Business
Govt Raises PKR 2.25 Trillion Through Ijarah Sukuk Since December 2023
ISLAMABAD: The Securities & Exchange Commission of Pakistan has helped the DMO in conducting 18 auctions and raising a gross amount of PKR 2.25 trillion…
NA Body Reviews PIACL Privatization, PECO’s Future
ISLAMABAD: The National Assembly Standing Committee on Privatization reviewed the expenditures incurred in the privatization of Pakistan International Airlines Corporation Limited (PIACL) during its 7th…
Pakistan Banking Summit 2025: Finance Minister Calls for Resilient and Export-Driven Economy
Islamabad: Federal Finance Minister, Senator Muhammad Aurangzeb, reiterating the government’s determination to structural reforms for paving a foundation of resilient economy and sustainable growth, on…
SBP Introduces Raast Participation Criteria for Seamless Digital Payments
KARACHI: The State Bank of Pakistan (SBP) has issued the Raast Participation Criteria to enable various entities to join the Raast instant payment system, as…
Is PayPal ‘Finally’ Coming to Pakistan?
Islamabad: The State Bank of Pakistan (SBP) has expressed its willingness to facilitate PayPal’s potential entry into Pakistan, aligning with ongoing efforts led by the…
Shell Pakistan’s Profit Falls to Rs3.3bn Amid Wafi Energy Acquisition
ISLAMABAD: Shell Pakistan Limited (PSX: SHEL), now rebranded as Wafi Energy Pakistan Limited (WEPL), has reported a sharp decline in its annual profitability, with profit…
IT Export Misreporting: Lawmakers Allege Tax Evasion by Textile Exporters
ISLAMABAD: Lawmakers have raised concerns over IT export misreporting, alleging that textile exporters are falsely declaring their shipments as IT exports to take advantage of…
Pakistan Explores Regulatory Framework for Digital Currencies, Says PM Shehbaz
Prime Minister Muhammad Shehbaz Sharif presided over a pivotal meeting of the Economic Advisory Council on Wednesday, where council members reaffirmed their trust in the…
Senate Committee Debates Money Bill Status, Calls for Law Ministry’s Clarification
Islamabad: The Senate Standing Committee on Finance and Revenue convened under the chairmanship of Senator Saleem Mandviwalla here at the Parliament House, addressing critical financial…
Pakistan’s Mobile Phone Imports Decline 12.04% in FY 2024-25
ISLAMABAD: Pakistan mobile phone imports totaled $868.551 million in the first seven months (July-January) of the fiscal year 2024-25, marking a 12.04% decline compared to…
Shareholders Approve Silkbank-UBL Merger, Awaiting Final Approval
The merger between Silkbank Limited and United Bank Limited (UBL) has been legally accepted by the shareholders of both banks under the Scheme of Amalgamation.…
Pakistan’s IT Export Remittances See 26% Growth in FY 2024-25
ISLAMABAD: Pakistan’s information technology (IT) and IT-enabled services (ITeS) exports, including computer and call center services, have registered a 26% growth during the first seven…

