Beyond Today, Into Tomorrow
KARACHI: Gold and silver prices recorded a significant decline in Pakistan on Friday, February 6, 2026, in line with a downward trend in the international bullion market, according to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA). The price of 24-karat gold per tola fell by Rs21,400 to Rs507,762 in the local market. Likewise,…
Moonis Alvi has resigned from his position as Chief Executive Officer of K-Electric, the company’s spokesperson confirmed. The information has been formally shared with the Pakistan Stock Exchange, according to K-Electric. In a statement on X, Moonis Alvi said institutions are always greater than individuals, and the organisation’s improvement has remained his top priority. “After…
If you’re looking for the current copper price in Pakistan today or the 1 kg tamba rate on February 6, 2026, here are the latest available figures. High-quality Millberry scrap copper is trading at approximately Rs. 5,500 per kg in the main markets of Karachi, Lahore, Islamabad, and Gujranwala. Refined new copper continues to command…
MOSCOW: Russia faces a steep drop in oil income if U.S. President Donald Trump successfully pressures India to stop importing Russian crude, because losing its top purchaser of seaborne exports would force Moscow to slash prices to find other buyers, analysts and traders said. Trump on Monday cut U.S. tariffs on Indian goods in a…
Germany’s Siemens Energy said on Tuesday that it has decided to invest $1 billion to boost production in the US and significantly expand its workforce to meet a surge in electricity demand. The US has been experiencing unparalleled growth in electricity demand as the country is rapidly expanding data centers, artificial intelligence infrastructure, and modern…
Pakistan and Jordan have agreed to pursue a preferential trade agreement (PTA) and significantly expand bilateral cooperation across 16 priority sectors, ranging from trade, finance and industry to climate change, maritime affairs, health, technology and education, as the two countries signed the protocol to translate long-standing historical, political and diplomatic ties into measurable economic and…
The Kuwait Labour Relations Department at the Public Authority for Manpower (PAM) has begun implementing a new system for receiving and processing labour complaints, with a particular focus on cases filed against small and medium-sized enterprises (SMEs). A source said the move forms part of ongoing efforts to modernise working procedures and enhance service quality….
LAHORE: The Chief Minister of Punjab, Maryam Nawaz has announced the launch of a new project titled ‘Apna Khet Apna Rozgar, aimed at providing free agricultural land up to five acre to underprivileged and unemployed citizens. Maryam Nawaz has revealed this initiative in Rajanpur while speaking at the inauguration ceremony of an electric bus service….
Islamabad: Pakistan has requested Saudi Arabia to extend its deferred oil payment facility worth $1.2 billion, seeking to ease pressure on the country’s balance of payments, sources said on Wednesday. According to officials, Pakistan has asked the Saudi Fund for Development to defer oil import payments for an additional year. Petroleum imports—primarily sourced from Saudi…
As of February 4, 2026, high-quality Millberry scrap copper is trading at approximately Rs. 5,500 per kg in major cities including Karachi, Lahore, Islamabad, and Gujranwala. Refined new copper continues to trade at a premium (generally Rs. 5,800 – 6,200+ per kg depending on purity & location). Meanwhile, international copper prices have shown some downward…
