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SBP cancels foreign exchange license of Riaz Exchange Company
KARACHI: The State Bank of Pakistan (SBP) has revoked authorization of Riaz Exchange Company (Pvt.) Ltd to deal in foreign...
OGRA lets oil companies regulate supply to curb hoarding amid Gulf tensions
KARACHI: Oil and Gas Regulatory Authority (OGRA) announced that it was allowing oil marketing companies to regulate supply to retail...
PARCO secures two crude cargoes via alternative routes amid Hormuz disruption
LAHORE: Pak-Arab Refinery Company (PARCO) has arranged two crude oil cargoes from routes outside the Strait of Hormuz to sustain...
Ambassador Varga highlights strong potential for bilateral trade growth
ISLAMABAD: Ambassador of Hungary Dr. Zoltan Varga has said that Hungary and Pakistan enjoy traditionally friendly diplomatic relations and both...
OGDCL announces oil, gas discovery at Baragzai X-01 well in KP
KOHAT: Oil and Gas Development Company Limited has announced a new oil and gas discovery at the Baragzai X-01 (Slant)...
Saudi Arabia assures Pakistan of oil supply via Yanbu Port
ISLAMABAD: Saudi Arabia has assured full support for Pakistan’s request to use the port of Yanbu as an alternative oil...
Finance Minister reaffirms Pakistan-Netherlands economic cooperation
ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb has said that Pakistan attaches high importance to strengthening economic...
NEPRA approves 35 paisa per unit hike in electricity price
ISLAMABA: The National Electric Power Regulatory Authority (NEPRA) has announced 35 paisa per unit increase in electricity prices across Pakistan...
Pakistan’s digital banking users top 127m amid shift to cashless economy
KARACHI: Officials told Prime Minister Shehbaz Sharif the number of digital banking users in the country had surpassed 127 million,...
IMF seeks emergency economic plan from Pakistan amid regional tensions
ISLAMABAD: The International Monetary Fund (IMF) has requested a comprehensive emergency economic plan from Pakistan, taking into account the current...
No shortage of petroleum products, 28-day reserves available: Finance Minister
ISLAMABAD: Finance Minister Muhammad Aurangzeb has assured that there is no shortage of petroleum products in the country, stating that...
PC Board recommends inclusion of FFC in AHCL led consortium to CCoP
ISLAMABAD: The Privatisation Commission (PC) Board recommended to the Cabinet Committee on Privatisation (CCoP) approval of inclusion of Fauji Fertilizer...
Punjab EV sector gets boost as Chinese plan assembly plants charging stations
LAHORE: Provincial Minister for Industries and Commerce Chaudhry Shafay Hussain met a 17-member delegation of a leading Chinese investor group...
Services exports increase by 18.78oc to $5.659b in 7 months of FY2026
ISLAMABAD: The exports of services during the first seven months of the current fiscal year increased by 18.78 percent as...
Pakistan needs proactive trade diplomacy to enhance exports’
LAHORE: Convener of FPCCI (Federation of Pakistan Chamber of Commerce and Industry) Regional Committee on Food Shahid Imran stated this...
Primary surplus widens to Rs 4.1 trillion in 1st half of FY2026
ISLAMABAD: The country’s primary balance posted a robust surplus of Rs 4,105.5 billion (3.2 percent of GDP) during the first...
President orders fresh probe into iPhone seizure case, sends matter back to FTO
ISLAMABAD: The President Asif Ali Zardari has ordered a fresh investigation into a high-profile case involving the alleged mishandling and...
Pakistan’s trade deficit widens 8.4pc in February to $298.1m
KARACHI: Pakistan’s trade deficit in February widened by 8.4 percent, reaching $298.1 million, according to the latest data released on...
Pakistan passes Virtual Assets Bill 2026, legalizes cryptocurrency nationwide
ISLAMABAD: National Assembly on Tuesday passed the Virtual Assets Bill, 2026, officially legalizing cryptocurrencies and establishing a regulatory framework for...
FBR officers ordered to declare 10-year asset details, explain income sources
ISLAMABAD: The Establishment Division has directed officers of the Federal Board of Revenue (FBR) to submit comprehensive declarations of their...
