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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.

Pakistan Railways seeks LTE-R spectrum for the Karachi-Sukkur ML-1 project as the PTA advances plans to improve mobile coverage and modernize communication infrastructure across major railway and transport corridors.

Pakistan, Saudi Arabia and Türkiye have signed the Makkah Joint Defence Agreement, strengthening collective security, defence cooperation and regional stability. The pact treats an armed attack on any one country as an attack on all three.

The PTA has capped the initial eSIM issuance fee at Rs1,500 and introduced free transfers between compatible devices for up to 10 migrations under a revised policy taking effect in mid-August 2026. The regulator is also working on digital SIM verification using facial and iris recognition technologies.