Tag: Pakistan Economy
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Telenor Towers Worth More Than Entire PTCL Acquisition Price, Say Industry Sources
The long-delayed PTCL–Telenor acquisition has finally received conditional approval from the Competition Commission of Pakistan (CCP) on October 1, 2025. The CCP imposed conditions...
Toyota Assembler IMC Eyes Used Car Imports Under New Government Policy
Indus Motor Company (IMC), the local assembler of Toyota vehicles in Pakistan, is exploring the possibility of importing used cars following the government’s recent...
Gul Ahmed Shuts Export Apparel Unit Amid Mounting Losses
Gul Ahmed Textile Mills Limited (GATM), one of Pakistan’s largest textile groups, has announced the closure of its export apparel division after years of...
OGDCL Pocketing Billions Amid Pakistan’s Circular Debt Crisis
Oil and Gas Development Company Limited (OGDCL) confirmed on Tuesday that it has bagged yet another Rs7.73 billion from Power Holding (Private) Limited (PHL)...
Aurangzeb Hails Rs1.2tr Circular Debt Financing Deal as Pakistan’s Largest Restructuring Transaction
Finance Minister Muhammad Aurangzeb has lauded the Rs1.2 trillion bank loan secured to address Pakistan’s ballooning circular debt, calling it the “largest financing and...
