Muhammadi Exchange Company’s FX License Revoked by State Bank of Pakistan

By Usama Asghar ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The State Bank of Pakistan (SBP) has revoked the authorization of M/s Muhammadi Exchange Company (Pvt.) Ltd. to operate in the foreign exchange business, effective…

Pakistan Floods 2025 Cause $2.9B Economic Loss

By Sabica Tahira ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Pakistan’s economy has suffered an estimated loss of $2.9 billion (Rs. 822 billion) due to the devastating 2025 floods, according to Federal Minister for Planning…

Pakistan’s Manufacturing Sector Sees Modest Annual Growth, Monthly Decline in August

By Usama Asghar ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Pakistan’s Large Scale Manufacturing Industries (LSMI) output rose by 0.54% in August 2025 compared with August 2024, but saw a 2.75% decline month-over-month from July…

Flood Damage in Pakistan Estimated at Rs822 Billion

By Manik Aftab ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

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,…

Gold Rally Lifts Pakistan’s Reserves to Near Record Highs

By Sabica Tahira ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Pakistan’s foreign reserves have surged close to record highs, driven by the global gold rally that has strengthened the country’s external position. According to data…

Cabinet Approves Sale of First Women Bank to UAE Investor

By Manik Aftab ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 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…

Auto Loans in Pakistan Hit Rs305 Billion Amid Rising Demand

By Sabica Tahira ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Pakistan’s auto financing sector continues its upward trend, with auto loans reaching Rs305 billion by September, up from Rs294 billion in August, according to the…

SBP Injects Over Rs. 9.9 Trillion into Money Market at 11.01% Rate

By Muhammad Haaris ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 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

By Muhammad Haaris ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

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

By Manik Aftab ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

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,…

Govt Weighs Solar and Internet Taxes to Meet IMF Revenue Conditions

By Manik Aftab ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The government is considering new taxes on solar panels and internet services in consultation with the International Monetary Fund (IMF) to meet revenue targets if…

Pakistan’s Trade Deficit Jumps 34% in Latest Quarter

By Manik Aftab ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

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…

Unexpectedly, PSO Leans Heavily on Fintech: The Full Story of Payvay, Partnerships & Risks

By Abdul Wasay ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 5 min read

Pakistan State Oil (PSO), the country’s largest oil marketing company, is undergoing one of the boldest strategic pivots in its history. After quietly dissolving its…

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