Pakistan’s Renewable Energy Surge Unlocks Climate Finance Opportunities
Pakistan is witnessing a remarkable expansion in its renewable energy sector, particularly in solar power adoption. This growth presents a…
Category: Economy
Saudi-Based Pakistani Expats Commit to Boosting Investments in Homeland
The Pakistani expatriate community in Saudi Arabia has recently pledged to enhance their support for Pakistan’s economic development by increasing…
IESCO Significantly Increases Meter Installation Fees
Consumers under the Islamabad Electric Supply Company (IESCO) will now have to pay substantially higher fees for new meter installations,…
Government Announces Reduction in Petrol and Diesel Prices
The federal government has announced a reduction in petrol and diesel prices for the next fortnight, offering relief to consumers…
PIA Set to Resume Direct Flights to the United States
Pakistan International Airlines (PIA) is preparing to restart direct flights to the United States, a move that could mark a…
Meezan Bank Achieves Record-Breaking Profit in 2024
Meezan Bank (MEBL) has reported an all-time high profit of Rs. 101.5 billion for the year 2024, reflecting a 20%…
IMF Delegation Commends Pakistan’s Judicial Reforms in Meeting with Chief Justice
A delegation from the International Monetary Fund (IMF) met with Chief Justice of Pakistan Yahya Afridi to discuss ongoing judicial…
Pakistan and Turkey Strengthen Ties with 24 New Agreements
Islamabad, February 13, 2025 — In a significant move to bolster bilateral relations, Pakistan and Turkey have signed 24 Memorandums…
FBR Chairman Announces Relief for Buyers Seeking Affordable Cars
Islamabad, February 12, 2025 – In a positive development for car buyers, Federal Board of Revenue (FBR) Chairman has announced…
FBR Revises Property Valuation Rates in Karachi to Reflect Market Trends
Karachi, February 12, 2025 – The Federal Board of Revenue (FBR) has revised property valuation rates across various localities in…
Government Initiates Probe into PIA’s Financial Losses Stemming from Pilot License Controversy
Islamabad, February 12, 2025 — The federal government has established a seven-member inquiry committee to investigate the financial repercussions faced…
Pakistan’s Economic Recovery Gains Momentum with MSCI’s Inclusion of 5 More PSX Companies
Karachi, February 12, 2025 — In a significant development for Pakistan’s financial markets, five additional companies from the Pakistan Stock…
IMF to Reveal Bailout Review Date After Breakthrough in Sindh Agriculture Tax Law
Key Development in Bailout Talks After prolonged discussions, the International Monetary Fund (IMF) is set to announce a date for…
Germany Visa 2025: New Bank Statement Rule, Eligibility & Key Updates
Pakistani travelers planning to visit Germany in 2025 must adhere to the latest financial requirements for obtaining a Schengen visa.…
Overseas Pakistanis Oppose Property Transactions in US Dollars
Real Estate Investors Demand Clarity Overseas Pakistanis have voiced strong opposition to the recent decision requiring property transactions in Islamabad’s…
Government Raises Petrol Prices for the Third Time in Just Over a Month
Consumers Face Continued Fuel Price Hikes The federal government has announced an increase in petrol and diesel prices for the…
Pakistan Stock Exchange Surges Over 1,000 Points to Conclude the Week
Market Rebounds with Significant Gains The Pakistan Stock Exchange (PSX) experienced a robust rally on Friday, with the benchmark KSE-100…
Pakistan Optimistic on Resumption of US Aid After Trump Orders 90-Day Halt
US Aid to Pakistan: The 90-Day Suspension In a recent development, the United States has ordered a temporary halt to…
China’s ADM Group to Establish 3,000 EV Charging Stations in Pakistan
A Chinese firm, ADM Group, has announced an ambitious plan to install 3,000 electric vehicle (EV) charging stations across Pakistan,…