Finance
Religious Leaders Allege SBP Shielded Banks From Interest-Free Deadline
A group of prominent religious leaders has accused the State Bank of Pakistan of granting banks what they describe as de facto immunity from the constitutional deadline to eliminate riba by 2027, intensifying a long running dispute over the pace…
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President Approves Pakistan Land Port Authority Bill 2025
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After earlier discussions on strengthening regional trade, President Asif Ali Zardari officially signed the Pakistan Land Port Authority Bill 2025 into law on Saturday. The…
Pakistani Banks Post Record Rs326bn Profit in H1 2025
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Pakistan’s banking sector has achieved an unprecedented milestone, posting the highest-ever half-year profit in history with a staggering Rs326 billion ($1.16 billion) net earnings during…
SBP Launches PESIA for Monitoring Overseas Equity Investments
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The State Bank of Pakistan (SBP) has rolled out the Performance Evaluation System for Investment Abroad (PESIA), a new online framework aimed at improving transparency…
SBP Issues 2025 List of Domestic Systemically Important Banks
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The State Bank of Pakistan (SBP) announced its list of Systemic Banks Pakistan for 2025 after reviewing bank data as of December 31, 2024. The…
Petrol Prices Likely to Drop in Early September
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After a previous report suggested that petrol prices were likely to rise, the latest estimates indicate that petroleum product prices in Pakistan are expected to…
Govt Proposes New Bankruptcy Law with One-Year Grace Period
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The government has introduced a new bankruptcy law under the recently approved Industrial Policy, offering debtors a one-year grace period to meet repayment obligations. The…
NEPRA Hints at Further Cut in Electricity Prices
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Electricity prices in Pakistan are expected to fall once again, as the National Electric Power Regulatory Authority (NEPRA) reviews a request from the Central Power…
Islamabad Airport Management to Be Handed Over to UAE
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The federal cabinet has approved a plan to transfer Islamabad Airport management to the United Arab Emirates (UAE) under a government-to-government (G2G) arrangement. The decision…
Toyota Indus Profitability Jumps to Rs23 Billion in FY2025
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Toyota Indus profitability showed strong growth in the fiscal year ending June 30, 2025, with the company posting a net profit after taxation of Rs23.01…
Pakistan’s Foreign Reserves Rise to $19.6 Billion
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Pakistan’s total liquid foreign exchange reserves increased by USD 47 million during the week ending August 22, 2025, bringing the country’s total reserves to USD…
CCP Imposes over Rs. 1 Billion in Penalties Since August 2023
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The Senate Standing Committee on Finance and Revenue on Monday reviewed the performance of the Competition Commission of Pakistan (CCP), with the regulator reporting penalties…
CCP Grants 85 Exemption Certificates to Key Industries in Pakistan
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The Competition Commission of Pakistan (CCP) has cleared its backlog of applications and granted 85 exemption certificates across multiple sectors since August 2023. According to…
