Finance
Meezan Bank Appoints Dr. Syed Amir Ali as New President & CEO
Meezan Bank Limited has officially announced a major leadership change. The bank appointed Dr. Syed Amir Ali as its new President and Chief Executive Officer (CEO). This appointment is effective immediately, starting December 30, 2025. Dr. Syed Amir Ali previously…
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SBP Cancels Money Masters Currency Exchange License
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The State Bank of Pakistan (SBP) has cancelled the authorization and operating license of Money Masters Currency Exchange Company (Pvt.) Limited with immediate effect, following…
SECP Issues New Rules for Digital Asset Management Services
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The Securities and Exchange Commission of Pakistan (SECP) has introduced new rules for Digital Asset Management Services (DAMS) to regulate Digital Asset Management Companies (Digital…
Pakistan’s Trade Deficit Hits $2.9bn in August 2025
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Pakistan’s economy faces fresh pressure as the trade deficit widened sharply in August 2025, raising concerns over foreign exchange reserves and economic stability. The latest…
Deutsche Bank Announces New CCO in Pakistan
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Deutsche Bank has appointed Syed Ali Haider Zaidi as its new Chief Country Officer (CCO) in Pakistan, replacing Kamran Zaidi, who will be moving into…
ECC Approves Dollar-Based Returns for White Oil Pipeline Project
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The federal government has approved a dollar-based guaranteed return for the transportation of petroleum products through the Machike-Thallian-Tarujabba White Oil Pipeline, a 477-kilometer project costing…
PIA Privatisation Expected by November
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A parliamentary committee was informed on Monday that PIA privatisation is expected to be completed by November this year, with four companies currently in the…
KSE-100 Index Nears 150,000 Amid Strong Market Momentum
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The Pakistan Stock Exchange (PSX) witnessed a remarkable surge on Monday as the KSE-100 Index came close to crossing the historic 150,000 mark, reflecting renewed…
Pakistan’s Inflation Drops to 3% in August 2025
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Pakistan’s inflation showed signs of easing in August 2025, providing relief to consumers amid rising cost-of-living concerns. According to the Pakistan Bureau of Statistics (PBS),…
World Bank Authorizes Changes to PRIDE Program Financing
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The World Bank has approved a restructuring of the Punjab Resource Improvement and Digital Effectiveness (PRIDE) program worth US$304 million. The Bank approved the cancellation…
Sazgar Engineering Profitability Doubles in FY25
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Sazgar Engineering Works Limited (SAZEW) profitability recorded a sharp improvement in FY25, with the company achieving major growth across revenue, profit, and investor returns compared…
Pakistan Cuts Rs2.6 Trillion in Public Debt Before Maturity
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Pakistan has cut Rs2.6 trillion in public debt before its maturity, Advisor to the Finance Minister Khurram Schehzad confirmed on Sunday. In a statement on…
Govt Announces EOBI Pension Increase for 500,000 Pensioners
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The government has announced an EOBI pension increase that will benefit around 500,000 pensioners, with enhanced pensions and arrears scheduled to be disbursed on September…
