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ISLAMABAD: Electricity consumers across Pakistan, including Karachi, may face a further increase in power tariffs after the Central Power Purchasing...

Over 2,000 electric vehicles arrive at Karachi Port in Pakistan’s first Ro-Ro shipment

KARACHI: Pakistan has received its first-ever roll-on/roll-off (Ro-Ro) shipment carrying more than 2,000 electric vehicles (EVs), marking a significant development...

Auto, housing finance and private sector credit post strong growth in June: SBP

KARACHI: Auto financing, housing finance, personal loans and bank lending to the private sector recorded significant growth in June 2026,...

OGRA to announce petroleum prices every day under new cabinet decision

ISLAMABAD: The federal cabinet has approved a major change to the country's fuel pricing mechanism, authorising the Oil and Gas...

Private sector credit rises 14.8% to Rs11.38 trillion as bank lending recovers

KARACHI: Credit to Pakistan’s private sector increased 14.8% year-on-year to Rs11.38 trillion at the end of June 2026, reflecting a...

Pakistan seeks up to seven LNG cargoes as Gulf conflict disrupts supplies: report

ISLAMABAD: Pakistan plans to increase liquefied natural gas purchases from Qatar and the spot market as the US-Iran conflict disrupts...

KP releases Rs80.7 billion for ongoing development projects

PESHAWAR: The Khyber Pakhtunkhwa government has released Rs80.7 billion for ongoing development projects under the Annual Development Programme (ADP) 2026–27,...

Punjab Judges eligible to purchase govt cars for just Rs3.5lac under New Scheme

LAHORE: Thousands of judicial officers across Punjab are set to get unexpected benefit after Lahore High Court approved scheme allowing...

Pakistan Advances Digital Payments with Co-Badged Debit Card

KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmad has welcomed the introduction of the HBL, UnionPay International and PayPak...

Pakistan buys another spot LNG cargo for July at highest price this month

KARACHI: Pakistan has purchased another spot liquefied natural gas (LNG) cargo for July after Pakistan LNG Limited (PLL) approved the...

Pakistan, Turkiye make progress on investment and industrial cooperation

ISLAMABAD: Significant progress has been made in promoting investment and industrial cooperation between Pakistan and Türkiye during the Pakistan-Türkiye Business...

Implementation of $20bn Pak-China investment deal underway

ISLAMABAD: Finance Minister Muhammad Aurangzeb met with Pakistan’s Ambassador to China Khalil Hashmi, during which detailed discussions were held on...

Finance Minister, British High Commissioner discuss reforms agenda, economic cooperation

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb held talks with British High Commissioner, Jane Marriott on Pakistan’s...

Pakistan imports mobile phones worth Rs530b in FY2025-26

ISLAMABAD: Mobile phone imports surge more than 27% year-on-year, reflecting rising consumer demand and higher spending on smartphones Pakistan imported...

Pakistan’s first donkey meat export to China to woo fresh investment

LAHORE: Pakistan’s first export of donkey meat to China from the Gwadar Free Zone opened a new avenue for livestock...

OICCI asks FBR to clear Rs103b in pending tax refunds

ISLAMABAD: The Overseas Investors Chamber of Commerce and Industry (OICCI) has asked the Federal Board of Revenue (FBR) to accelerate...

Sindh announces Keti Bandar Port & AI Data Centres to boost foreign investment

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has announced an ambitious investment agenda aimed at strengthening the province’s economic...

PIA buyers receive Rs14.2b in properties under privatisation deal

ISLAMABAD: The federal government has transferred 11 properties of Pakistan International Airlines (PIA), valued at Rs14.2 billion, to the consortium...

Ship recycling resumes at Gadani after eight-year hiatus