Business
Business
Government Sells PIA Unit to Pakistan Air Force for Rs2.5 Billion
The government will sell a PIA business unit to the Pakistan Air Force for Rs2.5 billion in cash. This amount…
FBR Sets $1,200 Limit on Goods Under New Baggage Rules
The Federal Board of Revenue (FBR) has introduced new regulations under the baggage scheme, which now limit travellers from importing…
Pakistan’s Surge in Solar Energy Adoption
Pakistan quickly became one of the major solar energy markets within just a few years. According to the World Economic…
Petroleum Division to Start Disconnecting Gas to Captive Power Plants
This week, the Petroleum Division plans to start issuing notices to Captive Power Plants (CPPs). They must disconnect gas supplies…
84 Pakistani Textile Mills Declared Defaulters by International Cotton Association
The International Cotton Association (ICA) has labelled 84 Pakistani textile mills defaulters. Ahsanul Haq, chairman of the Cotton Ginners Forum,…
Riyadh Season 2024 Shatters Records with 10 Million Visitors
Local media reported that within just two months of its opening, Riyadh Season 2024 had drawn an impressive 10 million…
OpenAI Considers Dropping AGI Clause for Enhanced Microsoft Collaboration
As reported by the Financial Times, OpenAI is considering removing the AGI clause that currently limits Microsoft's access to its…
FBR Imposes 10% Withholding Tax on Marriage Halls
According to the Marriage Hall Association, the Federal Board of Revenue (FBR) has introduced a 10% withholding tax on marriage…
Dubai South and Bahria Town Launch New Master-Planned Community
Dubai South, a major urban development in Dubai, has partnered with Bahria Town (BT) Holding LLC to establish a new…