Apple’s first foldable smartphone, widely expected to be called the iPhone Ultra, may not be available for pre-order immediately after its anticipated unveiling in September due to limited initial production, analyst Ming-Chi Kuo said.
(more…)Author: Hamza Shahnawaz
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Government Plans Rs9.8 Billion Footwear Hub to Attract Foreign Investment
Proposed Lahore-based project aims to modernise footwear manufacturing, boost exports and strengthen foreign investment
ISLAMABAD: The federal government is planning to establish a Rs9.8 billion Pakistan footwear industrial hub near Lahore to attract foreign investment, modernise the country’s footwear industry and strengthen export competitiveness.
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Pakistan mobile phone production reaches 2 million units in May 2026
Local manufacturers meet 86% of handset demand as production rises 10% month-on-month
KARACHI: Pakistan’s local mobile phone production rose to 2.0 million units in May 2026, up 10% month-on-month (MoM), as domestic manufacturers increased output to meet the country’s growing demand for handsets, according to the latest data released by the Pakistan Telecommunication Authority (PTA).
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KSE-100 index climbs 2,082 Points to new record close
Broad-based buying and lower global oil prices lift investor confidence as PSX extends record-breaking rally
KARACHI: The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) began the week on a strong footing, surging 2,082 points on Monday as broad-based buying and improving investor sentiment propelled the market to a fresh record high.
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Naya Nazimabad Apartment REIT to offer 15% stake through PSX listing
Shariah-compliant REIT plans public offer of 44.06 million units as sponsors retain an 85% combined stake after listing.
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KHTC signs MoU with KT&G to bring Pine Passion Sky brand to Pakistan
Proposed licensing agreement aims to expand KHTC’s product portfolio and strengthen its market position
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Gold prices in Pakistan drop Rs2,400 per tola on July 6
International bullion weakness pushes local gold prices lower as investors monitor global market trends and the rupee-dollar exchange rate.
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FBR failed to recover Rs1.02 billion property income tax: AGP
Audit finds 472 withholding agents failed to deduct tax on rental payments across 17 FBR field offices
ISLAMABAD: The Federal Board of Revenue (FBR) has failed to recover more than Rs1.02 billion in withholding tax on income from property after hundreds of withholding agents did not deduct tax on rental payments, according to the latest audit report of the Auditor General of Pakistan (AGP).
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Owner consent mandatory for telecom infrastructure: Law Minister
Revised telecom bill protects private property rights while supporting expansion of digital infrastructure
ISLAMABAD: Law Minister Azam Nazeer Tarar has clarified that the consent of property owners will remain mandatory before any telecommunications infrastructure can be installed on private land, addressing concerns over the proposed amendments to Pakistan’s telecom laws.
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Christopher Nolan’s The Odyssey Trailer Sparks Online Backlash
Christopher Nolan’s upcoming epic The Odyssey has sparked widespread online debate after its latest trailer drew criticism over its casting, dialogue and interpretation of Homer’s ancient Greek poem.
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