Pakistan has recorded its strongest monthly net foreign inflows into sovereign bonds in nearly two years, signaling renewed investor interest in the country’s debt market. According to a report by Bloomberg, January saw a significant turnaround compared to the same period last year. Net inflows into government bonds reached $176 million in January, marking the […]
Pakistan’s state-owned enterprises (SOEs) recorded combined losses of Rs. 832.8 billion in fiscal year 2024-25, according to a fresh report issued by the Ministry of Finance. Although the figures reflect a slight 2 percent improvement compared to the previous fiscal year, the overall financial burden remains substantial. The latest data underscores persistent structural challenges within […]
The future of the Reko Diq copper-gold project in Balochistan is under scrutiny as Barrick Gold Corporation reassesses its budget and timeline due to ongoing security concerns, Reuters reports. To date, Barrick has invested $849 million in the project, including $721 million in 2025, against a Phase 1 capital budget of approximately $6 billion. The […]
The Pakistan Airports Authority (PAA) has completed preparations to facilitate the launch of two new Pakistani airlines — one passenger carrier and one cargo operator — signaling renewed activity in the country’s aviation sector. According to airport sources, a new passenger airline named Karachi Air has finalized plans to lease aircraft and is expected to […]
The Federal Authority for Government Human Resources (FAHR) has announced the official working hours for federal ministries and entities across the UAE during the holy month of Ramadan. According to the authority, government offices will operate from 9:00 am to 2:30 pm, Monday to Thursday, while Friday working hours will be from 9:00 am to […]
Pakistan’s Federal Board of Revenue (FBR) has introduced a significant reform aimed at strengthening tax compliance in the rapidly expanding e-commerce sector. Under the new framework, sales tax on goods ordered through digital platforms will now be withheld at source, ensuring more efficient and transparent tax collection. The move places the responsibility of tax deduction […]
The district administration has imposed an immediate ban on tourist entry into Galiyat, Abbottabad, following landslides and traffic disruptions caused by recent snowfall on Murree Road. Authorities have restricted tourist movement from Harno and Barian toward Galiyat as a safety precaution, after reports of snow accumulation and landslides in the area. The measure aims to […]
The Council of Islamic Ideology (CII) has announced the official rates for Fitrana (Sadaqatul-Fitr) and Fidyah for Ramadan 2026, providing guidance to Muslims across Pakistan on fulfilling their religious obligations during the holy month. CII Chairperson Allama Dr. Muhammad Raghib Hussain Naeemi stated that the minimum amount for both Fitrana and Fidyah has been set […]
The Constitutional Bench of the Sindh High Court has directed the immediate closure and dismantling of an illegal food street operating on a service road in Karachi’s Korangi area. The decision comes in response to concerns over public safety, traffic congestion, and unauthorized commercial activity. Authorities have been instructed to take swift action to remove […]
Kuwait has officially introduced significant updates to its residency regulations, marking an important shift in the country’s immigration framework. The reforms, announced by the Ministry of Interior, are aimed at streamlining procedures, improving regulatory clarity, and bringing various residency categories under a more unified system. The new residency rules directly impact expatriates living in Kuwait […]
Sialkot Stallionz have officially signed a sponsorship agreement with global sportswear brand New Balance, naming the company as the franchise’s exclusive apparel partner for the 2026 Pakistan Super League season (PSL 11). The partnership comes ahead of the team’s debut campaign and marks a significant commercial milestone for the Sialkot-based franchise. Under the agreement, New […]
Residents of Lahore have received welcome news ahead of Basant, as the Lahore Electric Supply Company (LESCO) has officially announced that there will be no electricity loadshedding during the festive celebrations. The assurance comes as part of special arrangements aimed at maintaining uninterrupted power while ensuring public safety across the city. According to senior officials, […]
Gold prices in Pakistan experienced another significant increase on Wednesday, following strong gains in the international market. Investors and buyers observed sharp rises in both per tola and per gram rates, continuing a trend of upward movement over the past several days. In the local market, the price of gold per tola climbed by Rs. […]
Quetta Gladiators have officially disclosed the retention amounts for their protected players ahead of the Pakistan Super League 2026 auction, offering early insight into the franchise’s strategy for PSL 11. The announcement has generated interest among fans and analysts, as teams begin shaping their squads for the upcoming season. The franchise confirmed that four players […]
Pakistan’s Federal Investigation Agency has dismantled a dangerous human trafficking network that was exploiting young Pakistanis by luring them to Cambodia under the guise of lucrative overseas jobs. The arrests mark a significant step in the country’s ongoing efforts to combat transnational crime and protect vulnerable citizens from organized exploitation. According to senior FIA officials, […]
The Pakistani rupee (PKR) continued its modest upward trend against the US Dollar (USD), closing in green for the 93rd consecutive trading day on Tuesday. Despite the streak, the currency posted losses against most other major international currencies during the session. The PKR closed at 279.75, marking a gain of just one paisa against the […]
The Government of Pakistan has announced plans to send 800,000 Pakistani nationals overseas for employment, with a focus on enhancing skills and employability. The initiative aims to strengthen the country’s workforce while boosting remittances from overseas Pakistanis. Minister for Overseas Pakistanis Chaudhry Salik Hussain highlighted the importance of establishing reputable training institutions to prepare workers […]
During a meeting of the Senate Standing Committee on Commerce on Monday, lawmakers expressed optimism that the State Bank of Pakistan (SBP) could lower its policy rate to single digits by June 2026. Members highlighted that persistently high interest rates have significantly restricted business activity and limited access to financing for the private sector. Federal […]
President of Kazakhstan, Kassym-Jomart Tokayev, is set to arrive in Islamabad tomorrow on his first official visit to Pakistan, marking a new chapter in bilateral relations between the two countries. The visit underscores both nations’ commitment to strengthening diplomatic, economic, and regional cooperation. According to the Foreign Office, President Tokayev is visiting Pakistan at the […]
Gold prices in Pakistan saw a significant drop on Friday, following a record high just a day earlier, highlighting continued volatility in the bullion market. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold per tola fell by Rs. 35,500, settling at Rs. 537,362. Meanwhile, 10 grams of gold declined […]
