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CCP reviews competition in insurance, gold sectors

[ Studies flag low insurance penetration, informal gold trade and market dominance as key challenges At current prices, the looted gold is worth around $70 million. PHOTO: PIXABAY ISLAMABAD: The Competition Commission of Pakistan (CCP) expanded its market research activity in 2025, releasing competition assessment studies covering key sectors, including insurance, power, gold, pesticides, steel, … Read more

Saudi-led coalition targets Mukalla dock in Yemen over alleged STC arms delivery

Tensions rise after clashes between UAE-backed STC and Saudi-backed government troops Members of the forces of Yemen’s main separatist group, the Southern Transitional Council, gather in a mountainous area where they are launching a military operation in the southern province of Abyan, Yemen, December 15, 2025. REUTERS The Saudi-led coalition in Yemen launched a limited … Read more

Oil prices rise as tensions flare in Yemen

[ Moscow claims Ukrainian drones targeted Russian presidency; investors await US stockpiles report A view shows oil pump jacks outside Almetyevsk, in the Republic of Tatarstan, Russia July 14, 2025. Photo: Reuters NEW YORK/BENGALURU: Oil prices rose by more than $1 on Monday as traders braced for potential supply disruptions in the Middle East due … Read more

Businessmen asked to invest in maritime zone

[ Commander logistics reveals maritime policy finalised, being discussed at government level KARACHI: Highlighting Pakistan’s vast untapped maritime potential, Commander Logistics and Director General Naval Research & Development Institute (NRDI) Rear Admiral Muhammad Sohail Arshad has urged the business community to proactively seize opportunities across shipping, shipbuilding, offshore exploration, maritime technology, logistics and coastal infrastructure. … Read more

Senate panel urges faster FPSC recruitment

ISLAMABAD: A Senate panel on Monday expressed concern over delays in the Federal Public Service Commission’s (FPSC) general recruitment process, which currently takes at least two years, and directed the Commission to expedite implementation. The session of the Senate Committee on Delegated Legislation was chaired by Senator Naseema Ehsan. The panel reviewed rules for CSS … Read more

Industry against pricing 5G in dollars

[ ISLAMABAD: Telecom service providers have criticised the government for linking the auction of 5G spectrum to the US dollar, arguing that this policy imposes a financial strain on the telecom industry and delays network rollout. Pricing spectrum in foreign currency and relying on heavy upfront payments places avoidable financial strain on the sector and … Read more