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Pakistan has approved plans to outsource Lahore and Karachi airports and advance the privatisation of LESCO and MEPCO under the government’s broader privatisation programme.

The National Highway Authority (NHA) has prequalified eight construction firms and joint ventures for two sections of the stalled Hyderabad-Sukkur Motorway (M-6), marking progress towards the completion of the 306-kilometre motorway project. The prequalification covers Section IV, from Naushahro Fe...

More than 1,000 SMEs across nine Pakistani cities will receive AI and digital skills training under a new government and Meta initiative aimed at boosting business growth and digital adoption.

Petroleum dealers have issued a 72-hour ultimatum to the government, demanding an 8pc increase in their petrol sales margin and warning of an indefinite nationwide petrol pump shutdown from August 15 if their demands remain unresolved.

The CDA has approved 37 commercial and residential projects in Islamabad in 2026, covering 6.69 million square feet and including shops, flats, offices, mosques and a school. The approvals highlight the authority’s efforts to facilitate construction, investment and planned urban development in the capital.

Pakistan’s EV market is gaining momentum, but industry stakeholders warn that policy uncertainty could slow consumer demand and investment. A stable, predictable auto policy aligned with the NEV Policy 2025-30 is seen as crucial for sustained EV growth.

Nvidia has partnered with six major financial institutions to mobilize more than $500 billion in capital for AI infrastructure, with CEO Jensen Huang saying the company could backstop up to $125 billion of potential deals.

Meezan Bank has surpassed Rs 3.05 billion in housing finance disbursements under the GHTA Programme, approving over 3,000 applications with financing exceeding Rs 22.5 billion.

Pakistan Airports Authority has allocated over Rs69 billion for FY2026-27 to expand and modernize airports, upgrade passenger facilities, and strengthen aviation infrastructure across the country.