Finance
ADB Approves $330 Million Loan to Strengthen Pakistan’s Power Grid
The Asian Development Bank has approved $330 million in financing for Pakistan’s Second Power Transmission Strengthening Project, a key government initiative aimed at expanding the national grid and enabling low-cost renewable and hydropower delivery to major load centers. The project…
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NA Panel Orders Probe into Past Sugar Export Approvals
2 min read
The National Assembly Standing Committee on Commerce has ordered a detailed investigation into past sugar export approvals that were allegedly made against the national interest.…
Pakistan Railways ML-1 Project Secures CDWP Approval
2 min read
The Central Development Working Party (CDWP) has approved 12 development projects worth Rs35.4 billion, including a major upgrade for Pakistan Railways’ ML-1 line, and referred…
Pakistan Faces $11 Billion Import Data Discrepancy
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A major import data discrepancy has raised concerns after the Pakistan Bureau of Statistics (PBS) reported a difference of $11 billion over the past two…
SBP and IFC Partner to Boost Local Currency Financing
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The State Bank of Pakistan (SBP) has signed an agreement with the International Finance Corporation (IFC) to strengthen local currency financing and encourage private sector…
Gold Prices in Pakistan Plunge After Record Surge
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Gold prices in Pakistan dropped sharply on Sunday as both domestic and international markets experienced a significant correction. According to the All Pakistan Sarafa Gems…
Flood Damage in Pakistan Estimated at Rs822 Billion
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Federal Minister for Planning and Development Ahsan Iqbal announced that the recent floods in Pakistan have caused an estimated Rs822 billion ($2.9 billion) in damages,…
Cabinet Approves Sale of First Women Bank to UAE Investor
3 min read
The federal cabinet has approved the sale of First Women Bank to a UAE investor for $14.6 million (Rs4.1 billion), marking the first privatization under…
SBP Injects Over Rs. 9.9 Trillion into Money Market at 11.01% Rate
2 min read
The State Bank of Pakistan (SBP) conducted a major Reverse Repo (Injection) Open Market Operation (OMO) on October 17, 2025, injecting Rs. 9.94 trillion into…
SBP Injects Rs. 400Bn: Shariah-Compliant Mudarabah-Based OMO
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The State Bank of Pakistan (SBP) has injected Rs. 400 billion into the banking system through a Shariah-compliant Mudarabah-based Open Market Operation (OMO). The short-term…
Gold Prices Hit Historic Peak in Pakistan
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Gold prices in Pakistan hit a new record high on Friday, tracking the sharp gains seen in the international bullion market. In the local market,…
Pakistan’s Trade Deficit Jumps 34% in Latest Quarter
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Pakistan’s trade deficit has jumped 34% in the latest quarter due to a drop in exports and a significant rise in imports, raising concerns about…
Samba Bank Gets SBP’s Green Light to Become a Full Islamic Bank
2 min read
Samba Bank Limited has received in-principle approval from the State Bank of Pakistan (SBP) to convert into a full Islamic bank. This marks a major…
Blue-Ex Limited Applies for Migration to PSX Main Board
2 min read
Blue-Ex Limited, currently listed on the Growth Enterprise Market (GEM) Board of the Pakistan Stock Exchange (PSX), has officially applied for migration to the Main…
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