KARACHI June 12 ,2026: The SITE Association of Industry (SAI) has expressed mixed views on the Federal Budget 2026-27. While it welcomed some measures, it said the budget falls well short of addressing the urgent needs of Pakistan’s manufacturing sector. SAI President Abdul Rehman Fudda said the government showed positive …
Read More »Pakistan Auto Sales Rise 19% YoY in May, Eid Holidays Weigh on Monthly Numbers
KARACHI, June 11, 2026: Pakistan’s automobile industry recorded mixed performance in May 2026, as car sales increased on an annual basis but declined compared to the previous month. According to data released by the Pakistan Automotive Manufacturers Association (PAMA), car sales reached 17,660 units in May 2026. This reflects a …
Read More »Zong Partners with PAA to Launch 5G Customer Facilitation Desk at Karachi Airport
KARACHI, June 11, 2026: Zong, a leading technology service provider in Pakistan, has partnered with the Pakistan Airports Authority (PAA) to launch a dedicated 5G Customer Facilitation Desk at Jinnah International Airport, Karachi. The company aims to improve passenger experience. Therefore, it now offers SIM activation, high-speed mobile data, and …
Read More »SBP Unveils First Research Agenda for 2026-2029
KARACHI ,June 11,2026: The State Bank of Pakistan (SBP) has launched its first-ever Research Agenda for 2026-2029, outlining key research priorities to support evidence-based policymaking and strengthen the country’s financial system. The agenda comes at a time when economies face rapid technological change, recurring supply shocks, climate challenges, and long-standing …
Read More »Karachi Residents Face Week-Long Gas Outage in FB Area Naseerabad Block 14
KARACHI,6 June 2026 : Residents of FB Area Naseerabad Block 14 face a complete gas outage for the past week. As a result, daily life has come to a halt. Stoves remain cold, and families struggle to cook even basic meals. Consequently, children miss regular breakfasts, while households fail to …
Read More »Azadari Conference Held in Karachi Under Jafaria Alliance Pakistan
KARACHI ,6 jUNE,2026: Jafaria Alliance Pakistan organizes the “Azadari Conference” at Nishtar Park under the chairmanship of its President, Allama Syed Shehnshah Hussain Naqvi. In addition, representatives from various religious, mourning, and social organizations attend the event, including trustees of Imambargahs, mosques, and central Majalis permit holders. Moreover, major religious …
Read More »Local Mobile Phone Manufacturing in Pakistan Falls 35% MoM in April 2026
KARACHI, May 26, 2026: Pakistan’s local mobile phone manufacturing and assembly witnessed a sharp monthly decline of 35% in April 2026, according to the latest data released by the Pakistan Telecommunication Authority, highlighting a slowdown in production momentum despite continued reliance on domestic output to meet demand. Local manufacturers and …
Read More »Delegation Meets Governor Sindh to Enhance Pakistan–Romania Economic Cooperation
KARACHI 21-05-2026: Nehal Hashmi, Governor of Sindh, appreciated the services of Atif Farooqi for promoting bilateral trade between Pakistan and Romania over the past 26 years, stating that he has played a key role in strengthening commercial relations between the two countries. The Governor also praised the efforts of the …
Read More »Chinese Delegation Arrives Pakistan to Explore Joint Venture Opportunities
KARACHI: A high-level Chinese business delegation comprising around 50 members has arrived in Pakistan to explore joint venture opportunities with Pakistani entrepreneurs and strengthen bilateral trade and investment ties between the two friendly countries. The delegation includes representatives from a wide range of sectors including chemicals, automobile, construction, building raw …
Read More »Standard Chartered Sweeps Top Honors at The Banker’s Islamic Banking Awards 2026
Recognition highlights the Bank’s Shariah-compliant platform across client segments and its sukuk structuring capability across growth markets Karachi : May 8,2026 Standard Chartered has been named ‘Islamic Bank of the Year’ and awarded ‘Most Innovative Sukuk’ by The Banker, recognising the strength of its Islamic banking platform across affluent, corporate and …
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