KARACHI, May 26, 2026: S.M. Tanveer, Patron-in-Chief of the United Business Group (UBG) and former caretaker provincial minister, has urged the National Electric Power Regulatory Authority (NEPRA) to reject the Indicative System Plan (ISP) 2025-35 and redesign what he called a deeply flawed energy roadmap. In a statement, S.M. Tanveer …
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KARACHI (May 21, 2026): Chairman of the Exchange Companies Association of Pakistan (ECAP), Malik Muhammad Bostan, has said that the continuous improvement in Pakistan’s foreign exchange reserves, growing confidence of the IMF in the current government, and the strengthening of the Pakistani rupee against the US dollar are encouraging signs …
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KARACHI ,May 14 , 2026 :Pakistan’s Ambassador to China, Khalil Hashmi, said Pakistan and China have made strong progress in bilateral economic cooperation. Over the past two years, both sides signed more than 300 Memorandums of Understanding (MoUs) and over three dozen joint venture agreements. Together, these deals are worth …
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KARACHI, May 9, 2026: Wahdat Poultry Farm Limited was formally listed on the Main Board of the Pakistan Stock Exchange (PSX) on Friday, following a successful initial public offering (IPO) that raised Rs956 million and attracted strong participation from both institutional and retail investors. To commemorate the listing, PSX hosted …
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KARACHI, May 6, 2026: Pakistan’s industrial sector is showing signs of sustained recovery, posting strong growth despite ongoing regional geopolitical tensions and global energy uncertainties that continue to pressure supply chains worldwide. According to Khurram Schehzad, Large-Scale Manufacturing (LSM) recorded an 11% year-on-year increase in March, reflecting a notable rebound …
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KARACHI, May 6, 2026: The Pakistan Stock Exchange (PSX) witnessed a historic rise in investor participation in April 2026, with more than 24,000 new accounts opened during the month, according to Khurram Schehzad, adviser to the finance minister. Sharing the latest figures, Schehzad said a total of 24,150 new investor …
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Islamabad, May 4, 2026: The Competition Commission of Pakistan (CCP) has approved the proposed acquisition of shares in Rafhan Maize Products Company Limited by a consortium linked to the Nishat Group, following an initial review under the Competition Act, 2010. Under the transaction, shares of Rafhan Maize Products will be …
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Karachi: The State Bank of Pakistan (SBP) has introduced additional facilitative measures under its housing finance program to improve access to loans and streamline the approval process for prospective borrowers. Under the revised framework, the central bank has capped the debt burden ratio at 65 percent, requiring that total monthly …
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KARACHI, February 16, 2026: Bank Alfalah Limited has posted a profit after tax (PAT) of Rs 28.34 billion for the year ended December 31, 2025. The bank’s Board of Directors approved the annual results in its meeting held on February 13, 2026. Earnings per share (EPS) stood at Rs 17.97 …
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KARACHI, February 16, 2026: The State Bank of Pakistan (SBP) has announced the launch of “Cyber Shield” the Cyber Resilience Strategy for Regulated Entities” under its Vision 2028 agenda, aimed at strengthening the safety and robustness of Pakistan’s banking and financial system. The initiative is designed to protect banks and …
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