← Mehreen Abbasi

Business & Economy Correspondent

Mehreen Abbasi

Stories by Mehreen Abbasi

Page 10 of 23
Metal towers, pipes and reactors at a large urea fertilizer production plant.Pakistan / Business & Finance

Two fertilizer plants shut as LNG squeeze threatens urea supplies

An energy ministry official said two gas-based fertilizer plants had stopped production, as renewed US-Iran tensions raised fresh concerns over Pakistan's LNG imports.

A sample of lithium carbonate, a white powder used in batteries.Pakistan / Business & Finance

OGDC confirms first lithium find in Pakistan geothermal brines

Pakistan's state-run oil and gas company said geochemical testing of a high-temperature geothermal well found lithium concentrations comparable to leading brine projects.

A Pakistan State Oil petrol and CNG station in Hyderabad, Sindh.Pakistan / Business & Finance

Pakistan to fix fuel prices daily as Gulf conflict roils oil markets

The petroleum minister said Ogra will set petrol and diesel prices daily, a shift from weekly revisions, as renewed US-Iran hostilities push global oil prices higher.

Prime Minister Shehbaz Sharif at an international meeting in 2024.Pakistan / Business & Finance

Pakistan, China sign $440m pharma deals as PM vows security

Prime Minister Shehbaz Sharif welcomed nine pharmaceutical and healthcare agreements worth over $440 million and pledged to protect Chinese nationals working in Pakistan.

A visitor rings the closing bell at the Karachi Stock Exchange during an official visit in 2010.Pakistan / Business & Finance

KSE-100 plunges 6,408 points as Hormuz blockade rattles markets

Pakistan's benchmark index fell 3.56% to 173,518.81 on 14 July 2026 as the US reinstated a naval blockade of Iran and floated a toll on Strait of Hormuz cargo.

The Winder Building in Washington, DC, a historic office block that houses the Office of the United States Trade Representative.Pakistan / Business & Finance

Pakistan, US cite 'significant progress' in reciprocal trade talks

The Foreign Office said two days of Washington negotiations on a reciprocal trade agreement narrowed differences and moved both sides toward an early conclusion.

A Pakistan State Oil petrol station beside the G.T. Road near Pattoki, Punjab.Pakistan / Business & Finance

Pakistan raises petrol to Rs310.71, diesel to Rs323.30 a litre

The Petroleum Division raised petrol by Rs13.18 and high-speed diesel by Rs13.80 a litre, reversing last week's cut as Middle East war jitters pushed crude higher.

A liquefied natural gas carrier under way at sea.Pakistan / Business & Finance

SNGPL declares force majeure as LNG supply to Punjab is cut

Sui Northern Gas Pipelines declared force majeure on RLNG supplies to four Punjab power plants, raising the risk of loadshedding until deliveries resume in August.

The State Bank of Pakistan headquarters building in Karachi.Pakistan / Business & Finance

Pakistan records highest-ever $41.6bn remittances in FY26

The State Bank of Pakistan reported record worker remittances of $41.6 billion for FY26, up 8.6%, although June inflows eased from May's peak.

The facade of the Karachi Stock Exchange building, now part of the Pakistan Stock Exchange.Pakistan / Business & Finance

PSX snaps five-day rally as KSE-100 sheds 1,199 points

Pakistan's benchmark KSE-100 index fell 1,199 points to close at 186,255 on 7 July 2026 as investors locked in profits after a record-breaking five-day run.

The Bahria Icon Tower, a tall modern skyscraper in Karachi, seen from below.Pakistan / Business & Finance

NAB takes possession of Karachi's Bahria Icon Tower

The National Accountability Bureau seized Karachi's tallest building after an accountability court confirmed its attachment in a money-laundering investigation.

A Pakistan State Oil petrol and CNG station in Hyderabad, Sindh.Pakistan / Business & Finance

Pakistan cuts petrol and diesel prices by Rs1.97 per litre

The federal government notified a Rs1.97 per litre cut in petrol and high-speed diesel prices, setting petrol at Rs297.53 and diesel at Rs309.50 from 4 July 2026.