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Trump, Egypt, Qatar & Turkey Sign Deal to End Gaza WarEP News: In a major diplomatic breakthrough, US President Donald T...
14/10/2025

Trump, Egypt, Qatar & Turkey Sign Deal to End Gaza War

EP News: In a major diplomatic breakthrough, US President Donald Trump and the leaders of Egypt, Qatar, and Turkey have signed an agreement aimed at ending the ongoing war in Gaza. The deal reportedly focuses on achieving an immediate ceasefire, facilitating humanitarian aid, and initiating post-war reconstruction efforts.

While the details of the accord remain confidential, international observers have called it a “historic moment” for Middle East peace. More information is expected to be released in the coming hours.

Facebook Goes Dark in Pakistan — Mystery Outage Sparks Online BuzzEP News: Social media users across Pakistan were left ...
14/10/2025

Facebook Goes Dark in Pakistan — Mystery Outage Sparks Online Buzz

EP News: Social media users across Pakistan were left puzzled on Tuesday as Facebook suddenly went offline while all other major platforms — including Youtube, Instagram, and TikTok — continued to function normally. Reports poured in from multiple cities claiming the outage was limited to Facebook, fueling speculation of a selective block or technical disruption.

While officials have issued a statement saying that due to repair work of marine cable, internet will be down for 18 Hours. Users switching to VPNs reported instant access, hinting at possible ISP-level restrictions. The reason behind the blackout remains unclear, leaving millions disconnected from one of the country’s most-used platforms.

13/10/2025

پولیس کا TLP مظاہرین پر دھاوا، شہریوں کی جانب سے اذانیں بلند

گزشتہ رات تحریک لبیک پاکستان (TLP) کے مظاہرین پر پولیس کی جانب سے اچانک دھاوا بولا گیا۔ علاقے میں شدید شیلنگ اور فائرنگ کی آوازیں سنائی دیں، جس کے بعد شہریوں نے خوف و ہراس کے عالم میں اذانیں دینا شروع کر دیں۔ عینی شاہدین کے مطابق پولیس نے مظاہرین کو منتشر کرنے کے لیے طاقت کا استعمال کیا، جبکہ مظاہرین نے احتجاجی نعرے بازی جاری رکھی۔ صورتحال کئی گھنٹوں تک کشیدہ رہی۔

EP News: October 13, 2025, At-Tahur Limited (PSX: PREMA) announced that the debit block previously placed on its bank ac...
13/10/2025

EP News: October 13, 2025, At-Tahur Limited (PSX: PREMA) announced that the debit block previously placed on its bank accounts has been officially lifted, allowing the company to resume normal banking operations.

According to the company’s filing on the PSX, all restrictions have now been removed — marking a significant positive development in its financial and operational continuity.

Punjab, Saudi investors sign MoUs across key sectorsEP News: The Punjab government has signed multiple agreements with S...
13/10/2025

Punjab, Saudi investors sign MoUs across key sectors

EP News: The Punjab government has signed multiple agreements with Saudi investors covering real estate, hospitality, mining, agriculture, and logistics sectors. The province pledged fast-track facilitation for all investment projects through a dedicated provincial agency under the Special Investment Facilitation Council (SIFC).

The signing ceremony, held in Lahore and attended by Chief Minister Maryam Nawaz Sharif and Prince Mansoor bin Muhammad bin Saad Al Saud, marks growing Saudi interest in Pakistan’s economy. Additional collaboration opportunities were discussed in healthcare, livestock, and aquaculture, while the federal government presented over $28 billion worth of investment projects to the visiting Saudi delegation.

Investment Arabia, MoU, Real Estate, Agriculture, Mining, Logistics, Hospitality

Gold Price in Pakistan Rises Rs5,500 per TolaEP News: Gold prices in Pakistan surged on Monday, with 24-karat gold being...
13/10/2025

Gold Price in Pakistan Rises Rs5,500 per Tola

EP News: Gold prices in Pakistan surged on Monday, with 24-karat gold being sold at Rs428,200 per tola, marking an increase of Rs5,500.

Similarly, 24-karat gold per 10 grams was priced at Rs367,112, up Rs4,715, according to data released by the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA). The rate for 22-karat gold stood at Rs336,531 per 10 grams.

Silver also witnessed gains in the domestic market, with 24-karat silver being sold at Rs5,247 per tola (up Rs147) and Rs4,498 per 10 grams (up Rs126).

Globally, spot gold traded near $4,072 an ounce, up $37.9 (0.94%) from the previous session. Prices soared as investors moved toward safe-haven assets amid escalating trade tensions between the United States and China.

Sohail Afridi elected Chief Minister of Khyber Pakhtunkhwa with 90 votesEP News: Sohail Afridi has been elected as the n...
13/10/2025

Sohail Afridi elected Chief Minister of Khyber Pakhtunkhwa with 90 votes

EP News: Sohail Afridi has been elected as the new Chief Minister of Khyber Pakhtunkhwa after securing 90 votes in the provincial assembly. Backed by Pakistan Tehreek-e-Insaf (PTI), Afridi emerged as the leading candidate following Ali Amin Gandapur’s resignation. With strong support from PTI-backed independent members, Afridi comfortably surpassed the required majority, solidifying his party’s control over the province.

Customs Seize Indian Textile Machinery at Karachi PortEP News: Customs authorities have thwarted an attempt to smuggle b...
13/10/2025

Customs Seize Indian Textile Machinery at Karachi Port

EP News: Customs authorities have thwarted an attempt to smuggle banned Indian-origin textile machinery into Pakistan through misdeclaration, seizing equipment valued at over $85,000.

The Collectorate of Customs, Appraisement (West), Karachi, and the Collectorate of Customs Enforcement, Karachi, intercepted a suspicious container at the Karachi International Container Terminal on October 7, 2025.

The consignment, imported from Jebel Ali, Dubai, by a local textile manufacturer, was declared as Chinese-origin textile twisting machines. However, upon physical inspection, officials discovered that the machinery was actually manufactured in India, with efforts made to conceal its true origin.

The detection was made possible through the Federal Board of Revenue’s new Risk Management System (RMS 2.0), currently under test deployment at Karachi Port. The system generated an alert indicating possible misdeclaration of origin, prompting a detailed examination.

> “The alert for misdeclaration of origin was generated by the new Risk Management System RMS 2.0 deployed on test run by FBR at Karachi Port,” customs officials stated.

Authorities found that manufacturer plates and specification markings had been deliberately removed or scratched off to disguise the machinery’s Indian origin. The seized consignment includes a new textile twisting machine with 576 spindles, along with standard accessories and essential parts, imported in Semi-Knocked Down (SKD) condition, valued at $85,107.

Customs authorities have registered a case of misdeclaration of origin against the importer and initiated legal proceedings.

The incident underscores the rising trend of routing banned Indian goods through transshipment hubs like Dubai to evade import restrictions. Officials noted that the successful interception validates both the vigilance of customs officials and the effectiveness of FBR’s upgraded RMS 2.0 system, reflecting Pakistan’s continued efforts to strengthen border controls and curb illegal imports.

National Foods Subsidiary Divests 50.5% Stake In A1 Bags And SuppliesEP News: October 13, 2025, National Foods Limited (...
13/10/2025

National Foods Subsidiary Divests 50.5% Stake In A1 Bags And Supplies

EP News: October 13, 2025, National Foods Limited (PSX: NATF) announced that its wholly owned subsidiary, National Foods Dubai Multi Commodities Centre (NFDMMC), has executed a Share Purchase and ancillary agreements with Chemical Chase Morgan Partners and Arfa Holdings Incorporated on October 10, 2025.

As per the company’s filing on PSX, the transaction involves the divestment of 50.5% of its 60% shareholding in A1 Bags and Supplies Incorporated, which was held through National Epicure Incorporated Canada.

This move follows earlier disclosures made on August 19, 2025, and September 16, 2025, regarding the same transaction.

Pakistan Refinery Upliftment Rises 11.1% YoY in September 2025 (Ex-FO)EP Research: Overall refinery upliftment (excludin...
13/10/2025

Pakistan Refinery Upliftment Rises 11.1% YoY in September 2025 (Ex-FO)

EP Research: Overall refinery upliftment (excluding Furnace Oil) grew by 11.1% YoY in September 2025, mainly driven by a robust 18.3% increase in High-Speed Diesel (HSD) upliftment. The growth was supported by strong domestic demand and government measures to curb Iranian product inflows.

However, Furnace Oil (FO) upliftment plunged 52.0% YoY to 99k tons, following the implementation of Petroleum Development Levy (PDL) and Carbon Surcharge Levy (CSL) effective July 2025.

Among individual refineries:

- PARCO led with an 8.4% YoY rise in total energy upliftment.

- NRL posted strong growth of 37.4% YoY, driven by a surge in diesel demand.

- ATRL, PRL, and Cnergyico saw YoY declines due to lower FO volumes and maintenance-related slowdowns.

Industry upliftment totaled 822k tons in September 2025 vs 857k tons a year earlier.

TLP Chief Saad Rizvi and His Brother Shot and Arrested During Muridke OperationEP News: Muridke, Tehreek-e-Labbaik Pakis...
13/10/2025

TLP Chief Saad Rizvi and His Brother Shot and Arrested During Muridke Operation

EP News: Muridke, Tehreek-e-Labbaik Pakistan (TLP) chief Saad Rizvi and his younger brother have reportedly been shot and arrested by security forces during an ongoing operation in Muridke.

According to eyewitnesses, intense clashes erupted between TLP workers and law enforcement agencies, with reports of heavy tear gas shelling and gunfire in several areas.

TLP spokesperson has accused the forces of “directly firing on peaceful protesters,” while government officials claim the operation aims to restore law and order in the region.

The situation in Muridke remains tense, and a large number of security personnel have been deployed to prevent further escalation.

Shahtaj Sugar Mills Power Plant Achieves Commercial OperationEP News: October 13, 2025, Shahtaj Sugar Mills Limited (PSX...
13/10/2025

Shahtaj Sugar Mills Power Plant Achieves Commercial Operation

EP News: October 13, 2025, Shahtaj Sugar Mills Limited (PSX: SHJS) has announced that its power plant has successfully achieved the Commercial Operation Date (COD) after completing all required commissioning tests.

According to the company’s statement, the commissioning was carried out under Section 8.3 of the Energy Purchase Agreement (EPA). The Independent Engineer has issued both the Capacity Test Certificate and the Certificate of Commissioning, confirming that the plant fulfills all operational and performance standards.

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