The Pakistan Stock Exchange (PSX) plunged 3,668 points on Tuesday as investors feared security risks. The KSE-100 index closed at 157,870.50 points, down 2.27 percent. Market confidence fell after deadly attacks in Islamabad and Wana, prompting widespread caution. Analysts said geopolitical tensions and regional violence contributed heavily to the sharp decline. Trading was volatile, with […]
Engro Corporation
Engro connect acquires all 10,500 jazz telecom towers in $560 million deal
Engro Connect has completed a landmark $560 million deal to buy all 10,500 telecom towers owned and operated by Jazz. This is the first time in Pakistan’s history that a telecom operator has sold its entire tower infrastructure. The deal was finalized after approval from regulatory bodies, including the Competition Commission of Pakistan, and resolving […]