— FIA registers separate money laundering and regulatory cases against Dr. Fazeela Abbasi Aftab Maken ISLAMABAD: Pakistan’s Federal Investigation Agency has registered two separate cases against Dr. Fazeela Abbasi—a TikToker and sister of actor Hamza Ali Abbasi, over alleged money laundering and regulatory violations. One case was filed under money …
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Pakistan Telecommunication Authority says 5G spectrum auction fetched Rs144.5bn, with 480 MHz sold in the first stage, increasing spectrum availability by 1.7%. Aftab Maken ISLAMABAD: Pakistan Telecommunication Authority chairman Major General (retd) Hafeez ur Rehman announced the results of the 5G spectrum auction, saying the first phase of bidding has …
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—Finance Minister says NGMS/5G spectrum auction will accelerate digital growth and support IT exports, telecom expansion, and digital payments ecosystem in Pakistan Aftab Maken ISLAMABAD: Finance Minister Muhammad Aurangzeb said the NGMS/5G spectrum auction conducted by the Pakistan Telecommunication Authority marks a major step toward Pakistan’s digital transformation and expansion …
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–A Pakistani consumer has taken JazzCash to Islamabad’s Consumer Court, seeking Rs2 million Aftab Maken ISLAMABAD: A frustrated Pakistani consumer filed a lawsuit against JazzCash, the digital wallet of Pakistan’s largest telecom operator, Jazz, alleging unauthorized deduction of Rs 823 for a weekly mobile package that was never activated. Court …
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Competition Commission calls for policy, financing, and regulatory reforms to boost Pakistan’s auto industry. Aftab Maken ISLAMABAD: The Competition Commission of Pakistan (CCP) has released a landmark report, “The Road to Fair Competition – A Study of Pakistan’s Automobile Industry,” highlighting structural and regulatory challenges and recommending sweeping reforms to …
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BeNewz Report ISLAMABAD: Senate Standing Committee on Privatization was informed that the Fauji Foundation is not part of the Arif Habib consortium set to acquire Pakistan International Airlines (PIA), while the government will retain a 25 percent stake in the national carrier valued at Rs45 billion. The briefing was given …
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BeNewz Report ISLAMABAD: Deputy Prime Minister and Foreign Minister Ishaq Dar landed in Dubai on Friday for a high-stakes official visit, arriving directly from the World Economic Forum in Davos, Switzerland. His primary agenda: urgent talks with the management of UAE-based telecom powerhouse Etisalat to untangle a protracted dispute over …
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Aftab Maken ISLAMABAD: For Pakistan’s aviation sector, the government has officially shelved a high-profile plan to hand over management and operations of Islamabad International Airport (IIAP) to the United Arab Emirates (UAE), following Abu Dhabi’s repeated failure to nominate a partner. The decision marks the end of months of negotiations …
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Aftab Maken ISLAMABAD: A major controversy has erupted over the hefty meeting fees and perks provided to the Chairman and members of the Pakistan Telecommunication Company Limited (PTCL) Board of Directors. Official documents reveal that the PTCL Chairman receives $8,000 per board meeting, while each director is paid $5,000 per …
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BeNewz Report KARACHI: The Anti-Smuggling Organization (ASO) of the Collectorate of Customs Enforcement, Karachi, conducted a successful intelligence-based operation on Thursday morning, intercepting a large consignment of smuggled mobile phones valued at approximately Rs. 62 million. Acting on credible intelligence that a Mazda truck was transporting smuggled mobile phones from …
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