Karachi, February 12, 2026: In a significant step aimed at supporting Pakistan’s economic recovery, the country’s banking sector has voluntarily reduced markup rates on the Export Refinance Facility (ERF) by 3 percent. The move lowers the end-user financing rate for exporters to 4.50 percent on all new loans and rollovers, …
Read More »Pak Suzuki Exports Ecstar Engine Oil to Oman for the First Time
Karachi: Pak Suzuki Motor Company (PSMC) has achieved a major milestone by exporting its popular Ecstar engine oil to Oman for the first time, becoming Pakistan’s first OEM to accomplish this achievement. According to the company, Ecstar is a globally recognized engine oil brand used for cars, motorcycles, and outboard …
Read More »Customs Warns KICT Over Container Backlog
Karachi: Karachi International Container Terminal (KICT) is facing serious delays as more than 38,000 containers are still pending delivery. Customs authorities have issued a warning and may take legal action under the Customs Act, 1969. The Collectorate of Customs Appraisement West sent a notice to KICT CEO Naveed Qureshi, saying …
Read More »Finance Minister Meets Global Investors to Promote Private Sector Growth
Islamabad, February 11, 2026: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, met with a high-level international investors’ delegation at the Finance Division to discuss strengthening private sector-led growth and supporting Pakistan’s reform agenda. The delegation included representatives from the International Finance Corporation (IFC), British International Investment (BII), Asian …
Read More »ABHI Microfinance Bank, 1LINK Partner to Launch 1GO Raast P2M Services for Merchants
Karachi: ABHI Microfinance Bank Ltd. (Abhi MFB) has entered into a strategic partnership with 1LINK to introduce 1GO Raast Person-to-Merchant (P2M) payment services, enabling merchants across Pakistan to accept instant digital payments through Raast QR technology. The partnership was formalized at a signing ceremony attended by senior leadership from both …
Read More »Saudia Transported 37 Million Guests in 2025, Marking Strong Operational Growth
Riyadh: Saudia, the national flag carrier of Saudi Arabia, recorded robust operational growth in 2025, transporting approximately 37 million guests, a 6 percent increase compared to the previous year, as the airline continued expanding its global reach and transit connectivity through the Kingdom. According to Saudia’s operational performance report, the …
Read More »China posts record $1.2Trln trade surplus in 2025 despite US export slump
China posted a record $1.2 trillion trade surplus in 2025 despite a 20% drop in exports to the US, driven by strong trade with ASEAN, Africa, and the EU.
Read More »Teyana Taylor Responds to Kanye West Controversies, Calls Him “Brother”
Teyana Taylor addresses Kanye West controversies, calling him a “brother” and stressing her loyalty despite not always agreeing with his actions.
Read More »Gordon Ramsay Comforts Daughter Holly During Wedding Jitters
Gordon Ramsay helped calm his daughter Holly ahead of her wedding to Adam Peaty, sharing heartfelt Instagram photos from their journey to Bath Abbey.
Read More »King Charles Makes Key Decision on Prince Harry Ahead of UK Visit
King Charles reportedly will not meet Prince Harry at the Palace during his UK visit, aiming to avoid media attention and protect official duties.
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