The Pakistan Stock Exchange (PSX) remained under the grip of selling pressure amid geopolitical volatility and an increase in international oil prices, with the benchmark KSE-100 Index shedding over 2,200 points during the opening hours of trading on Friday. At 9:25am, the benchmark index was hovering at 149,780.66, down by 2,230.60 points or 1.47%. Selling was observed in key sectors, inclu
Pakistan Telecommunication Authority (PTA) has issued a No Objection Certificate (NOC) for the consolidation and transfer of PTA licenses as well as the amalgamation of Telenor Pakistan (Private) Limited into Pak Telecom Mobile Limited (PTML), each a wholly owned subsidiary of Pakistan Telecommunication Company Limited. PTCL informed the Pakistan Stock Exchange (PSX) in a notice on Friday. “The
Barrick Mining Corporation, a leading global mining, exploration and development company, has announced to slow development activity at its flagship Reko Diq copper-gold project in Pakistan, citing escalating security concerns and rising risks in the region, while reaffirming its long-term commitment to the multibillion-dollar venture. Providing an update on the status of the Reko Diq project,
Pakistan’s dependency on limited submarine cable landing stations and Internet Exchange Points (IXPs) is emerging as a critical national vulnerability, significantly heightening exposure to large-scale Distributed Denial of Service (DDoS) disruptions. This has been revealed in the ‘Guidelines for Mitigation of Distributed Denial of Service (DDoS) Attacks’ released by the Pakistan Telecommunicat
Pakistan Chemicals & Dyes Merchants Association (PCDMA) Chairman Salim Valimuhammad has said that the Karachi Port is witnessing an unprecedented increase in transshipment activity, describing the development as a significant opportunity for our trade and logistics sector. He said disruptions in shipping operations in Dubai, coupled with ongoing regional tensions, had led several international