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Pakistan to Lead ECO Council of Ministers in 2026–27 Term
Pakistan has been elected to chair the Economic Cooperation Organization (ECO) Council of Ministers (COM) for the 2026–27 term. The announcement came during the 29th ECO Council of Ministers meeting, where Deputy Prime Minister and Foreign Minister Senator Ishaq Dar…
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UBL Becomes First Pakistani Bank to Hit Rs.1 Trillion Cap
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United Bank Limited (UBL) has achieved a historic milestone by becoming the first bank in Pakistan to cross Rs. 1 trillion in market capitalization at…
Paapam Warns IMF Trade Liberalisation Risks Auto Sector
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The Pakistan Association of Automotive Parts & Accessories Manufacturers (Paapam) has warned that the IMF’s push for trade liberalisation, including tariff cuts and commercial imports…
IMF Seeks Briefing on $7.7bn Reko Diq Mining Project
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The International Monetary Fund (IMF) has requested a detailed briefing on Pakistan’s $7.7 billion Reko Diq mining project as the country moves closer to financial…
FBR to Launch Online Auction for Seized Vehicles
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The Federal Board of Revenue (FBR) has announced the launch of an online e-auction system for non-customs paid vehicles, aimed at bringing transparency, efficiency, and…
FBR Busts Rs384m Scam Involving PlayStations and Macs
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The Federal Board of Revenue (FBR) has exposed a Rs384 million duty and tax evasion scam at Karachi Airport, seizing high-value electronics, including PlayStations and…
Pakistan and UAE Agree to Boost Rail Modernisation
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Pakistan and the United Arab Emirates (UAE) have agreed to enhance cooperation on rail modernisation and regional connectivity, according to the Press Information Department (PID).…
Roosevelt Hotel NYC Gets ECC Banking for Urgent Financial Support
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The Economic Coordination Committee (ECC) has expressed support for providing urgent financial assistance to Pakistan’s Roosevelt Hotel in New York, a landmark property facing challenges…
ECC Approves Rs. 24B Grants for Defence & Law and Order
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The Economic Coordination Committee (ECC) of the Cabinet, chaired by Federal Finance Minister Senator Muhammad Aurangzeb, has approved supplementary grants worth Rs. 24 billion to…
ECC Greenlights Amendments to B2B Barter Trade with Afghanistan, Iran, and Russia
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The Economic Coordination Committee (ECC) of the Cabinet, chaired by Finance Minister Senator Muhammad Aurangzeb, has approved key amendments to the Business-to-Business (B2B) Barter Trade…
Pakistan’s Trade Deficit Soars 46% in September 2025
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Pakistan’s trade deficit widened sharply in September 2025, hitting US$3.3 billion, a 46% year-on-year increase, raising fresh concerns for the economy. According to data from…
CCP Approves Systems Limited’s Acquisition of BAT SAA Services
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The Competition Commission of Pakistan (CCP) has approved the proposed acquisition of SAA Services (Private) Limited by Systems Limited from the British American Tobacco International…
Trump Admin Ends Clean Energy Projects, Freezes Billions in New York
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The Trump administration has announced the termination of dozens of clean energy projects and frozen billions in funding for major New York infrastructure initiatives, escalating…
ECB Selects AI Firm to Tackle Digital Euro Fraud Risks
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The European Central Bank (ECB) has chosen Portuguese artificial intelligence firm Feedzai to design fraud detection systems for its upcoming digital euro, marking a major…
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