Finance
Mashreq Bank Unveils Pakistan’s First Current Account With up to 5% Profit
Mashreq Bank Pakistan is ramping up its digital banking ambitions with a new push to capture workers’ remittances and reshape how current accounts work in the country. The digital bank, one of only two operating in Pakistan, has introduced profit…
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Cement Sector Earnings Jump 55pc in 1QFY26
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Pakistan’s cement sector delivered a strong opening to fiscal year 2026, with combined earnings rising 55 percent year over year and 20 percent quarter over…
Supernet Profit Rises 27pc in 1QFY26
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Supernet Limited profit posted a notable rise in the first quarter of FY26, with the company recording higher earnings on the back of improved margins,…
Pakistan’s Wealthiest 10pc Hold 42pc of National Income
4 min read
A new Oxfam assessment has revealed that in Pakistan, the richest 10 per cent hold 42pc of the national income, a share lower than many…
SBP Plans Major Push for Financial Literacy in Pakistan by FY2028
2 min read
The State Bank of Pakistan (SBP) has announced an ambitious plan to strengthen financial literacy in Pakistan by reaching 10 million people by the close…
SBP Calls for Collaboration to Speed Up Islamic and Digital Banking
3 min read
Pakistan’s central bank is calling for a united push to fast-track the country’s shift toward Islamic and digital banking. Senior officials from the State Bank…
Pakistan’s Remittances Rise 11.3pc YoY in September
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Pakistan’s remittances rise 11.3 percent year-on-year in September 2025, even as the country recorded a sharp 55.5 percent decline in foreign direct investment (FDI), according…
World Bank Sees Pakistan Economy Growth at 3pc in FY26
2 min read
The World Bank report on Pakistan’s economy revealed that the country’s GDP expanded by 3% during the fiscal year 2025 (FY25), up from 2.6% the…
State Bank Keeps Interest Rate Unchanged
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The State Bank of Pakistan on Monday announced its decision to keep the interest rate unchanged at 11 percent. The Monetary Policy Committee decided to…
TPL Trakker Reports 43% Drop in Annual Turnover
2 min read
TPL Trakker Limited, a telematics and Internet-of-Things (IoT) company based in Karachi, has reported a sharp 43% decline in turnover for the financial year ended…
K-Electric, NEPRA Clash Over Tariff Cut and Financial Impact: What is it All About?
5 min read
The National Electric Power Regulatory Authority (NEPRA) has decided to reduce K-Electric’s average tariff by Rs 7.6 per unit, bringing it down from Rs 39.97…
PAF to Take Over PIA Subsidiary Under Restructuring Plan
2 min read
The PIA Holding Company Limited (PIAHCL) has approved the transfer of its subsidiary, Precision Engineering Complex (PEC), to a new entity owned by the Pakistan…
Sindh CM Orders Probe Into KDA Rs11.33bn Development Contracts
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Sindh Chief Minister Murad Ali Shah has ordered a high-level inquiry into alleged irregularities in KDA Rs11.33 billion development contracts that were reportedly awarded without…
Gold and Silver Prices in Pakistan Today, 26th October, 2025
3 min read
As of October 26, 2025, Sunday, gold and silver prices in Pakistan’s leading bullion hubs, including Karachi’s Sarafa Bazaar, are Rs433,662 and Rs5,124, respectively. Local…
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