Korangi Fire Extinguished After 17 Days, But Gas Emission Continues

KARACHI: The massive fire that raged for more than two weeks in Karachi’s Korangi area has finally been extinguished. However, gas emission from the site still continues, raising ongoing safety concerns. The blaze broke out on March 29 after a deep bore-drilling operation went 1,200 feet underground. Since then, thick smoke and flames alarmed nearby …

IMF Deal Sparks Bullish Rally at PSX, Market Gains Over 1,100 Points

The Pakistan Stock Exchange (PSX) witnessed a strong rally on Wednesday. Investors reacted positively to Pakistan’s staff-level agreement with the International Monetary Fund (IMF). The benchmark KSE-100 Index soared by 1,139.15 points, closing at 117,772.31, marking a 0.98% gain. The index hit an intra-day high of 118,220.88 points. Buying pressure remained strong across multiple sectors. …

Pakistan’s Mining Sector Shines at Future Minerals Forum in Riyadh

The Pakistan Pavilion at the Future Minerals Forum (FMF) in Riyadh attracted widespread interest on the event’s second day. The forum, attended by over 20,000 visitors, brought together ministers, mining professionals, investors, and academics from around the world. The Pakistan Pavilion stood out with its vibrant design and informative exhibits. Visitors praised its presentation, with …

PPL Named Top Corporate Donor for 19th Consecutive Year

ISLAMABAD: Pakistan Petroleum Limited (PPL) has once again secured its position as one of Pakistan’s largest corporate donors. The Pakistan Centre for Philanthropy (PCP) recognized PPL for its Corporate Social Responsibility (CSR) contributions in 2022. This marks the 19th consecutive year the company has received this honor. PPL’s CSR contributions for the financial year 2023-24 …

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