business

News Desk ISLAMABAD: Bestway Group officially launched Chinese automaker Geely Auto in Pakistan on Saturday, marking a significant step in the country's automotive landscape. The company has acquired the Proton plant located at Port Qasim,…

News Desk ISLAMABAD: The Pakistani government has announced approximately 170 amendments to the Companies Act 2017 aimed at simplifying company registration and enhancing the business environment. The changes were disclosed by Haroon Akhtar…

SAN FRANCISCO: Artificial intelligence pioneer OpenAI has inked a major strategic partnership with Google Cloud, enabling enterprise customers to access and deploy its flagship AI models directly via Google’s enterprise infrastructure. The…

News Desk KARACHI: The Pakistan Stock Exchange (PSX) witnessed a significant drop on Tuesday, with the 100 Index falling by 2006 points, reflecting growing concerns over the country's economic stability. This sharp decline comes as…

News Desk KARACHI: The price of gold in Pakistan has seen a significant decrease of PKR 3,000 per tola, reflecting ongoing fluctuations in the global market. This drop brings the price down to PKR 223,000 per tola, as reported by local…

LONDON: Barclays has confirmed plans to cut approximately 5,000 jobs as the bank adapts to the rapid integration of artificial intelligence (AI) within its operations. This decision, announced on Tuesday, reflects a broader trend in the…

News Desk ISLAMABAD: OpenAI announced on Wednesday that it is expanding its advertising services on ChatGPT to 26 additional countries, including Pakistan, thereby increasing its total reach to 89 countries. This move aims to enhance the…

News Desk KARACHI: The Pakistan Stock Exchange (PSX) experienced a significant downturn today, with the index plummeting by 814 points, reflecting ongoing market volatility and investor uncertainty. This decline follows a series of…

News Desk ISLAMABAD: Prime Minister has officially approved the Auto Policy 2026, aimed at enhancing production, exports, and competitiveness within Pakistan's automotive sector. The policy, which was ratified in a cabinet meeting, includes…

News Desk KARACHI: Nearly 100 days into the current fiscal year (FY27), the private sector in Pakistan continues to repay bank debt rather than seeking new loans, highlighting a concerning trend of weak investment activity that threatens…