10+ hour, 58+ min ago  (374+ words) MG News | May 24, 2026 at 03: 32 PM GMT+05: 00 May 24, 2026 (MLN): President Donald Trump has revealed that the critical Strait of Hormuz will be opened as part of a sweeping Middle East peace agreement that is on the verge of formation, following intensive…...

2+ day, 6+ hour ago  (146+ words) MG News | May 22, 2026 at 06: 07 PM GMT+05: 00 May 22, 2026 (MLN): Gold price in Pakistan remained unchanged on Friday, with 24-karat gold being sold at Rs475, 362 per tola, unchanged from the previous session. The price of 22-karat gold was also quoted at Rs373, 597 per 10-gram....

2+ day, 10+ hour ago  (307+ words) MG News | May 22, 2026 at 01: 09 PM GMT+05: 00 May 22, 2026 (MLN):" Avanceon Limited (PSX: AVN) posted a 44. 5% Yo Y increase in profit after tax for the quarter ended March 31, 2026, reaching Rs64. 55m compared to Rs44. 68m in the corresponding period last year. Earnings per share (EPS) rose…...

2+ day, 6+ hour ago  (407+ words) MG News | May 22, 2026 at 05: 05 PM GMT+05: 00 May 22, 2026 (MLN): The benchmark KSE-100 Index ended Friday's trading session in the red, closing at 167, 844. 24, down by 670. 20 points or 0. 40%, as investor sentiment weakened amid renewed uncertainty surrounding U. S. -Iran peace negotiations and rising international oil…...

2+ day, 11+ hour ago  (423+ words) MG News | May 22, 2026 at 03: 03 PM GMT+05: 00 May 22, 2026 (MLN): AGP Limited (PSX: AGP) has revealed a sweeping corporate restructuring plan aimed at creating one of Pakistan's largest integrated pharmaceutical platforms, in a move expected to lift annual revenue to nearly Rs37. 5 billion…...

2+ day, 11+ hour ago  (376+ words) MG News | May 22, 2026 at 02: 52 PM GMT+05: 00 May 22, 2026 (MLN): In a major push toward energy transition and environmental sustainability, the shareholders of Mari Energies Limited (PSX: MARI) have officially approved a massive financial and strategic backing package for its subsidiary, GHG…...

2+ day, 13+ hour ago  (219+ words) MG News | May 22, 2026 at 02: 37 PM GMT+05: 00 May 22, 2026 (MLN): Pakistan's Power Division has warned electricity consumers to beware of a fraudulent scheme in which hackers and criminals are using fake QR codes and bogus online links to steal personal information under…...

3+ day, 8+ hour ago  (206+ words) MG News | May 21, 2026 at 03: 21 PM GMT+05: 00 May 21, 2026 (MLN): UDL International Limited acquired two open plots of land measuring 100 square yards each in DHA Phase 7 Extension, Karachi, for a total consideration of Rs65 million, with each plot purchased for Rs32. 5m. The company has…...

3+ day, 11+ hour ago  (294+ words) MG News | May 21, 2026 at 12: 10 PM GMT+05: 00 May 21, 2026 (MLN): Pakistan has offered Kuwait investment opportunities in fuel storage, bonded terminals, jetty construction and port infrastructure projects as part of efforts to expand foreign participation in the country's maritime and energy logistics…...

3+ day, 9+ hour ago  (555+ words) MG News | May 21, 2026 at 07: 38 PM GMT+05: 00 May 21, 2026 (MLN): In a landmark achievement for Pakistan's energy and petroleum sector, Sitara Petroleum Service Limited has successfully completed its Initial Public Offering (IPO), receiving an overwhelming response from investors during both the book…...