Business

Faysal Bank Limited (FBL), one of the leading Islamic Banks in the country, sustained its business momentum in the first half of 2025 and continued to gain market share in key segments while deepening relationships across both retail and corporate clients. Total deposits increased to PKR 1.2 trillion—19% higher than…

Sindh government and World Bank have agreed on collaboration in various sectors with focus on health and education sectors.  The agreement came in a meeting between Sindh Chief Minister Syed Murad Ali Shah and newly appointed World Bank Country Director Bolormaa Amgaabazar in Karachi on Tuesday. World Bank assisted projects…

The Economic Coordination Committee of the Cabinet has approved to pass on the benefit of levy collected from captive power consumers to electricity grid consumers. The ECC, which met in Islamabad today with Finance Minister Muhammad Aurangzeb in the chair, also approved three billion rupees for timely provision of tents,…

Prime Minister Shehbaz Sharif has directed that the customs inspection and assessment system be made compatible with modern technology and faceless to ensure transparency.   Chairing a meeting in Islamabad on Tuesday, he said the objective of improving and modernizing the customs system is to facilitate businesses engaged in exports and…

Prime Minister Shehbaz Sharif has launched establishment of ten million Digital Wallets and provision of ten million SIMS to the beneficiaries of Benazir Income Support Program. Addressing the launching ceremony, he said this initiative is a step toward cashless economy to ensure transparency and provision of financial assistance to the…

Punjab Chief Minister Maryam Nawaz has urged business community of Thailand to benefit from investment incentives in Punjab. She was addressing at a dinner in Thailand, hosted by former Prime Minister of Thailand and renowned Telecommunication sector businessman, Thaksin Shinavitra. The Chief Minister said promotion of bilateral cultural diplomacy and…

National Logistics Cell (NLC) and DP World have successfully completed the first commercial cargo delivery from the United Arab Emirates to Tajikistan. NLC and DP World transported thirty-eight tons of automotive spare parts to Tajik capital Dushanbe. This achievement was made possible through NLC’s professional expertise and modern logistics infrastructure.

Minister of State for Crypto and Blockchain, Bilal Bin Saqib, has said that Pakistan’s crypto diplomacy has positioned the country as a builder rather than merely a recipient in the global market. In a statement, he described Pakistan as a hidden treasure whose true potential will be unveiled to the…

Finance Minister Muhammad Aurangzeb has reaffirmed the government’s commitment to providing an enabling environment for the private sector to lead economic growth. Speaking at the Leadership Summit on Blockchain and Digital Assets in Islamabad on Saturday, he emphasized the importance of embracing the new economy driven by innovation, digitalization and…

The Board of Directors of easypaisa digital bank approved the financial statements for the half year ended June 30, 2025. The Bank reported a profit before tax of PKR 3.64 billion, compared to PKR 2.61 billion in the same period last year, reflecting a 39.4% increase. This performance was driven…

The Executive Committee of the National Economic Council has approved the Jinnah Medical Complex and Research Project at a cost of 212 billion rupees. The approval was granted at ECNEC meeting held in Islamabad on Friday with Deputy Prime Minister Ishaq Dar in the chair. The project is aimed at…

Modern reforms are being introduced in livestock sector through the efforts of Special Investment Facilitation Council (SIFC) and Green Pakistan Initiative. Punjab’s Provincial Minister Ashiq Hussain inaugurated a state-of-the-art IVF laboratory in Khanewal. The establishment of Pakistan’s first advanced IVF lab marks the beginning of a new era in reproductive…

Pakistan and Bangladesh have agreed to promote bilateral trade and industrial development through collaborative efforts. The consensus to this effect was reached during a meeting between Minister for Commerce, Jam Kamal Khan and Bangladesh’s Adviser for Industries, Adilur Rahman Khan in Dhaka. The Commerce Minister emphasized on Pakistan’s keen interest…

Prime Minister Shehbaz Sharif inaugurated Business Facilitation Center in Islamabad on Thursday to facilitate businesses. On the occasion, the Prime Minister was briefed about the business facilitation center, which aims to simplify the process of doing business and provide comprehensive support to entrepreneurs and investors. In his remarks on the…

Islamabad, August 20, 2025: Maintaining its winning streak, Mondelez Pakistan has been honored at the Dragons of Pakistan Awards 2025 with a Gold, Silver and Black Dragon. These achievements highlight the strength of a clear vision, passionate teams and collaborative partnerships. Earlier this year, the company received four accolades at…

Pakistan’s Tourism sector is on the path of progress due to the effective strategy of Special Investment Facilitation Council (SIFC). Green Park Lagoon Gadani, a site rich in natural beauty and located just one hour from Karachi has been inaugurated.  Operated by Green Tourism Private Limited, this is yet another…

A new era of digital development has begun in Pakistan with the support of Special Investment Facilitation Council (SIFC). The government is taking effective steps to develop digital infrastructure for broadband users. In a significant move Capital Development Authority has abolished Right of Way charges for the installation of IT…

Federal Minister for Finance Muhammad Aurangzeb has urged the youth to utilize their potential in a better way. Talking to media in Karachi on Monday after visiting a job fair, he said holding job fairs is a positive development. He said such events will be helpful for the youth who…

Pakistan’s crypto initiatives have significantly enhanced the country’s importance in Washington and opened up new investment opportunities. According to the British newspaper Financial Times, Pakistan received recognition in Washington due to Field Marshal Syed Asim Munir’s strategy and crypto initiatives The newspaper said ties between the Trump administration and Islamabad…

Prime Minister Shehbaz Sharif has said the government is working on a priority basis to digitize the economy and transition financial transactions to cashless and digital system. Chairing a review meeting on cashless economy in Islamabad on Sunday, he directed all the provincial chief secretaries to fully cooperate with the…

The Economic Policy & Business Development Think Tank (EPBD) has released its inaugural report formulating a Wealth Perception Index 2025, listing Pakistan’s top 40 public and private sector conglomerates, including the first-ever compilation of prospective dollar-billionaire business groups in the country. The Index, launched on Pakistan’s 78th Independence Day, identifies…