Lakers owners finalize sale terms at $12.5 billion valuation
Mark Walter and Josh Kushner agreed on final terms for the Los Angeles Lakers sale in Florida on Thursday.
Category: Business
Federal Minister Abdul Aleem Khan unveils plan for self-reliant National Highway Authority
Federal Minister for Communications Abdul Aleem Khan announced a restructuring of the National Highway Authority at the Faisalabad Chamber of Commerce on Saturday.
Pakistan Stock Exchange closes lower after volatile October session
The Pakistan Stock Exchange benchmark index ended October with a loss amid regional tensions and local political instability.
State Bank of Pakistan launches draft Open Banking Regulations for public consultation
The State Bank of Pakistan released draft Open Banking Regulations in Karachi on Friday for public consultation.
Pakistan plans to privatise three DISCOs in first quarter of 2027
Prime Minister's Adviser Muhammad Ali announced the privatisation of three power distribution companies in Pakistan during the first quarter of 2027.
OGDCL profit jumps 53 percent in first quarter despite production cuts
Oil and Gas Development Company Limited reported a 53 percent profit increase for the first quarter of fiscal year 2026-27 at its Islamabad headquarters.
Tech sell-off drives US markets down by nearly $1tn after subpar earnings
US stock markets fell sharply on Friday as disappointing tech earnings and concerns over artificial intelligence spending triggered a major sell-off.
Capital Market Development Council reviews corporate debt market reforms in Islamabad
The Capital Market Development Council met with Finance Minister Muhammad Aurangzeb in Islamabad on Friday to review progress on debt market reforms.
PAG acquires controlling stake in Evergrande Property Services for US$513 million
Liquidators of China Evergrande Group sold a controlling stake in its property services unit to investment firm PAG on Friday.
State Bank of Pakistan launches SMEConnect digital portal for financing
The State Bank of Pakistan launched a new digital portal called SMEConnect in Karachi to help small and medium enterprises access bank financing.