Business

Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar chaired a meeting in Islamabad to review the Fuel Subsidy Scheme. He took stock of the relief being provided to public transport operators, motorcycle owners, and farmers to mitigate the impact of higher fuel prices due to regional tensions and…

Deputy Prime Minister and Foreign Minister Ishaq Dar along with Finance Minister Muhammad Aurangzeb held a meeting with senior leaders of the Pakistan Peoples Party in Islamabad today. The meeting was part of routine pre-budget consultations ahead of the Federal Budget. During the meeting, it was unanimously agreed to recommend…

Finance Minister Muhammad Aurangzeb has reaffirmed Pakistan’s commitment to advancing reforms that strengthen human capital, improve social outcomes, expand employment opportunities and support inclusive and sustainable economic growth. He was talking to a World Bank Group delegation led by Vice President for Human Development Ms. Mamta Murthi in Islamabad. The…

The revival of Jamshoro Joint Venture Limited (JJVL), facilitated by Special Investment Facilitation Council (SIFC), has marked a major milestone in Pakistan’s energy sector. The restoration of JJVL is among SIFC’s notable achievements over the past three years, bringing a key national asset back into operation. Due to the plant’s…

The federal government has decided to reduce the prices of petrol and diesel by twenty-two rupees per litre each as an Eid gift for the people on the third day of Eid-ul-Azha. According to a statement issued by the Prime Minister’s Office on Friday, Prime Minister Muhammad Shehbaz Sharif said…

Minister of State for Finance Bilal Azhar Kayani has reiterated government’s firm commitment to resolve traders’ issues and create a business-friendly environment. He was talking to a delegation of central traders organization in Islamabad. The delegation requested the introduction of an easy tax scheme in the upcoming budget. Bilal Azhar…

To facilitate taxpayers in making over-the-counter (OTC) payment of Government duties and taxes, it has been decided, on the request of Federal Board of Revenue (FBR), that Saturday opening branches of all commercial banks (including NBP branches handling customs collection) shall remain open from 09:00 A.M. to 03:00 P.M. on…

Prime Minister Shehbaz Sharif has said Pakistan offers vast investment opportunities in the tourism, hospitality, real estate and construction sectors. He was talking to a delegation of Qatar’s Taameer Group led by its founder Muhammed Hassain Al Ali in Islamabad today. The Prime Minister said Qatar is a long-standing friend…

Pakistan and Germany have signed an agreement worth 40.5 million euros to launch new development projects in climate, energy, and social protection sectors. Secretary Economic Affairs Muhammad Humair Karim Kidwai and German Ambassador Ina Lepel signed the agreement in Islamabad today. Under the agreement, the German Development Bank will provide…

tapmad, Pakistan’s leading digital streaming platform, proudly announces that it has acquired the exclusive digital and television broadcasting rights for the upcoming FIFA World Cup in Pakistan. This milestone further strengthens tapmad’s position as the first choice for sports streaming in the country. Over the years, tapmad has consistently streamed…

The district administration Rawalpindi has established eight cattle markets at designated locations across the district to facilitate sale and purchase of sacrificial animals in an organized manner on the eve of Eid-ul-Adha. According to Deputy Commissioner Rawalpindi, the sites where the cattle markets have been established are Bhatta Chowk, Mouza…

Pakistan has established National Dredging and Marine Services (NDMS) company to develop local dredging capabilities. This is a joint initiative of the National Logistics Corporation, Karachi Port Trust (KPT), Port Qasim Authority and Gwadar Port Authority. With local dredging capacity, reliance on foreign companies will decrease and significant foreign exchange…

Finance Minister Muhammad Aurangzeb has said that Pakistan’s inaugural Panda Bond issuance marks a transformational step in the country’s financial landscape and opens a new chapter in Pakistan-China economic cooperation. In an interview with China Global Television Network (CGTN) following the official Panda Bond Issuance Ceremony in Beijing, the Finance…

The government has announced a reduction in the prices of petroleum products, bringing some relief to consumers. According to the Petroleum Division, the price of petrol has been decreased by Rs5 per litre. After the revision, the new petrol price has been set at Rs409.78 per litre. Similarly, the price…

The project of Jet Green Airlines has now entered the phase of operational preparedness under the successful facilitation of the Special Investment Facilitation Council (SIFC). The effective facilitation of SIFC has led to significant progress in long-stalled investment projects in Pakistan. The SIFC has successfully completed the approval process of…

NBP onboards the National Highways & Motorway Police for Raast QR-based licensing fee collections, marking another key milestone in the National Bank of Pakistan’s public sector digitisation journey. The signing ceremony formalised the mandate to enable on-the-spot, seamless and cashless payments for licensing services through Raast QR – bringing greater…

easypaisa digital bank delivered a record-breaking quarter, further strengthening its leadership as Pakistan’s first digital retail bank. For the quarter ended March 31, 2026, the Bank reported a profit after tax (PAT) of PKR 1.49 billion and earnings per share (EPS) of Rs. 2.47, while profit before tax (PBT) reached…

Reinforcing its position as a global leader in advanced energy storage and solar solutions, Livoltek has announced the signing of a strategic Memorandum of Understanding (MoU), alongside the EPC agreement between Hub Salt and Optimisen, for the deployment of a 2.35MWh Battery Energy Storage System (BESS) integrated with a 1.44MW…

A shining new B737 freighter aircraft in bold red and white livery arrived today to an enthusiastic welcome at the Karachi Airport. To be operated by TCS on domestic and regional routes, the delivery flight was accorded a water-gun salute and was received in person by Nadir Shafi Dar, Director…

Minister for Board of Investment Qaiser Ahmed Sheikh says comprehensive policies have been formed to facilitate investors. He was addressing Pakistani diaspora in Manchester, United Kingdom. Qaiser Ahmed Sheikh said Pakistan has vast investment opportunities in various sectors including agriculture, IT, textiles.

Karachi Export Processing Zones Authority (EPZA) has successfully dispatched its first export consignment to Kyrgyzstan via land route, marking a significant step towards enhancing Pakistan’s regional trade connectivity and export footprint. The consignment, sent through a land corridor, underscores Pakistan’s commitment to exploring new and emerging markets in Central Asia.…