K-Electric Appoints Shaheryar Chishty as Board Chairman Following Extraordinary General Meeting
K-Electric officially appoints Shaheryar Chishty as Chairman of the Board as part of a leadership restructuring following recent executive changes.
Jawwad Ahmed Cheema Appointed CEO of Pakistan State Oil for Three Year Term
Pakistan State Oil names former Shell executive Jawwad Ahmed Cheema as its new CEO starting May 2026 following a strategic board decision in Karachi.
NEPRA Approves Electricity Price Hike of 1.42 Rupees Under February Fuel Cost Adjustment
NEPRA announces a power tariff increase of 1.42 rupees per unit for February fuel cost adjustments to be recovered from KE and DISCO consumers in April 2026.
K-Electric Appoints Syed Taha as New CEO to Lead Karachi Power Utility
K-Electric has named Syed Taha as its new Chief Executive Officer, effective April 2026, bringing extensive energy sector experience from PSO and Oasis Energy.
Nepra flags surplus capacity and grid bottlenecks as key drivers of rising electricity tariffs in Pakistan
Nepra’s FY2024-25 report highlights surplus generation capacity, low plant utilisation, high capacity payments and transmission bottlenecks as major factors behind elevated electricity tariffs and financial strain in Pakistan’s power sector.
SSGC Appoints Muhammad Amin Rajput as Managing Director and CEO for Three Year Term
Sui Southern Gas Company names Muhammad Amin Rajput as Managing Director and CEO for three years, formalizing his leadership after serving as interim head since February 13.
Saudi, Kuwaiti investors initiate $2bn arbitration against Pakistan over K-Electric
Saudi and Kuwaiti investors in K-Electric have launched a $2 billion international arbitration against Pakistan, citing regulatory interference, unpaid dues, and delays in a blocked sale of the power utility.
K-Electric Collaborates with Neem Paymenow to Provide Shariah-Compliant Earned Wage Access for Staff
K-Electric teams up with Neem Paymenow to give employees instant access to earned wages. The Shariah-compliant solution enhances financial flexibility and supports staff well-being without cost to the employer.
KSE-100 Index Surges Over 1,000 Points Amid Strong Sectoral Performance
The Pakistan Stock Exchange (PSX) saw a strong rally on Friday as the KSE-100 Index gained over 1,000 points, fueled by investor interest in key sectors like automobiles, oil, and banking. The market’s upbeat performance was also buoyed by corporate developments and sectoral optimism.
Pakistan Stock Market Ends Week Lower Amid Profit-Taking, Tariff Uncertainty, and Weak Earnings
The Pakistan Stock Exchange (PSX) ended the week on a cautious note as the KSE-100 Index slipped 502 points or 0.31% week-on-week, weighed down by profit-taking, regulatory uncertainty following NEPRA’s tariff revisions, and weak corporate earnings. Despite the decline, strong treasury performance and a current account surplus provided some macroeconomic stability.