The Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) has issued an urgent appeal to Prime Minister Mian Muhammad Shehbaz Sharif and Deputy Prime Minister Senator Mohammad Ishaq Dar, seeking an immediate hearing before the finalisation of the Auto & Auto Parts Policy 2026–31. In a letter to the Deputy Prime Minister, PAAPAM stated that the auto-parts sector support
Oil prices settled USD1 higher after rising more than 5 percent earlier in the session on Monday as Iran and Israel said they had halted attacks on each other following an appeal from US President Donald Trump. Tehran, however, said it would resume strikes if Israel continued to hit Hezbollah in Lebanon. Brent crude futures closed USD1.16, or 1.3 percent, higher at USD94.25 a barrel, while U
Oil prices fell on Tuesday, erasing most of the previous session’s gains, after Iran and Israel said they had halted attacks on each other following an appeal from U.S. President Donald Trump, though both sides warned they could resume hostilities. Brent crude futures were down 91 cents, or 1%, at $93.34 a barrel at 0400 GMT, while U.S. West Texas Intermediate declined $1.13, or 1.2%, at $90.17
Selling pressure engulfed the Pakistan Stock Exchange (PSX) amid escalating geopolitical tensions, with the benchmark KSE-100 Index shedding over 1,900 points during the opening minutes of trading on Monday. At 9:30am, the benchmark index was hovering at 168,565.62, down by 1,913.32 or 1.12%. Selling pressure was observed in key sectors, including automobile assemblers, cement, commercial ba
Airlink Communication Limited, Pakistan’s leading technology manufacturer and distributor, a public listed company with a market cap of more than 200 million, has formally launched Hisense in Pakistan, a landmark moment for the country’s consumer electronics industry and a vote of confidence in Pakistan’s growing stature as a regional technology manufacturing hub. Hisense is a global technology