Faraz Ali Ansari, Author at Focus Pakistan

Faraz Ali Ansari

Kaiyi vs Cultus comparison showing the Kaiyi e-Qute electric car launched in Pakistan

Chinese EV Cheaper Than Cultus Puts Suzuki Under Immediate Pressure

Faraz Ali Ansari2026-06-25

Q-Autos’ Kaiyi launch fires the boldest pricing shot in Pakistan’s EV history. The real question is what happens after the first 200 bookings run out. Pakistan’s automotive market just absorbed its most provocative entry in years. Q-Autos, a subsidiary of the Q-Links real estate group, marched into Lahore and introduced Chinese brand Kaiyi with a ... Read more

Meezan Bank SNGPL guarantee extended until 2027 for the Rs50bn financing facility

ECC Renews Meezan Bank’s Rs50bn Guarantee for SNGPL Until 2027

Faraz Ali Ansari2026-06-25

ISLAMABAD: The Economic Coordination Committee (ECC) has granted extension in the sovereign guarantee granted to Sui Northern Gas Pipelines Limited (SNGPL) on the Rs50 billion financial package provided by Meezan Bank up to June 30, 2027, thus providing additional time to SNGPL, the biggest gas distribution company of Pakistan, until another tough winter arrives. The ... Read more

PPL BLZ Project in Balochistan enters execution phase with Germany's DMT overseeing development of the $356 million mining venture.

PPL Bets $356 Million on Balochistan Mine as German Giant Takes Charge

Faraz Ali Ansari2026-06-24

KARACHI: Pakistan Petroleum Limited just crossed the point of no return on its most ambitious non-gas bet in decades, signing a project management contract with Germany’s DMT Group to drive the Barite, Lead and Zinc (BLZ) Project from blueprint to open-pit reality in the mineral-rich hills of Khuzdar, Balochistan. PPL the development in a formal ... Read more

TPL Trakker takeover after a mystery foreign investor expresses interest in acquiring a majority stake

Mystery Foreign Buyer Targets TPL Trakker in Potential Takeover

Faraz Ali Ansari2026-06-24

KARACHI: A foreign investment group is circling TPL Trakker Limited with an offer to buy majority control and if the deal closes, Pakistan’s most battle-tested IoT and vehicle tracking company changes hands to an overseas owner for the first time in its history. TPL Corp Limited omitted all information about the suitor, price, and time ... Read more

Hyundai Tucson vs Kia Sportage as Kia cuts Sportage prices amid Pakistan SUV price war

Has Hyundai Tucson Forced KIA Into Pakistan’s Biggest SUV Price War?

Faraz Ali Ansari2026-06-24

KARACHI: Lucky Motor Corporation quietly detonated a price bomb on June 22 when it slashed the ex-factory price of the Kia Sportage L Alpha by Rs1 million and the tremors are still shaking showroom floors across Pakistan. The Alpha’s price dropped from Rs8,899,000 to Rs7,899,000, effective immediately on all invoices dated that day onward. For ... Read more

Iran jellyfish drone swarm witnessed by an F-15 pilot raises concerns over advanced Iranian drone technology.

Downed F-15 Pilot’s ‘Jellyfish Drone’ Revelation Rocks US Intelligence — Iran Hiding a Deadly Secret?

Faraz Ali Ansari2026-06-24

WASHINGTON: A US fighter pilot rescued by special forces after his F-15 Strike Eagle went down over Iran in April delivered testimony during his intelligence debriefing that sent shockwaves through the American national security establishment. He saw a swarm of Iranian drones arrange themselves into a jellyfish-like formation moments before his jet fell from the ... Read more

BASF Pakistan acquisition approved by CCP as UAE-based Kemyion Chemical Solutions acquires local business from BASF SE.

BASF Becomes Another Multinational to Exit Pakistan Market

Faraz Ali Ansari2026-06-23

KARACHI: A UAE-based chemicals trading company with zero revenue, zero assets, and zero operational footprint in Pakistan just cleared Pakistan’s competition regulator to acquire the local subsidiary of one of the world’s largest chemical companies and the watchdog’s verdict is that nothing changes. BASF Pakistan Acquisition Approved Competition Commission of Pakistan gave approval for the ... Read more

Imported EVs FED imposes up to 40% tax on electric vehicles above $75,000 under Pakistan Budget 2026.

Imported EVs Over $75,000 To Face 40% FED Under Budget 2026

Faraz Ali Ansari2026-06-23

ISLAMABAD: Govt will introduce a new Federal Excise Duty (FED) on luxury electric vehicles from July 1, 2026, as per the budget, which is a paradigm shift in the policy for electric mobility in the country and is causing a lot of controversy among parliamentarians who are concerned that it could hamper the move towards ... Read more

KP digital payments system will replace cash counters across government departments and help generate an additional Rs29.4 billion in annual revenue.

KP Goes Fully Digital, Targets Record Rs29 Billion Revenue

Faraz Ali Ansari2026-06-23

PESHAWAR: Khyber Pakhtunkhwa plans to eliminate every cash counter at every government office by September 1, targeting Rs29.4 billion in additional annual revenue through a province-wide mandate that will force citizens to pay all government dues digitally or not at all. The KP government’s initiative, anchored in the Chief Secretary’s Good Governance Programme, covers 172 ... Read more

FBR camera dispute intensifies as textile mill owners threaten factory shutdowns over mandatory surveillance camera costs.

Textile Industry Warns of Factory Shutdowns as FBR Camera Dispute Explodes

Faraz Ali Ansari2026-06-22

LAHORE: Pakistan’s textile industry escalated its standoff with the Federal Board of Revenue on Tuesday, with mill owners threatening factory closures if the tax authority proceeds with mandatory camera surveillance without bearing the installation costs itself. Sources within the All Pakistan Textile Mills Association told Focus Pakistan that FBR had directed factory owners to install ... Read more

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Faraz Ali Ansari

Chinese EV Cheaper Than Cultus Puts Suzuki Under Immediate Pressure

ECC Renews Meezan Bank’s Rs50bn Guarantee for SNGPL Until 2027

PPL Bets $356 Million on Balochistan Mine as German Giant Takes Charge

Mystery Foreign Buyer Targets TPL Trakker in Potential Takeover

Has Hyundai Tucson Forced KIA Into Pakistan’s Biggest SUV Price War?

Downed F-15 Pilot’s ‘Jellyfish Drone’ Revelation Rocks US Intelligence — Iran Hiding a Deadly Secret?

BASF Becomes Another Multinational to Exit Pakistan Market

Imported EVs Over $75,000 To Face 40% FED Under Budget 2026

KP Goes Fully Digital, Targets Record Rs29 Billion Revenue

Textile Industry Warns of Factory Shutdowns as FBR Camera Dispute Explodes

Federal Minister Launches Landmark Wastewater Environmental Strategy

BingX Accelerates Multi-Asset Expansion with Strong Q2 Growth

BYD Says It Can Overtake Toyota Without Selling a Single Car in America

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Faraz Ali Ansari