Pakistan Customs has recovered gold and luxury items worth approximately Rs. 58 million at Jinnah International Airport, Karachi. Officials confirmed that 1,185 grams of gold jewellery, along with a commercial quantity of cosmetics, perfumes, and designer handbags, were seized from a passenger arriving from the United States at the International Arrivals lounge. The Federal Board […]
Shahid Ali, a former UK solicitor representing ex-Pakistan cricketer Nasir Jamshed, has been fined £40,000 (approximately Rs. 1.54 crore) and ordered to pay £30,000 (around Rs. 1.15 crore) in legal costs following a ruling by the Solicitors Disciplinary Tribunal (SDT). The decision comes after Ali was found guilty of dishonesty and serious professional misconduct. 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 […]
In a move aimed at easing the process of government revenue collection, the State Bank of Pakistan (SBP) has announced extended working hours for commercial banks on Saturday, January 31, 2026. The decision has been taken to facilitate taxpayers who wish to make over-the-counter (OTC) payments of government duties and taxes before the deadline. According […]
An official inquiry report into the devastating Gul Plaza fire has revealed a series of safety failures and emergency response shortcomings that significantly worsened the tragedy. The 21-page report provides a detailed account of how negligence, poor preparedness, and inadequate firefighting resources contributed to the scale of the incident. According to the findings, the fire […]
President and CEO of Zarai Taraqiati Bank Limited (ZTBL), Mr. Tahir Yaqoob Bhatti, visited the National Database and Registration Authority (NADRA) headquarters in Islamabad on January 27, 2026. During the meeting, he met with NADRA Chairman Lt. Gen. Muhammad Munir Afsar, Hilal-i-Imtiaz (Military), to discuss collaborative initiatives aimed at enhancing digital banking services and financial […]
The Khyber Pakhtunkhwa government has formally bifurcated the historic and world-famous Swat district into two separate administrative units, Swat and Bar Swat, with immediate effect. The decision has been notified officially and marks a significant administrative change in one of Pakistan’s most prominent tourist regions. The move was approved during a provincial cabinet meeting held […]
Pakistan Railways is preparing to enter the international market by exporting railway coaches and freight wagons to five countries, marking a major step toward reviving the national rail sector and boosting foreign exchange earnings. Federal Minister for Railways Hanif Abbasi announced the development on Wednesday while speaking to Geo News, confirming that Pakistan Railways will […]
Pakistan Post is gearing up for a full digital transformation with the completion of its modernization initiative scheduled for January 2027. This move is part of a broader effort to bring the country’s postal services in line with international standards and enhance operational efficiency. The Ministry of Communications has launched the Automation of Post Office […]
pakistan’s foreign exchange reserves are projected to reach an all-time high by the end of December 2026, marking a significant milestone for the country’s financial stability and macroeconomic outlook. According to estimates shared by Topline Securities, reserves held by the State Bank of Pakistan (SBP) are expected to exceed $20.2 billion, reflecting improved external account […]
Global oil prices rose sharply on Friday following the seizure of a Russian oil tanker by French authorities in the Mediterranean Sea, intensifying supply concerns in the international energy market. The captured vessel, reportedly transporting crude from Russia, prompted immediate market reactions, with traders factoring in potential disruptions to global oil flows. Analysts say the […]
aik by BankIslami has taken a major step in advancing Pakistan’s digital payments ecosystem with the launch of aikPay, the country’s first Shariah-compliant Raast-enabled QR Payment Gateway. Built on the State Bank of Pakistan’s Raast infrastructure, aikPay enables real-time online payments through dynamic QR codes, offering a fast, secure, and fully digital checkout experience. The […]
Pakistan and Saudi Arabia have taken significant steps to strengthen their economic partnership as Finance Minister Muhammad Aurangzeb met with Saudi Minister of Investment Khalid Al-Falih on the sidelines of the 26th Annual World Economic Forum in Davos. The high-level discussion focused on expanding bilateral investment ties and exploring new opportunities for cooperation. Both ministers […]
Pakistan Customs Enforcement in Khyber Pakhtunkhwa has successfully confiscated smuggled goods and vehicles valued at Rs. 170 million during three separate anti-smuggling operations, officials reported on Wednesday. The operations were conducted by Anti-Smuggling Detachments (ASDs) in Nowshera, Dera Ismail Khan, and Hazara, targeting illegal trade, smuggling, and narcotics trafficking. Authorities emphasized that these efforts aim […]
Pakistan has recorded a significant rise in external borrowing during the first six months of the current fiscal year, receiving a total of Rs. 1,272 billion in foreign loans and grants. In dollar terms, this amounts to $4.5 billion, marking an increase of $904 million compared to $3.6 billion received during the same period last […]
In a significant legislative development, the National Assembly has approved a bill allowing members of parliament to keep their asset details confidential for up to one year on the basis of security concerns. The move amends the Elections Act 2017 and introduces a legal mechanism for lawmakers to seek temporary protection of sensitive financial information. […]
Prime Minister Shehbaz Sharif left Pakistan on Tuesday for Switzerland, leading a high-level delegation to participate in the World Economic Forum (WEF) 2026. The visit is aimed at strengthening Pakistan’s diplomatic ties and exploring new avenues for economic cooperation. The Prime Minister is accompanied by key officials, including the Deputy Prime Minister and Foreign Minister, […]
A principled agreement has been reached between the federal government and the Balochistan government to launch the much-anticipated Peoples Train Service in the province, marking a significant step toward improving regional connectivity and public transport infrastructure. The agreement was finalized during a joint meeting of Pakistan Railways and the Government of Balochistan, held under the […]
A Pakistan Air Force (PAF) contingent has arrived in Saudi Arabia to participate in the multinational aerial combat exercise Spears of Victory-2026. According to the Inter-Services Public Relations (ISPR), the contingent includes F-16 Block-52 fighter jets along with a full complement of air and ground crew. The team reached King Abdul-Aziz Air Base to take […]
The TAL Joint Venture has made a significant gas discovery at its exploratory well Bilitang-1 in Kohat, Khyber Pakhtunkhwa. The find, reported in the Lockhart Formation, was announced through a notification to the Pakistan Stock Exchange (PSX). Pakistan Petroleum Limited (PPL) confirmed that the discovery occurred in the partner-operated TAL Block, led by MOL Pakistan […]
