Business
Dubai’s Mashreq Launches Pakistan’s First Islamic-Focused Digital Bank
Dubai-based Mashreq has officially launched Mashreq NEO in Pakistan, marking the country’s first fully Islamic-focused digital banking platform. The move aims to offer Shariah-compliant current and savings accounts with competitive profit rates, targeting salaried professionals, freelancers, women entrepreneurs, and Non-Resident…
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Nvidia Shares Hit Record as Insiders Sell Over $1 Billion
Nvidia shares soared to new record highs this month, driven by intense investor enthusiasm for artificial intelligence, even as company insiders sold more than $1…
Govt Eyes $50 Billion Target to Increase Remittances to Pakistan
ISLAMABAD: In a strategic push to increase remittances to Pakistan, top officials have begun formulating plans to encourage overseas Pakistanis to use official channels, aiming…
PTV Fee Waiver in Electricity Bills Likely to Offer Relief
KARACHI: In a development that could bring significant electricity bill relief in Pakistan, Prime Minister Shehbaz Sharif is expected to announce a proposal to scrap…
Meezan Bank Achieves Historic $2 Billion Market Cap Milestone
Meezan Bank has officially crossed a $2 billion market capitalization milestone on the Pakistan Stock Exchange, as announced by Topline Securities CEO Sohail Mohammed. This achievement…
Philip Morris Delisting Approved at Rs1,300 Per Share, PSX Confirms
The Philip Morris delisting process from the Pakistan Stock Exchange (PSX) is moving forward after its majority shareholder, Philip Morris Investments B.V., accepted the PSX-determined…
The Secret PIA Jack Pot? Govt Targets $100M from Roosevelt Hotel Sale
The Government of Pakistan is aiming to generate at least $100 million from the sale of the Roosevelt Hotel in New York during the 2025–26…
Businesses Warn of Fallout from Sindh Minimum Wage Hike and New Taxes
Strong opposition is mounting over the proposed Sindh minimum wage hike and tax measures in the Finance Bill 2025-26, as Karachi’s business community warns of…
SBP Foreign Exchange Reserves Decline by $2.65 Billion in One Week
The SBP foreign exchange reserves witnessed a sharp decline of $2.65 billion in a single week, dropping to $9.06 billion as of June 20, 2025,…
Govt Exempts Income Tax on Rs1.2 Million Annual Salary
The federal government has agreed to exempt income tax on annual salaries up to Rs1.2 million, following demands made by the Pakistan Peoples Party (PPP)…
Is PayPal Really Available in Pakistan? False Rumors Debunked! Here’s What You Need to Know
A recent announcement by Pakistan’s Special Investment Facilitation Council (SIFC) claims the enablement of PayPal in Pakistan as part of a trial initiative aimed at…
Fact Check: Has SBP Issued a New Rs1,000 Currency Note?
A fact check has revealed that the viral Rs1,000 currency note circulating on social media is fake, as confirmed by the State Bank of Pakistan…
Bykea Shocks the Market with new Payment Feature
Ride-hailing and delivery platform Bykea has announced the rollout of digital payments for rides, allowing passengers to pay through Easypaisa, JazzCash, and online bank transfers,…
Punjab to Begin Garbage Tax Collection from July (Rates & Date Confirmed)
The Punjab government is set to begin garbage tax collection from both urban and rural areas starting July 1, 2025, under the Rs200 billion Suthra…

