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Global
Iran War Deals a Blow to US Housing Market as Mortgage Rates Rise
▫️Expectations of an economic recovery in 2026 have yet to materialize
Corporate
Gul Ahmed Energy Group Venture to Build Pakistan’s Largest Data Centre With $230 Million Investment
▫️Project could attract up to $600 million in investment over the next three to four years as demand for cloud computing, artificial intelligence and local data services rises
National
Punjab Decides to Establish Model Agriculture Malls in All Districts in Phases
▫️Farmers will be provided agricultural inputs, modern machinery, expert consultation and other facilities under one roof
City District
Bank Accounts Worth $4.5 Million Linked to Karachi Private Housing Society Frozen in Mauritius
▫️NAB investigation reveals funds were allegedly transferred from Pakistan to the UAE and then to Mauritius through hawala and hundi networks
City District
Auction of Two Prime Plots Reserved for Petrol Pumps in IT City Completed
▫️Annual base prices for the 5.38 kanal and 6.77 kanal plots were set at Rs25 million and Rs30 million, respectively