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Punjab Announces New Industrial Estate Near Ring Road to Boost Manufacturing
Punjab is set to expand its industrial footprint as the provincial government prepares to establish a new industrial estate near the Rawalpindi Ring Road, a move aimed at meeting rising demand from investors and strengthening the province’s manufacturing base. The…
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Samba Bank Gets SBP’s Green Light to Become a Full Islamic Bank
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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…
Barq: Saudi Fintech Gets SBP Approval to Launch EMI in Pakistan
2 min read
Saudi Arabian fintech giant barq has secured In-Principle Approval (IPA) from the State Bank of Pakistan (SBP) to set up an Electronic Money Institution (EMI)…
Pakistan’s Economy Gains Momentum as SBP Reports Lowest Fiscal Deficit in 9 Years
2 min read
Pakistan’s economy is showing clear signs of recovery and stability, with the State Bank of Pakistan (SBP) confirming that the fiscal deficit has fallen to…
Gold Prices Hit Record High in Pakistan Amid Global Bullion Rally
2 min read
Gold prices in Pakistan soared to an all-time high on Thursday as global bullion rates continued their upward momentum. According to the All-Pakistan Gems and…
Pakistan’s Inflation May Exceed Target Range in FY26 Amid Rising Food and Energy Costs: SBP
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Pakistan’s central bank has warned that inflation may surpass its medium-term target of 5%–7% in the latter half of FY2025-26, driven by flood-induced food shortages…
Aljomaih Power Denies K-Electric Stake Sale, Reignites Long-Standing Feud
2 min read
In a major twist to Karachi’s power sector saga, Aljomaih Power Limited (AJP) has denied reports of selling its controlling stake in K-Electric’s parent company,…
ECNEC Approves Rs380 Billion Worth of Projects for National Growth
2 min read
The Executive Committee of the National Economic Council (ECNEC) has approved 12 major development projects worth over Rs380 billion, focusing on agriculture, education, health, infrastructure,…
SBP Seeks Resolution as Roosevelt Hotel Debt Issue Worsens
2 min read
The State Bank of Pakistan (SBP) has raised concerns over the delay in repayment of a National Bank of Pakistan (NBP) loan linked to the…
IMF Predicts Pakistan’s Net Debt to Rise to 65.7% of GDP in 2026
2 min read
The International Monetary Fund (IMF) has projected that Pakistan’s government net debt will increase slightly from 65.3% of GDP in 2025 to 65.7% in 2026,…
Pakistan’s Exports Plunge in Q3 as Textile Crisis Deepens
3 min read
According to Pakistan Textile Council (PTC), Pakistan’s exports engine is sputtering. In the July–September 2025 quarter (Q3), total exports dropped to $7.62 billion, down 3.4%…
Pakistan’s Mobile Phone Imports Double in Q1 Fiscal Year 2025-26
2 min read
According to PTA, Pakistan’s mobile phone imports have surged over 103 percent year-on-year in the first quarter (July–September) of the current fiscal year, reaching $500.011…
Over 100 Pakistan’s IT Firms Join Saudi Arabia’s Digital Economy
2 min read
More than 100 Pakistan’s IT companies have officially registered in Saudi Arabia. This marks a major step in the deepening of digital and trade relations…
Government Announces Massive Reduction in Petroleum Prices
2 min read
In a significant relief to the general public, the federal government has announced a reduction in the prices of petroleum products across the country. According…
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