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Allied Bank Profit Down 21% YoY in 1HCY25
Allied Bank Limited (ABL) has reported a significant decline in profitability for the first half of 2025, as highlighted in the latest Allied Bank Result…
Pakistan-Qatar LNG Deal Likely to Be Renegotiated
Pakistan has decided to seek renegotiation of its LNG deal with Qatar after industrial slowdown and lower power demand left the country with more than…
Punjab Govt Reinstates Old Pension Rules for Widows and Daughters
In a major relief measure, the Punjab government has reinstated the old pension rules, allowing widows and unmarried daughters of deceased government employees to receive…
ECC Greenlights Rs3.5bn to Boost Raast QR Adoption
Islamabad: The Economic Coordination Committee (ECC) of the Cabinet approved a set of measures to speed up digital payments and to support people hit by…
KAPCO Attock Cement Acquisition Moves Forward with Binding Offer
Marking a key development in the KAPCO Attock Cement acquisition, Kot Addu Power Company Limited (PSX: KAPCO) has submitted a binding offer to Pharaon Investment…
Pakistan Iran Agriculture Trade Target Set at $3 Billion in Two Years
Islamabad and Tehran have agreed to expand Pakistan Iran agriculture trade to $3 billion within the next two years, following a high-level ministerial meeting in…
Pakistan Sets Up $1 Billion Panda Bond Program in China
Pakistan has established a $1 billion Panda Bond program in China, marking a key step in diversifying the country’s external financing portfolio. The move is…
Pakistan’s Forex Reserves Rise to $19.5 Billion, SBP Reports $11 Million Boost
Pakistan’s foreign exchange reserves inched upward again, rising by $11 million during the week ending August 8, according to the State Bank of Pakistan (SBP).…
Government Fast-Tracks Social Initiatives to Boost Skills, Support Farmers, and Promote Energy Efficiency
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, today chaired three back-to-back meetings to review the progress of work on major government initiatives scheduled…
IMF Delegation Visit to Pakistan Set for Next Economic Review
The federal government has confirmed that an IMF delegation visit to Pakistan is scheduled for the upcoming economic review, with preparations now finalized. Federal Finance…
SECP Updates Public Offering Regulations
The Securities and Exchange Commission of Pakistan (SECP) has announced final amendments to the Public Offering Regulations, aimed at streamlining IPO processes, boosting transparency, and…
Audit Finds Five Countries Owe Pakistan Over Rs86 Billion
Pakistan is still waiting to recover more than Rs86 billion from five countries that have defaulted on payments for decades, official audit documents reveal. These…
