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DGPC has issued show-cause notices to three exploration and production firms over alleged rule violations, putting their licences at risk. Officials say any suspension or revocation would follow due process and a fair hearing as directed by the court.
Clover Pakistan has proposed a 10:1 stock split, subject to shareholder approval at an EOGM. The company says the split would increase the number of shares while keeping paid-up capital unchanged and improving accessibility for investors.
Pakistani exports to the UAE rose 22% to $1 billion over six months, with officials linking gains to stronger facilitation for business travel and trade engagement. Authorities say streamlined visa support and international exhibitions like WHX Dubai 2026 are helping deepen Pakistan-UAE commercial ties.
The UAE has agreed to roll over a $2 billion deposit for Pakistan for two months at 6.5%, extending it to April 17, 2026. The move offers short-term support as Pakistan prepares for its next IMF review and plans to seek a longer rollover after talks.
Analysts say Pakistan’s proposed electricity pricing overhaul may raise inflation and shift IMF-linked subsidy cuts onto middle-income households. While industry could benefit from lower tariffs, residential users—especially those in key consumption bands—may face significantly higher bills through new fixed charges.
SBP Governor Jameel Ahmad says Pakistan’s recovery is broader than headline data suggest and growth could reach 4.75% this year. He expects remittances to cushion the external account and stresses reforms to sustain momentum.
PM Shehbaz Sharif has ordered the Power Division to appeal Nepra’s new prosumer rules and protect existing solar consumers’ contracts. The move comes after Nepra shifted the system away from net metering toward net billing for future connections and renewals.
The government has proposed fixed monthly electricity charges for household consumers alongside per-unit tariff reductions for 2026. The plan is under Nepra hearings and is linked to broader reforms aimed at reducing cross-subsidies and supporting industrial tariffs.
Balochistan plans to boost intelligence and create a dedicated Frontier Corps unit to secure the mineral-bearing Reko Diq area and key borders. The step follows a surge in militant attacks and renewed investor concerns as Barrick reviews security and other aspects of the project.
PM Shehbaz Sharif announced a Rs4.04 per unit cut in industrial power tariffs and pledged lower wheeling charges to support exports. He also reduced export refinance rates and said reforms and anti-smuggling measures are being pursued to stabilise the economy.
Pakistan and China have launched a joint e-mining platform designed to improve transparency and coordination in mineral development while courting up to $10bn in investment. Pakistani officials say the effort supports a broader shift toward export-led growth and deeper industrial cooperation with China.
Gold climbed beyond $5,200 an ounce as the dollar slid near four-year lows and investors piled into safe havens. The report links the surge to confidence concerns around the dollar, weaker US sentiment data, and expectations for shifting central-bank leadership and policy signals.
