Every time a material burns, it sets off a complex chemical reaction. This process, known as combustion, is not unique to any one source. It occurs in vehicle engines, industrial plants, household cooking fires, and cigarette use. Across these different settings, the underlying chemistry remains the same: when carbon-based materials …
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SBP Receives $1.3 Billion from IMF Under EFF and RSF Programs
KARACHI, May 13, 2026: The State Bank of Pakistan (SBP) has received approximately $1.3 billion from the International Monetary Fund under the Extended Fund Facility (EFF) and Resilience and Sustainability Facility (RSF) programs, providing further support to Pakistan’s external financial position. According to the State Bank, the IMF Executive Board …
Read More »Spotify Celebrates 20 Years with Personalized “Spotify 20: Your Party of the Year(s)” Experience
KARACHI, May 12, 2026: Spotify has launched a special in-app experience titled “Spotify 20: Your Party of the Year(s)” to celebrate its 20th anniversary, giving users a nostalgic and personalized look back at their listening history. Starting today, Spotify users can access the interactive feature directly within the mobile app, …
Read More »Pakistan-China Economic Relations Have Entered a New Sustainable Era, Malik Muhammad Bostan
KARACHI (May 12, 2026): Chairman of the Exchange Companies Association of Pakistan (E-CAP), Malik Muhammad Bostan, has welcomed the visit of the Chinese delegation to Pakistan, calling it a positive development for promoting trade between the two countries. He said that extending the long-standing brotherly relations between Pakistan and China …
Read More »Al-Ghazi Tractors champions mechanization at the 19th Agri Asia Conference
Lahore, May 12, 2026: Al-Ghazi Tractors Limited (AGTL) participated in the 19th International Agri Asia Exhibition & Conference 2026. The three-day event was held in Lahore and brought together key stakeholders from Pakistan’s agriculture and livestock sectors. AGTL used the platform to highlight its commitment to agricultural mechanization. It also …
Read More »LCCI Demands Dedicated Industrial Security Force for Hub Industrial Zone
KARACHI, 12 May 2026: The Lasbela Chamber of Commerce & Industry (LCCI) has called for the immediate establishment of a specialized industrial security force for the Hub Industrial Trading Estate, one of Balochistan’s key economic zones. The LCCI President and the Executive Committee urged all law enforcement agencies to act …
Read More »Pakistan E&P Sector Outlook Improves as Rising Oil Prices Boost Earnings Projections
KARACHI, May 12, 2026: Pakistan’s oil and gas exploration sector is expected to deliver stronger earnings growth over the next two fiscal years. This outlook is driven by higher international crude oil prices and improving hydrocarbon production, according to a sector review released on May 11, 2026. Analysts have revised …
Read More »ICAP Holds CFO Conference 2026
KARACHI, May 12, 2026: The Professional Accountants in Business (PAIB) Committee of the Institute of Chartered Accountants of Pakistan (ICAP) held the ICAP CFO Conference 2026 under the theme “The New Playbook – Adapt, Innovate, Elevate.” The event brought together finance professionals, business leaders, policymakers, and thought leaders to discuss …
Read More »IMF Cuts Pakistan GDP Forecast for FY27,
KARACHI, May 12, 2026: The International Monetary Fund (IMF) has revised Pakistan’s macroeconomic outlook following the approval of the third review, lowering the country’s projected GDP growth for FY27 to 3.5% from its earlier estimate of 4.1%. The updated projections also indicate higher inflation expectations, reduced foreign exchange reserve targets, …
Read More »Middle East War poses significant risks to Pakistan’s macroeconomic outlook
KARACHI, May 12, 2026: Pakistan’s macroeconomic stability strengthened further in H1-FY26, despite headwinds from global trade-related uncertainty and domestic floods, according to the State of Pakistan’s Economy, Half Year Report FY26, released on Tuesady by the State Bank of Pakistan (SBP). The Report also notes that the Middle East War …
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