TikTok Sale Blocked Amid Rising Trade Tensions
The proposed sale of TikTok’s U.S. operations have been paused after the Chinese government signaled it would not approve the deal. The decision follows Donald...
Govt Cuts Electricity Tariffs, Hikes Fuel Levy
The government has decided to reduce electricity tariffs by Rs7.41 per unit. To fund this, it will collect an extra Rs58 billion by increasing the Petroleum...
US Official Heads to Pakistan For Crucial Talks
Senior U.S. official Eric Meyer is landing in Islamabad from April 8–10, leading a multi-agency team to talk business, minerals, and security. His visit lines...
Pakistan Hosts Second IMF Diagnostic Mission
International Monetary Fund has launched its second Corruption and Governance Diagnostic Mission to Pakistan. This mission runs until April 14 and includes meetings...
JS Bank and Al Ansari Expand Remittances
JS Bank and Al Ansari Exchange have strengthened their partnership to improve cross-border remittance services between the UAE and Pakistan. As the largest remittance...
Thatta Cement Powers Ahead with Wind Energy
Thatta Cement has commissioned a 4.8MW wind power plant, boosting its total renewable energy capacity to 9.8MW. This move reflects the company’s commitment to...
Pakistan’s Digital Leap: Rs. 20B Aid Program
Federal Minister for Information Technology and Telecommunications, Shaza Khawaja, has unveiled a groundbreaking initiative aimed at fostering an inclusive digital...
US Tariff Creates Risks and Opportunities for Pakistan
Analysts say the impact of Trump’s 29% tariff on Pakistani exports is a mixed bag. While rivals like China, Vietnam, and Bangladesh got struck with harsher...
Pakistan Invites Space Experiments for Chinese Mission
Pakistan is looking to step into space, literally, as the Pakistan Space and Upper Atmosphere Research Comission (SUPARCO) announces that its first-ever astronaut...
BankIslami Launches Instant Cheque Encashment Service
BankIslami Pakistan Limited, a leading Islamic financial institution in Pakistan, has launched the country’s first-ever cheque encashment service through Cash...
Neem Strengthens Wage Access with BOP Partnership
On March 28, 2025, Neem, a leading embedded finance platform in Pakistan, announced a strategic partnership with The Bank of Punjab (BOP) to enhance embedded finance...
TPL Properties Finds Gas Pocket in Karachi
TPL Properties has uncovered an underground gas pocket during an initial site investigation at its Korangi Creek development. The discovery happened while drilling...
Lotte Chemical Extends Shutdown, Impacting Supply Chain
LOTTE Chemical Pakistan Limited (LOTCHEM) has extended the shutdown of its plant due to unforeseen technical issues encountered during maintenance. The plant, which...
Amazon Wants TikTok as U.S. Sale Looms
Amazon has made a last-minute bid to acquire TikTok just days before the April 5 deadline for the app to secure a non-Chinese buyer or face...
Elon Musk’s xAI Buys X for $33B
Elon Musk’s AI firm xAI has acquired X (formerly Twitter) in a deal valuing the social media platform at $33 billion, deepening the integration between AI...
Trump Imposes 29% Tariff on Pakistan
The United States has imposed a 29% tariff on Pakistani goods as part of President Donald Trump’s broader trade policy aimed at addressing global trade imbalances....
PM Pledges Pakistan’s Path to a Sustainable Future
PM Shehbaz Sharif is pushing for a cleaner, greener Pakistan by forgoing the outdated “take-make-dispose” mindset and instead embracing a circular economy. On...
Danish Mining Firm to Train 100 Pakistani Engineers
Danish company FLSmidth will be launching a training program for 100 local engineers at the Pakistan Minerals Investment Forum on April 8-9, aimed at modernizing...
Punjab Launches Major Air Pollution Control Plan
The World Bank has approved a $300 million loan for the Punjab Clean Air Program (PCAP) to address worsening pollution. The initiative aligns with Punjab’s Smog...
Pakistan-Made Honda CITY Cars Reach Japan
Atlas Honda Pakistan has exported its first batch of completely built-up (CBU) units, marking Pakistan’s entry into the global automotive market. The company dispatched...
SECP Upgrades Ezfile to Enhance Business Compliance
SECP has fully transitioned key regulatory processes to its eZFile platform, replacing the previous eServices system. This shift enhances compliance efficiency and...
Telcos Seek Review of SIM Blocking Policy
In early 2024, the Federal Board of Revenue (FBR) of Pakistan announced plans to block the mobile phone SIM cards of approximately 506,671 individuals who failed...
IMF Approves $1.3B Loan for Climate Resilience
The International Monetary Fund (IMF) has reached a staff-level agreement with Pakistan, introducing a new 28-month, $1.3 billion loan under the Resilience and...
JS Global Launches Shariah-Compliant Trading Terminal
JS Global Capital Ltd. has launched Pakistan’s first Shariah-Compliant Trading Terminal, making Islamic investing more accessible. Integrated within JS Investments,...
Foreign And Domestic Debt Reach Record Highs
Pakistan’s debt continues to rise, with both domestic and external liabilities increasing, according to State Bank of Pakistan (SBP). The country must repay $30.6...
EasyPaisa Introduces Digital Insurance Platform
easypaisa digital bank has introduced its digital insurance marketplace, making it easier and more affordable for millions of Pakistanis to access insurance. This...
FinVolution Enters Pakistan with Daira Launch
Chinese fintech group FinVolution has made its debut in Pakistan with Daira, a new lending platform offering low-interest, flexible loans. Its key selling point...
PM Launches ‘Digital Youth Hub’ to Foster Professional Opportunities
Shehbaz Sharif just rolled out the “Digital Youth Hub” (Prime Minister’s Youth Programme) in Islamabad, aiming to get Pakistan’s young talent working...
Microsoft Raises Prices And Scales Back Data Centers.
Just a day after Alibaba Group raised concerns about a potential AI bubble, Microsoft is reevaluating its AI infrastructure expansion. The company has decided to...
Huawei Empowers 60,000 Pakistanis with Hi-Tech Training
Huawei, a global leader in information and communications technology (ICT), has initiated a significant program to train Pakistani youth in advanced ICT skills....
JS Bank, Al Ansari Unveil Millionaire Remittance Reward Drive
JS Bank has expanded its partnership with Al Ansari Exchange, a leading UAE exchange company, to enhance cross-border remittance services for Overseas Pakistanis....
Pakistan, EU Kickstart Business Ties in Islamabad
Pakistan and the European Union are set to take a major step in strengthening economic cooperation with the first high-level EU-Pakistan Business Forum, scheduled...
Telcos Demand Tax Cuts, and Acceleration in 5G
The Telecom Operators Association (ToA) has proposed budget proposals for the fiscal year 2025-26, emphasizing tax relief, policy amendments, and exemptions from...
Paysys, Allied Bank Join Raast Financial Collaboration
Paysys Labs has partnered with Allied Bank Limited (ABL) to enable RAAST Merchant Service Provider (MSP) and Person-to-Merchant (P2M) services. This collaboration...
MCB Bank Limited Partners with Fauree Tech Pvt. Ltd.
MCB Bank Limited has partnered with Fauree. to expand digital financing solutions for small and medium-sized enterprises (SMEs) in Pakistan. This collaboration will...
Trump Officials’ Signal Chat Leak Sparks Inquiry
Top Trump administration officials accidentally added a journalist to a Signal Messenger chat discussing war plans, triggering calls for a congressional investigation...
Systems Limited Shareholders to Vote on Stock Split
Systems Limited has announced a 5-for-1 stock split, reducing the face value of its shares from Rs. 10 to Rs. 2 each. The company’s Board of...
Sapphire Textile Mills to Acquire Minority Stake in UK Fabrics Firm
Sapphire Textile Mills Limited (Spinning, Weaving, Yarn Dyeing, Processing & Stitching) is making a strategic move by entering into agreements to acquire a minority...
Mari Starts New Gas Well Production in Khyber Pakhtunkhwa
Mari Energies Limited has started gas and condensate production from the Shewa discovery in the Waziristan Block, KP Province. This follows the completion of a gas...
Alibaba Eyes Pakistani, Asian Suppliers Amid U.S. Uncertainty
Alibaba.com is looking to expand its global supply network, eyeing bigger supply routes from Pakistan and other Asian markets to keep its US wholesale business thriving...
Azerbaijan Urges Joint Ventures to Strengthen Ties with Pakistan
Azerbaijan’s President Ilham Aliyev wants to take things up a step with Pakistan through joint ventures in defense, energy, economy, logistics, and transport,...
Phase-II CPEC: Transforming Pakistan’s Global Potential
The China Pakistan Economic Corridor – CPEC has entered its second phase, focusing on industrialization, socio-economic development, and enhanced regional...
Fintech, Gaming, Healthcare Attract Venture Investment
Startups in Zero to One | MENA have pulled in serious funding, with fintech, gaming, and health tech ventures drawing significant interest. UAE-based NymCard just...
US Vows to Increase Investment, Economic Ties with Pakistan
The US is committed to its economic partnership with Pakistan, focusing on investment and trad, confirmed acting US ambassador Natalie Ashton Baker, during her meeting...
Zahanat AI Debuts as Pakistan’s Homegrown Chatbot
Zahanat AI, Pakistan’s first locally developed AI chatbot, has officially launched its beta version. Led by Mehwish Salman Ali, co-founder and CEO of Data Vault...
FBR’s Tax Overhaul Gets $70M World Bank Boost
The World Bank is likely to approve an additional $70M in IDA credit for the Federal Board of Revenue (FBR). This will support FBR’s new Transformation...
Pakistan’s Apparel Exports Reach Historic $6.2B
Pakistan’s apparel exports hit a record $6.2 billion in the first eight months of FY 2024-25, marking a 19% growth compared to the same period last...
Karandaaz Launches Green Bond for Climate
Pakistan has launched its first PKR-denominated Green Bond, a PKR 1 billion issuance by Parwaaz Financial Services Ltd (PFSL), a subsidiary of Karandaaz Pakistan....
Aamir Ibrahim Awarded Hilal-e-Imtiaz for Tech & Finance Excellence
Aamir Ibrahim, CEO of Jazz and Chairman of Mobilink Microfinance Bank Ltd, has been awarded the prestigious Hilal-e-Imtiaz for his groundbreaking contributions to...
HBL and ZTBL Join Hands for Farmers
HBL Zarai Services and Zarai Taraqiati Bank Limited Ltd. have signed an MoU to support farmers in Pakistan through better access to financial services and modern...