prescription was issued. The patient, Xu, suffered

Weather

Monsoon to Hit Pakistan Again from July 29 to August 5

The Pakistan Meteorological Department (PMD) has issued a weather alert for a new spell of monsoon rains across most of the country from July 29 to August 5. Monsoon currents from the Arabian Sea and the Bay of Bengal will affect upper and central areas starting July 29. A westerly wave is also expe

Weather

Jaglot-Skardu Road Reopens for All Traffic After Flood Closure

The Jaglot–Skardu Road (JSR) has been reopened for all categories of traffic after the successful restoration of the temporary bridge at Sassi Haramosh, which was damaged due to recent flood-related impacts. The reopening marks a significant development for the region, as the road serves as a crucia

HotWeather

Pakistan Unveils Rs. 700 Billion Plan to Prevent Future Floods

The federal government is preparing to present the National Flood Protection Plan to the Council of Common Interests (CCI) for approval. The plan carries an estimated cost of around Rs700 billion. Planning Minister Ahsan Iqbal shared the details while launching the Ministry’s Monthly Development Upd

Finance

Pakistan Seeks $1.3B Refinancing from China for Reserves

Pakistan has formally asked China to speed up the refinancing of a $1.3 billion commercial loan. The request aims to support the country’s foreign exchange reserves and help maintain economic stability. Officials say the funds are expected to arrive later this month once the remaining terms are fina

Finance

HBL Reports Rs 73.1B H1'26 Profit Before Tax, Declares Interim Dividend

HBL today declared a consolidated profit before tax of Rs 73.1 billion, and a profit after tax of Rs 34.5 billion for the half year ended June 30, 2026. EPS for H1’26 increased to Rs 23.51. Along with the results, the Bank declared an interim cash dividend for the second quarter ended June 30, 2026,

Finance

1LINK Names New Board at First Meeting, Signals Shift in Payments

1LINK (Private) Limited, Pakistan’s first fully licensed and designated Payment System Operator (PSO), welcomed its newly constituted Board of Directors to their first Board meeting on Friday, July 31, 2026. The meeting marked the commencement of the new Board’s tenure and reaffirmed 1LINK’s commitm

Sports

Islamabad to Build First 35,000-Seat Cricket Stadium Rs. 11.9B

Islamabad is moving quickly with plans to build its first international-standard cricket stadium, with an estimated cost of Rs. 11.9 billion. The new stadium is expected to have a seating capacity of around 35,000 spectators and will provide a modern venue for major cricket events. The project is be

Economy

US Business Delegation Explores Investment Opportunities In Pakistan

A senior US business delegation has shown strong interest in exploring new investment opportunities in Pakistan during a two-day visit to Karachi. The visit was supported by the Special Investment Facilitation Council (SIFC), which is working to attract foreign investors and create a more business-f

Economy

Pakistan Car Sales Jump 39% to Over 2.2 Million in FY 2025-26

Pakistan’s automobile industry recorded a strong recovery in fiscal year 2025-26 as lower interest rates, easing inflation and better auto financing encouraged more people to buy vehicles. According to data from the Pakistan Automotive Manufacturers Association (PAMA), sales of cars, light commercia

Economy

Pakistan's Petroleum Sales Soar 23% in July, Highest in Four Years

Pakistan’s petroleum sales recorded strong growth in July 2026, reaching 1.51 million tons. This represents a 23% increase compared to the same month last year and marks the strongest July performance in the past four years. The rise in fuel sales was mainly driven by lower fuel prices, improving ec

Technology

Crown Electric Unveils Spark Electric Bike at Lahore Expo

Introducing Spark: A New Electric Bike in Pakistan Crown Electric Mobility proudly unveiled its all-new model, Spark at EV’s World Expo 2026 on 24th July 2026 at Expo Center, Lahore, adding another model to the biggest lineup of Lithium (LFP), introducing a new benchmark for urban electric mobility

Technology

Pakistan, Uzbekistan Partner

Pakistan and Uzbekistan have agreed to deepen customs cooperation through a series of digital and technology-driven initiatives aimed at enhancing regional trade, border security, and operational efficiency. The agreement was reached during high-level discussions held in Tashkent, where officials fr

General

Punjab Issues Driving Permits to 16-18 Year Olds

Punjab has launched Juvenile Driving Permit services through e-Khidmat Centers, making it more convenient for eligible teenagers to begin the process of obtaining a legal driving permit. The initiative is designed to simplify public services while encouraging young motorists to adopt responsible dri

General

12 Holidays in August Make Pakistan's Busiest Month Yet

Pakistanis may enjoy up to 12 holidays during August 2026, making it one of the months with the highest number of holidays in the year. The expected holiday schedule includes both weekend breaks and public holidays, although the final dates will depend on official government notifications. The month

Startups

Pakistan's Top Hotels Trust Dolce Vita Mattresses

Whenever you stay at a five-star hotel, the first thing you notice is how comfortable the bed is. Top Pakistani hotels like Pearl Continental (PC), Marriott, and Serena partner with elite local manufacturers to build mattresses that meet international standards. In Pakistan, Dolce Vita – The King of

HotStartups

Pakistani Startups Shine

More than 50 Pakistani startups are shining at Expand North Star 2025 in Dubai. This…

Education

Oxford Skoll MBA Scholarship 2027 Now Open

The prestigious Skoll MBA Scholarship 2027 is now accepting applications, offering aspiring social entrepreneurs the opportunity to pursue a fully funded MBA at the University of Oxford’s Saïd Business School. Designed for individuals committed to creating positive social and environmental impact, t

Education

Only 6% of Pakistan's workforce holds formal vocational qualifications

Many young Pakistanis struggle to land stable, well-paid jobs amid a severe national skills shortage: only 6% of our workforce holds formal vocational qualifications, while millions of fresh youth join the labor market yearly with little practical training, holding back the country’s industrial upgr

Environment

Pakistan Faces Devastating Heat-Related Deaths by 2050

Pakistan could become one of the countries most severely affected by climate change due to rising temperatures and limited access to affordable cooling solutions, according to a new study by the Climate Impact Lab. The research warns that if current climate trends continue unchecked, the country may