News & Updates

News Update

26

Feb 2025

Feb 26, 2025 • 5 min read

Pakistan, Uzbekistan Agree to Take Bilateral Trade to $2 Billion

Pakistan and Uzbekistan on Wednesday vowed to take the volume of bilateral trade from current $400 million to $2 billion...

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News Update

26

Feb 2025

Feb 26, 2025 • 5 min read

Govt Announces Relief for 300-Unit Electricity Consumers, Agri Tubewells 

The federal government on Wednesday announced relief for agricultural tube wells and electricity consumers using up to 3...

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News Update

26

Feb 2025

Feb 26, 2025 • 5 min read

Govt Policies Aimed to Achieve Sustainable, Inclusive Economic Growth: Aurangzeb 

Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb Wednesday said that the government was endeavoring f...

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News Update

26

Feb 2025

Feb 26, 2025 • 5 min read

Govt to Drop Petrol Bomb Before Ramadan

Petrol prices in Pakistan are expected to increase by approximately Rs. 4 to Rs. 4.50 per liter starting March 1, 2025 w...

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News Update

26

Feb 2025

Feb 26, 2025 • 5 min read

FBR Withdraws Export Facilitation Scheme for These Importers

The Federal Board of Revenue (FBR) has announced major measures for checking the massive misuse of the Export Facilitati...

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News Update

26

Feb 2025

Feb 26, 2025 • 5 min read

Customs Seizes Highly Addictive Indian-Made Painkiller Worth Rs. 10 Billion

The Collectorate of Customs Enforcement Karachi has seized a huge consignment of highly addictive Indian-made painkiller...

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News Update

26

Feb 2025

Feb 26, 2025 • 5 min read

Public Accounts Committee Irked Over CDA’s Financial Irregularities

The Public Accounts Committee (PAC), chaired by Junaid Akbar, reviewed the audit report of the Capital Development Autho...

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News Update

26

Feb 2025

Feb 26, 2025 • 5 min read

Shifa International Approves Merger of Neuro Sciences Subsidiary

Shifa International Hospitals Limited (SIHL) has approved a merger plan to integrate its wholly owned subsidiary, Shifa...

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News Update

26

Feb 2025

Feb 26, 2025 • 5 min read

University of Health Sciences is Shifting Campuses to Solar Power to Cut Costs

The University of Health Sciences (UHS) has decided to transition both campuses to solar energy to reduce electricity ex...

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News Update

26

Feb 2025

Feb 26, 2025 • 5 min read

PSX Dips by 666 Points as Profit-Taking Returns 

The 100-Index of the Pakistan Stock Exchange (PSX) turned around to bearish trend on Wednesday, losing 665.76 points, a...

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News Update

26

Feb 2025

Feb 26, 2025 • 5 min read

Pakistan Banking Summit 2025 Concludes With Key Takeaways for a Better Ecosystem

The Pakistan Banking Summit (PBS’25) took place on February 24th and 25th, 2025, at the Movenpick Hotel, Karachi. This g...

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News Update

26

Feb 2025

Feb 26, 2025 • 5 min read

FTO Wants FBR to Consider Sales Tax Exemption On These Items

Federal Tax Ombudsman (FTO) has strongly recommended the Federal Board of Revenue (FBR) to consider sales tax exemption...

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News Update

26

Feb 2025

Feb 26, 2025 • 5 min read

Utility Stores to Be Handed Over to A Pubblic-Private Partnership

Minister for Industries announced that Utility Stores will be run under a public-private partnership to curb financial l...

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News Update

26

Feb 2025

Feb 26, 2025 • 5 min read

Govt Has So Far Raised Rs. 2.25 Trillion Via Ijarah Sukuks Since December 2023

The Securities & Exchange Commission of Pakistan has helped the DMO in conducting 18 auctions and raising a gross amount...

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News Update

25

Feb 2025

Feb 25, 2025 • 5 min read

Bitcoin Crashes to Lowest Level Since February 3

Bitcoin declined sharply on Monday after a panic-stricken sell-off in technology stocks worldwide that caused the flagsh...

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News Update

25

Feb 2025

Feb 25, 2025 • 5 min read

Bitcoin Nosedives Below $87,000 As Entire Crypto Market Sheds 10%

Bitcoin declined sharply below $87,000 during the late hours of Tuesday as all cryptocurrencies took massive hits to wip...

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News Update

25

Feb 2025

Feb 25, 2025 • 5 min read

New York Govt Cancels $220 Million Lease for PIA-Owned Roosevelt Hotel

The government of New York City has terminated its $220 million lease agreement with Pakistan International Airlines (PI...

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News Update

25

Feb 2025

Feb 25, 2025 • 5 min read

Retail Reimagined: Driving Economic Growth Through Innovation & Collaboration

The retail sector stands as a cornerstone of Pakistan’s economy, contributing significantly to the national GDP, generat...

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News Update

25

Feb 2025

Feb 25, 2025 • 5 min read

Pakistan to Supply JF-17 Fighter Jets to Azerbaijan Soon

Azerbaijan is set to acquire its first batch of JF-17 Thunder fighter jets from Pakistan, with discussions underway for...

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News Update

25

Feb 2025

Feb 25, 2025 • 5 min read

Govt Paid Billions to Financial Advisor Who Failed to Sell PIA

The National Assembly’s Standing Committee on Privatization was informed on Tuesday that the privatization of Pakistan I...

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News Update

25

Feb 2025

Feb 25, 2025 • 5 min read

PSX and Baku Stock Exchange Ink MoU for Collaboration in Capital Markets

Pakistan Stock Exchange (PSX) & Baku Stock Exchange (BSE) have signed a Memorandum of Understanding (MOU) in an online c...

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