Pakistan International Airlines (PIA) has received its first Boeing 787-9 Dreamliner, the first aircraft of this type to join any Pakistani airline’s fleet. According to PIA, the leased aircraft arrived at Islamabad Airport on flight PK786 from London. PIA CEO Air Vice Marshal Amir Hayat and his team welcomed it. The Dreamliner features modern in-flight entertainment and a spacious, comforta
Cherat Cement has signed agreements to acquire a majority stake in Nimir Industrial Chemicals Limited (NICL) for over Rs24 billion, i.e. approx. $86.6 million. The company disclosed the development in a filing submitted to the Pakistan Stock Exchange (PSX) on Monday. The company entered into two share purchase agreements on October 30, 2026, with NICL shareholders to acquire a total of 70.86
Oil prices slipped more than 1% on Monday after Iranian and Qatari officials held a third straight day of talks aimed at pushing for a deal to end the US-Israeli war on Iran. Brent crude futures fell $1.59, or 1.40%, to $111.84 a barrel by 0011 GMT while US West Texas Intermediate crude was at $102.56 a barrel, down $1.56, or 1.50%. Brent ended October at its highest level in six months
Selling was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index losing over 200 points during the opening minutes of trading on Friday. At 9:50am, the benchmark index was hovering at 166,957.17, down 236.26 points or 0.14%. Selling was observed in key sectors, including automobile assemblers, cement, commercial banks, fertiliser, oil and gas exploration companies
Inflation is projected to remain elevated at 9.5-10.5 percent in October 2026 - attributed to persistent geopolitical tensions, recurring conflict in the Gulf region, volatile oil prices, trade disruptions and elevated global inflation - is considered as a downside risk for the economy, the Finance Division has warned. In its Monthly Economic Update and Outlook for October 2026, the Finance Div