Business

The Special Investment Facilitation Council is playing a key role in promoting energy self-sufficiency and advancing Pakistan’s oil and gas sector. Amid ongoing tensions in the Middle East, Pakistan is developing a strategy to increase domestic production in order to achieve energy autonomy. Pakistan’s Oil and Gas Development Company Limited…

Planning Minister Ahsan Iqbal says the country’s economy has moved towards stability during the first eight months of fiscal year 2025-26 due to the coordinated macroeconomic policies of the government. He was addressing a ceremony in Islamabad today in connection with the launch of the Monthly Development Report. The Minister…

Pakistan’s energy transition stands at a decisive inflection point. Over the past decade, the country has expanded rooftop solar, wind capacity in Sindh, and hydropower generation. Yet the structural flaw in our power system remains unchanged: we generate clean electricity during the day but burn imported fossil fuels at night…

The government has increased the prices of petrol and diesel by 55 rupees per litre each due to prevailing situation in the region. This was announced by Minister for Petroleum Ali Pervez Malik while addressing a news conference alongside Deputy Prime Minister and Foreign Minister Ishaq Dar and Finance Minister…

Eight working groups have been formed to accelerate Pakistan-Uzbekistan trade and economic cooperation in diverse sectors. The decision was taken in a high-level meeting of the Pakistan-Uzbekistan Joint Working Group held in Islamabad today with Special Assistant to the Prime Minister, Haroon Akhtar Khan in the chair. The meeting reviewed…

Minister for Energy Sardar Awais Ahmed Khan Leghari says the government is actively pursuing the privatization of its power distribution companies to ensure long-term sustainability and efficiency. He expressed these views during a virtual meeting with Türkiye’s Minister for Energy and Natural Resources, Alparslan Bayraktar. Awais Ahmed Khan Leghari emphasized…

Finance Minister Muhammad Aurangzeb says Pakistan’s macroeconomic indicators are showing signs of stabilization and recovery. Talking to British High Commissioner Jane Marriott in Islamabad today, he said economic growth in the first quarter of the current fiscal year reached 3.7 percent, with improvements in large-scale manufacturing and resilience in the…

Following a Phase-I Review, the Competition Commission of Pakistan (CCP) has approved the proposed restructuring and transfer of designated real estate assets of ISE Towers REIT Management Company Limited to its subsidiary, ISE Realty Company Limited. CCP received a pre-merger application on January 23, 2026, jointly filed by ISE Towers…

Chairman Senate Syed Yousaf Raza Gilani says agriculture is the backbone of Pakistan’s economy and providing relief to farmers remains a national priority. He was talking to President of Zarai Taraqiati Bank Limited, Tahir Yaqoob Bhatti who called on him at Parliament House in Islamabad. He reaffirmed that Parliament would…

Minister for National Food Security and Research, Rana Tanveer Hussain says protecting farmers’ income, stabilizing domestic prices, and strengthening Pakistan’s agricultural export base remain government’s top priorities. Chairing the 4th meeting of the Committee on Potato Export in Islamabad today, he emphasized that coordinated, time-bound, and practical interventions are essential…

Finance Minister Muhammad Aurangzeb says ensuring uninterrupted availability of petroleum products remains the Government’s foremost priority and will continue to guide all policy decisions. He was chairing a meeting of the Committee to Monitor Petrol Prices in the Wake of the Emerging Situation in the Region, constituted by the Prime…

Pakistan and Tajikistan have agreed to modernize trade routes and strengthen bilateral ties to achieve sustainable development. This understanding was reached at a meeting between Communications Abdul Aleem Khan Tajikistan Ambassador Sharifzoda Yusuf Toir in Islamabad. Both sides emphasized the need to adapt to evolving regional dynamics through effective strategies.…

The Competition Commission of Pakistan (CCP) has released a comprehensive report, “The Road to Fair Competition – A Study of Pakistan’s Automobile Industry,” highlighting structural and regulatory challenges in the sector and recommending wide-ranging reforms, including a long-term policy roadmap, improved vehicle financing, and removal of regulatory distortions to foster…

BingX, a leading cryptocurrency exchange and Web3-AI company, today announced the launch of its Zero-Fee Carnival, a limited-time campaign offering zero trading fees across selected spot markets. The initiative includes zero fees for newly listed tokens, major spot trading pairs, and spot TradFi assets. Additionally, a new dedicated spot trading…

A delegation of All Pakistan Goods Transport Association (APGTA) led by Chairperson Chaudhry Qamar Zaman Gill called on Minister for Communications Abdul Aleem Khan in Islamabad today. During the meeting, issues pertaining to the transport sector came under discussion. Speaking on the occasion, Abdul Aleem Khan emphasized that strict adherence…

Finance Minister Muhammad Aurangzeb says Pakistan’s energy supply chain is stable and fully functional. He expressed these views while chairing a meeting of the committee to monitor petrol prices in the wake of the emerging situation in the region in Islamabad today. During the meeting, the Committee was informed that…

A major illegal cigarette network operating under the cover of tax exemptions granted to Export Processing Zones (EPZs) has been uncovered, according to official sources. Authorities allege that expired and near-expiry foreign cigarette brands were being illegally repackaged and distributed in the domestic market and exported to less developed countries.…

The Economic Coordination Committee of the Cabinet has approved low-cost housing scheme and key infrastructure grants. The ECC, which met in Islamabad today with Finance Minister Muhammad Aurangzeb in the chair, approved revised features of the “Mera Ghar Mera Aashiana,” Mortgage Financing for Low-Cost Housing scheme. The Committee was informed…

Pakistan is attracting substantial foreign investment across a wide range of sectors, particularly energy, logistics, information technology, and agriculture, largely through partnerships with Pakistani companies. Foreign investors are entering the market through new business establishments, joint ventures, acquisitions, and the expansion of existing operations, reflecting growing economic activity and investor…

Bilateral relations between Pakistan and Saudi Arabia are touching new heights due to the support of Special Investment Facilitation Council. Following a landmark defense agreement, the two nations are now moving toward a strategic pact intended to add a new dimension to their economic cooperation. Saudi Ambassador Nawaf bin Saeed…

Finance Minister Muhammad Aurangzeb has reiterated the government’s commitment to advance structural reforms and improve governance frameworks. He was talking to the Country Director of the World Bank for Pakistan, Bolormaa Amgaabazar in Islamabad today. During the meeting, strengthening cooperation under the World Bank’s Country Partnership Framework (CPF) and advancing…