Khaleeq Kiani

Articles by Khaleeq Kiani

Discos found purchasing power outside national grid at exorbitant rates

Business April 22, 2026

ISLAMABAD: Amid public outcry over expensive power and excessive loadshedding, the government on Wednesday announced that it had unearthed expensive power purchases by distribution companies (Discos) ...

Attock refinery announces closure of main crude plant amid road closures

News April 22, 2026

ISLAMABAD: In a major setback, Attock Refinery Limited (ARL) — the only oil refinery in the north of the country — has been forced to shut down until restoration of ongoing road closures taken und...

Govt invites bids from financiers as it eyes more borrowing

News April 22, 2026

• Seeks proposals from global consortiums to act as underwriters, lead managers, book runners• Selection based on lowest yield, cost, coupon• Timing of future issuances tied to market conditions...

Govt forsees economic slowdown during current, next fiscal years due to Middle East war

News April 20, 2026

ISLAMABAD: The government said on Monday that Pakistan’s economic growth would be affected during the current and next fiscal years due to an almost 20 per cent cut in development budget for fuel su...

Pakistan increases Eurobond from $500m to $750m

News April 20, 2026

ISLAMABAD: The government announced on Monday that it has increased its Eurobond to $750 million from $500m by exercising the green-shoe option as the country’s foreign exchange needs grow due to a ...

Pakistan increases size of Eurobond from $500m to $750m

News April 20, 2026

ISLAMABAD: The government announced on Monday that it has increased its Eurobond to $750 million from $500m by exercising the green-shoe option as the country’s foreign exchange needs grow due to a ...

Pakistan engages IFC for investors in installation of 10m smart meters across all Discos

Business April 20, 2026

ISLAMABAD: Pakistan on Monday engaged the International Finance Corporation (IFC) of the World Bank as transaction adviser for inducting private investors in the installation of 10 million smart meter...

Pakistan in discussion with Qatar for supply of LNG cargoes amid electricity shortfall

Business April 19, 2026

ISLAMABAD: Pakistan and Qatar are in an advanced stage of discussions for the supply of at least four cargoes of liquefied natural gas (LNG), which could pass through the Strait of Hormuz, sources tol...

Diesel price cut by Rs32 a litre, petrol unchanged

News April 18, 2026

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday announced a reduction of Rs32.12 per litre in diesel prices while keeping petrol rates unchanged for the week ending April 24, passing on the impact ...

Pakistan raises $500m through Eurobond after 4-year hiatus

Business April 17, 2026

ISLAMABAD: A day after receiving $2 billion in assistance from Saudi Arabia, the government on Friday announced it had raised $500 million from the international capital market through a Eurobond afte...