Business

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Pakistan’s Trade Deficit Jumps 25% as Rising Imports Raise Concerns

Pakistan’s Trade Deficit Jumps 25% as Rising Imports Raise Concerns

KARACHI, Aug. 6, 2026: Pakistan’s trade deficit widened by more than 25% year-on-year to US$3.95 billion in July 2026, prompting concern from United Business Group (UBG) President and former FPCCI President Zubair Tufail, who warned that the country’s growing reliance on imports continues to pressure the economy. Tufail said the …

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SECMC Conference Calls for Collaboration to Unlock Pakistan’s Mining Potential

SECMC Conference Calls for Collaboration to Unlock Pakistan’s Mining Potential

KARACHI, Aug. 6, 2026: The Sindh Engro Coal Mining Company (SECMC) brought together government officials, mining firms, academia and global technology providers at the Mining Technical Conference 2026, urging greater collaboration, skills development and technological innovation to accelerate Pakistan’s mining sector. Held under the theme “Driving Pakistan’s Mining Sector through …

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PSX Investor Base Tops 600,000 for First Time as Retail Participation Surges

PSX Investor Base Tops 600,000 for First Time as Retail Participation Surges

KARACHI, Aug. 6, 2026: The Pakistan Stock Exchange (PSX) has crossed 600,000 investors for the first time, highlighting growing public participation in Pakistan’s capital market. According to the latest data, the total number of investors reached 607,025 in July 2026. The exchange added 23,973 new investor accounts during the month, …

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Saylani Forum Calls for Full Islamic Banking Transition by 2027

Saylani Forum Calls for Full Islamic Banking Transition by 2027, Highlights AI and Youth Skills

KARACHI, Aug. 5: The fourth National Islamic Economic Forum, organized by Saylani Welfare International Trust and the Saylani School of Business and Islamic Leadership, called for the complete transition of Pakistan’s commercial banking sector to Islamic banking by December 31, 2027. The conference adopted a unanimous resolution urging all commercial …

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