News

Pakistan’s Supernet goes global, sets up Dubai as regional hub

Supernet, a wholly-owned subsidiary of Telecard, has announced its rebrand to SupernetGlobal, alongside a strategy to expand selectively into high-growth international digital markets across the Middle East, Africa, and Central Asia. “The move comes as ICT spending across the Middle East and Africa exceeds $230–250 billion annually, driven by large-scale government digitalisation, cybersecurity

PSX beats property, dollar

Pakistan's equity market delivered one of its strongest performances in recent history during 2025, decisively outperforming most competing asset classes and reinforcing the Pakistan Stock Exchange's (PSX) growing appeal among domestic investors. Market participants attribute the benchmark KSE-100 index's robust performance to a combination of macroeconomic stabilisation and improving investor

Records tumble, KSE-100 gains over 700 points in early trade

Records continued to tumble at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining over 700 points during the opening minutes of trading on Tuesday. At 10:05am, the benchmark index was hovering at 174,616.32, an increase of 719.98 points or 0.41%. Buying interest was observed in key sectors, including automobile assemblers, cement, commercial banks, fertilisers, oil a

Jazz CEO warns dollar-priced 5G auction will delay rollout, raise costs

Telecom service providers have criticised the government for linking the auction of 5G spectrum to the US dollar, arguing that this policy imposes a financial strain on the telecom industry and delays network rollout. Pricing spectrum in foreign currency and relying on heavy upfront payments places avoidable financial strain on the sector and slows network rollout. A pragmatic, long-term approa

Businessmen asked to invest in maritime zone

Highlighting Pakistan's vast untapped maritime potential, Commander Logistics and Director General Naval Research & Development Institute (NRDI) Rear Admiral Muhammad Sohail Arshad has urged the business community to proactively seize opportunities across shipping, shipbuilding, offshore exploration, maritime technology, logistics and coastal infrastructure. Exchanging views at a meeting during