News

GSMA warns stalled digital growth risks investment

GSMA, a global organisation representing mobile operators and entities across the mobile ecosystem and adjacent industries, has warned that Pakistan, despite having talent, ambition, and a vision for ‘Digital Pakistan’, risks falling behind regional peers unless urgent reforms are introduced in telecom policy — a delay that could drive away investors and ultimately harm consumers. Julian Gorman

Pakistan Refinery Ltd to buy Nigerian Bonny Light oil from Vitol

Pakistan Refinery Ltd will import its first cargo of Nigerian Bonny Light crude from Vitol in September, two sources familiar with the matter said, as Asian refiners shift towards cheaper alternatives to Middle Eastern oil. The 500,000-barrel, light-sweet crude cargo is expected to load later this month and arrive in Karachi by late September, the sources said, declining to be named as the info

TOMCL cleared for direct exports to UAE

The Organic Meat Company Ltd (TOMCL) has become the first meat processing and exporting firm from Pakistan to qualify for direct exports to Carrefour Majid Al Futtaim Hypermarkets (LLC-MAF) across the United Arab Emirates (UAE). In a stock filing on Thursday, TOMCL announced it had successfully passed Carrefour’s comprehensive audit covering system integrity, hygiene, and operational excellence

Nepra slashes uniform tariff by Rs1.89 for Aug-Oct

The National Electric Power Regulatory Authority (Nepra) on Thursday notified a decrease of Rs1.89 in the uniform tariff for the next three months. A notification dated August 7 and available with Dawn.com said that the authority “decided to allow the application of instant quarterly adjustments on the consumers of K-Electric as well, with the same applicability period. “Accordingly, the ins

NA passes bill to establish Pakistan Land Port Authority

The National Assembly passed the Pakistan Land Port Authority Bill 2025 on Thursday to facilitate the movement of goods and people across border crossing points. With the bill’s approval, Pakistan would become the third South Asian country, after Bangladesh and India, to have a land port authority. The Bangladesh Land Port Authority was created in 2002, while India did so in March 2012. “The