Business

Raqami Islamic Digital Bank is set to commence its operations in Pakistan next month with an initial investment of one hundred million dollars. The digital bank has been established with the support of the Kuwait Investment Authority. Advisor to the Finance Minister, Khurram Shehzad has said the investment is a…

Global food company Nestlé has announced additional investment of sixty million dollars in Pakistan. Executive Vice President Nestlé Remy Ejel made this announcement at a business roundtable, held in Davos today with Finance Minister Muhammad Aurangzeb in the chair, on the sidelines of the World Economic Forum Annual Meeting. Remy…

Pakistan and Islamic Development Bank (IDB) today signed three loan agreements worth six hundred three million dollars. These agreements were signed in Islamabad following a meeting between Minister for Economic Affairs Ahad Khan Cheema and Islamic Development Bank Vice President Dr. Rami Ahmed. Minister for Economic Affairs Ahad Khan Cheema,…

A prominent Arab daily ‘Khaleej Times’ has termed the initiatives taken by the government of Pakistan for addressing the issues of overseas Pakistanis and creating job opportunities as crucial for improving the economy.In an article, the daily said the government of Pakistan introduced comprehensive reforms to address the issues of…

Government is implementing comprehensive reforms for bringing improvement and transparency in the Petroleum Sector.According to Petroleum Division, a Track and Trace System has been introduced to eliminate smuggling at petrol pumps and within the fuel supply chain.A Raahguzar Mobile App has been launched to provide information about legal petrol pumps.Fuel…

Prime Minister’s Special Assistant on Industries and Production Haroon Akhtar has said Pakistan is to introduce a National Women Entrepreneurship Policy.Addressing the Joint Pakistan-Azerbaijan Women Entrepreneurship Dialogue in Islamabad today, he said the government is making women’s economic inclusion not just a desire but a national economic strategy.He mentioned that…

Punjab Chief Minister Maryam Nawaz has announced to establish thirty more Sahulat Bazars in the province by June 30, this year. In a statement, she directed to speed up measures to gradually setup Sahulat Bazars at Tehsil level throughout the province. Maryam Nawaz said that Sahulat Bazars have made public’…

Due to the effective efforts of the Government of Pakistan and the comprehensive policies of the Special Investment Facilitation Council (SIFC), key economic indicators are showing positive momentum, reflecting growing economic stability in the country. For the first time in nearly five years, market yields have fallen into single digits…

The Ministry of Overseas Pakistanis says a five percent increase was recorded in the number of Pakistani workers sent abroad, while foreign remittances witnessed a nine percent rise during the last year. Sharing the achievements made by the ministry in 2025, it said tangible measures taken by the Bureau of…

The Ministry of National Food Security and Research has begun implementing comprehensive reforms to make food and agricultural governance more transparent, digital and publicly accountable. According to the Ministry, reforms aim to reduce opportunities for corruption, limit discretionary powers and strengthen the import and export system. The Ministry has fully…

The Punjab government has launched its first-ever free home delivery project for affordable and quality food items under the instructions of Chief Minister Maryam Nawaz Sharif. Under the project, the Punjab Sahulat Bazar Authority is providing 13 essential food items at prices up to seven percent lower than DC-notified rates,…

Federal Minister for Petroleum Ali Pervaiz Malik has emphasized that Pakistan possesses vast and diverse mineral potential, offering significant opportunities for global partnerships. He was speaking at a ministerial panel titled “Dawn of a Global Cause: The Role of Governments in Driving Mineral Supply” at the Future Minerals Forum in…

The total liquid foreign reserves held by the country stood at US$ 21,248.4 million as of 09-Jan-2026. The break-up of the foreign reserves position is as under: i) Foreign reserves held by the State Bank of Pakistan: US$ 16,071.8 millionii) Net foreign reserves held by commercial banks : US$ 5,176.6…

Pakistan is making significant progress in global economic partnerships due to the reform-oriented vision and investor-friendly strategy of Special Investment Facilitation Council (SIFC).The United Kingdom has re-established its development partnership with Pakistan, announcing new initiatives in investment, trade, education and climate cooperation.This announcement was made during the visit of UK’s…

Foreign remittances in Pakistan have surged to record high of 3.6 billion dollars during the last month witnessing an increase of 13 percent. This has taken the total remittances flow in the first half of the fiscal year 2026 to 19.7 billion dollars which are 41 percent higher than last…

The vision and coordinated facilitation of Special Investment Facilitation Council (SIFC) have stabilized Pakistan’s economy and investment market, elevating it to prominence at the global level.Pakistan Stock Exchange (PSX) has recorded forty-one percent increase in the number of investors, with one hundred and thirty-five thousand new investors joining over the…

Prime Minister Shehbaz Sharif has said the longstanding fraternal relations between Pakistan and the United Arab Emirates are moving further toward effective economic cooperation and investment.He made the remarks during a meeting with Sajwani Business delegation of UAE in Islamabad.The Prime Minister said that Pakistan and the UAE share deep,…

The Federal Public Procurement Regulatory Authority (PPRA) and the Gilgit-Baltistan Public Procurement Regulatory Authority (GBPPRA) have signed a Memorandum of Understanding (MoU) to roll out the e-Pakistan Acquisition and Disposal System (EPADS) in Gilgit-Baltistan. The MoU was signed by Sheikh Afzal Raza, Project Director EPADS, PPRA, and Najeeb Alam, Managing…

Minister for Finance Senator Muhammad Aurangzeb, while welcoming the delegation of Visa CEMEA, has appreciated its continued engagement with Pakistan’s financial sector. He was talking to a delegation of Visa led by Regional President for Central Europe, Middle East and Africa Tareq Muhmood, which called on him in Islamabad today.…

Smaller Pakistani banks delivered some of the highest total returns to investors across the Asia-Pacific region in 2025, buoyed by a strong rally in local equity markets and improving macroeconomic indicators, according to an analysis by S&P Global Market Intelligence. The Bank of Punjab emerged as one of the top-performing…

Minister for Commerce Jam Kamal Khan has reiterated the government’s unwavering commitment to provide a conducive business environment to foreign investors. Presiding over a high-level meeting with a delegation from the American Business Council in Karachi today, Jam Kamal said the American business community is a valued and long-standing partner…