Tue, 21-Oct-2025

Cabinet committee orders to expedite EoIs process for PSM

Finance Minister hints at "extraordinary" drop in flour prices in next few days

ISLAMABAD: Federal Minister for Finance and Revenue Shaukat Tarin has directed the Privatisation Commission to expedite the process of soliciting expression of interest (EoI) for Pakistan Steel Mills Corporation (PMSC) and try to close the transaction at the earliest. Presiding over the meeting of the Cabinet Committee on Privatisation (CCoP) held at the Finance Division, … Read more

Aqeel Khan appointed Hascol Petroleum CEO

Hascol Petroleum

KARACHI: Hascol Petroleum Limited has approved the appointment of Aqeel Ahmed Khan as its CEO with effect from August 5, 2021, replacing Adeeb Ahmad, who has resigned from the position, a statement said. The board has also approved the appointment of Zafar lqbal Chaudhry and Mustafa Ashraf to the board as independent directors, it added. … Read more

SECP asks firms to file beneficial ownership declaration

KARACHI: The Securities and Exchange Commission of Pakistan (SECP) asked the companies to submit information of their ultimate beneficial owners (UBOs) through filing of Form 45, required under Section 123A of the Companies Act, 2017, a statement said on Thursday. The commission will not impose any penalty on filing of overdue UBO Form 45, if … Read more