News & Updates

News Update

29

Jul 2025

Jul 29, 2025 • 5 min read

First-Ever Visa Global eSIM Launched in Pakistan

Meezan Bank, Pakistan’s first and largest Islamic bank, becomes the first bank in the country to roll out Visa’s latest...

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News Update

29

Jul 2025

Jul 29, 2025 • 5 min read

Pakistan Capital Market Marks Historic Transition from T+2 to T+1 Settlement Cycle

In a landmark development for Pakistan’s capital market, National Clearing Company Pakistan Limited (NCCPL) in collabora...

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News Update

29

Jul 2025

Jul 29, 2025 • 5 min read

Govt to Start Collecting Hajj 2026 Dues From Next Week

The collection of expenses for Hajj 2026 is expected to begin in the first week of August, sources told ProPakistani. Th...

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News Update

29

Jul 2025

Jul 29, 2025 • 5 min read

Fauji Fertilizer Posts Quarterly Profit of Rs. 25.2 Billion

Fauji Fertilizer Company Limited (PSX: FFC) recorded its highest-ever unconsolidated quarterly profit of Rs. 25.2 billio...

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News Update

29

Jul 2025

Jul 29, 2025 • 5 min read

Sugar Millers Made Billions, Now They Must Pay: Public Accounts Committee

Members of the Public Accounts Committee (PAC) on Tuesday sharply criticized the federal government’s sugar export polic...

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News Update

29

Jul 2025

Jul 29, 2025 • 5 min read

Rupee Continues to Boss Top Performing Currencies

The Pakistani rupee (PKR) closed in green 5th day in a row against the US Dollar (USD) and against the British Pound (GB...

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News Update

29

Jul 2025

Jul 29, 2025 • 5 min read

Zardari, Sharif and Tareen Families the 3 Biggest Sugar Players in Pakistan, Member PAC Claims

In a fiery exchange during a meeting of the Public Accounts Committee (PAC) today, Member of National Assembly (MNA) Aam...

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News Update

29

Jul 2025

Jul 29, 2025 • 5 min read

MNAs Blame Govt for Defrauding Nation of Rs. 287 Billion With Artificial Sugar Price Hikes

The Public Accounts Committee (PAC) on Tuesday held a heated session on the sugar crisis, with members blaming the gover...

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News Update

29

Jul 2025

Jul 29, 2025 • 5 min read

Highnoon Partners with Bangladesh’s Beximco to Bring Advanced Respiratory, Diabetes, and Cardiac Treatments to Pakistan

Pakistani pharmaceutical firm Highnoon Laboratories Limited (PSX: HINOON) Tuesday announced that it has entered into a s...

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News Update

29

Jul 2025

Jul 29, 2025 • 5 min read

Govt Presses Banks, Forex Companies to Cut PKR/USD Rate ‘At All Costs’

The federal government is bullying banks and exchange companies to push the US dollar rate below the current rate. Banks...

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News Update

29

Jul 2025

Jul 29, 2025 • 5 min read

Electricity Prices Could Get Cheaper Soon

The National Electric Power Regulatory Authority (NEPRA) has scheduled a public hearing for August 4 to give a discount...

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News Update

29

Jul 2025

Jul 29, 2025 • 5 min read

Govt to Launch New EV Policy on August 14 With Rs. 100 Billion IMF-Backed Subsidy

The federal government will launch a new five-year electric vehicle (EV) policy on August 14, backed by the Internationa...

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News Update

29

Jul 2025

Jul 29, 2025 • 5 min read

Billions Lost As Hundreds of Challans of Oil and Gas Companies Go Missing

The Directorate General of Petroleum Concessions (DGPC) has revealed that hundreds of payment challans submitted by priv...

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News Update

29

Jul 2025

Jul 29, 2025 • 5 min read

Govt Likely to Abolish Pakistan Environmental Protection Agency

A confidential draft prepared by the Rightsizing Committee of the federal government has proposed the dissolution of the...

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News Update

29

Jul 2025

Jul 29, 2025 • 5 min read

SBP’s Dollar Purchases from Interbank Market Cross $7 Billion After 11 Months

The State Bank of Pakistan (SBP)  purchased $473 million worth of foreign currency (USD) from the interbank FX market in...

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News Update

29

Jul 2025

Jul 29, 2025 • 5 min read

Chinese Firms Seek Licences to Legally Export Donkey Meat from Pakistan

Two companies based in China have applied for licences to export donkey meat and bones from Pakistan. The applications c...

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News Update

29

Jul 2025

Jul 29, 2025 • 5 min read

Top Post at FBR Reassigned After Sudden Retirement of Senior Tax Officer

Following the retirement of Federal Board of Revenue (FBR) Member Inland Revenue (Operations) Dr. Hamid Ateeq Sarwar, th...

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News Update

29

Jul 2025

Jul 29, 2025 • 5 min read

Finance Minister Leaves for US for Crucial Trade Talks

Finance Minister Muhammad Aurangzeb left for Washington on Monday to hold the final round of talks under the Pakistan-US...

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News Update

29

Jul 2025

Jul 29, 2025 • 5 min read

Pakistan Manpower Exports Surge for KSA, Qatar But Decline for UAE, Oman in 2025

Pakistan’s exports of immigrant workers witnessed an interesting trend in 2025. The two leading Gulf countries, the King...

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News Update

29

Jul 2025

Jul 29, 2025 • 5 min read

Pakistan’s Sugar Crisis Worsens As Prices Hit Rs. 190/kg

Pakistan’s sugar crisis has worsened with major markets in Lahore and Islamabad facing severe shortages. At the same tim...

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News Update

28

Jul 2025

Jul 28, 2025 • 5 min read

CDA Chairman Directs to Speed up Development of Islamabad’s Sectors

Chairman Capital Development Authority (CDA) and Chief Commissioner Islamabad Muhammad Ali Randhawa Monday directed to a...

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