Islamabad, March 3, 2026 – The Federal Constitutional Court (FCC) has overturned a previous judgment by the Lahore High Court (LHC) concerning the conversion of a residential plot into commercial use. The case has been sent back to the high court for a fresh hearing, which must be concluded within 90 days.
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Pakistan’s headline inflation climbs to 7% in February 2026
Islamabad, March 2, 2026 – Pakistan’s headline inflation surged to 7% in February 2026, marking a significant rise compared to both last month and the same period last year, according to the Pakistan Bureau of Statistics (PBS). The increase reflects continued pressure on consumer prices amid rising costs across food, energy, and other essential commodities.
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Islamabad closes all routes to Red Zone amid heightened security alert
Islamabad, March 1, 2026: The Islamabad Traffic Police (ITP) on Sunday announced the complete closure of all routes leading to the Red Zone due to heightened security measures. Commuters have been advised to avoid travelling in the area until further notice.
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Pakistan hikes petroleum prices sharply amid rising Gulf tensions
Islamabad, February 28, 2026: The government of Pakistan late Saturday night announced a significant increase in petroleum prices for the first fortnight of March 2026, citing escalating tensions in the Gulf region and the risk of a surge in international oil prices.
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Pakistan suspends flights to UAE, Bahrain, Kuwait and Qatar amid regional tensions
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.
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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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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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Pakistan’s inflation falls 0.54% in first week of Ramazan 2026
Karachi, February 27, 2026 – Inflation in Pakistan, measured through the Sensitive Price Indicator (SPI), declined by 0.54% in the first week of Ramazan 2026, according to the Pakistan Bureau of Statistics (PBS). The holy month began on February 19, 2026, and early data shows easing prices for several essential commodities.
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PMD predicts date for Eid-ul-Fitr 2026
Islamabad, February 24, 2026 – The Pakistan Meteorological Department (PMD) has predicted that the new moon of Shawwal 1447 AH is unlikely to be sighted on the evening of March 19, 2026, corresponding to the 29th day of Ramazan 1447 AH. Based on these scientific calculations, Eid-ul-Fitr 2026 is expected to fall on March 21, 2026.
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