Unity Foods Limited has commenced exports of biofuel feedstock, marking a significant milestone in its sustainability journey and strategic diversification. With export contracts valued at $30 million for the current fiscal year, the company is establishing itself as an emerging contributor to the global renewable energy market.

Pakistan is likely to experience a slight relief in fuel prices starting October 16, with petrol and diesel rates expected to decline in response to recent shifts in the international oil market. Preliminary estimates suggest a reduction of approximately Rs. 6.10 per litre for petrol, while high-speed diesel may see a smaller cut of around Rs. 0.97 per litre. Minor price drops are also

Pakistan’s information technology exports to the United Arab Emirates reached a record $376 million during the fiscal year 2024–25, marking a significant achievement in the country’s expanding footprint in the global technology sector.

The price of 24-karat gold in the local market experienced a significant increase, rising by Rs6,900 to reach Rs435,100 per tola.

In a significant step toward energy sector liberalization in Pakistan, Sui Northern Gas Pipelines Limited has approved a pipeline capacity allocation of 50 million cubic feet per day to Universal Gas Distribution Company, the country’s first private gas marketing firm. This decision not only increases UGDC’s access to pipeline infrastructure but also enables the transfer of several high-end

The Pakistani Rupee showed a slight improvement against the US Dollar in interbank trading, gaining 01 paisa to settle at Rs. 281.16, up from the previous closing rate of Rs. 281.17, based on figures released by the State Bank of Pakistan. In the open market, the US Dollar was seen at Rs. 282.65 for buying and Rs. 282.85 for selling, according to data from the Forex Association of Pakistan.

In the local bullion market, gold prices experienced a sharp decline while silver reached a historic high.

The industrial sector in Pakistan is facing significant pressure due to unexpectedly high gas bills for the current month, caused by the application of peak-hour charges rather than off-peak rates. This billing issue has raised serious concerns among business and manufacturing communities, particularly in Karachi, where many industries are already struggling with broader economic instability.

Pakistan’s maritime industry is reaching a historic milestone as the MSC MICOL, the largest cargo vessel ever to arrive in the country, docks at Karachi Port. Scheduled to berth at the South Asia Pakistan Terminal at 2:30 PM on Sunday, this event signals a significant leap forward in the nation’s shipping and trade infrastructure.

Dubai has introduced a strategic initiative called Dubai Founders HQ, developed by the Dubai Chamber of Digital Economy in collaboration with the Dubai Department of Economy and Tourism. This project, launched under the guidance of HH Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, is focused on accelerating the growth of startups and SMEs in the region by providing them with access to vital