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Pakistan and Saudi Arabia Reach Agreement on Prisoner Exchange and Strengthen Bilateral Relations
A landmark deal on prisoner exchange will bring 419 Pakistani prisoners back home soon. The two nations also agree to designate Islamabad and Riyadh as twin cities, marking a new chapter in their close ties.
News Desk
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KSE-100 Index Sees Volatility: Gains Over 800 Points Before Closing in Red
The KSE-100 Index surged by 847 points in early trading on bullish retail interest but closed 310 points lower due to market corrections. Key movers: K-Electric (KEL) & Kohinoor Spinning Mills (KOSM). Analysts cite improved macroeconomic fundamentals and shifting investor focus.
News Desk
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Government, Banks Collaborate to Boost Financial Inclusion and Priority Sector Financing
Solar tube wells, electric vehicles, SME support, and more! Pakistan's banking sector teams up with the government to drive financial inclusion through innovative lending initiatives.
News Desk
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FDI Rises 32% to $904m in FY25, but Concerns Persist Over Investor Confidence
FDI in Pakistan rises 32% to $904M in FY25, but challenges like security concerns and low regional inflows still weigh on investor confidence.
News Desk
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Government to Reinitiate PIA Privatization Bidding Process
Federal Minister Aliem Khan emphasizes government’s commitment to turning PIA into a profitable entity, despite past hurdles.
News Desk
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Finance Minister Rules Out Mini-Budget, Confirms IMF Talks Successful
Finance Minister Muhammad Aurangzeb assures no mini-budget is coming and Pakistan’s tax target of Rs. 12,970 billion will be achieved.
News Desk
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IMF Calls for Shifting More Responsibilities to Provinces
IMF wraps up talks with Pakistan, emphasizing the need for provincial responsibility in social and development sectors. Key issues include energy reforms, revenue shortfalls, and climate financing.
News Desk
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IMF Concludes Talks with Pakistan Amid Revised Fiscal Data
Pakistan and the IMF conclude weeklong talks under tight secrecy. Key discussions: fiscal revisions, Punjab’s cash surplus, and a $1.2bn climate financing request.
News Desk
