Islamabad, February 28, 2026 — Pakistan International Airlines (PIA) on Saturday announced the temporary suspension of its flights to the United Arab Emirates (UAE), Bahrain, Kuwait, and Qatar until Sunday evening or until the reopening of the affected regional airspaces.
(more…)Author: Mrs. Anjum Shahnawaz
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FBR Chairman, Islamabad Chamber discuss super tax, refunds and POS integration
Islamabad, February 28, 2026 – An 18-member delegation of the Islamabad Chamber of Commerce and Industry (ICCI), led by its President Sardar Tahir Mahmood, held a detailed meeting with Chairman Federal Board of Revenue (FBR) Rashid Mahmood Langrial at the FBR Headquarters to discuss key taxation and business facilitation issues.
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PM Shehbaz condemns Gulf escalation, reaffirms Pakistan’s support
Islamabad, February 28, 2026 – Prime Minister Muhammad Shehbaz Sharif held separate telephone conversations with Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud of Saudi Arabia and President Sheikh Mohamed bin Zayed Al Nahyan of the United Arab Emirates (UAE) this evening, strongly condemning the recent regional escalation in the Gulf.
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LCCI Expresses Full Support to Pakistan Armed Forces Amid Afghan Tensions
Lahore, February 28, 2026 – The Lahore Chamber of Commerce and Industry (LCCI) on Saturday expressed unwavering solidarity with the Pakistan Armed Forces against recent incursions and aggression originating from Afghanistan.
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Islamabad braces for warm, dry day as PMD issues forecast
Islamabad, February 28, 2026: The Pakistan Meteorological Department (PMD) on Saturday issued the daytime temperature forecast for Islamabad for Sunday, March 1, 2026, predicting dry weather with temperatures ranging between 27°C and 29°C.
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Pakistan set to hike petroleum prices for early March 2026
Karachi, February 28, 2026 – Pakistan is likely to increase petroleum prices from March 1, driven by rising international fuel rates, sources reported on Friday. Petrol prices may climb by Rs4.58 per litre, while high-speed diesel (HSD) could see a rise of Rs4.73 per litre.
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NAB recovers 350 acres of prime government land in Karachi worth Rs423.5bn
Karachi, February 27, 2026 – In a major breakthrough against illegal land allotment and administrative corruption, the National Accountability Bureau (NAB) has successfully recovered 350 acres of high-value government land in Karachi, with an estimated market worth of Rs423.5 billion. The reclaimed property, located in the highly sought-after Clifton Block-I and Block-II areas, marks one of the largest land recoveries in Pakistan’s recent history.
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Power Division clarifies confusion over PM’s electricity relief package
Islamabad, February 27, 2026 – The Power Division on Friday issued a formal clarification to address public confusion arising from recent media reports that linked the Fuel Cost Adjustment (FCA) with the electricity relief package announced by the Prime Minister. Officials emphasized that the two are entirely separate components within the tariff determination framework and have no direct connection.
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Tax bars flag super tax, SRO 350 issues; FBR chairman forms committee
Islamabad, February 27, 2026 – Representatives of leading tax bar associations on Friday raised serious concerns over the implementation of super tax and SRO 350(I)/2024 during a high-level meeting with Chairman Federal Board of Revenue (FBR), Rashid Mahmood Langrial, prompting the formation of a special committee to address taxpayers’ grievances.
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Aurangzeb approves revised features of low-cost housing scheme, sanctions key grants
Islamabad, February 27, 2026 – Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, on Friday approved the revised features of the “Mera Ghar Mera Aashiana (MGMA)” – Mortgage Financing for Low-Cost Housing Scheme, while chairing a meeting of the Economic Coordination Committee (ECC) of the Cabinet. The committee also sanctioned major infrastructural and development-related grants to support housing, agriculture, and energy sectors.
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