Karachi, January 1, 2026 – The Oil and Gas Development Company Limited (OGDCL) has announced a significant oil and gas discovery in District Kohat, Khyber Pakhtunkhwa (KPK), strengthening Pakistan’s domestic energy resource base.
(more…)Author: Faisal Shahnawaz
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Bank of Punjab launches Pakistan Skills Impact Bond to boost youth employment
Islamabad, January 1, 2026 – The Bank of Punjab (BOP), in collaboration with the British Asian Trust (BAT) acting as Transaction Advisors and Program Managers (TAPM), has officially launched the Pakistan Skills Impact Bond (PSIB)—a AAA-rated, Government of Pakistan-backed Term Finance Certificate (TFC) valued at Rs 1,000 million.
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Rashid Khan to Captain Afghanistan in ICC Men’s T20 World Cup 2026
Afghanistan Cricket Board (ACB) has announced that Rashid Khan will lead the Afghanistan cricket team in the ICC Men’s T20 World Cup 2026, scheduled to be held in India and Sri Lanka. The 15-member squad was also confirmed for the upcoming T20I series against West Indies, starting January 19, 2026.
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JazzCash reaches 57 million users, boosts Pakistan’s cashless economy
Karachi, December 31, 2025 – JazzCash has crossed 57 million customers, underscoring the rapid adoption of digital payments in Pakistan as the government accelerates its push toward a cashless economy.
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KSE-100 Index soars 51% in 2025, marks strongest year in recent history
Karachi, December 31, 2025 – Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index recorded an impressive 51% growth in 2025 compared to the previous year, according to market analysts.
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Xpeng Faces Backlash Over Alleged Sensor Removal in G6 Electric SUV
Chinese electric vehicle manufacturer Xpeng has come under intense scrutiny after reports surfaced accusing the company of quietly removing key driver-assistance hardware from certain Xpeng G6 electric SUV models—without clearly informing buyers.
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Xiaomi Gears Up for Four New Vehicle Launches in 2026
Xiaomi is preparing a major expansion of its automotive portfolio, with plans to introduce four new vehicles in 2026, including two EREV SUVs and two updated versions of the SU7 sedan.
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Pakistani rupee loses Rs1.75 against dollar in 2025
Karachi, December 31, 2025 — The Pakistani rupee depreciated by Rs1.75 against the US dollar during the year 2025, according to data released by the State Bank of Pakistan (SBP). The interbank foreign exchange market closed on December 31, 2025, at Rs280.12 per dollar, compared to Rs278.55 per dollar at the same time last year.
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MG Pakistan Launches MG Exchange Certified Used Vehicle Program
MG Motor Pakistan has introduced a smart new way for car owners to upgrade their ride with the launch of the MG Exchange Certified Used Vehicle Program.
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SBP releases daily interbank currency exchange rates – December 31, 2025
Karachi, December 31, 2025 — The State Bank of Pakistan (SBP) on Wednesday published the daily interbank currency exchange rates to provide updated information to banking customers, importers, exporters, and financial market participants. These rates serve as a guideline for commercial transactions and reflect the prevailing trends in the foreign exchange market.
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