News & Updates

News Update

18

Sep 2025

Sep 18, 2025 • 5 min read

Buscaro Raises $2 Million to Scale Daily Commutes for Students and Employees Across Pakistan

Pakistan-based mobility startup Buscaro has raised $2 million in fresh funding to expand its tech-enabled commute servic...

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News Update

18

Sep 2025

Sep 18, 2025 • 5 min read

Pakistan’s Mining Sector Can Grow From $2 Billion to $8 Billion by 2030: NRL CEO

Pakistan’s mining sector is on the cusp of transformation, with annual revenues projected to grow from the current $2 bi...

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News Update

18

Sep 2025

Sep 18, 2025 • 5 min read

Bank Alfalah Islamic Wins Two Global Awards at Global Islamic Finance Awards (GIFA)

Bank Alfalah, one of Pakistan’s leading commercial banks, through its Islamic banking division, has been recognised with...

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News Update

18

Sep 2025

Sep 18, 2025 • 5 min read

PTA Chairman Returns to Office

The Islamabad High Court’s division bench has suspended the decision of the single bench, meaning the recently ousted PT...

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News Update

18

Sep 2025

Sep 18, 2025 • 5 min read

Pakistan Risks Losing $300 Million World Bank Solar Deal

Pakistan is on the verge of losing $300 million in concessional financing from the World Bank after the government decid...

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News Update

18

Sep 2025

Sep 18, 2025 • 5 min read

Govt Revises Profit Rates on Different National Savings Schemes

The government has revised profit rates for National Savings Schemes (NSS) across various investment categories, effecti...

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News Update

18

Sep 2025

Sep 18, 2025 • 5 min read

Pakistan’s Central Govt Debt Rises to Rs. 78.24 Trillionin July FY26

Pakistan’s central government debt climbed to Rs. 78.238 trillion in July, the first month of FY26, up Rs. 350 billion o...

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News Update

18

Sep 2025

Sep 18, 2025 • 5 min read

SC Overturns LHC Relief; FBR Can Charge Added Sales Taxes on Mills’ Utility Bills

The Supreme Court of Pakistan (SCP) has issued a judgement against the flour mills and declared that the Federal Board o...

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News Update

17

Sep 2025

Sep 17, 2025 • 5 min read

International Confidence in Pakistan’s Economy Reflected in Mashreq Bank’s Entry, says Pakistan Banks Association (PBA)

The Pakistan Banks Association (PBA), on behalf of the banking sector, hosted a reception in Islamabad to commemorate th...

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News Update

17

Sep 2025

Sep 17, 2025 • 5 min read

Pakistan’s Biggest Tech Expo Returns

E-commerce Gateway Pakistan (Pvt.) Ltd. has announced the 26th edition of ITCN Asia Karachi, Pakistan’s largest IT and T...

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News Update

17

Sep 2025

Sep 17, 2025 • 5 min read

Will the PTA Chairman Be Reinstated?

A significant development has taken place in the case regarding the removal of the Chairman of the Pakistan Telecommunic...

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News Update

17

Sep 2025

Sep 17, 2025 • 5 min read

Premium Card Spend in Pakistan Hits Record Growth, Digital Spend Soars 110%

Summer spending on Visa premium consumer cards in Pakistan rose 36% year over year, according to Visa’s latest consumer...

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News Update

17

Sep 2025

Sep 17, 2025 • 5 min read

CDA Officers Accused of Illegal Plot Transfers Using Fake Power of Attorney

A major land scam has surfaced in Islamabad’s Sector D-13, where five residential plots were allegedly transferred using...

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News Update

17

Sep 2025

Sep 17, 2025 • 5 min read

Imported LNG is 65% More Expensive Than Local Gas: OGRA

The federal government’s plan to provide new domestic gas connections based on Liquefied Natural Gas (LNG) has become a...

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News Update

17

Sep 2025

Sep 17, 2025 • 5 min read

Starlink, Amazon, and OneWeb Wait as Pakistan Delays Satellite Internet Launch

Five major international satellite internet providers, OneWeb (Eutelsat Group), Amazon’s Project Kuiper, SpaceCell (SSST...

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News Update

17

Sep 2025

Sep 17, 2025 • 5 min read

Rupees Odd Consistent Gain Against US Dollar Continues

The Pakistani rupee continued its positive trend on Wednesday, posting a marginal gain against the US dollar in the inte...

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News Update

17

Sep 2025

Sep 17, 2025 • 5 min read

Gold Price in Pakistan Drops, But Remains Just Near Rs. 400,000 Per Tola

Gold prices in Pakistan experienced a decline on Wednesday, mirroring losses in the international market. In the local m...

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News Update

17

Sep 2025

Sep 17, 2025 • 5 min read

Pakistan Launches Semiconductor Clusters to Train 1,000 Engineers by 2030

The Pakistan Software Export Board (PSEB), under the Ministry of IT and Telecom, has invited proposals for the establish...

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News Update

17

Sep 2025

Sep 17, 2025 • 5 min read

Inflation Expected to Hit 11-Month High: Report

Pakistan’s Consumer Price Index (CPI) for September 2025 is expected to rise by 6.5% to 7%, up from 3.0% in August 2025...

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News Update

17

Sep 2025

Sep 17, 2025 • 5 min read

Pakistan’s Power Distribution Privatization Plan Faces Delay

Several International Monetary Fund (IMF) benchmarks linked to the privatization of Pakistan’s power distribution compan...

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News Update

17

Sep 2025

Sep 17, 2025 • 5 min read

Ordinary Pakistanis Now Hold Nearly Half of Pakistan’s Bank Deposits

Personal deposits now account for nearly half of Pakistan’s total banking deposits, highlighting the dominant role of ho...

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