Business
Pakistan Announces First-Ever National Women Entrepreneurship Policy to Boost Female-Led Business
Pakistan will launch its first National Women Entrepreneurship Policy to catalyse financing access and accelerate growth for women entrepreneurs across the country. The government announced the policy on November 20, 2025, alongside targets including raising women’s employment to 5% (from…
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Is PayPal ‘Finally’ Coming to Pakistan?
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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
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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
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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
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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
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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
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ISLAMABAD: Pakistan mobile phone imports totaled $868.551 million in the first seven months (July-January) of the fiscal year 2024-25, marking a 12.04% decline compared to…
Shareholders Approve Silkbank-UBL Merger, Awaiting Final Approval
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The merger between Silkbank Limited and United Bank Limited (UBL) has been legally accepted by the shareholders of both banks under the Scheme of Amalgamation.…
Pakistan’s IT Export Remittances See 26% Growth in FY 2024-25
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ISLAMABAD: Pakistan’s information technology (IT) and IT-enabled services (ITeS) exports, including computer and call center services, have registered a 26% growth during the first seven…
National Foods Closes Sharjah Subsidiary
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National Foods Limited has announced that its Dubai-based subsidiary, National Foods DMCC, has successfully completed the liquidation and closure of its Sharjah-registered subsidiary, National Foods…
NETSOL Technologies Pakistan Reports 79% Decline in H1 2024 Net Profit
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NETSOL Technologies Pakistan has announced a significant 79% decrease in net profit for the first half of 2024, with after-tax earnings falling to Rs169.51 million.…
Multi-Billion-Rupee Solar Panel Import Scam Involves Famous Pakistani Banks
4 min read
The Senate Finance Subcommittee, chaired by Senator Mohsin Aziz, convened on Thursday to discuss the ongoing investigation into the solar panel import over-invoicing. The committee…
HBL Microfinance Bank and IFC Sign US$ 80 Million Risk Sharing Agreement
3 min read
Karachi: HBL Microfinance Bank (HBL MfB) has signed a US$ 80 million Risk Sharing Agreement (RSA or the facility) with the International Finance Corporation (IFC),…
SECP Introduces New Compliance Rules for Non-Banking Microfinance Companies
2 min read
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has introduced a set of mandatory requirements for non-banking microfinance companies (NBMFCs) to enhance consumer protection,…
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