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“Strengthening Pakistan’s Digital Future: PTCL’s Africa-1 Submarine Cable Set to Transform Connectivity”

Pakistan Telecommunication Company Ltd (PSX: PTC) is set to host a groundbreaking ceremony on February 22, 2025, marking the arrival of the high-capacity Africa-1...

CPI Inflation declined to 4.9% in November

Pakistan's inflation rate has taken a stunning nosedive, hitting 4.9% in November—the lowest since April 2018! This marks a sharp turnaround from the 7.2%...
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Economy
News Desk

MSCI Downgrades Pakistan to Frontier Market

“MSCI Inc. (NYSE: MSCI) announced that it will reclassify the MSCI Pakistan Indexes from Emerging Markets to Frontier Markets,” it said in a press...
News Desk

OGDC discovered Gas & Condensate at Wali # 01 in KPK

Oil and Gas Development Company Limited ((PSX: OGDC) announced that it has made a Gas & Condensate discovery over Hangu Formation at Wali #...
News Desk

AVN secured its 1st project in the Arab Republic of Egypt...

Avanceon FZE, a wholly owned subsidiary of Avanceon Limited established in the Middle East, in a joint effort with Elsewedy Electric have secured its...
News Desk

Avanceon FZE signs multi-year maintenance contract with Dubai Metro

Avanceon FZE, a wholly-owned subsidiary of Avanceon Limited established in the Middle East, has been awarded a nine-year extension on its contract to maintain...
News Desk

CPI Inflation recorded at 8.4% in August

Pakistan's Yearly Inflation in August 2021 was 8.4% as compared to 8.4% in July 2021. The CPI reading in Ausust 2020 was at...
News Desk

Pakistan’s four energy companies secured an offshore exploration contract from UAE...

Pakistani energy companies won big in Abu Dhabi, with four of them securing an offshore exploration contract from UAE blue-chip ADNOC. The contract is...