Prime Minister Shehbaz Sharif and Saudi Crown Prince Mohammed bin Salman share a moment after signing the landmark Strategic Mutual Defense Agreement in Riyadh, Saudi Arabia, September 17, 2025. — Prime Minister’s HousePrince Mansour heads Saudi business delegation. Visit highlights…
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Saudi Prince Mansour bin Saud to acquire majority stake in K-Electric
A view of the K-Electric head office in Karachi. — K-Electric website/File
Prince Mansour set to buy controlling shares in K-Electric.AsiaPak Investments confirms sale of 53.8% stake in KESP.KE ownership dispute nears end with Saudi acquisition deal.
ADB revises Pakistan’s FY25 growth forecast to 2.7%
An image of the Asia Development Bank’s logo. — Reuters/FileFY26 growth forecast held steady at 3%.Regional GDP trimmed to 5.9% on trade risks.US tariffs, conflicts threaten regional supply chains.
KARACHI: The Asian Development Bank has revised Pakistan’s economic growth…
Passenger car sales surge 22% YoY in July, slump 60% MoM
A representational image showing cars parked at a dealership. — Reuters/FilePAMA members sell 7,135 cars in July.Car sales surge on lower interest rates.Two/three-wheeler sales jump 44% YoY.
KARACHI: Passenger car sales by Pakistan…