Business

As Pakistan reels from back-to-back climate disasters, Rizq has officially launched its initiative to rehabilitate 100,000 acres of flood-damaged agricultural land in Punjab from Khanewal. The effort, part of Rizq’s Seeding Good campaign, aims to enable smallholder farmers to prepare for the fast-approaching wheat season and prevent an impending food…

Faysal Bank Limited (FBL) and EFU Life Assurance Ltd formalized a strategic partnership through a signing ceremony held at EFU Life House, marking the launch of two groundbreaking Takaful propositions — the EFU Takaful Zenith Plan and EFU Takaful WIN FitCover Plan — both have distinct benefits and are tailored…

Central Development Working Party has approved twelve projects worth over thirty five billion rupees aimed at national development in different sectors. The meeting of CDWP was held in Islamabad with Minister for Planning and Development Ahasn Iqbal in the chair. It was decided to recommend six developmentr projects of over…

Finance Minister Muhammad Aurangzeb says the government is focused on long-term economic sustainability through reforms in taxation, energy, state-owned enterprises and public finances. In an interview, he said the commercial operation at the Reko Diq copper and gold project will generate 2.8 billion dollars in copper exports. He said Pakistan…

The Embassy of the Republic of Indonesia in Islamabad, in collaboration with the Indonesian Consulate General in Karachi, the Indonesian Chamber of Commerce and Industry (KADIN), and the International Creatives Exchange (ICE), organized “Indonesia–Pakistan Economic Networking Forum 2025 : Building a Shared Future” on the sidelines of 40th Trade Expo…

Finance Minister Muhammad Aurangzeb has expressed optimism regarding further improvement in Pakistan’s ratings from international agencies. During a meeting with officials from Fitch Ratings in Washington D.C, he thanked the agency for upgrading Pakistan’s credit rating to B- with a stable outlook, and expressed satisfaction that all three major agencies…

Pakistan and Rwanda have decided to strengthen bilateral trade through maritime-linked corridors connecting Karachi Port with key East African ports. The was decided during a meeting between Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry and Rwandan Ambassador Harerimana Fatou, who called on him in Islamabad today. Speaking on the…

Pakistan and United Arab Emirates have agreed to strengthen cooperation in advanced technology, data innovation, and cross-border startup investment. This has been decided at a meeting between Minister for IT Shaza Fatima Khawaja and Undersecretary at the UAE Ministry of Industry and Advanced Technology Omar Suwaina Al Suwaidi in  Abu…

Pakistan and Vietnam have begun negotiations on a Preferential Trade Agreement aimed at strengthening trade, investment and economic cooperation between the two countries. In this connection a meeting of Pakistan-Vietnam Business Forum was held in Islamabad today, which was co-chaired by Minister for Commerce Jam Kamal Khan and Vietnam’s Minister…

Zong, Pakistan’s leading technology innovation company, has partnered with Pakistan Idol as its official digital partner, bringing technology, entertainment, and connectivity together like never before. This landmark collaboration underscores Zong’s commitment to empowering Pakistan’s digital evolution and transforming how audiences experience the nation’s biggest musical event. Built for the youth,…

NBP at forefront of Digital Transformation towards cashless Banking in Pakistan, enabled National Accountability Bureau on Smartpay. The initiative has enabled fast, secure, and paperless transaction processing solution to bring ease for round the clock payments. This milestone demonstrates NBP’s commitment to delivering efficient and transparent digital payment solutions, further…

Finance Minister Muhammad Aurangzeb is in Washington on a six-day visit to the United States to attend IMF and World Bank annual meetings. He will represent Pakistan in these meetings and will meet senior officials of international financial institutions and his counterparts from China, United Kingdom, Saudi Arabia, Turkiye and…

Finance Minister Muhammad Aurangzeb has left for the United States to participate in the annual meetings of International Monetary Fund and World Bank. The Finance Minister will participate in more than sixty-five events, forums, ceremonies, and meetings during his six-day visit. During his visit, the Finance Minister will represent Pakistan…

Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar chaired a meeting today to review the overall economic situation. The meeting was attended by Finance Minister Muhammad Aurangzeb, Minister of State for Finance Bilal Kiani, Special Assistant Tariq Bajwa, the Finance Secretary, the Chairman FBR and his team. The…

Finance Minister Muhammad Aurangzeb has reaffirmed the government’s commitment to private sector-led growth and strengthen economic ties with Saudi Arabia. He was virtually addressing a business session arranged for the visiting Saudi business delegation at the Overseas Investors Chamber of Commerce and Industry in Karachi on Friday. Muhammad Aurangzeb reiterated…

Prime Minister Muhammad Shehbaz Sharif has welcomed Bloomberg’s recent positive report on Pakistan’s economy. In a statement, he mentioned that according to the report, the probability of default has decreased significantly by 2,200 basis points. He said this sharp drop reflects a growing confidence among global investors in the country’s…

Pakistan has become world’s 2nd most improved economy in terms of reduction in sovereign default risk. As per the latest data by Bloomberg shared by Advisor to Finance Minister Khurram Schehzad, Pakistan stood 2nd only to Turkiye in Global Emerging Market Rankings, as it has recorded one of the sharpest…

Zong, Pakistan’s leading technology innovation company, has unveiled the country’s first AI-powered Urdu chatbot, marking a new milestone in its mission to reshape customer experience and accelerate Pakistan’s digital future. With the launch of Urdu Chatbot, millions of Zong customers across the country can now access seamless, intelligent support in…

Acting President Syed Yousuf Raza Gilani says Pakistan’s economy is moving towards stability and new opportunities for trade and investment are opening up. Addressing the “Pakistan Business Summit” in Peshawar today, he said both local and international investors are showing confidence in Pakistan, as the government continues its efforts to…

Minister for Finance and Revenue Senator Muhammad Aurangzeb has emphasized that the government’s role is to ensure macroeconomic stability, introduce structural reforms and provide the right ecosystem for business and investment in the country. Addressing “Pakistan Business Summit” in Peshawar today, he underlined the government’s commitment to creating an enabling…

On Monday, the findings of an independent study on illicit cigarettes, conducted by Alvarez & Marsal (A&M), were shared with the media. A&M is a leading global professional services firm specializing in forensic analysis and business investigations. The report was presented by Nick Hodsman, Global Head of Anti-Illicit Trade Policy…