OGDCL Announces Major Gas Discovery at Sahito 1 Well in Sindh
Oil and Gas Development Company Limited discovers 17.2 MMSCFD of gas at the Sahito 1 exploratory well in Khairpur, marking a win for Pakistans energy sector.
Bank Alfalah Shareholders Approve Sale of Bangladesh Operations to Bank Asia
Bank Alfalah Limited shareholders officially greenlight the 47.5 million dollar sale of the bank’s Bangladesh business as part of a strategic international restructuring.
Pakistan Sharia Finance Momentum Continues as Government Raises Rs118 Billion via Sukuk Auction
The Government of Pakistan successfully raised Rs118.05 billion through its 32nd Ijarah Sukuk auction, signaling a massive shift toward Sharia-compliant digital finance.
PSBA Proposes Zero Capital Gains Tax on Long Term Holdings in Budget 2026-27
The Pakistan Stock Brokers Association has submitted budget proposals for 2026-27, calling for CGT exemptions on 3-year holdings and corporate tax cuts.
OGDCL Receives Ninth Interest Installment of Rs7.25 Billion Under Circular Debt Plan
Oil and Gas Development Company Limited confirms receipt of the ninth interest installment from Power Holding Limited as part of the government’s settlement plan.
PSX Issues Risk Warning Alert for Dadabhoy Construction and Haseeb Waqas Sugar Mills
The Pakistan Stock Exchange has flagged DCTL and HWQS for non-compliance and outstanding dues, warning of compulsory buy-back actions if not rectified.
OGDCL Achieves Breakthrough with Pakistan’s First Horizontal Oil Well in Clastic Reservoir
Oil and Gas Development Company Limited has started production at the Pasakhi-13 well in Sindh, yielding 460 barrels of oil per day through horizontal drilling.
TPL Trakker Strengthens Balance Sheet with Early Settlement of Sukuk Certificates II
TPL Trakker Limited executes early repayment of its five-year Sukuk Certificates II ahead of the 2026 maturity date to optimize capital structure and reduce costs.
State Bank of Pakistan Approves Bank Alfalah Share Subdivision and Capital Restructuring
SBP issues No Objection Certificate to Bank Alfalah for Memorandum and Articles of Association amendments to facilitate proposed stock split and capital changes.
SECP Initiates Stakeholder Consultation to Recalibrate T+1 Settlement Cycle
The SECP launches a formal review of the T+1 settlement framework following market concerns over liquidity, banking integration, and operational stress.