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Pakistan Oxygen Limited has nearly doubled its profit, reporting net income of Rs1.68 billion in the first six months of...
26/08/2026

Pakistan Oxygen Limited has nearly doubled its profit, reporting net income of Rs1.68 billion in the first six months of 2026, compared with Rs901.56 million in the same period last year. This represents an increase of about 87%, while six-month revenue climbed 22% to Rs7.39 billion from Rs6.07 billion.

The company’s second-quarter performance was even stronger, with net income surging 95% to Rs991.89 million from Rs510.1 million a year earlier. Quarterly revenue also increased to Rs3.77 billion, compared with Rs3.12 billion last year.

Pakistan Oxygen’s earnings per share for the first half rose sharply to Rs19.31 from Rs10.35, highlighting a major improvement in profitability during the first half of 2026.

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A new premium passenger service has been launched at Islamabad International Airport, promising a smoother and more comf...
26/08/2026

A new premium passenger service has been launched at Islamabad International Airport, promising a smoother and more comfortable travel experience. The Khush Aamdeed meet-and-assist service was formally inaugurated by Federal Secretary of Defence (Retd.) Lieutenant General Muhammad Ali.

Passengers travelling from Islamabad to Madina were the first to experience the new service. It provides priority check-in, assistance during security clearance and personalised support, helping passengers move through the airport with greater ease.

Khush Aamdeed will also offer premium lounge access and airport pick-and-drop services through different packages, giving travellers the option to upgrade their airport experience from check-in to boarding.

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Pakistan is moving to end paper-based cargo fee payments at airports as Pakistan Single Window (PSW) and Pakistan Airpor...
26/08/2026

Pakistan is moving to end paper-based cargo fee payments at airports as Pakistan Single Window (PSW) and Pakistan Airports Authority (PAA) have signed an agreement to fully digitalize the collection of Cargo Throughput Charges on imported air cargo. The new system will allow importers and clearing agents to pay online through PSW instead of visiting banks and handling paperwork.

The digital system will also automate document verification and give PAA real-time visibility of payments against individual consignments. This is expected to reduce queues, cash handling, processing time and manual errors while making Pakistan’s air cargo system more transparent and business-friendly.

The system will launch at Jinnah International Airport, Karachi, on August 27, 2026, before expanding to other airports across Pakistan. The move is another step toward creating a faster and fully digital trade process.

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Pakistan Oxygen Limited has appointed Zubair Siddiqui as its new Chief Executive Officer, effective September 1, 2026. H...
26/08/2026

Pakistan Oxygen Limited has appointed Zubair Siddiqui as its new Chief Executive Officer, effective September 1, 2026. He will replace Shaikh Farried Aman, who has been serving as the company’s Interim CEO.

The appointment was disclosed by Pakistan Oxygen in a notice to the Pakistan Stock Exchange (PSX). Siddiqui will take charge as the company’s permanent top executive following Aman’s interim tenure.

Pakistan Oxygen, established in 1949, manufactures industrial and medical gases and welding electrodes, while also supplying medical equipment.

"Disclaimer: This content is shared solely for informational purposes and is based on publicly available reports. The picture shown is AI-generated and intended for reference only."



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France will permanently close its Consulate General in Karachi after 50 years of operations, ending a major chapter in i...
26/08/2026

France will permanently close its Consulate General in Karachi after 50 years of operations, ending a major chapter in its diplomatic presence in Pakistan’s commercial capital.

French Ambassador Nicolas Galey confirmed the closure during a farewell event for himself and outgoing Consul General Alexis Chahtahtinsky. French officials previously attributed the decision solely to budgetary considerations and a broader strategy to reduce the country’s diplomatic operating costs worldwide.

Chahtahtinsky will leave Pakistan on September 1 after completing four years in Karachi.

France will continue managing its diplomatic relationship with Pakistan through its embassy in Islamabad. An honorary consul general will provide limited consular support in Karachi, while Alliance Française and the Pakistan France Business Alliance will continue promoting cultural, educational and commercial ties.

The closure has nevertheless raised concerns among business and diplomatic circles because Karachi remains Pakistan’s largest city, principal port and economic centre. Critics argue that France is reducing its physical presence just as Pakistan seeks greater foreign investment, trade partnerships and international engagement.

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Dubai’s iconic Museum of the Future is set to temporarily close for a major renovation and transformation project.The pl...
26/08/2026

Dubai’s iconic Museum of the Future is set to temporarily close for a major renovation and transformation project.

The planned work is expected to focus on upgrading and further developing the visitor experience at one of Dubai’s most recognizable landmarks and leading attractions.

The Museum of the Future has become a global symbol of innovation, technology, and futuristic design, attracting visitors from around the world since its opening.

The upcoming transformation could introduce updated experiences and new features as Dubai continues to strengthen its position as a global hub for technology, innovation, and future-focused ideas.

Further details regarding the closure period, reopening timeline, and specific upgrades are expected to be announced by the relevant authorities.

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Dubai-based Emirates has ranked No. 1 globally for international airline capacity in August, offering more than 31 billi...
26/08/2026

Dubai-based Emirates has ranked No. 1 globally for international airline capacity in August, offering more than 31 billion Available Seat Kilometres (ASKs), according to OAG data.

The ranking highlights Emirates’ extensive global network and its position as one of the world’s largest international airlines.

Available Seat Kilometres, or ASKs, are a key measure of airline capacity, calculated by multiplying the number of available seats by the distance flown.

The milestone reflects Emirates’ large-scale international operations connecting Dubai with destinations across Asia, Europe, Africa, the Middle East, and the Americas.

The airline’s strong capacity underscores Dubai’s continued role as one of the world’s leading aviation and international transit hubs.

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A case before the Lahore High Court (LHC) has highlighted an alleged SIM-swap and banking data fraud targeting six UBL -...
26/08/2026

A case before the Lahore High Court (LHC) has highlighted an alleged SIM-swap and banking data fraud targeting six UBL - United Bank Ltd customers, with reported losses reaching Rs10.45 million — over Rs1 crore.

The alleged scheme reportedly involved unauthorized SIM replacement and access to sensitive banking information, raising serious concerns about vulnerabilities in mobile-based banking verification and digital security systems.

SIM-swap fraud can potentially give criminals control over a victim’s mobile number, putting OTPs, banking alerts, and account recovery systems at risk.

The case has renewed attention on the need for stronger security coordination between banks and telecom operators, particularly when mobile numbers are used for financial authentication.

Customers are advised to immediately contact their telecom operator and bank if their SIM unexpectedly stops working or they notice suspicious activity. Never share OTPs, verification codes, PINs, or passwords with anyone.

As the case remains before the court, the final facts and responsibilities will be determined through the judicial process and relevant investigations.

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China’s Bilibili is making a major push into international markets as it seeks to expand its global audience and challen...
26/08/2026

China’s Bilibili is making a major push into international markets as it seeks to expand its global audience and challenge major video-sharing platforms, including YouTube.

The company has reportedly relaunched its international Android app and is preparing an English-language website, signalling a stronger effort to attract users outside China.

Bilibili is widely known for its video, gaming, anime, entertainment, and youth-focused content. Its international expansion could put it in direct competition for viewers and creators in an already highly competitive global video-streaming market.

The move reflects the growing ambition of Chinese technology companies to expand beyond their domestic market and build stronger international digital platforms.

However, success in global markets will depend on factors such as content availability, creator support, user experience, moderation, language accessibility, and competition from established platforms.

Bilibili’s global expansion could give creators and audiences another major platform to watch as the competition in online video continues to grow.

"Disclaimer: This content is shared solely for informational purposes and is based on publicly available reports. The picture shown is AI-generated and intended for reference only."



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26/08/2026

Thousands of people gathered in Sana’a, Yemen, to mark Eid Milad-un-Nabi ﷺ with prayers, devotion, and celebrations in honour of the Holy Prophet Muhammad ﷺ.

The gathering reflected deep love and reverence for the Prophet ﷺ, as participants came together to observe the blessed occasion in a spiritual atmosphere.

Eid Milad-un-Nabi is marked by Muslims around the world as an opportunity to remember the life, teachings, mercy, compassion, and message of Prophet Muhammad ﷺ.

May the blessed occasion inspire peace, unity, compassion, and a stronger commitment to following the teachings of the Holy Prophet ﷺ.



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